Greetings to the whole community, I am passionate about the crypto coins and a follower of good projects. In this new publication I would like to present the GOLDMINT project. I'm sure you've heard a lot about Blockchain, Bitcoin, Ethereum, Crytocurrencies, ICO... but GOLDMINT blockchain is the coolest, and for more details we're going to the following topics:
If we observe how society has evolved, from tribal societies we have moved to a different social structure in the modern world where people work in a specialized way and can do so in a global environment, from anywhere in the world due to the advent of technology and Internet.
WHAT IS GOLDMINT?
Goldmint runs on a decentralized block chain and operates through a digitized cryptographic asset called GOLD whose cryptocurrency value is based on physical gold. The decentralized platform uses a special block chain that helps gold owners to trade, lend, invest and, in general, use their products for profit.
Goldmint buys, sells and repurchases ORO at the current market price of physical gold. The company uses gold futures (hereinafter referred to as "futures") or physical gold (of 999 quality) as collateral. GoldMint gold reserves are equal to or greater than the mined quantities of GOLD.
Just as we know that there are many ICOs underway at this time, Goldmint not only uses gold as a cryptocurrency asset in its cryptocurrency value, but GoldMint has advantages over others. The differences between GoldMint and other cryptocurrency gold block chains include the following:
• GoldMint uses its own chain of blocks and altcoin, called MNT, for GOLD transactions.
• GoldMint uses the Proof-of-Stake where miners are assigned blocks / transactions according to the amount of MNT they have. The participation test (PoS) is faster, simpler and cheaper than the work test (PoW).
• Physical gold and the future are stored in a programmed decentralized storage unit.
• Custody Bot: GoldMint's innovative storage unit is programmed to automatically identify and store gold jewelry, small ingots (up to 100 grams) and coins, without human intervention.
The GOLD cryptoasset features include the following:
• 100% transparency of information on all GoldMint-owned gold, revealing the company's gold reserves and its ability to repurchase GOLD at its current trading price.
• GoldMint uses decentralized blockchain for intelligent contracts and to house their cryptoassets.
• GoldMint uses liquidity and elasticity futures. Futures helps you trade gold much faster than physical gold.
• A secured loan may contain gold, such as jewelry or coins. GoldMint helps you store this guarantee on your exclusive Custody Bot.
• The ability to receive passive income as the market price of the GOLD increases.
• The repurchase of GOLD for fiat according to the current price of GOLD.
• A quick system of user registration and identification.
Benefits of investing in gold
Gold has been seen as a good investment for a long time. Some of the benefits are that it is indestructible and can not be manufactured.
- Low volatility: there is only a certain amount of gold available in the world, as I said before, it can not be manufactured.
This means that as the offer increases, the price increases with it. There is no way to produce more.
- Tax advantages: in most countries that use gold as an investment has tax advantages, in the United Kingdom there is no VAT (value added tax) when buying it, there is no tax on capital gains and tax relief when you use it as part of a pension.
- Low risk: many investors worry that it is another banking crisis. Many savers have shifted their investment to gold, as it is often considered a low risk investment.
The relationship of the cryptocurrency market and Goldmint
Goldmint intends to combine the increase of the cryptocurrency market with the more traditional gold market.
The cryptocurrency market has increased tremendously in 2017, bitcoin has just reached a historical high of $ 5800, an increase of almost 500% in 2017. The total cryptocurrency market now equals more than $ 160 billion.
Combining gold with a cryptocurrency should provide much more stability at its price.
Work system and advantages GoldMint on the traditional method of buying gold
The new platform will give investors a cryptoasset (GOLD), the value of this asset will be based on the price of real gold. The asset will be executed on the blockchain platforms, here are some of the benefits this will offer:
- It acts as a futures contract, giving an agreement to buy gold at a certain point in the future for a predetermined price.
- It allows you to cover exchanges.
- GOLD will allow you to use your gold backed investments as collateral.
- Operating the asset will be faster and much easier.
- You will receive better returns as the price of the ingot increases.
Goldmint states in its technical document that the developers of the project have a long history in both gold and cryptocurrency. Its objective is to convert the asset traditionally used in gold into cryptocurrency tokens.
How will the platform make money?
Goldmint will charge a commission for all transactions made on the platform, including secured loans and commission for transfers made through the platform.
They also aim to earn money by exchanging real gold for gold and income from Custody Bots.
Token Sale Terms
All GOLD assets are backed by real physical gold.
For the first investors, they will have an additional discount on it! See the image below:
ICO and TOKEN details
In the first quarter: token or (digital asset) MNTP will be used as a steak in the Goldmint sales success launched on the Ethereum platform in a limited number of 10,000,000 MNTP and 7,000,000 will be available for public sale on September 20.
In the second quarter: in 2018, the MNTP token migrates to the MNT to verify transactions in GOLD. The more MNT token user, the more transactions you can confirm and receive an additional bonus.
The main objective: 2018: implement the project technically, justify it legally and start cooperating with business partners.
The second half of 2018 will be devoted mainly to the marketing promotion of cryptoactive GOLD and the launch of Custody Bot.
ICO Details: The MNTP token is released in the Ethereum unit using the standard ERC-20 protocol.
How to buy: BTC, ETH
Start ICO: September 20, 2017
Total: 10,000,000 MNT of which 2,000,000 remain with the project team
If the deadline for submitting applications is completed, but the 8,000,000 tokens are not distributed, the remaining MNT pre-release tokens can be issued later on the initiative of GoldMint, but not earlier than 3 months after the official ICO.
Roadmap
Join our team and buy your TOKENS GOLDMINT and enjoy the benefits offered by the most advantageous platform in the market. Do not waste any more time and join our Telegram group so that you can communicate with us and clarify any questions you may have. Do not miss this great opportunity offered by the GOLDMINT project.
Take advantage of the available bonuses from the early stages of pre-sale. (ICO). Visit our WEBSITE so you can find out more about the benefits of this great project.
For more information we invite you to visit the following Links:
Website: https://www.goldmint.io
twitter: https://twitter.com/Goldmint_io
Bitcointalk: https://bitcointalk.org/index.php?topic=2091726.0
Reddit: https://reddit.com/r/goldmintio
Facebook: https://www.facebook.com/goldmint.io
Telegram: https://t.me/goldmintio
Author: Infobtc
Profile: https://bitcointalk.org/index.php?action=profile;u=1720639
Myetherwallet: 0x5cB42C674c1971DB7701A845e9A0c6AAe156d597