Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️ - page 204. (Read 169030 times)
What difference between Goldmint and other gold-based cryptocurrency?
What commission you hold?
as a trader only i dont give a shit.
Where is your bounty?
Greetings!
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.
Graphene hosts the Graphene blockchain, API and a crypto exchange for GOLD trade.
The Application Programming Interface (API) regulates the GOLD, distributing these tokens to the following entities: E-commerce that can use GOLD for transactions. Local banks and Monetary Financial Institutions (MFIs) that can use GOLD as collateral. The API also regulates the GOLD that is used as escrow for bank accounts and as financial guarantees.
With regards,
team GOLDMINT
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.
which other elements does the goldmint infrastructure include?
Graphene hosts the Graphene blockchain, API and a crypto exchange for GOLD trade.
what is the use of api implementation?
The Application Programming Interface (API) regulates the GOLD, distributing these tokens to the following entities: E-commerce that can use GOLD for transactions. Local banks and Monetary Financial Institutions (MFIs) that can use GOLD as collateral. The API also regulates the GOLD that is used as escrow for bank accounts and as financial guarantees.
With regards,
team GOLDMINT
what is the use of api implementation?
which other elements does the goldmint infrastructure include?
what are some of the gold applications?
Finally, thank you. Now I'll check announcement threads more
What makes goldmint different from projects like Brickblock and Minobia?
Greetings!
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).
GoldMint provides investors with the following opportunities: 1. P2P lending - GoldMint gives investors significant interest when they lend GoldMint their gold (in the form of GOLD). 2. Opportunities related to physical gold - GoldMInt helps gold investors invest in goldfield development and in trading gold metals.
The amount payable to the investor is the following: SUM = (1 + (X / 12) * T) * Q where the number X (i.e., x%) is set by GoldMint based on market conditions. T= the amount of months the gold was loaned. Q= the interest tagged to the loan. Example: As of August 2017, the parameters would be X = 10%, Y = 28% per annum, and T = 1 year. This means that GoldMint receives 28% per year, an annual 10% of which goes to the investor.
With regards,
team GOLDMINT
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).
which operations does goldmint run with gold which ensure the investor with some income?
GoldMint provides investors with the following opportunities: 1. P2P lending - GoldMint gives investors significant interest when they lend GoldMint their gold (in the form of GOLD). 2. Opportunities related to physical gold - GoldMInt helps gold investors invest in goldfield development and in trading gold metals.
how is my income calculated? (provide an example here as well)
The amount payable to the investor is the following: SUM = (1 + (X / 12) * T) * Q where the number X (i.e., x%) is set by GoldMint based on market conditions. T= the amount of months the gold was loaned. Q= the interest tagged to the loan. Example: As of August 2017, the parameters would be X = 10%, Y = 28% per annum, and T = 1 year. This means that GoldMint receives 28% per year, an annual 10% of which goes to the investor.
With regards,
team GOLDMINT
how is my income calculated? (provide an example here as well)
which operations does goldmint run with gold which ensure the investor with some income?
You gotta be kidding, right? What's next?
what is trust management?
Greetings!
The Airalab Core platform links Custody Bot to the blockchain.
We are consulting with them because they have a huge expirience about connecting various bots to blockchain
GoldMint’s blockchain, using the Graphene platform will be launched.
Advantages of such a choice compared to using an Ethereum private fork are as follows:
1. Safer - GoldMint blockchain uses its own coins rather than turing-complete smart contracts.
2. More productive - GoldMint uses PoS, is optimized for GOLD transactions as there are no other ICOs on the same platform.
3. Cheaper - no charge for ether commissions.
4. The Graphene blockchain supports PoS.
The Application Programming Interface (API) regulates the GOLD, distributing these tokens to the following entities: E-commerce that can use GOLD for transactions. Local banks and Monetary Financial Institutions (MFIs) that can use GOLD as collateral. The API also regulates the GOLD that is used as escrow for bank accounts and as financial guarantees.
With regards,
team GOLDMINT
How Custody Bot will be linked to a blockchain?
The Airalab Core platform links Custody Bot to the blockchain.
We are consulting with them because they have a huge expirience about connecting various bots to blockchain
Why don't you use ETH blockchain?
GoldMint’s blockchain, using the Graphene platform will be launched.
Advantages of such a choice compared to using an Ethereum private fork are as follows:
1. Safer - GoldMint blockchain uses its own coins rather than turing-complete smart contracts.
2. More productive - GoldMint uses PoS, is optimized for GOLD transactions as there are no other ICOs on the same platform.
3. Cheaper - no charge for ether commissions.
4. The Graphene blockchain supports PoS.
What is the use of API implementation?
The Application Programming Interface (API) regulates the GOLD, distributing these tokens to the following entities: E-commerce that can use GOLD for transactions. Local banks and Monetary Financial Institutions (MFIs) that can use GOLD as collateral. The API also regulates the GOLD that is used as escrow for bank accounts and as financial guarantees.
With regards,
team GOLDMINT
What is the use of API implementation?
Why don't you use ETH blockchain?
How Custody Bot will be linked to a blockchain?
okay not too bad to look at the project on this thread of course in this case I still need to see more about goldmint how it would be great in the future
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