Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️ - page 110. (Read 169030 times)
What will happen if audit shows that GoldMint have less physical gold, than GOLD tokens emitted?
Why tokens are Gold-backed? Why not using any other precious metals or other asset?
Greetings!
Differences between Goldmint and other gold cryptocurrency blockchains include the following:
Goldmint uses its own blockchain and altcoin, called MNT, for GOLD transactions.
Goldmint uses Proof-of-Stake where miners are doled blocks/ transactions according to the amount of MNT they have. Proof of stake (PoS) is faster, simpler and cheaper than proof of work (PoW).
Physical gold and ETFs are stored in a programmed decentralized storage unit.
Custody Bot - Goldmint’s innovative storage unit is programmed to automatically identify and store gold jewelry, small ingots (up to 100 grams) and coins without human intervention.
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.
The characteristics of the GOLD cryptoasset include the following:
100% transparency of information about all Gold owned by GoldMint, disclosing the company’s gold reserves and its ability to buy back GOLD at its current trading price.
GoldMint uses the decentralized blockchain for smart contracts and for harboring its cryptoassets
GoldMint uses ETF for liquidity and elasticity. ETF helps you trade gold far faster than physical gold does
A secured loan may contain gold, like jewelry or coins. GoldMint helps you store this collateral in its unique Custody Bot.
The ability to receive passive income as market price of GOLD rises.
Robotic storage unit Custody Bot
Buyback of GOLD for fiat according to the current price of GOLD.
A fast user registration system and identification.
With regards,
team GOLDMINT
What difference between Goldmint and other gold-based cryptocurrency?
Differences between Goldmint and other gold cryptocurrency blockchains include the following:
Goldmint uses its own blockchain and altcoin, called MNT, for GOLD transactions.
Goldmint uses Proof-of-Stake where miners are doled blocks/ transactions according to the amount of MNT they have. Proof of stake (PoS) is faster, simpler and cheaper than proof of work (PoW).
Physical gold and ETFs are stored in a programmed decentralized storage unit.
Custody Bot - Goldmint’s innovative storage unit is programmed to automatically identify and store gold jewelry, small ingots (up to 100 grams) and coins without human intervention.
There was something written about API? What is about?
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.
What is a key features of GOLD cryptoasset?
The characteristics of the GOLD cryptoasset include the following:
100% transparency of information about all Gold owned by GoldMint, disclosing the company’s gold reserves and its ability to buy back GOLD at its current trading price.
GoldMint uses the decentralized blockchain for smart contracts and for harboring its cryptoassets
GoldMint uses ETF for liquidity and elasticity. ETF helps you trade gold far faster than physical gold does
A secured loan may contain gold, like jewelry or coins. GoldMint helps you store this collateral in its unique Custody Bot.
The ability to receive passive income as market price of GOLD rises.
Robotic storage unit Custody Bot
Buyback of GOLD for fiat according to the current price of GOLD.
A fast user registration system and identification.
With regards,
team GOLDMINT
Don't forget to get listed on all exchanges
What is a key features of GOLD cryptoasset?
There was something written about API? What is about?
What difference between Goldmint and other gold-based cryptocurrency?
Greetings!
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.
Here you can find all details about our BTT campaign: https://bitcointalksearch.org/topic/icobounty-official-goldmint-bounty-campaign-thread-2091804
GOLD commission is Z% (no more than 0.3%), but no less than a fixed Y amount of GOLD
(i.e., more than 0,0025 GOLD depending on the current gold price).
With regards,
team GOLDMINT
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.
Where is your bounty?
Here you can find all details about our BTT campaign: https://bitcointalksearch.org/topic/icobounty-official-goldmint-bounty-campaign-thread-2091804
What commission you hold?
GOLD commission is Z% (no more than 0.3%), but no less than a fixed Y amount of GOLD
(i.e., more than 0,0025 GOLD depending on the current gold price).
With regards,
team GOLDMINT
Russian?
Then good luck russsian team!
Then good luck russsian team!
What commission you hold?
Where is your bounty?
what is the use of api implementation?
Greetings!
The amount payable to the investor is the following: SUM = (1 + (X / 12) * T) * Q where the number X (i.e., x%) is set by GoldMint based on market conditions. T= the amount of months the gold was loaned. Q= the interest tagged to the loan. Example: As of August 2017, the parameters would be X = 10%, Y = 28% per annum, and T = 1 year. This means that GoldMint receives 28% per year, an annual 10% of which goes to the investor.
Custody Bot stores the user’s GOLD and/ or gold jewellery, coins and other other gold items as collateral and simply to protect them. It also serves as the conduit for inspecting the gold, therefore determining how much GOLD the user receives.
Graphene hosts the Graphene blockchain, API and a crypto exchange for GOLD trade.
With regards,
team GOLDMINT
how is my income calculated? (provide an example here as well)
The amount payable to the investor is the following: SUM = (1 + (X / 12) * T) * Q where the number X (i.e., x%) is set by GoldMint based on market conditions. T= the amount of months the gold was loaned. Q= the interest tagged to the loan. Example: As of August 2017, the parameters would be X = 10%, Y = 28% per annum, and T = 1 year. This means that GoldMint receives 28% per year, an annual 10% of which goes to the investor.
what are some of the gold applications?
Custody Bot stores the user’s GOLD and/ or gold jewellery, coins and other other gold items as collateral and simply to protect them. It also serves as the conduit for inspecting the gold, therefore determining how much GOLD the user receives.
which other elements does the goldmint infrastructure include?
Graphene hosts the Graphene blockchain, API and a crypto exchange for GOLD trade.
With regards,
team GOLDMINT
I see goldmint going
Over 1 billion
Over 1 billion
which other elements does the goldmint infrastructure include?
what are some of the gold applications?
how is my income calculated? (provide an example here as well)
Hello .. Please tell me if the company's bounty has already ended?
Greetings!
75% of GOLD commissions are sent to miners/ MNT holders as rewards for verifying blocks. The other 25% are directed to charity and platform development.
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).
GoldMint provides investors with the following opportunities: 1. P2P lending - GoldMint gives investors significant interest when they lend GoldMint their gold (in the form of GOLD). 2. Opportunities related to physical gold - GoldMInt helps gold investors invest in goldfield development and in trading gold metals.
With regards,
team GOLDMINT
how are the commissions distributed?
75% of GOLD commissions are sent to miners/ MNT holders as rewards for verifying blocks. The other 25% are directed to charity and platform development.
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).
which operations does goldmint run with gold which ensure the investor with some income?
GoldMint provides investors with the following opportunities: 1. P2P lending - GoldMint gives investors significant interest when they lend GoldMint their gold (in the form of GOLD). 2. Opportunities related to physical gold - GoldMInt helps gold investors invest in goldfield development and in trading gold metals.
With regards,
team GOLDMINT
I want to see the future of Goldmint
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