GOLDMINT Stable crypto currency, backed by gold.

in goldmint •  6 years ago 

WHAT IS GOLDMINT?
GoldMint runs on a blockchain ledger and works through a digitized cryptoasset called
GOLD whose cryptocurrency value is based on physical gold. The decentralized
platform uses a special blockchain that helps gold owners trade, loan, invest in and,
generally, use their commodities for profit.
GoldMint buys, sells and repurchases GOLD at the current market price for physical
gold. The company uses gold futures (hereinafter – “futures”) or physical gold (of 999
quality) as its security. GoldMint’s gold reserves equal or exceed its mined amounts of
GOLD.
Differences between GoldMint and other gold cryptocurrency blockchains include the
following:
• GoldMint uses its own blockchain and altcoin, called MNT, for GOLD transactions.
• GoldMint uses Proof-of-Stake where miners are doled out blocks/ transactions according to
the amount of MNT they have. Proof of stake (PoS) is faster, simpler and cheaper than
proof of work (PoW).
• Physical gold and futures 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 characteristics of the GOLD cryptoasset include the following:
• 100% transparency of information about all Gold owned by GoldMint, disclosing the
company’s gold reserves and its ability to buy back GOLD at its current trading price.
• GoldMint uses the decentralized blockchain for smart contracts and for harboring its
cryptoassets.
• GoldMint uses futures for liquidity and elasticity. Futures helps you trade gold much faster
than physical gold does.
• A secured loan may contain gold, like jewelry or coins. GoldMint helps you store this
collateral in its unique Custody Bot.
• The ability to receive passive income as market price of GOLD rises.
• Buyback of GOLD for fiat according to the current price of GOLD.
• A fast user registration system and identification.
The GoldMint platform includes:
• Its own blockchain that uses GOLD and MNT cryptoassets.
• Programmed safe deposits – namely, Custody Bot.
• Application Programming Interface (API) for building application software and for helping
GoldMint runs on a blockchain ledger and works through a digitized cryptoasset called
GOLD whose cryptocurrency value is based on physical gold. The decentralized
platform uses a special blockchain that helps gold owners trade, loan, invest in and,
generally, use their commodities for profit.
GoldMint buys, sells and repurchases GOLD at the current market price for physical
gold. The company uses gold futures (hereinafter – “futures”) or physical gold (of 999
quality) as its security. GoldMint’s gold reserves equal or exceed its mined amounts of
GOLD.
Differences between GoldMint and other gold cryptocurrency blockchains include the
following:
• GoldMint uses its own blockchain and altcoin, called MNT, for GOLD transactions.
• GoldMint uses Proof-of-Stake where miners are doled out blocks/ transactions according to
the amount of MNT they have. Proof of stake (PoS) is faster, simpler and cheaper than
proof of work (PoW).
• Physical gold and futures 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 characteristics of the GOLD cryptoasset include the following:
• 100% transparency of information about all Gold owned by GoldMint, disclosing the
company’s gold reserves and its ability to buy back GOLD at its current trading price.
• GoldMint uses the decentralized blockchain for smart contracts and for harboring its
cryptoassets.
• GoldMint uses futures for liquidity and elasticity. Futures helps you trade gold much faster
than physical gold does.
• A secured loan may contain gold, like jewelry or coins. GoldMint helps you store this
collateral in its unique Custody Bot.
• The ability to receive passive income as market price of GOLD rises.
• Buyback of GOLD for fiat according to the current price of GOLD.
• A fast user registration system and identification.
The GoldMint platform includes:
• Its own blockchain that uses GOLD and MNT cryptoassets.
• Programmed safe deposits – namely, Custody Bot.
• Application Programming Interface (API) for building application software and for helping
GoldMint runs on a blockchain ledger and works through a digitized cryptoasset called
GOLD whose cryptocurrency value is based on physical gold. The decentralized
platform uses a special blockchain that helps gold owners trade, loan, invest in and,
generally, use their commodities for profit.
GoldMint buys, sells and repurchases GOLD at the current market price for physical
gold. The company uses gold futures (hereinafter – “futures”) or physical gold (of 999
quality) as its security. GoldMint’s gold reserves equal or exceed its mined amounts of
GOLD.
Differences between GoldMint and other gold cryptocurrency blockchains include the
following:
• GoldMint uses its own blockchain and altcoin, called MNT, for GOLD transactions.
• GoldMint uses Proof-of-Stake where miners are doled out blocks/ transactions according to
the amount of MNT they have. Proof of stake (PoS) is faster, simpler and cheaper than
proof of work (PoW).
• Physical gold and futures 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 characteristics of the GOLD cryptoasset include the following:
• 100% transparency of information about all Gold owned by GoldMint, disclosing the
company’s gold reserves and its ability to buy back GOLD at its current trading price.
• GoldMint uses the decentralized blockchain for smart contracts and for harboring its
cryptoassets.
• GoldMint uses futures for liquidity and elasticity. Futures helps you trade gold much faster
than physical gold does.
• A secured loan may contain gold, like jewelry or coins. GoldMint helps you store this
collateral in its unique Custody Bot.
• The ability to receive passive income as market price of GOLD rises.
• Buyback of GOLD for fiat according to the current price of GOLD.
• A fast user registration system and identification.
The GoldMint platform includes:
• Its own blockchain that uses GOLD and MNT cryptoassets.
• Programmed safe deposits – namely, Custody Bot.
• Application Programming Interface (API) for building application software and for helping
GoldMint runs on a blockchain ledger and works through a digitized cryptoasset called
GOLD whose cryptocurrency value is based on physical gold. The decentralized
platform uses a special blockchain that helps gold owners trade, loan, invest in and,
generally, use their commodities for profit.
GoldMint buys, sells and repurchases GOLD at the current market price for physical
gold. The company uses gold futures (hereinafter – “futures”) or physical gold (of 999
quality) as its security. GoldMint’s gold reserves equal or exceed its mined amounts of
GOLD.
Differences between GoldMint and other gold cryptocurrency blockchains include the
following:
• GoldMint uses its own blockchain and altcoin, called MNT, for GOLD transactions.
• GoldMint uses Proof-of-Stake where miners are doled out blocks/ transactions according to
the amount of MNT they have. Proof of stake (PoS) is faster, simpler and cheaper than
proof of work (PoW).
• Physical gold and futures 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 characteristics of the GOLD cryptoasset include the following:
• 100% transparency of information about all Gold owned by GoldMint, disclosing the
company’s gold reserves and its ability to buy back GOLD at its current trading price.
• GoldMint uses the decentralized blockchain for smart contracts and for harboring its
cryptoassets.
• GoldMint uses futures for liquidity and elasticity. Futures helps you trade gold much faster
than physical gold does.
• A secured loan may contain gold, like jewelry or coins. GoldMint helps you store this
collateral in its unique Custody Bot.
• The ability to receive passive income as market price of GOLD rises.
• Buyback of GOLD for fiat according to the current price of GOLD.
• A fast user registration system and identification.
The GoldMint platform includes:
• Its own blockchain that uses GOLD and MNT cryptoassets.
• Programmed safe deposits – namely, Custody Bot.
• Application Programming Interface (API) for building application software and for helping software components interact.

GOLDMINT PLATFORM
ELEVATOR PITCH

GoldMint is a blockchain-based platform that uses GOLD digital assets, which are 100% backed by delivery futures or physical gold. This means that one GOLD costs the same as one ounce of gold on the Chicago Mercantile Exchange. GoldMint stores physical gold in US Federal Reserve System banks and in Singapore SGPMX custodians, and with the intention that its gold reserves should constantly support or exceed the amount of GOLD assets it has in circulation.

GOLD
CRYPTO ASSETS BACKED BY GOLD

runs on GoldMint blockchain
100% backed by physical gold or delivery futures
can be used as a trust management investment tool (P2P loaning and operations with gold)
transparent, fast and secure payment tool

MNTP
(MNT PRE-LAUNCH)

runs on Ethereum blockchain
overall supply: 10 000 000 MNTP
MNTP will later migrate to MNT (GoldMint Blockchain) tokens to verify transactions of GOLD. The more MNT tokens the user has, the more transactions he or she can verify. 75% from of GOLD transactions commissions are allocated to the miners who verify and validate the transactions.

CUSTODY BOT
VENDING MACHINE FOR TESTING AND SAVING GOLD

The Custody Bot vending machine was developed for P2P lending and is programmed to accept assets, weigh and store gold valuables, after which all data is uploaded to GoldMint's blockchain.

WE PRESENT 2 TOKENS

GOLD
GOLD is a stable coin designed to provide traders and investors with a hedging volatility risks tool.

is equally stable as physical gold and has much lower volatility compared to any other currency;
-brings traditional investors to the market of crypto as it gives them a transparent and reliable tool with a long history behind;
-can be used as a payment instrument for businesses and individuals all over the world;


MNTP
MNTP is a GoldMint utility token sold during ICO which lets its holders an opportunity to earn through it.

-verifying transactions in GOLD and getting a percentage from commissions in GOLD;
-saving money on GOLD operations (the more MNTP a holder has, the lower the commissions are);
-investing in MNTP and its increasing price based on the company’s expansion

GoldMint ICO token

IMPORTANT LINKS & SUPPORT
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
https://t.me/goldmintio

CONTACT US

FOR PRESS:
[email protected]
FOR PARTICIPANTS:
[email protected]
FOR SUPPORT:
[email protected]

author: https://steemit.com/@resus.nguyen/transfers
bitcointalk name: resus
Profile link: https://bitcointalk.org/index.php?action=profile;u=1963448
my wallet ETH: 0x600e7345ef9dD4433D9A86bC7F70DEabc0341987

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