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Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️ - page 239. (Read 169030 times)

full member
Activity: 364
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Does mnt act like a goldmint share?
sr. member
Activity: 578
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How is the gold asset backed by gold?
sr. member
Activity: 420
Merit: 250
"""Im seriously bloody impressed!
Its just beyond my mental capacity to understand"""
full member
Activity: 364
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What are graphene’s advantages compared to ethereum and other blockchains?
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!


Which assets can be deposited to the custody bot?


Gold jewelry, small ingots (up to 100 grams) and coins.


Could you give us an example number of the cost storing gold? (e.g. In the USA or switzerland)


The average fee for storing physical gold is 0,25% from its estimated value a year.


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.


With regards,
team GOLDMINT

full member
Activity: 378
Merit: 100
Common Sense Ideas == Good Ideas; We will definitely get on the horn with them
sr. member
Activity: 578
Merit: 250
What are some of the GOLD applications?
sr. member
Activity: 321
Merit: 250
Could you give us an example number of the cost storing gold? (e.g. In the USA or switzerland)
full member
Activity: 364
Merit: 100
Which assets can be deposited to the custody bot?
full member
Activity: 364
Merit: 100
sorry, to complicated and fishy for me
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!


How can gold help me hedging risks on the cryptocurrency market?


The price of GOLD is set according to the price of gold at LBMA market. GOLD has gentler volatility than cryptocurrency, so the risks of receiving less for buyback are less than had you used, say, bitcoin to make your transaction.


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.


In what way will mntp tokens migrate from ethereum to graphene?


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
newbie
Activity: 44
Merit: 0
I wouldn't trust a ico like this. It's setup 100% pump and dump you invest they buy gold and disappear then your coins become worthless. Theres no legal binding to there gold and your coins besides say so. If i ever saw a scam coin this would be it. Just look at the team looks fishy to me.
sr. member
Activity: 412
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In what way will mntp tokens migrate from ethereum to graphene?
full member
Activity: 364
Merit: 100
most of the coins don't give a fuck about us!
sr. member
Activity: 423
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What is the use of api implementation?
sr. member
Activity: 420
Merit: 250
How can gold help me hedging risks on the cryptocurrency market?
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!


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
full member
Activity: 364
Merit: 100
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
_______________________________________________________________

“GoldMint has taken an innovative approach to handling a precious commodity.”  — @cointelegraph.
Read this article on how our technical approach to PoS is ideal for investors and future users of GoldMint.


CHECK IT OUT ON COINTELEGRAPH
_______________________________________________________________




sr. member
Activity: 321
Merit: 250
What is trust management?
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