Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️ - page 215. (Read 169030 times)
Too funny.
what other projects run on graphene?
what are graphene’s advantages compared to ethereum and other blockchains?
stay tuned
waiting bounty fb and twitter has started
waiting bounty fb and twitter has started
A chance to be; Strange alt of the week
Greetings!
Graphene is cheaper, there is no charge for ether commissions. Graphene, too, is optimized for GOLD transactions therefore its executes its blocks faster and more effectively and it’s safer in that it uses its own coins rather than turing-complete smart contracts.
All of GoldMint's GOLD is backed by the reserves of physical gold or ETF that GoldMint has in its reserves. If there's not enough gold in GoldMint reserves, the company buys extra gold or ETFs in Switzerland.
With regards,
team GOLDMINT
What are graphene’s advantages compared to ethereum and other blockchains?
Graphene is cheaper, there is no charge for ether commissions. Graphene, too, is optimized for GOLD transactions therefore its executes its blocks faster and more effectively and it’s safer in that it uses its own coins rather than turing-complete smart contracts.
How is the gold asset backed by gold?
All of GoldMint's GOLD is backed by the reserves of physical gold or ETF that GoldMint has in its reserves. If there's not enough gold in GoldMint reserves, the company buys extra gold or ETFs in Switzerland.
With regards,
team GOLDMINT
How is the gold asset backed by gold?
Yes, this is a good idea
What are graphene’s advantages compared to ethereum and other blockchains?
Greetings!
GoldMint loan applicants transfer their GOLD as collateral to a certain GoldMint application. The rate of the loan is established at the time of giving and remains fixed through the loan period. Applicants needs to consent to GoldMint loan terms to receive the loan.Applicant is given various options for repaying loan amount and for mode of repayment. If the borrower defaults, his GOLD cryptoassets are transferred to GoldMint.
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).
MNT is used as a stake within the PoS (Proof-of-Stake) consensus algorithm. Namely, the more MNT the miner holds, the more blocks he can validate and add to the chain.
With regards,
team GOLDMINT
How do i get the money loaned?
GoldMint loan applicants transfer their GOLD as collateral to a certain GoldMint application. The rate of the loan is established at the time of giving and remains fixed through the loan period. Applicants needs to consent to GoldMint loan terms to receive the loan.Applicant is given various options for repaying loan amount and for mode of repayment. If the borrower defaults, his GOLD cryptoassets are transferred to 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).
How do they work?
MNT is used as a stake within the PoS (Proof-of-Stake) consensus algorithm. Namely, the more MNT the miner holds, the more blocks he can validate and add to the chain.
With regards,
team GOLDMINT
Don't forget to get listed on all exchanges
How do they work?
What is trust management?
How do i get the money loaned?
Greetings!
Custody Bot is GoldMint's unique device. It is programmed for temporary holding, inspection, long-term storing and conveying of gold jewelry, coins or gold.
Most times, when a person buys GOLD for fiat, the price for GOLD will be LBMA + 5%. When they want to sell their GOLD, the price will be LBMA +3%. The commission for managing gold is 0.2-0.8% per annum, depending on gold volatility and investor traffic. After analyzing the correlation between the value of gold and the stock price of the three largest ETFs - the GLD (announced expense ratio 0.4% ), the IAU ( 0.25% ) and SGOL ( 0.39% ) - we estimate that the real backlog of ETF shares in physical gold is about 0.7% (prices are taken from COMEX on the LME ).
MNT is GoldMint's internal token, used to confirm GOLD cryptoasset transactions.
With regards,
team GOLDMINT
What is custody bot?
Custody Bot is GoldMint's unique device. It is programmed for temporary holding, inspection, long-term storing and conveying of gold jewelry, coins or gold.
What are the commissions for transactions in gold?
Most times, when a person buys GOLD for fiat, the price for GOLD will be LBMA + 5%. When they want to sell their GOLD, the price will be LBMA +3%. The commission for managing gold is 0.2-0.8% per annum, depending on gold volatility and investor traffic. After analyzing the correlation between the value of gold and the stock price of the three largest ETFs - the GLD (announced expense ratio 0.4% ), the IAU ( 0.25% ) and SGOL ( 0.39% ) - we estimate that the real backlog of ETF shares in physical gold is about 0.7% (prices are taken from COMEX on the LME ).
What are MNT tokens?
MNT is GoldMint's internal token, used to confirm GOLD cryptoasset transactions.
With regards,
team GOLDMINT
What are MNT tokens?
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?
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?
What are the commissions for transactions in gold?
What is custody bot?
Finally, thank you. Now I'll check announcement threads more
Jump to: