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Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️ - page 177. (Read 169030 times)

sr. member
Activity: 302
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How does custody bot evaluate the assets?
sr. member
Activity: 415
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What do i need to get a loan?
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Activity: 324
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hero member
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If the project can replace real gold it will surely be sold very quickly in a very fast time and will make this altcoin go to the moon. I think GOLDMINT should update many news and update important events from the project.
Nope, Goldmint does not want to replace Real Gold, but it helps trade gold pair online easier than other markets now.
Bitcoin also a subjects usually use to compare to Gold about this problems, but I think have a token support all these case will better than Bitcoin.
sr. member
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What is the use of API implementation?
sr. member
Activity: 1232
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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

sr. member
Activity: 308
Merit: 250
im looking forward for the success of this project! Goodluck       
Good project. I will participate.
sr. member
Activity: 405
Merit: 250
How can I get a loan with a golden ring for example?
sr. member
Activity: 536
Merit: 251
sr. member
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sr. member
Activity: 336
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This looks very worth watching.
Seriously.
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: 415
Merit: 250
Who is the escrow of GoldMint wallets and who will check the expenditures of the funds raised during ICO?
sr. member
Activity: 336
Merit: 250
full member
Activity: 294
Merit: 100
this is better than only fools and horses,, hilarious!!!
hero member
Activity: 1274
Merit: 500
If the project can replace real gold it will surely be sold very quickly in a very fast time and will make this altcoin go to the moon. I think GOLDMINT should update many news and update important events from the project.
sr. member
Activity: 308
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
sr. member
Activity: 302
Merit: 250
Why does gold jewelry need extra examination from a specialist?
sr. member
Activity: 405
Merit: 250
very interested ,but want to know more details.
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