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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 94730 times)
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September 20, 2017, 05:17:26 AM
 #1241

Common Sense Ideas == Good Ideas; We will definitely get on the horn with them
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September 20, 2017, 05:23:28 AM
 #1242

Greetings!


Which other elements does the goldmint infrastructure include?


Graphene hosts the Graphene blockchain, API and a crypto exchange for GOLD trade.


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What happens when physical gold is withdrawn from custody bot?


When physical gold is withdrawn from Custody Bot, the corresponding number of GOLD assets are destroyed.


With regards,
team GOLDMINT

thisisnotmyltcusername
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September 20, 2017, 05:29:35 AM
 #1243

What is trust management?
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September 20, 2017, 05:35:59 AM
 #1244

Why is goldmint platform built on graphene?
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September 20, 2017, 05:42:24 AM
 #1245

I think i better get into this one also looks like majority here are in favour of this project.
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September 20, 2017, 05:51:08 AM
 #1246

What other projects run on graphene?
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September 20, 2017, 06:00:24 AM
 #1247

Greetings!


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).


Why is goldmint platform built on graphene?


The advantages of Graphene compared to Ethereum include the following. It is: Safer - GoldMint blockchain uses its own coins rather than turing-complete smart contracts. More productive - GoldMint is optimized for GOLD transactions. GoldMint is the only ICO that uses this platform, so its platform executes workloads The Graphene blockchain supports PoS.Cheaper - there is no charge for ether commissions.faster and more effectively.


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 20, 2017, 06:05:44 AM
 #1248

How Custody Bot will be linked to a blockchain?
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September 20, 2017, 06:08:24 AM
 #1249

What is the goldmint?
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September 20, 2017, 06:09:30 AM
 #1250

Why limit to Gold, and not include also Platinium or any other precious metal.
Personally I would love to Hedge my trade with Platinium rather than Gold.

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September 20, 2017, 06:10:31 AM
 #1251

Will this be ethereum based token or you guys will create a different wallet in order to store the GOLDMINT tokens?
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September 20, 2017, 06:11:10 AM
 #1252

I see goldmint going
 Over 1 billion
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September 20, 2017, 06:16:05 AM
 #1253

How Custody Bot analyse the value of gold?
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September 20, 2017, 06:21:22 AM
 #1254

what is custody bot?
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September 20, 2017, 06:27:18 AM
 #1255

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

How Custody Bot analyse the value of gold?

Gold inspection includes: 
     ●    Visual  identification  of the product by  an  operator –  coin,  ingot, jewelry, raw gold or gold granules 
     ●    Evaluation via spectrography using the spectrograph installed within the box   
     ●    Evaluation and weighing of gold via hydrostatic weighing   

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.

Spectral analysis: the process:
Custody  Bot  uses  fluorescence  spectroscopy,  a  type  of  electromagnetic  spectroscopy  that analyzes  fluorescence  from  a  sample.  This technique  involves using  a beam  of  light, usually ultraviolet light, that excites the electrons in molecules of certain compounds and causes them to  emit  light.  An  analyzer  crystal  disperses  radiation  onto  the  gold  via  a  detector.  A computer-controlled  precision   goniometer  moves  the  analyzer  crystal  and  detector  and controls the position, intensity and lengths of secondary radiation waves. Concentration of the analysis is calculated by comparison with known standard samples. 

Hydrostatic weighing: the process: 
Hydrostatic  weighing  determines  the  density  of  the  gold  and  is  done by weighting the  item first  in  air  then  liquid  and  calculating  the  combined  private  density  (ρ2). Estimation  of density is made by contrasting the density of gold to densities of other metals. 

The  initial weighting  lets  define the valuable’s weight (m1) and the second one lets detemine the volume: V=(m1-m2)/ρ2.

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 20, 2017, 06:33:07 AM
 #1256

how does custody bot evaluate the assets?
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September 20, 2017, 06:39:33 AM
 #1257

which assets can be deposited to the custody bot?
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September 20, 2017, 06:45:06 AM
 #1258

why can custody bot automate gold valuables assessment?
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September 20, 2017, 06:50:53 AM
 #1259

Russian?
Then good luck russsian team!
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September 20, 2017, 06:56:20 AM
 #1260

Greetings!

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.

which assets can be deposited to the custody bot?

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

why can custody bot automate gold valuables assessment?

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

With regards,
team GOLDMINT

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