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Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️ - page 182. (Read 169030 times)

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Activity: 1232
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Alexander KOSTIN | GoldMint
Greetings!


It sound quite interesting. I have heared Goldmint on ICObench, it has a high score and is one of top projects on this website reviews ICOs. But I think the target value of Goldmint quite vague, because 1 GOLDMINT = 1 oz of Gold is very high price while total supply tokens of this project also quite big.

Goldmint will issue 2 kinds of tokens: GOLD and MNT(MNTP). On crowdsale there is MNTP tokens offered which are not gold backed. GOLD tokens to be issued in 2018 after the launch of our own Graphene based blockchain. Each GOLD token will get backing of a gold troy ounce.

Can US/Singapore citizens participate in the ICO?

I think not, because if I could participate it would be described at the beginning of ANN. Let's wait for someone responsible to answer, because I also have this doubt

US and Singapore residents are not officially allowed to participate in the crowdsale. Those who are still in search can check for secure VPN on internet.

destruct,

Is it going to be Proof-of-stake or Delegated-proof-of-stake?

It will be Delegated PoS.

With regards,
team GOLDMINT
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!

if I invest 1 ETH, the only benefit I get is a 20% discount, if you manage to intrude GMT in some big exchange house? or do I have any more speculative benefits?
already contacted some big poloniex exchange, bittrex, in case investors need liquids and be able to sell their currency?

Our MNTP tokens can't be determined as securities as meet all the requirements of SEC regulations.

How do I receive the MNTP I bought? If I got it right, you're going to develop a Goldmint wallet application. So the only thing I need then is to download it from your Website and sync it with my ETH-address?

Goldmint wallet will be implemented after the launch of our Graphene based blockchain in 2nd quarter of 2018. You should have been received them on you ERC20 kind wallet. MEW for example.

is the real price of one MNT is 7$? since your ico went live, how much you are considering as your soft cap?

Our Soft cap is $1M.

With regards,
team GOLDMINT
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!

Hey destruct,

You said it is going to be Graphene-based (just like BitShares and Steem are). Is it going to be Delegated Proof-of-Stake just like those other Graphene-based blockchains? Delegated means it is voting-based, which means our stake means we can vote for the witnesses / block producers / miners (whatever people like to call them).

I don't know any Graphene based blockchain that is purely Proof of Stake as you said. All of them are voting-based (DPoS). Please clarify that for us!

By the way, Graphene is awesome.

Thanks for your attention!

It is going to be DPoS consensus algorithm.

Hey what was the price and bonus in earlies hours?

I received 49,02 MNTP for 1 ETH on morning today, but now offer is 49,89 MNTP for 1 ETH... Is it because of ETH rate rised?

Price on a website given is including bonus already. Price could change regarding ETH course fluctuations only.

I'll be looking at this project later! Is the bounty campaign still going on?

Our bounty campaign can be found here - https://bitcointalksearch.org/topic/icobounty-official-goldmint-bounty-campaign-thread-2091804

With regards,
team GOLDMINT
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!


What happens if the miner doesn’t have enough computing power to verify a transaction?


The miner can buy more from from other miners on the network.


Does mnt act like a goldmint share?


MNT token does not imply rights to participate in company management of GoldMint and is not a share.


Which data will be stored on graphene blockchain?


Details of the miner rotation, miners’ rewards and incentives as well as details related to Custody Bot operations (e.g., assessment, weight, when allocated and withdrawn). Also stored on Graphene are all details related to GoldMInt’s GOLD transactions.


With regards,
team GOLDMINT
sr. member
Activity: 336
Merit: 250
Which data will be stored on graphene blockchain?
full member
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Interesting... Watching!
sr. member
Activity: 308
Merit: 250
Does mnt act like a goldmint share?
sr. member
Activity: 302
Merit: 250
What happens if the miner doesn’t have enough computing power to verify a transaction?
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!


What do you want to gain with your project?


Today there are more than 60,000 tonnes of gold from the earth extracted, half of which finds its way into the pockets and accounts of “ordinary” people. Our idea is no short of revolutionary: we plan to convert this gold into blockchain-encrypted tokens to help owners protect their valuables, to help investors move their gold can more rapidly and easily from one part of the world to another, and to help companies and individuals hedge their gold against market volatility.

We plan to move in three stages:

To gain access to 1% of global gold circulation (over 300 tonnes) by launching Custody Bot automated storage facilities in pawnshops around the world.
To gain access to another 5% of gold circulation by introducing Custody Bot to shopping centers.
To gradually gain access to a final 10% of gold reserves, worth more than $100 billion, and to develop a special version of Custody Bot for popular installation.


How will be distributed tokens during ICO event?


Release  of  MNT  tokens  are  done  by  Ethereum-based  smart  contracts,  specially  used  for distribution of tokens.   
80% of 10 000 000 MNT are released during ICO launch. 
GoldMint  team  receives  two  million  MNT  tokens,  and  no  more  than  500  000  per  quarter distributed via a special wallet. 
Some consultants receive MNT tokens two months after ICO launch. 
Smart contracts can automatically trade ETH into MNT. 
The number  of tokens to be transmitted to a particular user depends on the sum at the time of its receipt by GoldMint. 


What happens in case the loan is not repaid?


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


With regards,
team GOLDMINT
sr. member
Activity: 332
Merit: 250
What happens in case the loan is not repaid?
sr. member
Activity: 405
Merit: 250
How will be distributed tokens during ICO event?
full member
Activity: 294
Merit: 100
full member
Activity: 294
Merit: 100
What do you want to gain with your project?
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!


How will be distributed tokens during ICO event?


Release  of  MNT  tokens  are  done  by  Ethereum-based  smart  contracts,  specially  used  for distribution of tokens.   
80% of 10 000 000 MNT are released during ICO launch. 
GoldMint  team  receives  two  million  MNT  tokens,  and  no  more  than  500  000  per  quarter distributed via a special wallet. 
Some consultants receive MNT tokens two months after ICO launch. 
Smart contracts can automatically trade ETH into MNT. 
The number  of tokens to be transmitted to a particular user depends on the sum at the time of its receipt by GoldMint. 


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.


Any gauranteed coin won't be dumped when it reaches exchanges?


We can't guarantee a fast profit to our investors right after our first appearance on exchanges. We guarantee their profit after the development of the product.


With regards,
team GOLDMINT
sr. member
Activity: 381
Merit: 250
Any gauranteed coin won't be dumped when it reaches exchanges?
sr. member
Activity: 358
Merit: 250
How was the idea of GoldMint conceived?
sr. member
Activity: 332
Merit: 250
How will be distributed tokens during ICO event?
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Activity: 324
Merit: 250
I want to see the future of Goldmint
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!


Which rights does mnt provide its holders with?


MNT tokens holders are allowed to vote on GoldMint’s platform in proportion to their number of tokens. This means that when changes are made to GoldMint’s platform, MNT token-holders vote on whether or not to accept these changes. They also have a right to validate blocks and get rewards in GOLD.


There was something written about API? What is about?


GoldMint  plans  to  develop  an Application Programming  Interface  (API) to regulate  GOLD. 

This will achieve the following: 

     ●   E-commerce can use GOLD for transactions. 

     ●   Local banks and Monetary Financial Institutions (MFIs) can use GOLD as collateral. 

     ●    GOLD can be used escrow for bank accounts and as financial guarantees.


How is it burned?


GOLD assets are burned, or destroyed, when physical GOLD is withdrawn from the Custody Bot.


With regards,
team GOLDMINT
sr. member
Activity: 415
Merit: 250
very interested ,but want to know more details.
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