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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 168999 times)
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September 25, 2017, 11:41:19 AM
 #1741


A GOLD token can be issued if only GOLDMINT has a troy ounce of physical gold or ETF available to back it. To back tokens with gold means to provide 100% guaranteed anytime GOLD tokens buyback by GOLDMINT their self. That will provide stable price for these tokens which is in lack on market today.

With regards,
team GOLDMINT


Does this mean that there are unlimited tokens in the system? Or rather, limited by your actual Gold holdings? If your gold is insured, what happens to tokens when the unthinkable happens? For example, if your gold is lost or stolen, insurance will cover it but only return fiat to you, not gold. If you wanted to buy back gold to replenish your losses, then you of course lose money. What's the plan for when/if there is no gold?

Also, do you burn tokens when they are redeemed?

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September 25, 2017, 11:42:21 AM
 #1742

I see MNTP and MNT tokens here. What's the difference?
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September 25, 2017, 11:47:13 AM
 #1743

What are the price expectations? After a month? After a year?
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September 25, 2017, 11:50:43 AM
 #1744

_______________________________________________________________

Our advisor Vladislav Martynov spoke today during the Blockchain Middle East forum in Dubai and presented our project!
_______________________________________________________________








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September 25, 2017, 11:53:02 AM
 #1745

Interesting, i will be watching this project
Best of luck
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September 25, 2017, 11:58:22 AM
 #1746

Is that your model have so-called dividends? Can I have passive income of holding? Explain
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September 25, 2017, 12:04:06 PM
 #1747

Greetings!

I see MNTP and MNT tokens here. What's the difference?

MNTP tokens can be found on the Ethereum blockchain. 
 ●   Initial emission of MNTP is conducted using the ERC20 interface. 
 ●   GoldMint’s blockchain, using the​ ​Graphene​ platform gor GOLD and MNT tokens will be launched after.

What are the price expectations? After a month? After a year?

MNT has a limited supply and they are used as stake in PoS (proof-of-stake) consensus algorithm. The more transactions there are within GoldMint blockchain the bigger rewards miners get and the more is demand for MNT.

Is that your model have so-called dividends? Can I have passive income of holding? Explain

The more MNT  a validator holds, the more blocks he  can validate and add to the chain.  As  a  result  miner  gets  75%  in  GOLD  equivalent  from  the  commissions  for  the transactions validated.                                                                                                     

In  case  at  the  moment  of  block  validation  the  miner  doesn’t  have  enough  computational  power  to  validate  the  block  or  in  case  he  cannot  do  this  for  some  other  reasons  he  can be deleted  from the White List  of reliable miners  and will  lose the right to  accomplish  a block. 

In  this  case  the  right  to  validate  blocks  goes  over  to  another  user  who has been  chosen by GoldMint algorythm. 

To  become  a  validator  all  you  need  is  to  download  GoldMint  Wallet  app  from the  official website and launch it using your GoldMint account. 

In case  a user who holds many MNT  doesn’t have  enough  computational power, he can rent computational power from other miners.

With regards,
team GOLDMINT



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September 25, 2017, 12:08:33 PM
 #1748

"Can MNT holders participate in GoldMint company management?
 Is GoldMint a DAO?"
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September 25, 2017, 12:14:49 PM
 #1749

I do not really know about this project please  describe in more detail.
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September 25, 2017, 12:20:30 PM
 #1750

Who is the seller of MNTP tokens?
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September 25, 2017, 12:26:10 PM
 #1751

Is MNTP a security token?
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September 25, 2017, 12:30:37 PM
 #1752

Greetings!

"Can MNT holders participate in GoldMint company management?
 Is GoldMint a DAO?"

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

MNT tokens holders recieve a right to vote on GoldMint platform proportionally to the number of tokens they hold.

This means that in case some changes are to take place within GoldMint platform, MNT tokens holder vote on whether to accept it or not.

Who is the seller of MNTP tokens?

GoldMint PTE LTD company registered in Singapore is the seller of MNT tokens.

Is MNTP a security token?

No, MNTP tokens are used for ICO only. As soon as GoldMint blockchain is launched, MNTP can be exchanged for MNT used as stake in our consensus algorithm. MNT holders do not receive any passive income. We have a report on MNT/MNTP status from an US lawyer company. This provides us with an opportunity to trade MNT/MNTP on the US market 12 months after ICO.

With regards,
team GOLDMINT

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September 25, 2017, 12:36:05 PM
 #1753

what are mntp tokens?
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September 25, 2017, 12:40:08 PM
 #1754

Gold bot utilizing block chain;looks interesting tho
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September 25, 2017, 12:42:55 PM
 #1755

what are mnt tokens?
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September 25, 2017, 12:48:22 PM
 #1756

how do they work?
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September 25, 2017, 12:59:06 PM
 #1757

2017 will be the year of Goldmint
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Alexander KOSTIN | GoldMint


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September 25, 2017, 01:05:14 PM
 #1758

Greetings!

what are mntp tokens?

MNTP tokens are launched on Ethereum blockchain and are offered for sale during ICO. Later they will migrate to MNT tokens (GoldMint blockchain) to verify GOLD transactions.

what are mnt tokens?

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

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

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September 25, 2017, 01:11:10 PM
 #1759

how can mnt tokens be purchased?
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September 25, 2017, 01:17:08 PM
 #1760

Very interesting project, could become one of the biggest ICOs of 2017 in my humble opinion. All the best, looking forward to participating in the crowdfunding
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