Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️ - page 165. (Read 169030 times)
What are the price expectations? After a month? After a year?
I see MNTP and MNT tokens here. What's the difference?
A GOLD token can be issued if only GOLDMINT has a troy ounce of physical gold or ETF available to back it. To back tokens with gold means to provide 100% guaranteed anytime GOLD tokens buyback by GOLDMINT their self. That will provide stable price for these tokens which is in lack on market today.
With regards,
team GOLDMINT
Does this mean that there are unlimited tokens in the system? Or rather, limited by your actual Gold holdings? If your gold is insured, what happens to tokens when the unthinkable happens? For example, if your gold is lost or stolen, insurance will cover it but only return fiat to you, not gold. If you wanted to buy back gold to replenish your losses, then you of course lose money. What's the plan for when/if there is no gold?
Also, do you burn tokens when they are redeemed?
Greetings!
No. Rather, commissions and broker commissions are taken into account in calculating our commissions for GOLD.
The limit of the loan depends on the GOLD or the value of the gold that is used as a collateral.
The internal MNT token does not give rights to participate in company management of GoldMint and is not a share.
MNT tokens holders recieve a right to vote on GoldMint platform proportionally to the number of tokens they hold.
This means that in case some changes are to take place within GoldMint platform, MNT tokens holder vote on whether to accept it or not.
With regards,
team GOLDMINT
Do gold commissions depend on the country/citizenship?
No. Rather, commissions and broker commissions are taken into account in calculating our commissions for GOLD.
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.
Can MNT holders participate in GoldMint company management?
Is GoldMint a DAO?
Is GoldMint a DAO?
The internal MNT token does not give rights to participate in company management of GoldMint and is not a share.
MNT tokens holders recieve a right to vote on GoldMint platform proportionally to the number of tokens they hold.
This means that in case some changes are to take place within GoldMint platform, MNT tokens holder vote on whether to accept it or not.
With regards,
team GOLDMINT
Can MNT holders participate in GoldMint company management?
Is GoldMint a DAO?
Is GoldMint a DAO?
What is the limit of the loan?
Do gold commissions depend on the country/citizenship?
Is there a minimal amount that has to be invested?
very frustrating indeed , need this coin to be like jesus and rise from the dead
Greetings!
The advantages of Graphene compared to Ethereum include the following. It is: Safer - GoldMint blockchain uses its own coins rather than turing-complete smart contracts. More productive - GoldMint is optimized for GOLD transactions. GoldMint is the only ICO that uses this platform, so its platform executes workloads The Graphene blockchain supports PoS.Cheaper - there is no charge for ether commissions.faster and more effectively.
Graphene also allows its users other platforms that include:Openledger - exchange Rudex - exchange Satoshi.fund - fund Hubdsp - DSP platform Peerplays - betting platform Steemit / Golos.io - news platform
With regards,
team GOLDMINT
Why is goldmint platform built on graphene?
The advantages of Graphene compared to Ethereum include the following. It is: Safer - GoldMint blockchain uses its own coins rather than turing-complete smart contracts. More productive - GoldMint is optimized for GOLD transactions. GoldMint is the only ICO that uses this platform, so its platform executes workloads The Graphene blockchain supports PoS.Cheaper - there is no charge for ether commissions.faster and more effectively.
What other projects run on graphene?
Graphene also allows its users other platforms that include:Openledger - exchange Rudex - exchange Satoshi.fund - fund Hubdsp - DSP platform Peerplays - betting platform Steemit / Golos.io - news platform
With regards,
team GOLDMINT
What other projects run on graphene?
I think i better get into this one also looks like majority here are in favour of this project.
Why is goldmint platform built on graphene?
Greetings!
Custody Bot is GoldMint's unique device. It is programmed for temporary holding, inspection, long-term storing and conveying of gold jewelry, coins or gold.
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
What is custody bot?
Custody Bot is GoldMint's unique device. It is programmed for temporary holding, inspection, long-term storing and conveying of gold jewelry, coins or gold.
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
What is trust management?
I'm in. Good luck everyone.
What is custody bot?
Greetings!
Graphene hosts the Graphene blockchain, API and a crypto exchange for GOLD trade.
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%.
When physical gold is withdrawn from Custody Bot, the corresponding number of GOLD assets are destroyed.
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.
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 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
Common Sense Ideas == Good Ideas; We will definitely get on the horn with them
What happens when physical gold is withdrawn from custody bot?
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