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Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️ - page 209. (Read 169030 times)

sr. member
Activity: 405
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Don't forget to get listed on all exchanges
sr. member
Activity: 378
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What difference between Goldmint and other gold-based cryptocurrency?
sr. member
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How can it be both backed by real gold and run on blockchain?
sr. member
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Which is the maximum amount of Gold emitted?
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Alexander KOSTIN | GoldMint
Greetings!


What about GOLD exchange rate?


"Emission :1 GOLD = cost of 1 ounce of gold on stock exchanges + 5% commission for fiat-GOLD-fiat – no more than 4%
Buyback: 1 GOLD = cost of 1 ounce of gold on stock exchanges +  max. 5% commission for fiat-GOLD-fiat– no more than 4%"


What commission you hold?


"GOLD commission is Z% (no more than 0.3%), but no less than a fixed Y amount of GOLD
(i.e., more than 0,0025 GOLD depending on the current gold price)."


Describe PoS and why you chose it? Thank you


Proof-of-stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. Unlike proof-of-work (PoW) based cryptocurrencies (such as bitcoin), where the algorithm rewards participants who solve complicated cryptographical puzzles in order to validate transactions and create new blocks (i.e. mining), in PoS-based cryptocurrencies the creator of the next block is chosen in a deterministic (pseudo-random) way, and the chance that an account is chosen depends on its wealth (i.e. the stake). In PoS cryptocurrencies the blocks are usually said to be forged (in the blacksmith sense of this word), or minted, rather than mined. Also, usually all the coins are created in the beginning and the total number of coins never changes afterwards (although there are some other versions of PoS where new coins can be created). Therefore, in the basic version of PoS there are no block rewards (e.g. as in bitcoin); so, the forgers take only the transaction fees.



With regards,
team GOLDMINT

sr. member
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Describe PoS and why you chose it? Thank you
sr. member
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Russian?
Then good luck russsian team!
sr. member
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Greetings!


Where are your plans to have goldmint coin be listed after the ico?

If we talk about the exchanges the negotiations will start right after the ICO.
Our MNTP tokens can't be determined as securities due to the compliance review made by our Delloitte lawyers.
Thus we will not have any problems with listings.


With regards,
team GOLDMINT


so glad that someone raised the question about the exchanges. and you managed to answer the query..
 now i just cant wait for your ico to open. and to see how many people are interested to it.
sr. member
Activity: 336
Merit: 250
What commission you hold?
sr. member
Activity: 358
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What about GOLD exchange rate?
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!


I see MNTP and MNT tokens here. What's the difference?


"MNTP tokens can be found on the Ethereum blockchain. 
 ●   Initial emission of MNTP is conducted using the ERC20 interface. 
 ●   GoldMint’s blockchain, using the​ ​Graphene​ platform gor GOLD and MNT tokens will be launched after."


Can US/Singapore citizens participate in the ICO?


"Citizens,  residents  (tax  or  otherwise)  and  green  card holder  of the United  States  of America
or  Singapore,  or  other  U.S.  or  Singapore person  are  exempt  from buying MNT tokens.  The 
term  “U.S.  or   Singapore  Person”   refers  to  anyone  who  lives  in  the  United  States  or 
Singapore  or  to  any  entity  that  is  incorporated  under  United  States  or  Singapore  law. 
American   citizens   living   abroad   can   also  be  considered  “U.S.  Persons”  under  certain 
conditions. "


Clarify the roadmap for your investors


We plan to start our ICO on September 20th, 2017. After that we are going to develop our blockchain. Next spring we are going to put GOLD in rotation. Around next autumn Custody Bot will be released and we will get on american exchanges since our token is not a securities.


With regards,
team GOLDMINT
sr. member
Activity: 536
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Clarify the roadmap for your investors
sr. member
Activity: 378
Merit: 250
Can US/Singapore citizens participate in the ICO?
full member
Activity: 294
Merit: 100
I see MNTP and MNT tokens here. What's the difference?
full member
Activity: 294
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the step seem a little complexed//// but worth to get!
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!


Where can I find your advisors?


"Goldmint is fortunate to have experienced financial market experts. Without them, the realization of Goldmint would not have been possible.

GoldMint project is supported by:

Igor Ryabenkiy https://facebook.com/igor.ryabenkiy
Serge Umansky https://medium.com/@inchain/real-business-people-believe-in-blockchain-5cc5f50d213f
Oleg Seydak https://facebook.com/oseydak
Alex Butmanov https://facebook.com/profile.php?id=100012237450995
Eugeniy Ezhov https://facebook.com/Ezhov.home
Alexey Antonov https://facebook.com/auantonov
Alexey Chuykin https://facebook.com/alexey.chuykin
Kirill Zhukov https://facebook.com/kirill.zhukov.spb
Julian L. Zegelman https://facebook.com/jzegelman
Igor Lemh https://facebook.com/lemhk.igor
Alexey Lazutin https://facebook.com/alazutin
Andrey Zhyrnih https://facebook.com/andreyzhirnykh
Segle Lonshakov https://facebook.com/EnsRationis2020"


What is a key features of GOLD cryptoasset?


"The characteristics of the GOLD cryptoasset include the following:

        100% transparency  of  information  about  all  Gold  owned by GoldMint, disclosing the company’s  gold  reserves  and  its  ability  to  buy  back  GOLD  at  its  current  trading price. 
        GoldMint  uses the  decentralized blockchain  for  smart  contracts  and  for harboring  its  cryptoassets 
        GoldMint  uses  ETF  for  liquidity  and  elasticity.  ETF helps you trade  gold  far  faster than physical gold does
        A  secured  loan may  contain gold, like jewelry or coins. GoldMint helps you store this collateral in its unique Custody Bot.
        The ability to receive passive income as market price of GOLD rises. 
        Robotic storage unit Custody Bot                                                                                                                 
        Buyback of GOLD for fiat according to the current price of GOLD. 
        A fast user registration system and identification. "


What about GOLD/MNT mining?


"To start mining, you just  needs  to  download  a program  from the  GoldMint repository, launch it on your device, fine-tune it and start mining. 
Consensus algorithm :  We use PoS as our primary mining system. In  case  a user who holds many MNT  doesn’t have  enough  computational power, he can rent 
computational power from other miners.

Miner rotation 
The  amount  of  stakes  depends  on the  amount  of MNT  a miner holds.  So,  if  a miner owns 50% MNT, he will be chosen to process every second block. 

Miner rewards 
A miner receives  a  GOLD commission from each processed block. When the block is processed, no tokens are emitted. "


With regards,
team GOLDMINT
sr. member
Activity: 415
Merit: 250
What about GOLD/MNT mining?
newbie
Activity: 32
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So when you mint a block using your MNT, your reward is based on the total value (in GOLD) of all the transactions in the block?

EXAMPLE:

Let the commission be x = .02 (2%)
With a block with the following transactions

A sends B 2 GOLD
C sends D 5 GOLD
E sends F 8 GOLD


The total exchanged on the block is 15 GOLD.

Your reward is 15*x == 15*.02 == 0.3 GOLD

Is this how it works, if so what is x?  If not what have I misunderstood?
sr. member
Activity: 336
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What is a key features of GOLD cryptoasset?
sr. member
Activity: 308
Merit: 250
Where can I find your advisors?
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