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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 92786 times)
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September 19, 2017, 09:29:49 AM
 #1101

Greetings!


Which assets can be deposited to the custody bot?


Gold jewelry, small ingots (up to 100 grams) and coins.


Does mnt act like a goldmint share?


MNT token does not imply rights to participate in company management of GoldMint and is not a share.


What are some of the GOLD applications?


Custody Bot stores the user’s GOLD and/ or gold jewellery, coins and other other gold items as collateral and simply to protect them. It also serves as the conduit for inspecting the gold, therefore determining how much GOLD the user receives.


With regards,
team GOLDMINT

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September 19, 2017, 09:35:42 AM
 #1102

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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September 19, 2017, 09:43:13 AM
 #1103

Looking good. Got my eye in this. What will happen to the classic chain.
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September 19, 2017, 09:46:07 AM
 #1104

What is the key idea of the project?
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September 19, 2017, 09:50:21 AM
 #1105

How does custody bot evaluate the assets?
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September 19, 2017, 09:57:30 AM
 #1106

Greetings!


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%.


What is the key idea of the project?


GoldMint buys, sells and repurchases GOLD at the current market price for physical gold. The company uses exchange-traded funds (ETF) or physical gold (of 999 quality) as its security. GoldMint's gold reserves equal or exceed its mined amounts of GOLD.


How does custody bot evaluate the assets?


Custody Bot uses the technologies of spectral analysis and hydrostatic weighing to inspect the value of the gold. In the absence of a single standard, a specialist also manually inspects the jewelry before Custody Bot conducts spectral analysis.


With regards,
team GOLDMINT

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September 19, 2017, 10:02:06 AM
 #1107

Gold is gold
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September 19, 2017, 10:04:06 AM
 #1108

Which rights does MNT provide its holders with?
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September 19, 2017, 10:12:26 AM
 #1109

Which data will be stored on grapheme blockchain ?
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September 19, 2017, 10:18:46 AM
 #1110

You gotta be kidding, right? What's next?
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September 19, 2017, 10:24:20 AM
 #1111

What happens if the miner doesn’t have enough computing power to verify a transaction?
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September 19, 2017, 10:30:27 AM
 #1112

Greetings!


Which rights does MNT provide its holders with?


MNT tokens holders are allowed to vote on GoldMint’s platform in proportion to their number of tokens. This means that when changes are made to GoldMint’s platform, MNT token-holders vote on whether or not to accept these changes. They also have a right to validate blocks and get rewards in GOLD.


Which data will be stored on grapheme blockchain ?


Details of the miner rotation, miners’ rewards and incentives as well as details related to Custody Bot operations (e.g., assessment, weight, when allocated and withdrawn). Also stored on Graphene are all details related to GoldMInt’s GOLD transactions.


What happens if the miner doesn’t have enough computing power to verify a transaction?


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


With regards,
team GOLDMINT

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September 19, 2017, 10:32:39 AM
 #1113

_______________________________________________________________

The ICO event Moscow conference is happening tomorrow, an event for everyone who's planning to launch their own ICO projects or who'd like to invest into cryptocurrency tokens. GoldMint will be presented at the A6 stand, come by and feel free to ask us anything!

https://icoevent.ru/en

_______________________________________________________________





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September 19, 2017, 10:36:39 AM
 #1114

Interesting, i will be watching this project
Best of luck
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September 19, 2017, 10:42:00 AM
 #1115

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, 10:47:59 AM
 #1116

What are MNTP tokens?
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September 19, 2017, 10:54:11 AM
 #1117

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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September 19, 2017, 10:59:36 AM
 #1118

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, 11:07:36 AM
 #1119

how can gold help me hedging risks on the cryptocurrency market?
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September 19, 2017, 11:13:10 AM
 #1120

how can icos find gold profitable?
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