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Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️ - page 196. (Read 169030 times)

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Alexander KOSTIN | GoldMint
Greetings!

how can gold help me hedging risks on the cryptocurrency market?

The price of GOLD is set according to the price of gold at LBMA market. GOLD has gentler volatility than cryptocurrency, so the risks of receiving less for buyback are less than had you used, say, bitcoin to make your transaction.

how can icos find gold profitable?

For the same reason as above. Generally, ICOs receive their funding in cryptocurrency which has unpredictable and dramatic volatility. GOLD, which aligns itself to LBMA, can hedge unpredictable money losses after the ICO has launched.

if the gold is damaged or stolen, who will take responsibility for?

The gold we use to back GOLD digital assets is all insured.

With regards,
team GOLDMINT
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if the gold is damaged or stolen, who will take responsibility for?
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 People who want to invest in cryptocurrencies Goldmint is a good opportunity backed by real asset.
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Yes, this is a good idea
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how can icos find gold profitable?
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how can gold help me hedging risks on the cryptocurrency market?
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Alexander KOSTIN | GoldMint
Greetings!


Gold token won’t be listed on any exchange, correct? And let’s say if i want to buy it, given that it requires the ‘kyc’, how and where will you sell your token?


Initially, GOLD tokens will be traded at GoldMint website, the traders will need to pass the KYC procedure which will not take more than 30 minutes. Later on they can be traded wherever according to the terms and conditions of a particular exchange.


What are MNTP tokens?


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


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%.


With regards,
team GOLDMINT

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Some people may wonder if they can exchange the gold token with the real gold bars. How are you going to explain this?
sr. member
Activity: 336
Merit: 250
sr. member
Activity: 336
Merit: 250
Gold token won’t be listed on any exchange, correct? And let’s say if i want to buy it, given that it requires the ‘kyc’, how and where will you sell your token?
full member
Activity: 294
Merit: 100
Interesting, i will be watching this project
Best of luck
sr. member
Activity: 1232
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Alexander KOSTIN | GoldMint
_______________________________________________________________

The ICO event Moscow conference is happening tomorrow, an event for everyone who's planning to launch their own ICO projects or who'd like to invest into cryptocurrency tokens. GoldMint will be presented at the A6 stand, come by and feel free to ask us anything!

https://icoevent.ru/en

_______________________________________________________________




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.


Which data will be stored on grapheme 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.


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.


With regards,
team GOLDMINT
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What happens if the miner doesn’t have enough computing power to verify a transaction?
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You gotta be kidding, right? What's next?
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Which data will be stored on grapheme blockchain ?
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Which rights does MNT provide its holders with?
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sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!


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 is the key idea of the project?


GoldMint buys, sells and repurchases GOLD at the current market price for physical gold. The company uses exchange-traded funds (ETF) or physical gold (of 999 quality) as its security. GoldMint's gold reserves equal or exceed its mined amounts of GOLD.


How does custody bot evaluate the assets?


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.


With regards,
team GOLDMINT
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