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Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️ - page 247. (Read 169030 times)

sr. member
Activity: 423
Merit: 250
 What fee can we expect buying gold with Visa or mastercard?
Can I use another credit cards?
sr. member
Activity: 420
Merit: 250
sr. member
Activity: 412
Merit: 250
I found that in the white paper:
How will Custody Bot work?
  1. User presses the Open button. The tray slides out. The user places a product in it, which gets loaded into the box.
  2. The product put into the Custody Bot machine enters the spectral analysis block. A manipulator forces the product onto scales where it is weighed twice, once in air then in liquid.
  3. Once inspection is complete, the manipulator returns the product to one of the compartments inside the Custody Bot.
  4. The spectral data and weighting data are fed into a computer installed inside the box. This measurement data is encoded on the blockchain, made public to anyone who wants to see the information.
  5. To retrieve your product: GoldMint gives you the code of your deposit box. Enter this address on the front panel. The manipulator takes out the product and places it on the tray, ready for you to take.
But I don't understand who will have to do that.. regular customers?

So I can exchange physical gold for cryptocurrency or fiat? What if I want to return my gold, which I gave CustodyBot?
sr. member
Activity: 302
Merit: 250
As far as I understood, this thing would be something like a coffee machine, so you'll be able to use it wherever you find it.
sr. member
Activity: 420
Merit: 250
I found that in the white paper:
How will Custody Bot work?
  1. User presses the Open button. The tray slides out. The user places a product in it, which gets loaded into the box.
  2. The product put into the Custody Bot machine enters the spectral analysis block. A manipulator forces the product onto scales where it is weighed twice, once in air then in liquid.
  3. Once inspection is complete, the manipulator returns the product to one of the compartments inside the Custody Bot.
  4. The spectral data and weighting data are fed into a computer installed inside the box. This measurement data is encoded on the blockchain, made public to anyone who wants to see the information.
  5. To retrieve your product: GoldMint gives you the code of your deposit box. Enter this address on the front panel. The manipulator takes out the product and places it on the tray, ready for you to take.
But I don't understand who will have to do that.. regular customers?
sr. member
Activity: 412
Merit: 250
How does Custody Bot work? Can anyone own and operate the Custody Bot?
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Will the token be possible to be traded on exchanges?

Greetings!

Our partner's Deloitte lawyers helped us with a compliance review. And yes, we pass through SEC regulations and can be listed on any of exchanges. And we will.

With regards,
team GOLDMINT
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
More stable than other crypt currencies due to being backed by gold is interesting. I will keep my eyes on you.

Greetings!

Thank you for the trust! Stay tuned to our social channels please.

With regards,
team GOLDMINT
sr. member
Activity: 490
Merit: 250
Will the token be possible to be traded on exchanges?
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint


______________________________________________________________________________

GOLD Says Insomnia-Tortured ICO-Makers “Good Night”
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The penchant to generate enormous wealth has a proliferation of innovative channels to invest and define more opportunities for the economy of the future. As the latest addition to the bandwagon, ICO makers, traders and investors are hugely anticipating upon cryptocurrencies that promise a splurging return and dominate all other forms of currencies in the world.

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Dominate all other forms, really?
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The total cryptocurrency circulation has surpassed 700 USD with the BTC and ETH stamping impressive growth to their inherent value, compelling the enthusiastic investors to pool in more. However, high volatility makes the game way riskier! Blame it to the bad press, the unpredictable perceived store value or the unclear taxation policy; cryptocurrencies will continue to stay more vulnerable towards an overnight crash.

Post a few major achievements, cryptocurrencies fell way short of the respectable acceptance extend. Although plastic money reach has been promised, most websites don’t accept Bitcoins (being the most popular) and the ones that do, need an interim payment gateway which is clearly nowhere close to a smooth process.

As of July’17, cryptocurrencies crashed massively by 23%. Such intense volatility is discouraging enough to look beyond.

As an effective alternative, stable coins are steadily gaining support towards it syncing aptly with the digital currency trends.

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Digital Gold will too acquire mass adoption — Wait for it!
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As the undisputed champ of investment, gold has a rich history of valuable evolution that the current swathe of cryptocurrencies may not experience ever. Stable coins backed by physical gold and ETF are therefore a universal and a convenient instrument for hedging the volatility risks. This alone can encourage the common investor believe more in the ICOs.

Gold has been the least volatile metal showing a steady increase in value when the fiat currency is dropping. In times of social uncertainty out political or economic crisis such as a war or a natural disaster, gold stays intact to its intrinsic value and is the ultimate dependable resource to channel transactions.

Governments across the world are amassing their gold storage assets. China reported a whopping 600 tons between 2009 and 2015. Experts have estimated that the value may go up to 10,000 tons in coming years. The legends hold it true for other economies like India, Russia and US.

Utilizing the most out of the digital swathe, the cost of transferring 1 Kilogram of Gold is equivalent to 1 gram.

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Winning over the traditional investor
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GOLD driven digital currency is confidently foreseen to tap colossal progress and cover a larger market share. The much-needed conglomerate of the metal’s inherent value in real time and the portability of cryptocurrencies will have a staunch impact. Thus, the traditional investor community that was not so impressed by computing controlling their wealth can rely upon physical gold backing the game.

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The actual asset backing
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Unlike the cryptocurrencies, digital GOLD is evaluated by actual gold bullion. Offering the same scale of investment security like certificates and other GOLD in physical forms, investors get utmost ownership with asset information digitally stored against GOLD units. This digital information is widely accessible in form of an account and supports across online transactions.

On the other hand, cryptocurrencies grow by the faith of an enthusiastic investor that the value will raise. There’s no actual asset in real-time backing it and risks are guaranteed!

ICOs have attested a promising return and continue to engage more investors. Minus a few gaps where they are still trying to catch up with the skeptical take on volatility, GOLD could help eliminate the cloud and sync perfectly with the ICOs. Unlatching the benefits of a less volatile asset could actualize mass adoption, sooner than expected!


newbie
Activity: 13
Merit: 0
More stable than other crypt currencies due to being backed by gold is interesting. I will keep my eyes on you.
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Worst thing to imagine is standing at the station with your pockets full of fiat, seeing the train gaining speed in the horizon...

I'm with you guys!

Greetings!

What a wordplay! We'll keep you informed with our news.
Stay tuned to our social networks please.

With regards,
team GOLDMINT
full member
Activity: 280
Merit: 100
 

why is Walter White on the team?
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
great job guys!
good luck with your investments

Greetings!

Thank you for the trust!

With regards,
team GOLDMINT
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Very interesting! Keep me in touch!!

Greetings!

Sure! Please stay tuned to our social channels and you will be first to know about our news.

With regards,
team GOLDMINT
sr. member
Activity: 378
Merit: 250
Very interesting! Keep me in touch!!
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint



______________________________________________________________________________

Golden blockchain introducing a stable coin
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Understanding the value of GOLD, the new crypto asset backed 100% by actual gold!

Times are changing fast, and there seems to be a near goldrush on some types of cryptocurrencies. ICOs are taking place all the time, almost daily, with, and the value of Bitcoin and Ether rocketing up. As we all know though, these currencies often also experience massive volatility in terms of their values too. The challenge moving forwards is to have a globally traded currency that is both secure, and yet also tied to something of real, intrinsic value. Numerous studies, by Pwc and others have demonstrated that gold remains a highly valuable resource and preferred choice for the storage of wealth.

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An interesting new initiative by GoldMint
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GoldMint is an interesting new innovation, that brings together the historical security of the physical asset of gold, with the digital security and speed of transactions that new blockchain technologies can offer. Gold has been used to store wealth for millennia by humans. With the recent technological developments in cryptoassets, there are now exciting possibilities for gold and modern technology to provide innovative global trading business solutions. GOLD, a cryptoasset created by GoldMint, may just provide the perfect combination of new and old financial systems.

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Faster, more secure international trading opportunities
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GOLD offers many exciting trade opportunities. At the recent WCO [World Customs Organisation] annual conference in Tbilisi, June 2017 there many examples of how blockchain based innovation can help to speed up global trade across international borders. ‘Single window’ is a term which raised a lot of excitement, this is the ability for all of the customers and border control details to be dealt with through one interface. It also offers the potential to have all the paperwork done and approved before the goods even reach the border checkpoint. This would then mean only the actual good themselves have to be inspected as everything else will have already been completed. New technologies such as GOLD, GoldMint’s cryptoasset offer exciting possibilities that will enable people and businesses to safely move things of value between different countries. This would help avoid the traditional risks and delays that occur when it comes to crossing international borders.

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The benefits of gold, combined with the digital security of a cryptoasset
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Traditionally gold has always been a great way to store wealth, but it was also very cumbersome and unwieldy when you then wanted to extract some of the value from your wealth. As well as risky when transporting, you also needed to store it securely. With GOLD, the gold backed crypto asset, we may be reaching the point where it’s value is still secure but it can also be used more quickly for investments and trading. Historically banks and currency traders have charged high fees for those wanting to move their money beyond national borders. With the emergence of secure blockchain platforms it is now possible to greatly reduce these costs. It is now much much easier for people and companies to do business from both inside and outside of the European Union to Russia, the US, China, and the rest of the world. Cryptoasset based trading with digitally tradeable, but gold backed investments offers the ability to perform faster, more convenient, efficient and cheaper transactions.

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The GoldMint team’s banking and entrepreneurial experience
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With any new venture the next question to ask is always, who are behind the initiative, and what experience and pedigree do they have. Fortunately for this venture the chances of success look promising due to the deep level of knowledge and entrepreneurial knowhow they have assembled. GoldMint was established in 2016 by the founders of the LOT-ZOLOTO company. This company buys unwanted gold securities from pawnshops, processes them and then supplies them to jewelers. In the first six months of 2017, turnover of LOT-ZOLOTO amounted to 50.2 million USD. The company is a marketplace leader and has an extensive background in gold trading. The GoldMint team, led by Dmitry Pluschevsky, CEO of GoldMint and Konstantin Romanov, co-founder, have a strong background in innovation and developing previous successful projects over the last two decades. Pluschevsky has a good range of entrepreneurial experience across marketing, app development, venture fund investment, and then as a startup mentor at the innovative Skolkovo institution. His experience is complemented well by Konstantin Romanov’s twenty five years experience in the Russian banking sector, including Rosbank among others. For this project they have already put together a strong team of developers and business experts, supported by an even more impressive group of advisors with a healthy range of diverse and useful business experience. It looks like it could be a good combination to help make GoldMint a success too.

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Exciting possibilities for future trading opportunities
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We are at an exciting time with the recent developments in cryptocurrencies, backed by blockchain technologies to ensure secure, fast and effective means to perform business transactions globally in near to real time. We are at the threshold of a new period of opportunities and business developments in micro payments, financial trading and many other business use-cases that are still being identified. The GOLD option developed by GoldMint holds exciting possibilities for future transactions too, and may even replace other forms of investing and holding value, such as ETFs and other current options.

sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
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Custody Bot turns jewelry into cryptoassets.
Crypto magic or crypto alchemy?

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Read more on Cointelegraph.


sr. member
Activity: 504
Merit: 250
token allocation for followers of bounty twitter is very large, especially the number of participants is limited to 200 participants. very beneficial if you join this one bounty. success for dev.
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