Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️ - page 240. (Read 169030 times)
How do i get the money loaned?
the step seem a little complexed//// but worth to get!
Greetings!
"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."
When physical gold is withdrawn from Custody Bot, the corresponding number of GOLD assets are destroyed.
GOLD is GoldMint's cryptoasset. It’s value is aligned to the current LBMA price of gold. One GOLD equals one ounce (31,1035 grams) of gold (999 quality) on the stock exchanges + 5% commission (max.)
With regards,
team GOLDMINT
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."
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.
What is GOLD?
GOLD is GoldMint's cryptoasset. It’s value is aligned to the current LBMA price of gold. One GOLD equals one ounce (31,1035 grams) of gold (999 quality) on the stock exchanges + 5% commission (max.)
With regards,
team GOLDMINT
What is GOLD?
as a trader only i dont give a shit.
What happens when physical GOLD is withdrawn from custody bot?
What can i do with GOLD assets?
Greetings!
GOLD assets are burned, or destroyed, when physical GOLD is withdrawn from the Custody Bot.
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.
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.
With regards,
team GOLDMINT
How is it burned?
GOLD assets are burned, or destroyed, when physical GOLD is withdrawn from the Custody Bot.
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.
With regards,
team GOLDMINT
Which details of Gold valuables examination are sent to the blockchain?
How can MNT tokens be purchased?
the step seem a little complexed//// but worth to get!
How is it burned?
Greetings!
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.
Graphene hosts the Graphene blockchain, API and a crypto exchange for GOLD trade.
With regards,
team GOLDMINT
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.
Which other elements does the goldmint infrastructure include?
Graphene hosts the Graphene blockchain, API and a crypto exchange for GOLD trade.
With regards,
team GOLDMINT
Which other elements does the goldmint infrastructure include?
Finally, thank you. Now I'll check announcement threads more 
What are MNT tokens?
What are the commissions for transactions in gold?
Greetings!
The gold we use to back GOLD digital assets is all insured.
The limit of the loan depends on the GOLD or the value of the gold that is used as a collateral.
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.
With regards,
team GOLDMINT
If the Gold is damaged or stolen, who will take responsibility for?
The gold we use to back GOLD digital assets is all insured.
What is the limit of the loan?
The limit of the loan depends on the GOLD or the value of the gold that is used as a collateral.
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.
With regards,
team GOLDMINT
too complicated for most of people.. I think
What is custody bot?
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