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Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️ - page 143. (Read 169030 times)

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what is the key idea of the project?
full member
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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.
hero member
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Avatars are overrated.
what is goldmint?
Like this dumbshit of a question for instance.
sr. member
Activity: 423
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hero member
Activity: 896
Merit: 1000
Avatars are overrated.
It's like their endgame product is a redbox filled with gold. So many custody bots are going to get stolen lol. That is what you get for crypto blasphemy. Also I have to say, the amount of bullcrap questions and shills in this thread is just... impressive. Dunno if it will translate into a successful ico though since the idea is fundamentally idiotic.
full member
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What difference between MNT and GOLD?
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Alexander KOSTIN | GoldMint
Greetings!

Clarify the roadmap for your investors

We plan to start our ICO on September 20th, 2017. After that we are going to develop our blockchain. Next spring we are going to put GOLD in rotation. Around next autumn Custody Bot will be released and we will get on american exchanges since our token is not a securities.

How was the idea of GoldMint conceived?

The idea of ​​GoldMint reached Dmitry Pluschevsky's mind when he worked as a director of a venture fund in Russia and was looking for niches for a new business.

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.

With regards,
team GOLDMINT
sr. member
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The Fourth Generation of Blockchain in DeFi
What is going to happen to the tokens that will remain unsold during the ICO? Maximum supply for the goldmint is 42M right?
full member
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Finally, thank you. Now I'll check announcement threads more.
full member
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Who is the escrow of GoldMint wallets and who will check the expenditures of the funds raised during ICO?
sr. member
Activity: 578
Merit: 250
How was the idea of GoldMint conceived?
full member
Activity: 364
Merit: 100
Clarify the roadmap for your investors
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!

what happens in case the loan is not repaid?

If the borrower defaults, his GOLD cryptoassets are transferred to GoldMint.

Who is your target audience?

Crypto traders – These participants can use GOLD for hedging cryptocurrency volatility, as described in the white paper. GOLD can also be used to convert cryptocurrency into fiat.
Standard investors – These investors may want to buy GOLD as cryptocurrency or as a type of security.
E-commerce and self-employed individuals – GOLD can be used to pay for goods and services. Its low volatility asset and predictability make it an invaluable form of currency.
Banks – GOLD cryptoassets gives banks new opportunities. There’s free liquidity and extra earning potential from trading gold into fiat and the reverse. Cryptocurrency has become a massive industry. Banks can profit from earning standard commissions, commissions on gold storage, and from using the GoldMint cash management system. At the same time, banks that invest in GOLD reinforce GOLD’s reputation, which increases their profit. Banks also earn commission from participating in the GoldMint partner program.
Today the cryptocurrency overall circulation has achieved more than $700 billion a year and the commissions for deposit and withdrawal are more than 5%.
In case the bank sets lower commissions for GOLD buy/sell for a client, most transactions (cryprocurrency deposit and withdrawal) will switch from underground exchanges to the banks. At the same time the integration with GOLD only is necessary, while all the other cryptocurrencies can be purchased on a cryptoexchange directly. Banks also have revenues from cash management and commission charging for gold storing owned by GoldMint company. Still one more source of income for banks is the revenue from the partner program which includes adding GOLD digital asset to the product line of the bank’s department of Wealth Management.

Where can I find your advisors?

Goldmint is fortunate to have experienced financial market experts. Without them, the realization of Goldmint would not have been possible.
GoldMint project is supported by:
Igor Ryabenkiy https://facebook.com/igor.ryabenkiy
Serge Umansky https://medium.com/@inchain/real-business-people-believe-in-blockchain-5cc5f50d213f
Oleg Seydak https://facebook.com/oseydak
Alex Butmanov https://facebook.com/profile.php?id=100012237450995
Eugeniy Ezhov https://facebook.com/Ezhov.home
Alexey Antonov https://facebook.com/auantonov
Alexey Chuykin https://facebook.com/alexey.chuykin
Kirill Zhukov https://facebook.com/kirill.zhukov.spb
Julian L. Zegelman https://facebook.com/jzegelman
Igor Lemh https://facebook.com/lemhk.igor
Alexey Lazutin https://facebook.com/alazutin
Andrey Zhyrnih https://facebook.com/andreyzhirnykh
Segle Lonshakov https://facebook.com/EnsRationis2020

With regards,
team GOLDMINT
sr. member
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Where can I find your advisors?
sr. member
Activity: 364
Merit: 250
Who is your target audience?
sr. member
Activity: 386
Merit: 250
what happens in case the loan is not repaid?
full member
Activity: 308
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You gotta be kidding, right? What's next?
sr. member
Activity: 1232
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Alexander KOSTIN | GoldMint
Greetings!

what is the limit of the loan?

The limit of the loan depends on the GOLD or the value of the gold that is used as a collateral.

how do i get the money loaned?

GoldMint loan applicants transfer their GOLD as collateral to a certain GoldMint application. The rate of the loan is established at the time of giving and remains fixed through the loan period. Applicants needs to consent to GoldMint loan terms to receive the loan.Applicant is given various options for repaying loan amount and for mode of repayment. If the borrower defaults, his GOLD cryptoassets are transferred to GoldMint.

which credit cards are emitted?

All members who have GOLD receive GoldMint Partner banks credit cards that are aligned with VISA and MasterCard systems. GoldMint plans to create a special bank card called Bogatstvo for prominent pawnshops like Blago and Fianit.

With regards,
team GOLDMINT
full member
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I will be following the project.
sr. member
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which credit cards are emitted?
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