Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️ - page 230. (Read 169030 times)
How can MNT tokens be purchased?
Looking good. Got my eye in this. What will happen to the classic chain.
What is gold? 
Greetings!
The miner can buy more from from other miners on the network.
MNT token does not imply rights to participate in company management of GoldMint and is not a share.
Details of the miner rotation, miners’ rewards and incentives as well as details related to Custody Bot operations (e.g., assessment, weight, when allocated and withdrawn). Also stored on Graphene are all details related to GoldMInt’s GOLD transactions.
With regards,
team GOLDMINT
What happens if the miner doesn’t have enough computing power to verify a transaction?
The miner can buy more from from other miners on the network.
Does mnt act like a goldmint share?
MNT token does not imply rights to participate in company management of GoldMint and is not a share.
Which data will be stored on graphene blockchain?
Details of the miner rotation, miners’ rewards and incentives as well as details related to Custody Bot operations (e.g., assessment, weight, when allocated and withdrawn). Also stored on Graphene are all details related to GoldMInt’s GOLD transactions.
With regards,
team GOLDMINT
Which data will be stored on graphene blockchain?
Interesting... Watching!
Does mnt act like a goldmint share?
What happens if the miner doesn’t have enough computing power to verify a transaction?
following this thread,interesting topic
Greetings!
Thank you for the trust! we've already published it to our Telegram social channels.
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
Hello Goldies.
Our expert crypto-lawyer and legal expert published a short legal review on your ICO. Learn more on GoldMint.
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?
_______________________________________________________________
Innovation in blockchain technologies!
You give us your gold, and our Custody Bot exchanges it for tokens.
Interested? Read more.
_______________________________________________________________
Innovation in blockchain technologies!
You give us your gold, and our Custody Bot exchanges it for tokens.
Interested? Read more.
_______________________________________________________________
Russian?
Then good luck russsian team!
Then good luck russsian team!
Don't forget to get listed on all exchanges
Greetings!
If the borrower defaults, his GOLD cryptoassets are transferred to GoldMint.
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.
Crypto traders – These participants can use GOLD for hedging cryptocurrency volatility, as described in the white paper. GOLD can also be used to convert cryptocurrency into fiat.
Standard investors – These investors may want to buy GOLD as cryptocurrency or as a type of security.
E-commerce and self-employed individuals – GOLD can be used to pay for goods and services. Its low volatility asset and predictability make it an invaluable form of currency.
Banks – GOLD cryptoassets gives banks new opportunities. There’s free liquidity and extra earning potential from trading gold into fiat and the reverse. Cryptocurrency has become a massive industry. Banks can profit from earning standard commissions, commissions on gold storage, and from using the GoldMint cash management system. At the same time, banks that invest in GOLD reinforce GOLD’s reputation, which increases their profit. Banks also earn commission from participating in the GoldMint partner program.
Today the cryptocurrency overall circulation has achieved more than $700 billion a year and the commissions for deposit and withdrawal are more than 5%.
In case the bank sets lower commissions for GOLD buy/sell for a client, most transactions (cryprocurrency deposit and withdrawal) will switch from underground exchanges to the banks. At the same time the integration with GOLD only is necessary, while all the other cryptocurrencies can be purchased on a cryptoexchange directly. Banks also have revenues from cash management and commission charging for gold storing owned by GoldMint company. Still one more source of income for banks is the revenue from the partner program which includes adding GOLD digital asset to the product line of the bank’s department of Wealth Management.
With regards,
team GOLDMINT
What happens in case the loan is not repaid?
If the borrower defaults, his GOLD cryptoassets are transferred to GoldMint.
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.
Who is your target audience?
Crypto traders – These participants can use GOLD for hedging cryptocurrency volatility, as described in the white paper. GOLD can also be used to convert cryptocurrency into fiat.
Standard investors – These investors may want to buy GOLD as cryptocurrency or as a type of security.
E-commerce and self-employed individuals – GOLD can be used to pay for goods and services. Its low volatility asset and predictability make it an invaluable form of currency.
Banks – GOLD cryptoassets gives banks new opportunities. There’s free liquidity and extra earning potential from trading gold into fiat and the reverse. Cryptocurrency has become a massive industry. Banks can profit from earning standard commissions, commissions on gold storage, and from using the GoldMint cash management system. At the same time, banks that invest in GOLD reinforce GOLD’s reputation, which increases their profit. Banks also earn commission from participating in the GoldMint partner program.
Today the cryptocurrency overall circulation has achieved more than $700 billion a year and the commissions for deposit and withdrawal are more than 5%.
In case the bank sets lower commissions for GOLD buy/sell for a client, most transactions (cryprocurrency deposit and withdrawal) will switch from underground exchanges to the banks. At the same time the integration with GOLD only is necessary, while all the other cryptocurrencies can be purchased on a cryptoexchange directly. Banks also have revenues from cash management and commission charging for gold storing owned by GoldMint company. Still one more source of income for banks is the revenue from the partner program which includes adding GOLD digital asset to the product line of the bank’s department of Wealth Management.
With regards,
team GOLDMINT
"This looks very worth watching.
Seriously."
Seriously."
Who is your target audience?
How is my income calculated? (provide an example here as well)
What happens in case the loan is not repaid?
Greetings!
Today there are more than 60,000 tonnes of gold from the earth extracted, half of which finds its way into the pockets and accounts of “ordinary” people. Our idea is no short of revolutionary: we plan to convert this gold into blockchain-encrypted tokens to help owners protect their valuables, to help investors move their gold can more rapidly and easily from one part of the world to another, and to help companies and individuals hedge their gold against market volatility.
We plan to move in three stages:
To gain access to 1% of global gold circulation (over 300 tonnes) by launching Custody Bot automated storage facilities in pawnshops around the world.
To gain access to another 5% of gold circulation by introducing Custody Bot to shopping centers.
To gradually gain access to a final 10% of gold reserves, worth more than $100 billion, and to develop a special version of Custody Bot for popular installation.
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.
Release of MNT tokens are done by Ethereum-based smart contracts, specially used for distribution of tokens.
80% of 10 000 000 MNT are released during ICO launch.
GoldMint team receives two million MNT tokens, and no more than 500 000 per quarter distributed via a special wallet.
Some consultants receive MNT tokens two months after ICO launch.
Smart contracts can automatically trade ETH into MNT.
The number of tokens to be transmitted to a particular user depends on the sum at the time of its receipt by GoldMint.
With regards,
team GOLDMINT
What do you want to gain with your project?
Today there are more than 60,000 tonnes of gold from the earth extracted, half of which finds its way into the pockets and accounts of “ordinary” people. Our idea is no short of revolutionary: we plan to convert this gold into blockchain-encrypted tokens to help owners protect their valuables, to help investors move their gold can more rapidly and easily from one part of the world to another, and to help companies and individuals hedge their gold against market volatility.
We plan to move in three stages:
To gain access to 1% of global gold circulation (over 300 tonnes) by launching Custody Bot automated storage facilities in pawnshops around the world.
To gain access to another 5% of gold circulation by introducing Custody Bot to shopping centers.
To gradually gain access to a final 10% of gold reserves, worth more than $100 billion, and to develop a special version of Custody Bot for popular installation.
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.
How will be distributed tokens during ICO event?
Release of MNT tokens are done by Ethereum-based smart contracts, specially used for distribution of tokens.
80% of 10 000 000 MNT are released during ICO launch.
GoldMint team receives two million MNT tokens, and no more than 500 000 per quarter distributed via a special wallet.
Some consultants receive MNT tokens two months after ICO launch.
Smart contracts can automatically trade ETH into MNT.
The number of tokens to be transmitted to a particular user depends on the sum at the time of its receipt by GoldMint.
With regards,
team GOLDMINT
How will be distributed tokens during ICO event?
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