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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 168999 times)
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Bcnex - The Ultimate Blockchain Trading Platform


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September 19, 2017, 05:50:35 AM
Last edit: September 19, 2017, 06:12:13 AM by kamBlanV
 #1061

Interesting, following, I'm already invested in silver so gold may be next.
very interesting but I can only watch it. I do not have the funds to join. But I hope this project is successful.

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September 19, 2017, 05:50:42 AM
 #1062

Gold token won’t be listed on any exchange, correct? And let’s say if i want to buy it, given that it requires the ‘kyc’, how and where will you sell your token?
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September 19, 2017, 05:55:55 AM
 #1063

What are MNTP tokens?
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September 19, 2017, 06:00:37 AM
 #1064

Some people may wonder if they can exchange the gold token with the real gold bars. How are you going to explain this?
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Alexander KOSTIN | GoldMint


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September 19, 2017, 06:06:04 AM
 #1065

Greetings!


Gold token won’t be listed on any exchange, correct? And let’s say if i want to buy it, given that it requires the ‘kyc’, how and where will you sell your token?


Initially, GOLD tokens will be traded at GoldMint website, the traders will need to pass the KYC procedure which will not take more than 30 minutes. Later on they can be traded wherever according to the terms and conditions of a particular exchange.


What are MNTP tokens?


The miner can buy more from from other miners on the network.


Some people may wonder if they can exchange the gold token with the real gold bars. How are you going to explain this?


The price of one GOLD equals one ounce of physical gold on the LBMA. Applicants who want to trade GOLD for fiat need to undergo GoldMint's KYC procedure. If accepted, the applicant’s GOLD cryptoasset is transferred from his, or her, GoldMint wallet to a special GoldMint account and is converted to fiat. GoldMint sends this fiat to the applicant. So, the price with commissions you receive for buying GOLD is LBMA + 5%, selling - LBMA + 2%. Therefore the way fiat => GOLD => fiat will be 3%.


With regards,
team GOLDMINT

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September 19, 2017, 06:11:05 AM
 #1066

What is the limit of the loan?
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September 19, 2017, 06:16:54 AM
 #1067

What is custody bot?
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Alexander KOSTIN | GoldMint


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September 19, 2017, 06:21:17 AM
 #1068

Greetings!


What is the limit of the loan?


The limit of the loan depends on the GOLD or the value of the gold that is used as a collateral.


What is custody bot?

Custody Bot is GoldMint's unique device. It is programmed for temporary holding, inspection, long-term storing and conveying of gold jewelry, coins or gold.


With regards,
team GOLDMINT


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September 19, 2017, 06:27:08 AM
 #1069

what is an etf and how can it back gold?
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September 19, 2017, 06:33:13 AM
 #1070

where does goldmint store its physical gold and which etfs back gold cryptoassets?
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September 19, 2017, 06:39:23 AM
 #1071

could you give us an example number of the cost storing gold? (e.g. in the usa or switzerland)
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September 19, 2017, 06:45:06 AM
 #1072

very interested ,but want to know more details.
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Alexander KOSTIN | GoldMint


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September 19, 2017, 06:51:14 AM
 #1073

Greetings!

what is an etf and how can it back gold?

An ETF, or exchange-traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, an ETF trades like a common stock on a stock exchange. ETFs offer low-cost diversification, trading and arbitrage options. New ETFs range from several dozen to hundreds in any particular year. They can be used to back GOLD, since there is a high demand for ETFs in the gold market. Top ETFs for gold can be found on ETFDB.

where does goldmint store its physical gold and which etfs back gold cryptoassets?

GoldMint's gold is locked up in its storage reserves. The amount of gold and the ratings of this gold are confirmed by bank statements which are uploaded in the GoldMint blockchain to guarantee transparency.

could you give us an example number of the cost storing gold? (e.g. in the usa or switzerland)

The average fee for storing physical gold is 0,25% from its estimated value a year.

With regards,
team GOLDMINT

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September 19, 2017, 06:57:05 AM
 #1074

will there be any auditing of goldmint assets?
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September 19, 2017, 07:03:14 AM
 #1075

most of the coins don't give a fuck about us!
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September 19, 2017, 07:09:08 AM
 #1076

how can i buy gold?
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September 19, 2017, 07:15:12 AM
 #1077

some people may wonder if they can exchange the gold token with the real gold bars. how are you going to explain this?
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Alexander KOSTIN | GoldMint


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September 19, 2017, 07:21:22 AM
 #1078

Greetings!

will there be any auditing of goldmint assets?

An auditor from an objective TOP 100 audit company checks GoldMint's accounts each month and confirms that its gold reserves tally with its accounts and with its GOLD emission. On top of that, GoldMint has its own GoldMint internal auditor check its accounts several times a month.

how can i buy gold?

People who want to trade GOLD for fiat or cryptocurrency need to undergo GoldMint's KYC procedure. You can also get GOLD when you transfer your physical gold to Custody Bot or to GoldMint’s partner banks.

some people may wonder if they can exchange the gold token with the real gold bars. how are you going to explain this?

The price of one GOLD equals one ounce of physical gold on the LBMA. Applicants who want to trade GOLD for fiat need to undergo GoldMint's KYC procedure. If accepted, the applicant’s GOLD cryptoasset is transferred from his, or her, GoldMint wallet to a special GoldMint account and is converted to fiat. GoldMint sends this fiat to the applicant. So, the price with commissions you receive for buying GOLD is LBMA + 5%, selling - LBMA + 2%. Therefore the way fiat => GOLD => fiat will be 3%.

With regards,
team GOLDMINT

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September 19, 2017, 07:27:41 AM
 #1079

what can i do with gold assets?
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September 19, 2017, 07:33:15 AM
 #1080

how is gold emitted?
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