On the 7th of August, 2017, the GoldMint project is being launched to provide gold ownership solutions for cryptocurrency investors. Physical gold is an age-old method of payment and wealth preservation, due to its brilliance and value. Owning gold, however, requires expensive security, safekeeping, and insurance, in addition to being illiquid. GoldMint’s modern solution to these inherent problems is GOLD, a 100% gold-backed token.
GOLD and MNT TOKENS
Taking the greater part of the security preferences of its yellow metal partner, GOLD tokens are a steady, straightforward and non-unpredictable intends to fence your crypto portfolio from wild market swings. GoldMint will guarantee the coins determined esteem utilizing paper resources (ETFs and prospects) and also physical resources. Also, GOLD holders will have the capacity to utilize their tokens in ensures, credits, and escrow administrations. GOLD will be liable to a 5% buy and 3% deal expense.
GoldMint will likewise discharge MNT, its utility token utilized for operations, usage of keen contracts, and for compensating piece creation and exchange affirmation. For encouraging the blockchain, MNT proprietors will get 75% of the commissions taken from preparing GOLD exchanges. At first, MNT will be sold and dispersed on the Ethereum blockchain. After MNT is appropriated, Goldmint will dispatch its own particular PoS blockchain in light of Graphene. In this manner, it will be more secure, more profitable and speedier.
Bleeding edge BLOCKCHAIN INTEGRATION
GoldMint will join a few mechanical progressions into its venture: Custody Bot, the Graphene based blockchain, and its own particular custom API.
Care Bot is a blockchain associated robot modified for investigation, impermanent and long haul stockpiling, and exchange of physical gold, gems, coins, or gold bullion. The pivotal unit will be introduced in little banks, non-credit monetary organizations, and second hand stores, and utilized by private people. At the point when a thing is put into the Custody Bot, it conducts investigation utilizing a spectrometer and best in class measuring framework and after that stores data about weight, quality, and incentive on the blockchain.
For vendors and engineers, GoldMint will discharge its API for the advancement of outsider applications and different interfaces. Utilization of the API will enable online stores to take GOLD as an installment technique, empower credits to be secured by banks and different MFIs, and execute different administrations, for example, escrow accounts and money related assurances.
THE GOLDMINT TEAM AND ADVISORS
The Goldmint group is driven by Dmitry Plutschevsky, prime supporter of Lot-Zoloto, a gold exchanging organization situated in Russia with an exchanging turnover of 100$ mln in 2017.. Among the guides to this venture are Serg Umansky, head of portfolio administration at Whiteridge Investment Funds; Alex Butmanov, overseeing accomplice at DTI; and Julian Zegelman, overseeing accomplice at Velton Zegelman.
"I like the venture group and their vision of turning into the first and biggest player in the gold tokenization showcase as one of the benchmark budgetary resources." – Julian Zegelman Goldmint Advisor
The GoldMint venture will serve every gold speculator looking either to fence their portfolio with GOLD or gain an arrival from encouraging the system with MNT. Goldmint originators foresee that, in five to seven years, gold will be put away in, exchanged, and contributed utilizing machines like Custody Bot, and that the GOLD cryptoasset will turn into the exchanging unit for these operations. The dispatch of the GoldMint venture will upset the billion-dollar gold market and set up itself as a market pioneer in the coming digital currency insurgency.
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