Author

Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️ - page 157. (Read 169030 times)

sr. member
Activity: 412
Merit: 250
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!


What is ETF?


ETF (Exchange Traded Funds) - An ETF, or exchange-traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, an ETF trades like a common stock on a stock exchange.

The three most popular ETFs are “Spiders” (ticker (NYSEARCA:SPY)), “Diamonds” (ticker (NYSEARCA:DIA)) and “Qs” or "Qubes" (ticker (NASDAQ:QQQ)).

Top ETFs for gold can be found on ETFDB . The commission for the management of a portfolio of gold is 0.2-0.8% per annum, depending on the volatility of gold and the inflow / outflow of investors. After analyzing the correlation between the value of gold and the stock price of the three largest ETFs - the GLD (announced expense ratio 0.4% ), the IAU ( 0.25% ) and SGOL ( 0.39% ) - we estimate that the real backlog of ETF shares in physical gold is about 0.7% (prices are taken from COMEX on the LME ). Commissions and broker commissions are taken into account in calculating our commissions for GOLD.



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.


How can I get a loan with a golden ring for example?


1. User  presses  the  Open  button.  The  tray  slides  out. The  user  places  a  product  in  it, which gets loaded into the box.                                                                                                                                       
2. The  product  put  into  the  Custody  Bot  machine  enters  the  spectral  analysis block. A  manipulator  forces the product onto scales where it is weighed  twice, once in air then  in liquid.   
3. Once  inspection  is  complete,  the  manipulator  returns  the  product  to  one  of  the compartments inside the Custody Bot. 
4. The  spectral  data  and  weighting  data  are  fed  into  a  computer  installed  inside  the  box. This measurement  data is encoded on the blockchain, made public to anyone who  wants to see the information.
5. You get a loan in GOLD currency.


With regards,
team GOLDMINT
full member
Activity: 308
Merit: 100
How can I get a loan with a golden ring for example?
sr. member
Activity: 332
Merit: 250
full member
Activity: 364
Merit: 100
full member
Activity: 378
Merit: 100
This looks very worth watching.
Seriously.
full member
Activity: 364
Merit: 100
Need more information please
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
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


What are MNT tokens?


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


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
Activity: 420
Merit: 250
Who is the escrow of GoldMint wallets and who will check the expenditures of the funds raised during ICO?
sr. member
Activity: 423
Merit: 250
sr. member
Activity: 412
Merit: 250
this is better than only fools and horses,, hilarious!!!
sr. member
Activity: 456
Merit: 250
What are the costs of custody bot development?
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!


What will happen if audit shows that GoldMint have less physical gold, than GOLD tokens emitted?


If  the  audit  results  show  that,  the  value  of physical gold  is  less than the number  of the GOLD tokens emitted, the  excess  amount  of  GOLD  will  be  written  off  automatically from  the  company  wallet via the  smart contract.


How can i buy gold?


People who want to trade GOLD for fiat or cryptocurrency need to undergo GoldMint's KYC procedure. You can also get GOLD when you transfer your physical gold to Custody Bot or to GoldMint’s partner banks.


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.


With regards,
team GOLDMINT
full member
Activity: 364
Merit: 100
Why does gold jewelry need extra examination from a specialist?
sr. member
Activity: 364
Merit: 250
very interested ,but want to know more details.
sr. member
Activity: 321
Merit: 250
sr. member
Activity: 386
Merit: 250
What will happen if audit shows that GoldMint have less physical gold, than GOLD tokens emitted?
newbie
Activity: 6
Merit: 0
How can mnt tokens be purchased?
MNTP can be bought in the ongoing ICO.
From FAQ:
During ICO investors purchase MNTP (MNT pre-launch) tokens which will later migrate from Ethereum to GoldMint custom blockchain and will be used to verify GOLD transactions.
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!


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.


What are graphene’s advantages compared to ethereum and other blockchains?


Graphene is cheaper, there is no charge for ether commissions. Graphene, too, is optimized for GOLD transactions therefore its executes its blocks faster and more effectively and it’s safer in that it uses its own coins rather than turing-complete smart contracts.


How can mnt tokens be purchased?


MNTP is initially released via ICO, after which MNTP tokens will migrate to the GoldMint blockchain, using a 1/1 fork. Then they will receive an MNT ticker.


With regards,
team GOLDMINT
full member
Activity: 364
Merit: 100
How can mnt tokens be purchased?
Jump to: