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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 169029 times)
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Alexander KOSTIN | GoldMint


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September 19, 2017, 03:22:38 PM
 #1161

Greetings!


What can i do with GOLD assets?


You can use GOLD assets for the following:
Exchange fiat to cryptocurrency - Right now the fiat-cryptocurrency exchange market exceeds $400 million. Experts predict that this will reach billions once banks regulate the cryptocurrency industry.
Hedge volatility risks - Traders and other cryptocurrency users can hedge their gold commodity with GOLD on any cryptocurrency trading exchange, without leaving that particular platform. Traders can also diversify their trading portfolio with GOLD assets.
Payroll unit- Given its low volatility, you may prefer GOLD to BTC and altcoins for paying employees. Because of its low commissions, high speed, and affordability (no extra charges for transborder payments), you can also use GOLD instead of fiat for regular deals.
ICO currency - ICOs can ask for GOLD donations instead of regular cryptocurrency funds to hedge the high volatility risks that tend to accompany cryptocurrency.
Buy and transport physical gold - You can convert your physical gold into GOLD in any bank that uses the GoldMint blockchain platform. This not only protects cross-country gold transportation but also simplifies the process.


How is gold emitted?


The amount of GOLD that is emitted depends on the amount of physical gold and ETF backing that GoldMint has in its reserves. The amount of GOLD in circulation can never exceed GoldMAn's reserves of physical gold.


What other projects run on graphene?


Graphene also allows its users other platforms that include:Openledger - exchange Rudex - exchange Satoshi.fund - fund Hubdsp - DSP platform Peerplays - betting platform Steemit / Golos.io - news platform


With regards,
team GOLDMINT

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September 19, 2017, 03:28:15 PM
 #1162

How Custody Bot will be linked to a blockchain?
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September 19, 2017, 03:34:58 PM
 #1163

Why don't you use ETH blockchain?
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September 19, 2017, 03:40:31 PM
 #1164

What is the use of API implementation?
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September 19, 2017, 03:47:22 PM
 #1165

Interesting, i will be watching this project
Best of luck
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Alexander KOSTIN | GoldMint


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September 19, 2017, 03:52:48 PM
 #1166

Greetings!


How Custody Bot will be linked to a blockchain?


The ​Airalab Core​ platform links Custody Bot to the blockchain.

We are consulting with them because they have a huge expirience about connecting various bots to blockchain.


Why don't you use ETH blockchain?


Why don't you use ETH blockchain?


GoldMint’s blockchain, using the​ ​Graphene​ platform will be launched. 

    Advantages of such a choice compared to using an Ethereum private fork are as follows: 

        1. Safer  -  GoldMint  blockchain  uses  its  own  coins  rather  than  turing-complete  smart contracts. 
        2. More  productive  -  GoldMint  uses  PoS,  is  optimized  for  GOLD transactions  as there are no other ICOs on the same platform.   
        3. Cheaper - no charge for ether commissions. 
        4. The Graphene blockchain supports PoS.


What is the use of API implementation?


The Application Programming Interface (API) regulates the GOLD, distributing these tokens to the following entities: E-commerce that can use GOLD for transactions. Local banks and Monetary Financial Institutions (MFIs) that can use GOLD as collateral. The API also regulates the GOLD that is used as escrow for bank accounts and as financial guarantees.


With regards,
team GOLDMINT

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September 19, 2017, 04:02:03 PM
 #1167

2017 will be the year of Goldmint
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September 19, 2017, 04:09:42 PM
 #1168

Which data will be stored on grapheme blockchain ?
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September 19, 2017, 04:15:33 PM
 #1169

What happens if the miner doesn’t have enough computing power to verify a transaction?
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September 19, 2017, 04:21:58 PM
 #1170

Which rights does MNT provide its holders with?
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Alexander KOSTIN | GoldMint


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September 19, 2017, 04:28:07 PM
 #1171

Greetings!


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.


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.


With regards,
team GOLDMINT


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September 19, 2017, 04:33:48 PM
 #1172

I think i better get into this one also looks like majority here are in favour of this project.
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September 19, 2017, 04:38:43 PM
 #1173

Which rights does mnt provide its holders with?
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September 19, 2017, 04:44:36 PM
 #1174

Which rights does mnt provide its holders with?
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September 19, 2017, 04:52:08 PM
 #1175

How is it burned?
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Alexander KOSTIN | GoldMint


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September 19, 2017, 04:59:04 PM
 #1176

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 rights does mnt provide its holders with?


GoldMint  plans  to  develop  an Application Programming  Interface  (API) to regulate  GOLD. 

This will achieve the following: 

     ●   E-commerce can use GOLD for transactions. 

     ●   Local banks and Monetary Financial Institutions (MFIs) can use GOLD as collateral. 

     ●   GOLD can be used escrow for bank accounts and as financial guarantees.


How is it burned?


GOLD assets are burned, or destroyed, when physical GOLD is withdrawn from the Custody Bot.


With regards,
team GOLDMINT

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September 19, 2017, 05:05:31 PM
 #1177

Tell us more about hedging risks?
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September 19, 2017, 05:11:15 PM
 #1178

Yes, this is a good idea
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September 19, 2017, 05:17:03 PM
 #1179

Is MNTP a security token?
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September 19, 2017, 05:24:51 PM
 #1180

Here you can find all details about our BTT campaign: https://bitcointalk.org/index.php?topic=2091804
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