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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 78893 times)
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September 19, 2017, 07:02:11 PM
 #1201

Finally, thank you. Now I'll check announcement threads more
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BazkieBumpercar
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September 19, 2017, 07:20:08 PM
 #1202

What is custody bot?
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September 19, 2017, 07:26:20 PM
 #1203

What are the commissions for transactions in gold?
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September 19, 2017, 07:32:19 PM
 #1204

What are MNT tokens?
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September 19, 2017, 07:37:55 PM
 #1205

Greetings!


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.


What are the commissions for transactions in gold?


Most times, when a person buys GOLD for fiat, the price for GOLD will be LBMA + 5%. When they want to sell their GOLD, the price will be LBMA +3%. The commission for managing gold is 0.2-0.8% per annum, depending on gold volatility and investor traffic. After analyzing the correlation between the value of gold and the stock price of the three largest ETFs - the GLD (announced expense ratio 0.4% ), the IAU ( 0.25% ) and SGOL ( 0.39% ) - we estimate that the real backlog of ETF shares in physical gold is about 0.7% (prices are taken from COMEX on the LME ).


What are MNT tokens?


MNT is GoldMint's internal token, used to confirm GOLD cryptoasset transactions.


With regards,
team GOLDMINT

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September 19, 2017, 07:40:26 PM
 #1206

Found a really nice article about GOLDMINT in on a german crypto news page. Looks like an interesting project. Its there still a active signature campaign?

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WHITEPAPER
ANN Thread
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  ─────────────  Join
SMARC token ICO

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dcl595
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September 19, 2017, 07:43:39 PM
 #1207

How do i get the money loaned?
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September 19, 2017, 07:49:17 PM
 #1208

What is trust management?
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September 19, 2017, 07:55:19 PM
 #1209

How do they work?
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September 19, 2017, 07:58:11 PM
 #1210

_______________________________________________________________

This article tells you everything you need to know about our upcoming ICO.
Including details about our GOLD asset, MNTP & MNT tokens, the ICO bonus scale and more.
Now is your chance to invest in digital gold!

LINK


_______________________________________________________________




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September 19, 2017, 08:01:34 PM
 #1211

Don't forget to get listed on all exchanges
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September 19, 2017, 08:07:24 PM
 #1212

Greetings!


How do i get the money loaned?


GoldMint loan applicants transfer their GOLD as collateral to a certain GoldMint application. The rate of the loan is established at the time of giving and remains fixed through the loan period. Applicants needs to consent to GoldMint loan terms to receive the loan.Applicant is given various options for repaying loan amount and for mode of repayment. If the borrower defaults, his GOLD cryptoassets are transferred to GoldMint.


What is trust management?


Trust management occurs when investors send their GOLD to GoldMint and the company uses these assets for P2P loans or for buying physical gold (e.g., for goldfield development).


How do they work?


MNT is used as a stake within the PoS (Proof-of-Stake) consensus algorithm. Namely, the more MNT the miner holds, the more blocks he can validate and add to the chain.


With regards,
team GOLDMINT

nenelsparadise
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September 19, 2017, 08:11:51 PM
 #1213

Why can custody bot automate gold valuables assessment?
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September 19, 2017, 08:18:40 PM
 #1214

Will there be any auditing of goldmint assets?
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September 19, 2017, 08:25:45 PM
 #1215

What are the commissions for transactions in gold?
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September 19, 2017, 08:31:30 PM
 #1216

I like the project.,good luck team
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September 19, 2017, 08:37:25 PM
 #1217

Greetings!


Why can custody bot automate gold valuables assessment?


Custody Bot can replace pawnshops as it is more transparent and almost totally automated.


Will there be any auditing of goldmint assets?


After you’ve done the KYC process, you enter your gold commodities in the Custody Bot, which inspects the items and determines how much fiat or crypto currency you get. You can, also, receive a credit card through a partner bank. The limit of that card will correspond to the value of your stored gold.


What are the commissions for transactions in gold?


Most times, when a person buys GOLD for fiat, the price for GOLD will be LBMA + 5%. When they want to sell their GOLD, the price will be LBMA +3%. The commission for managing gold is 0.2-0.8% per annum, depending on gold volatility and investor traffic. After analyzing the correlation between the value of gold and the stock price of the three largest ETFs - the GLD (announced expense ratio 0.4% ), the IAU ( 0.25% ) and SGOL ( 0.39% ) - we estimate that the real backlog of ETF shares in physical gold is about 0.7% (prices are taken from COMEX on the LME ).


With regards,
team GOLDMINT

thisisnotmyltcusername
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September 19, 2017, 08:44:25 PM
 #1218

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, 08:45:27 PM
 #1219

Portuguese ANN thread updated with "GOLDMint ICO INstruction: Safe to invest"!
You can check thread on:
https://bitcointalk.org/index.php?topic=2164525.msg21678486#msg21678486

Thank you!

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September 19, 2017, 08:51:08 PM
 #1220

Looking good. Got my eye in this. What will happen to the classic chain.
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