⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️ - page 85.

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Alexander KOSTIN | GoldMint

Greetings!

Quote from: actudoran on October 18, 2017, 12:04:52 AM

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.

Quote from: spiceminer15 on October 18, 2017, 12:15:54 AM

Where is your bounty?

Here you can find all details about our BTT campaign: https://bitcointalksearch.org/topic/icobounty-official-goldmint-bounty-campaign-thread-2091804

Quote from: nenelsparadise on October 18, 2017, 12:23:37 AM

What commission you hold?

GOLD commission is Z% (no more than 0.3%), but no less than a fixed Y amount of GOLD
(i.e., more than 0,0025 GOLD depending on the current gold price).

With regards,
team GOLDMINT

Anarchy101

legendary

Activity: 1316

Merit: 1004

Quote from: destruct on October 17, 2017, 11:26:09 AM

~~

Since the ICO is now extended for about three weeks Will the price of the token, remain the same or you increase/decrease it?

CryptoPromotions

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Activity: 332

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Very interesting project, could become one of the biggest ICOs of 2017 in my humble opinion. All the best, looking forward to participating in the crowdfunding.

nenelsparadise

sr. member

Activity: 324

Merit: 250

What commission you hold?

spiceminer15

sr. member

Activity: 336

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Where is your bounty?

baby222

hero member

Activity: 1008

Merit: 501

I can't find any information about them and start date of project, so i can use their service and but gold knowing place where i can take it... When your service will start ?

actudoran

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what is the use of api implementation?

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Alexander KOSTIN | GoldMint

Greetings!

Quote from: granathus on October 17, 2017, 11:09:46 PM

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.

Quote from: DeeSome on October 17, 2017, 11:19:40 PM

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.

Quote from: dcl595 on October 17, 2017, 11:31:27 PM

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

code

sr. member

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2017 will be the year of Goldmint

dcl595

sr. member

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which other elements does the goldmint infrastructure include?

DeeSome

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Activity: 378

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what are some of the gold applications?

granathus

full member

Activity: 294

Merit: 100

how is my income calculated? (provide an example here as well)

granathus

full member

Activity: 294

Merit: 100

Greetings!

Quote from: thisisnotmyltcusername on October 17, 2017, 10:31:03 PM

how are the commissions distributed?

75% of GOLD commissions are sent to miners/ MNT holders as rewards for verifying blocks. The other 25% are directed to charity and platform development.

Quote from: ianp on October 17, 2017, 10:40:03 PM

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).

Quote from: dermo on October 17, 2017, 10:46:50 PM

which operations does goldmint run with gold which ensure the investor with some income?

GoldMint provides investors with the following opportunities: 1. P2P lending - GoldMint gives investors significant interest when they lend GoldMint their gold (in the form of GOLD). 2. Opportunities related to physical gold - GoldMInt helps gold investors invest in goldfield development and in trading gold metals.

With regards,
team GOLDMINT

BazkieBumpercar

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I do not really know about this project please d describe in more detail.

dermo

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which operations does goldmint run with gold which ensure the investor with some income?

ianp

full member

Activity: 294

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what is trust management?

thisisnotmyltcusername

sr. member

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how are the commissions distributed?

destruct

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Alexander KOSTIN | GoldMint

_______________________________________________________________

We recently conducted a voting poll to let you decide on our future development plans.
The voters have chosen to extend the ICO, start Ethereum-based development and to continue to complete the Graphene-based solution by the end of next year.
Read the article full the full details!

LINK
_______________________________________________________________

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Alexander KOSTIN | GoldMint

Greetings!

Quote from: mmmmyah on October 16, 2017, 09:55:45 PM

Question: if I buy 1 crypto GOLD, can I take physical possession of the 1 oz gold that backs that crypto unit?

Yes, but this option will come later with the development of the project. We implement this feature to transfer physical gold through borders.

Quote from: Adriano2010 on October 16, 2017, 07:21:38 AM

Is there already ended ICO or will last until 20? And what are the planned exchange for future and next updates features?

We have voting process just done. Our ICO will continue for 3 weeks more after 20th. First exchanges to list ERC-20 tokens are usually Etherdelta, Liqui, YoBit, Tidex, HitBTC. But final decision to list a token lies upon an exchange. Stay tuned to our social channels to get updates firsthand.

Quote from: InfiniteQuant on October 16, 2017, 06:14:36 AM

I'm glad to see that the Voting is moving toward the extension of the ICO Time for 3 more weeks.
But at the same time I hope this will serve a purpose, because it look like you raised 90% of the money during the pre-ICO and I personally want to see that trend moving!

At our pre-ICO we raised $600K only. At our ICO we have already more than $5M collected. Thank you for the trust.

Quote from: Anarchy101 on October 15, 2017, 11:18:23 PM

Say if I want to take a loan from yours but won't I have to put something as collateral to you guys? If yes then how will I send you that collateral?

To take a loan we would take GOLD tokens as a collateral. You can get GOLD tokens from depositing your gold jewellery to one of our coming custody bots. Or you can also buy these tokens at GOLDMINT itself or exchanges.

With regards,
team GOLDMINT

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Alexander KOSTIN | GoldMint

Greetings!

Quote from: spiceminer15 on October 17, 2017, 07:12:49 AM

What difference between MNT and GOLD?

GOLD
Cryptoasset. Cost and buyback are 100% based on LBMA It's application depends on the agreement described by GoldMint company. It's value depends on amount of gold in reserves/ circulation

MNT
GoldMint’s cryptocurrency is used to confirm GOLD cryptoasset transactions. Amount of MNT determines amount of GOLD transactions. Growth of MNT depends on turnover of GOLD.

Quote from: nenelsparadise on October 17, 2017, 07:19:59 AM

what is goldmint?

GoldMint is a blockchain-based company that helps gold owners trade, loan, invest in and use their GOLD assets, that are 100% backed by physical gold, for profit.

Quote from: CryptoPromotions on October 17, 2017, 07:30:30 AM

what is the key idea of the project?

GoldMint buys, sells and repurchases GOLD at the current market price for physical gold. The company uses exchange-traded funds (ETF) or physical gold (of 999 quality) as its security. GoldMint's gold reserves equal or exceed its mined amounts of GOLD.

With regards,
team GOLDMINT

Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️ - page 85. (Read 169030 times)