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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 168999 times)
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Alexander KOSTIN | GoldMint


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September 27, 2017, 10:46:06 AM
 #2061

Greetings!

why does gold jewelry need extra examination from a specialist?

Manual inspection is needed each time gold jewelry undergoes inspection, as there is no common standard for this type of commodity.

which details of gold valuables examination are sent to the blockchain?

The details of both inspections - i.e., the data results of the spectral analysis and the hydrostatic weighing - are stored in GoldMint's blockchain. The timestamps on the valuable’s acceptance and withdrawal are also stored in blockchain. Custody Bot will be distributed in pawnshops and trade centres.

what happens when physical gold is withdrawn from custody bot?

When physical gold is withdrawn from Custody Bot, the corresponding number of GOLD assets are destroyed.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

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September 27, 2017, 10:52:04 AM
 #2062

what are the costs of custody bot development?
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September 27, 2017, 11:02:31 AM
 #2063

Can US/Singapore citizens participate in the ICO?
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September 27, 2017, 11:08:55 AM
 #2064

When was the pre-ICO? I haven't heard anything about it.
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September 27, 2017, 11:16:12 AM
 #2065

I support this project!
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Alexander KOSTIN | GoldMint


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September 27, 2017, 11:29:42 AM
 #2066

Greetings!

what are the costs of custody bot development?

Spectrometer = $5,000-6,000 Scales = $200-300 Internal manipulator = $2,000-5,000 Built-in PC, touch screen, keyboard = $1,000-1,500 Armored box = $2,000-7,000 Installation, adjustment and commissioning = $500-1,500 Total: $10,700 - 21,300

Can US/Singapore citizens participate in the ICO?

Citizens,  residents  (tax  or  otherwise)  and  green  card holder  of the United  States  of America
or  Singapore,  or  other  U.S.  or  Singapore person  are  exempt  from buying MNT tokens.  The 
term  “U.S.  or   Singapore  Person”   refers  to  anyone  who  lives  in  the  United  States  or 
Singapore  or  to  any  entity  that  is  incorporated  under  United  States  or  Singapore  law. 
American   citizens   living   abroad   can   also  be  considered  “U.S.  Persons”  under  certain 
conditions.

When was the pre-ICO? I haven't heard anything about it.

Our pre-ICO was private. We had only 300,000 tokens each presented to 27 person and 3 venture funds only.

You still can join our upcoming ICO.
You will be able to buy our tokens using your ETH or BTC.
Minimum investment can be 1 MNTP token and $7 equally.

We'll open a prior registration at goldmint.io in 2-3 days.
You'll be able to register and get access to addresses you'll use to send transfers.

With regards,
team GOLDMINT

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September 27, 2017, 11:35:08 AM
 #2067

How will be distributed tokens during ICO event?
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September 27, 2017, 11:41:04 AM
 #2068

Why don't you use ETH blockchain?
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September 27, 2017, 11:45:55 AM
 #2069

What about GOLD/MNT mining?
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September 27, 2017, 11:50:07 AM
 #2070

I like the project.,good luck team
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Alexander KOSTIN | GoldMint


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September 27, 2017, 11:58:52 AM
 #2071

Greetings!

How will be distributed tokens during ICO event?

Release  of  MNT  tokens  are  done  by  Ethereum-based  smart  contracts,  specially  used  for distribution of tokens.   
80% of 10 000 000 MNT are released during ICO launch. 
GoldMint  team  receives  two  million  MNT  tokens,  and  no  more  than  500  000  per  quarter distributed via a special wallet. 
Some consultants receive MNT tokens two months after ICO launch. 
Smart contracts can automatically trade ETH into MNT. 
The number  of tokens to be transmitted to a particular user depends on the sum at the time of its receipt by GoldMint.

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 about GOLD/MNT mining?

To start mining, you just  needs  to  download  a program  from the  GoldMint repository, launch it on your device, fine-tune it and start mining. 
Consensus algorithm :  We use PoS as our primary mining system. In  case  a user who holds many MNT  doesn’t have  enough  computational power, he can rent 
computational power from other miners.

Miner rotation 
The  amount  of  stakes  depends  on the  amount  of MNT  a miner holds.  So,  if  a miner owns 50% MNT, he will be chosen to process every second block. 

Miner rewards 
A miner receives  a  GOLD commission from each processed block. When the block is processed, no tokens are emitted.

With regards,
team GOLDMINT

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September 27, 2017, 01:00:12 PM
 #2072

What are MNTP tokens?
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September 27, 2017, 01:05:25 PM
 #2073

How is graphene different from standard ERC20? Benefits?

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September 27, 2017, 01:08:38 PM
 #2074

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 27, 2017, 01:10:48 PM
 #2075

Some people may wonder if they can exchange the gold token with the real gold bars. How are you going to explain this?
if they can exchange to gold bar i will buy 5btc . Grin

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September 27, 2017, 01:12:46 PM
 #2076

What happens if the miner doesn’t have enough computing power to verify a transaction?
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September 27, 2017, 01:17:50 PM
 #2077

Does mnt act like a goldmint share?
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Alexander KOSTIN | GoldMint


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September 27, 2017, 01:24:26 PM
 #2078

Greetings!


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%.


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.


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.


With regards,
team GOLDMINT

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September 27, 2017, 01:29:37 PM
 #2079

What is the limit of the loan?
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September 27, 2017, 01:34:26 PM
 #2080

What is custody bot?
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