Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️ - page 131. (Read 169030 times)
What difference between Goldmint and other gold-based cryptocurrency?
What commission you hold?
Greetings!
Graphene hosts the Graphene blockchain, API and a crypto exchange for GOLD trade.
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
With regards,
team GOLDMINT
which other elements does the goldmint infrastructure include?
Graphene hosts the Graphene blockchain, API and a crypto exchange for GOLD trade.
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
With regards,
team GOLDMINT
I do not really know about this project please d describe in more detail
Where is your bounty?
what is the use of api implementation?
which other elements does the goldmint infrastructure include?
Greetings!
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.
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.
With regards,
team GOLDMINT
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.
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.
With regards,
team GOLDMINT
Interesting, i will be watching this project. Best of luck.
what are some of the gold applications?
how is my income calculated? (provide an example here as well)
which operations does goldmint run with gold which ensure the investor with some income?
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).
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).
With regards,
team GOLDMINT
I like the project.,good luck team
what is trust management?
how are the commissions distributed?
Who is the escrow of GoldMint wallets and who will check the expenditures of the funds raised during ICO?
Greetings!
The board of directors of GoldMint company - Dmitry Pluschevsky, Konstantin Romanov, Igor Ryabenky (Altair Capital) and two independent directors will check the expenditures. They approve the company’s budget for the development.
GOLD
Cryptoasset. Cost and buyback are 100% based on LBMA It's application depends on the agreement described by GoldMint company. It's value depends on amount of gold in reserves/ circulation
MNT
GoldMint’s cryptocurrency is used to confirm GOLD cryptoasset transactions. Amount of MNT determines amount of GOLD transactions. Growth of MNT depends on turnover of GOLD.
GoldMint is a blockchain-based company that helps gold owners trade, loan, invest in and use their GOLD assets, that are 100% backed by physical gold, for profit.
With regards,
team GOLDMINT
Who is the escrow of GoldMint wallets and who will check the expenditures of the funds raised during ICO?
The board of directors of GoldMint company - Dmitry Pluschevsky, Konstantin Romanov, Igor Ryabenky (Altair Capital) and two independent directors will check the expenditures. They approve the company’s budget for the development.
What difference between MNT and GOLD?
GOLD
Cryptoasset. Cost and buyback are 100% based on LBMA It's application depends on the agreement described by GoldMint company. It's value depends on amount of gold in reserves/ circulation
MNT
GoldMint’s cryptocurrency is used to confirm GOLD cryptoasset transactions. Amount of MNT determines amount of GOLD transactions. Growth of MNT depends on turnover of GOLD.
what is goldmint?
GoldMint is a blockchain-based company that helps gold owners trade, loan, invest in and use their GOLD assets, that are 100% backed by physical gold, for profit.
With regards,
team GOLDMINT
I support this project!
what happens if the miner doesn’t have enough computing power to verify a transaction?
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