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Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️ - page 80. (Read 169030 times)

sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
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In order to strengthen en out project and promote it in the international cryptocommunity, we invited a new advisor to our team!
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newbie
Activity: 5
Merit: 0
I wonder if a GOLDMINT representative would be kind enough to comment upon the independent analysis of GoldMint ICO at http://icorating.com/project/366/goldmint

It's worth downloading the PDF report and, in particular, I'd appreciate your comments on (i) their perceived view of a lack of a strong financial model (ii) the limited capacity of CustodyBot machines (iii) the huge expense required in manufacturing and maintenance of CustodyBot machines worldwide to get significant market share (iV) the view that PoS algorithm is hitherto largely untried and untested and (v) the competition from other gold-based cryptocurrencies.

sr. member
Activity: 448
Merit: 250
Hi, how I understood price for MNTP is 7 usd than it would be transferred to goldmint blockhain where MNTP will be changed 1 to 1 with MNT, 1MNT equals to 1 gramm of gold, 1 gramm of gold costs around 40USD, how should it work economically?
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint

I can not understand in business model 2 questions:

1. How the token will go up if you buy gold for it. It turns out that minus costs and interest from transfers of assets will remain less. That is, it turns out that gold is actually not exactly as many tokens, and less.

2. How is the POS of your token implemented if there is no mining on it? After all, all the tokens are distributed to the buyers and the team, then there will be no token free for the main pool. So how will Proof of stake work even on the etherium platform?

Greetings!

I've answered your questions in our russian branch where you duplicated them.

With regards,
team GOLDMINT
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
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As Vitalik talks about failures of many projects, we'd like to remind you of our meeting and our discussion.
We got some valuable advice from him and are working hard to implement that advice.

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sr. member
Activity: 924
Merit: 260
This project is going to be great in years to come and we all need to support it.  Though from beginning it always looks very on realistic but from the fund raise so far and the token sold we can said this ico is going to be successful. The remaining token of a little figure above 6m are going to be sold before the end of the ico and that is about 14 days to come.
newbie
Activity: 51
Merit: 0

I can not understand in business model 2 questions:

1. How the token will go up if you buy gold for it. It turns out that minus costs and interest from transfers of assets will remain less. That is, it turns out that gold is actually not exactly as many tokens, and less.

2. How is the POS of your token implemented if there is no mining on it? After all, all the tokens are distributed to the buyers and the team, then there will be no token free for the main pool. So how will Proof of stake work even on the etherium platform?
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!

How can we transfer MNTP tokens to the bancor app wallet after 11 november??

Stay tuned to our social media channels. You will be first to know.

Excellent project, tell me how much is one coin and what is the minimum input?

Each token is $7. Hurry up till the 15% bonus is gone.

How can I mine it?

Token holders will be so called miners as they verify transaction blocks. Their rewards are distributed due to the proof of stake consensus algorithm and their stake held in MNT tokens.

So there are still 6 million tokens left, just over $4.8m raised.  Is that enough for development of graphene and custody bots??

Yes! It is more than enough to start project development. No worries Smiley

With regards,
team GOLDMINT
sr. member
Activity: 672
Merit: 250
Most Advanced Crypto Exchange on the Blockchain
So there are still 6 million tokens left, just over $4.8m raised.  Is that enough for development of graphene and custody bots??
member
Activity: 105
Merit: 10
sr. member
Activity: 602
Merit: 250
Excellent project, tell me how much is one coin and what is the minimum input?
member
Activity: 182
Merit: 10
How can we transfer MNTP tokens to the bancor app wallet after 11 november??
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!


You are misinforming investors. You just said in previous posts that the token is NOT backed by any gold.

We are going to develop a graphene blockchain containing two tokens: GOLD and MNT(MNTP). MNTP token are 7$ each and now available for sale here. MNTP tokens are not gold-backed but they bring profits to the holder by verifying transaction blocks according to tokens stake held. GOLD tokens are backed by a gold ounce each with an equal price. These will get issued in 2018 only after our blockchain launch.


by the way, did you paused your ico because of the fork then just resumed it?

We didn't stop our ICO. We had performed successful voting within participants. After that our ICO have been extended for 3 more weeks without any pauses.

With regards,
team GOLDMINT
sr. member
Activity: 476
Merit: 251
Revolutionizing Brokerage of Personal Data
Greetings!

that amount you raised is a good amount already. but is that amount already reached or surpassed the minimum goal funding you need for the development?

Yes, it is more than enough to start the development.

With regards,
team GOLDMINT



oh i see. thanks mate..


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As you all now, the new Bitcoin hardfork is behind us, so the storm has passed and you can take part in ICO again.
In times like this supporting a stable gold-backed coin might be one of the best solutions.
By the way, Bitcoin Gold already dropped in price to a third of the value, because it wasn't backed by gold!

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by the way, did you paused your ico because of the fork then just resumed it?
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
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We agree with Steve Wozniak in terms of the dollar, however, gold is within the top-3 most stable investment instruments.
Our digital gold GOLD has both the advantages of a cryptocurrency and gold: stability, speed of use, and, of course, simplicity for a regular user.



Link
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newbie
Activity: 59
Merit: 0
_______________________________________________________________

As you all now, the new Bitcoin hardfork is behind us, so the storm has passed and you can take part in ICO again.
In times like this supporting a stable gold-backed coin might be one of the best solutions.
By the way, Bitcoin Gold already dropped in price to a third of the value, because it wasn't backed by gold!

_______________________________________________________________


You are misinforming investors. You just said in previous posts that the token is NOT backed by any gold.
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
_______________________________________________________________

As you all now, the new Bitcoin hardfork is behind us, so the storm has passed and you can take part in ICO again.
In times like this supporting a stable gold-backed coin might be one of the best solutions.
By the way, Bitcoin Gold already dropped in price to a third of the value, because it wasn't backed by gold!

_______________________________________________________________

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

So if the price changes from the original $7 to for example $8. How will you get the extra gold to cover for the token price increase?

MNT tokens available for sale on our ICO are not gold-backed. Upcoming GOLD tokens are gold-backed by physical gold troy ounce each.


that amount you raised is a good amount already. but is that amount already reached or surpassed the minimum goal funding you need for the development?

Yes, it is more than enough to start the development.

With regards,
team GOLDMINT
member
Activity: 111
Merit: 10
What are the price expectations? After a month? After a year?
Depend on trade market, hope it 2-3x the initial ICO price.
sr. member
Activity: 476
Merit: 251
Revolutionizing Brokerage of Personal Data
Greetings!
Sorry for the delay.

sorry but i think i missed the update on the amount you raised after the ico. will you please give me the amount perhaps?

Right now it is:
ETH COLLECTED
4643.69
AND
BTC COLLECTED
836.79

With regards,
team GOLDMINT



that amount you raised is a good amount already. but is that amount already reached or surpassed the minimum goal funding you need for the development?
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