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Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️ - page 212. (Read 169030 times)

full member
Activity: 364
Merit: 100
this is better than only fools and horses,, hilarious!!!
sr. member
Activity: 386
Merit: 250
When was the pre-ICO? I haven't heard anything about it.
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!

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
sr. member
Activity: 321
Merit: 250
what is the use of api implementation?
full member
Activity: 364
Merit: 100
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
sr. member
Activity: 364
Merit: 250
which other elements does the goldmint infrastructure include?
sr. member
Activity: 412
Merit: 250
what are some of the gold applications?
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!

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
sr. member
Activity: 386
Merit: 250
how is my income calculated? (provide an example here as well)
sr. member
Activity: 578
Merit: 250
which operations does goldmint run with gold which ensure the investor with some income?
full member
Activity: 378
Merit: 100
Looking good. Got my eye in this. What will happen to the classic chain.
member
Activity: 115
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Where are your plans to have goldmint coin be listed after the ico?
full member
Activity: 308
Merit: 100
what is trust management?
sr. member
Activity: 630
Merit: 253
Are the Pre-ICO and upcoming normal ICO prices different?

Can you elaborate on the expected exchange rate of the MNTP token with the final MNT token?

Is there a date where MNTP tokens will become in-exchangeable?


Kind of Salty I'm not being answered, these questions seem to hit at the heart of the profitability and trustworthiness of this project.

Greetings!

Sorry for my late reply!

Exchange rate of MNTP to MNT is 1:1. Tokens will be excangeable all the time as we understand the amount of our investors and the infinite amount of reasons they couldn't exchange them on time.

With regards,
team GOLDMINT
it looks like you are very busy sir, but we can understand that..
you keep reply every question here, that's the most important thing in this forum

3 Days to token crowdsale ON SEPTEMBER 20 AT 9:00 UTC
this is information from website https://goldmint.io/ico
Quote
CURRENT RATE
1 ETH = 42.86 MNTP
1 BTC = 639.93 MNTP
1 MNTP = $7.00

Target in crowdsale: $40 million with Total token supply: 7 000 000 MNTP
that's high target but i'm sure it will reach soon after ICO launch, we will keep support it

Wao!  1 MNTP=$7?  Quite on the high side i would say but since we are dealing with Gold, then i suppose the price is justified.
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!

what is goldmint?

GoldMint is a blockchain-based company that helps gold owners trade, loan, invest in and use their GOLD assets, that are 100% backed by physical gold, for profit.

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 are the commissions distributed?

75% of GOLD commissions are sent to miners/ MNT holders as rewards for verifying blocks. The other 25% are directed to charity and platform development.

With regards,
team GOLDMINT
sr. member
Activity: 321
Merit: 250
how are the commissions distributed?
sr. member
Activity: 423
Merit: 250
Interesting... Watching!
sr. member
Activity: 364
Merit: 250
what is the key idea of the project?
full member
Activity: 308
Merit: 100
full member
Activity: 238
Merit: 100
Are the Pre-ICO and upcoming normal ICO prices different?

Can you elaborate on the expected exchange rate of the MNTP token with the final MNT token?

Is there a date where MNTP tokens will become in-exchangeable?


Kind of Salty I'm not being answered, these questions seem to hit at the heart of the profitability and trustworthiness of this project.

Greetings!

Sorry for my late reply!

Exchange rate of MNTP to MNT is 1:1. Tokens will be excangeable all the time as we understand the amount of our investors and the infinite amount of reasons they couldn't exchange them on time.

With regards,
team GOLDMINT
it looks like you are very busy sir, but we can understand that..
you keep reply every question here, that's the most important thing in this forum

3 Days to token crowdsale ON SEPTEMBER 20 AT 9:00 UTC
this is information from website https://goldmint.io/ico
Quote
CURRENT RATE
1 ETH = 42.86 MNTP
1 BTC = 639.93 MNTP
1 MNTP = $7.00

Target in crowdsale: $40 million with Total token supply: 7 000 000 MNTP
that's high target but i'm sure it will reach soon after ICO launch, we will keep support it
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