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Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️ - page 224. (Read 169030 times)

sr. member
Activity: 420
Merit: 250
Which assets can be deposited to the custody bot?
sr. member
Activity: 518
Merit: 251
Greetings!

hi dev, you said you already reached 600k USD during the pre ico. i just want to know if how much did you need to raised for the ico itself? regarding the minimum goal funding and the max cap? i cant see details about that.

Greetings!

Our cap for ICO is $45M. Minimum is $1M.

With regards,
team GOLDMINT

hello destruct, so glad you answered my question. can i ask if you did some pre sale?
 and if you have it may i know the total amount collected?

We did our presale private for 3 venture funds and 27 investors and we got $600K in less than 36 hours. Thank you for the interest.
You can take part in our upcoming ICO starting from 20th of September. Here are all the details: goldmint.io/ico


With regards,
team GOLDMINT


saying your minimum cap is 1m dollards and you already raised the 600k USD on pre sale, is that means that  once you raise the 400k usd, means you already reached the minimum goal funding?
hero member
Activity: 955
Merit: 500
Greetings!

If i have a physical Gold in my possession how can it be related to this project or this only applies to virtual Gold in blockchain.

After the launch of our custody bots in 2018 you would be able to deposit your physical gold and get a loan in GOLD tokens.

Greetings!

Hello Goldies.

Our expert crypto-lawyer and legal expert published a short legal review on your ICO. Learn more on GoldMint.

Thank you for the trust! we've already published it to our Telegram social channels.

How can you claim that your digital tokens are actually backed by gold? Are you going to conduct physical audits on that?

To ensure the gold-backing we are going to provide 100% guaranteed anytime buyback for the current LBMA gold price +3% by GOLDMINT itself.

With regards,
team GOLDMINT


So it's quite a trusted service with an enormous level of centralization?

All transactions would be performed on our custom-tailored Graphene-based blockchain with PoS consensus algorithm. Stakeholders will validate the blocks and receive earnings from the transaction fees in GOLD tokens.

With regards
team GOLDMINT


That doesn't necessarily answer my question, which was aiming at the tremendous risk of centralization? At which point (that I don't understand) are you eliminating a risk  naturally inherent to centralized services? Or, maybe you are not claiming that? Then I apologize and will stop asking the same question again. But that would mean you are centralized as hell and everyone would have to trust your brand at least as much as any established financial service provider out there.
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!

If i have a physical Gold in my possession how can it be related to this project or this only applies to virtual Gold in blockchain.

After the launch of our custody bots in 2018 you would be able to deposit your physical gold and get a loan in GOLD tokens.

Greetings!

Hello Goldies.

Our expert crypto-lawyer and legal expert published a short legal review on your ICO. Learn more on GoldMint.

Thank you for the trust! we've already published it to our Telegram social channels.

How can you claim that your digital tokens are actually backed by gold? Are you going to conduct physical audits on that?

To ensure the gold-backing we are going to provide 100% guaranteed anytime buyback for the current LBMA gold price +3% by GOLDMINT itself.

With regards,
team GOLDMINT


So it's quite a trusted service with an enormous level of centralization?

All transactions would be performed on our custom-tailored Graphene-based blockchain with PoS consensus algorithm. Stakeholders will validate the blocks and receive earnings from the transaction fees in GOLD tokens.

With regards
team GOLDMINT
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!


Thank you for the trust. We'll share your article everywhere it's possible.

hi dev, you said you already reached 600k USD during the pre ico. i just want to know if how much did you need to raised for the ico itself? regarding the minimum goal funding and the max cap? i cant see details about that.

Greetings!

Our cap for ICO is $45M. Minimum is $1M.

With regards,
team GOLDMINT

hello destruct, so glad you answered my question. can i ask if you did some pre sale?
 and if you have it may i know the total amount collected?

We did our presale private for 3 venture funds and 27 investors and we got $600K in less than 36 hours. Thank you for the interest.
You can take part in our upcoming ICO starting from 20th of September. Here are all the details: goldmint.io/ico

Where your gold coins can be bought?

Our GOLD tokens will be available to buy after the launch of our custom tailored Graphene based blockchain in 1-2 quarter of 2018.

With regards,
team GOLDMINT
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
_______________________________________________________________

Gold’s Unprecedented Leap Into the Digital World
_______________________________________________________________



As the world moves towards virtual currencies, it’s easy to forget about precious metals — but they’re far from disappearing into the digital abyss.

Precious metals, especially gold, have long been considered a “safe investment” because prices are generally stable. But, the way in which people store gold is completely out-of-date, given how far technology has come. This is 2017. Every single asset in your possession should be easy-to-access, and stored in a super secure manner.

_______________________________________________________________

GoldMint — digital gold solution
_______________________________________________________________

GoldMint is a blockchain-based platform, focused on gold-backed cryptoassets, aptly named “GOLD”. In the days of old, purchasing gold was a tedious, clumsy, and a downright insecure process: buying it from a dealer, then storing it in a safety deposit box. Goldmint recognized this atrocious, slow system, and created the ultimate solution: placing the precious metal on a blockchain.

In order to garner market share, they created an vending safety deposit box called “Custody Bot”. Essentially it stores and identifies gold, and gold-based items like coins and ingots up to 100 grams, without human intervention. By strategically planning tiered launches of Custody Bot in pawn shops, shopping centers, and then general high-traffic areas, GoldMint will obtain a larger market share and will be a convenient instrument to use for the general population.

Whether someone purchases gold through GoldMint, or through a dealer, it’s a very straightforward process to register it on the platform. Each GOLD is valued at the market price of an ounce of gold. For security, the platform uses Exchange Traded Funds (ETF) or physical gold of 999 quality. The platform itself is 100% transparent, and allows anyone to protect their gold assets, and easily move gold around the world.

_______________________________________________________________

Eurasia Mining — platinum and gold mining
_______________________________________________________________

Eurasia Mining is an international mineral exploration company, mostly focused in Russia. They target platinum group metals (PGM) — and gold. It mines millions of ounces of the latter metal every year. Currently, they’re in the throes of three large mining projects, with one focusing strongly on potential of near-term gold production levels.

Founded in 1996, Eurasia Mining has a hand in a slew of important mining projects. These include PGM mining in Northeastern Russia’s Kola Peninsula, which expects full-production by 2020. Additionally, they ran a trial mining period in West Kytlim — which boasted more than a million pounds profit in 2016 alone. Thanks to such phenomenal success, the company was granted a Discovery Certificate, allowing them to apply for and obtain an official mining license for the West Kytlim project. Expanding their efforts takes a team effort — more than just that of the mining company itself.

_______________________________________________________________

Consequences of the cooperation
_______________________________________________________________

GoldMint and Eurasia Mining are two companies focused on gold, and seemingly disparate in their goals. After closer examination, however, it’s clear they are after the same thing: bringing gold into the digital world.
Because the two companies are in the same game of precious metals, they’ve formed a unique partnership to advance their businesses and expand their ventures. Eurasia Mining’s current ventures are whirring away, and they’re looking to further develop additional projects with the help of GoldMint.

As it stands, the two precious metal-based companies seek to collaborate on future endeavors, with GoldMint financing a portion, or all of a given project. From there, GoldMint will manage part, or all of the mining process. Moreover, this partnership has the potential to affect current deals.

By fusing two businesses at opposite ends of the gold obtention spectrum, they’re bridging the gap in the most productive, secure manner possible. The effects of this joint venture will be felt worldwide, thanks to increased gold production, and availability of the Custody Bot machines in high-traffic areas, where gold is prevalent.
Currently, safety deposit boxes are front-of-mind when it comes to securely storing precious metals. So, the two companies are working together to break this societal-wide thought process. GoldMint’s targeted plan to to expand their Custody Bot machines will bring their blockchain-based technologies top-of-mind when securing gold. Physical safety deposit boxes will become obsolete, and GoldMint provides the digital answer for both banks and individuals.

This partnership allows a gold mine to truly market itself in such a way that people will almost immediately be able to secure their precious metals on a blockchain. Once it’s on there, the ability to move it back into fiat currency, secure a loan with gold as collateral, lend it through peer-to-peer transactions, and others actions will become infinitely easier to complete.

GoldMint’s blockchain-based platform, focuses on a specific cryptoasset: GOLD. Eurasia Mining is a large precious metals mining company, concentrated in Russia. Together, the two will skyrocket gold back into the digital mainstream. Security, efficiency, stability with precious metals — a common goal for all.

sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!


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).


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.


Is that your model have so-called dividends? Can I have passive income of holding? Explain


The more MNT  a validator holds, the more blocks he  can validate and add to the chain.  As  a  result  miner  gets  75%  in  GOLD  equivalent  from  the  commissions  for  the transactions validated.                                                                                                     

In  case  at  the  moment  of  block  validation  the  miner  doesn’t  have  enough  computational  power  to  validate  the  block  or  in  case  he  cannot  do  this  for  some  other  reasons  he  can be deleted  from the White List  of reliable miners  and will  lose the right to  accomplish  a block. 

In  this  case  the  right  to  validate  blocks  goes  over  to  another  user  who has been  chosen by GoldMint algorythm. 

To  become  a  validator  all  you  need  is  to  download  GoldMint  Wallet  app  from the  official website and launch it using your GoldMint account. 

In case  a user who holds many MNT  doesn’t have  enough  computational power, he can rent computational power from other miners.


With regards,
team GOLDMINT
full member
Activity: 364
Merit: 100
Is that your model have so-called dividends? Can I have passive income of holding? Explain
full member
Activity: 364
Merit: 100
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?
sr. member
Activity: 332
Merit: 250
Russian?
Then good luck russsian team!
full member
Activity: 308
Merit: 100
What commission you hold?
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!


What can i do with GOLD assets?


You can use GOLD assets for the following:
Exchange fiat to cryptocurrency - Right now the fiat-cryptocurrency exchange market exceeds $400 million. Experts predict that this will reach billions once banks regulate the cryptocurrency industry.
Hedge volatility risks - Traders and other cryptocurrency users can hedge their gold commodity with GOLD on any cryptocurrency trading exchange, without leaving that particular platform. Traders can also diversify their trading portfolio with GOLD assets.
Payroll unit- Given its low volatility, you may prefer GOLD to BTC and altcoins for paying employees. Because of its low commissions, high speed, and affordability (no extra charges for transborder payments), you can also use GOLD instead of fiat for regular deals.
ICO currency - ICOs can ask for GOLD donations instead of regular cryptocurrency funds to hedge the high volatility risks that tend to accompany cryptocurrency.
Buy and transport physical gold - You can convert your physical gold into GOLD in any bank that uses the GoldMint blockchain platform. This not only protects cross-country gold transportation but also simplifies the process.


How is gold emitted?


The amount of GOLD that is emitted depends on the amount of physical gold and ETF backing that GoldMint has in its reserves. The amount of GOLD in circulation can never exceed GoldMAn's reserves of physical gold.


What other projects run on graphene?


Graphene also allows its users other platforms that include:Openledger - exchange Rudex - exchange Satoshi.fund - fund Hubdsp - DSP platform Peerplays - betting platform Steemit / Golos.io - news platform


With regards,
team GOLDMINT
sr. member
Activity: 420
Merit: 250
A chance to be;  Strange alt of the week
sr. member
Activity: 321
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What other projects run on graphene?
sr. member
Activity: 423
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full member
Activity: 378
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What can i do with GOLD assets?
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!



How can MNT tokens be purchased?


MNTP is initially released via ICO, after which MNTP tokens will migrate to the GoldMint blockchain, using a 1/1 fork. Then they will receive an MNT ticker.


Which details of Gold valuables examination are sent to the blockchain?


The details of both inspections - i.e., the data results of the spectral analysis and the hydrostatic weighing - are stored in GoldMint's blockchain. The timestamps on the valuable’s acceptance and withdrawal are also stored in blockchain. Custody Bot will be distributed in pawnshops and trade centres.


What happens when physical GOLD is withdrawn from custody bot?


When physical gold is withdrawn from Custody Bot, the corresponding number of GOLD assets are destroyed.


With regards,
team GOLDMINT

sr. member
Activity: 578
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What happens when physical GOLD is withdrawn from custody bot?
sr. member
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I see goldmint going
 Over 1 billion
sr. member
Activity: 321
Merit: 250
Which details of Gold valuables examination are sent to the blockchain?
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