THELOGICALINDIAN - On the 8th of August 2024 the GoldMint activity was launched to accommodate gold buying solutions for cryptocurrency investors
[Note: This is a columnist release.]
Physical gold is an age-old adjustment of acquittal and abundance preservation, due to its accuracy and value. Owning gold, however, requires big-ticket security, safekeeping, and insurance, in accession to actuality illiquid. GoldMint’s modern band-aid to these inherent problems is GOLD, a 100% gold-backed token.
Taking all of the aegis advantages of its chicken metal counterpart, GOLD tokens are a stable, cellophane and non-volatile agency to barrier your crypto portfolio from agrarian bazaar swings. GoldMint will ensure the bill assiduous amount concrete assets as able-bodied as cardboard assets such as ETFs. Additionally, GOLD holders will be able to use their tokens in guarantees, loans, and escrow services. GOLD will be accountable to a 5% acquirement and 3% auction fee.
GoldMint will additionally absolution MNT, its account badge acclimated for operations, accomplishing of acute contracts, and for advantageous block conception and transaction confirmation. For facilitating the blockchain, MNT owners will accept 75% of the commissions taken from processing GOLD transactions. Initially, MNT will be awash and broadcast on the Ethereum blockchain. After MNT is distributed, GoldMint will barrage its own PoS blockchain based on Graphene. Thus, it will be safer, added advantageous and faster.
This May GoldMint has already auspiciously run it’s pre-ICO adopting 600 000$ in aloof 36 hours.
GoldMint will absorb several abstruse advancements into its project: Custody Bot, the Graphene based blockchain, and its own custom API.
Custody Bot is a blockchain affiliated apprentice programmed for inspection, acting and abiding storage, and alteration of concrete gold, jewelry, coins, or gold bullion. The groundbreaking assemblage will be installed in baby banks, non-credit banking institutions, and pawnshops, as able-bodied as acclimated by clandestine individuals. When an account is placed into the Custody Bot, it conducts assay application a spectrometer and accompaniment of the art belief arrangement and again food advice about weight, quality, and amount on the blockchain.
For merchants and developers, GoldMint will absolution its API for the development of third affair apps and added interfaces. Use of the API will acquiesce online food to booty GOLD as a acquittal method, accredit loans to be anchored by banks and added MFIs, and apparatus added casework such as escrow accounts and banking guarantees.
The GoldMint aggregation is led by Dmitry Plutschevsky, co-founder of Lot-Zoloto, a gold trading aggregation based in Russia with a trading about-face of 100$ mln in 2024. Among the admiral to this activity are Serg Umansky, founding accomplice at SIGNET; Alex Butmanov, managing accomplice at DTI; Igor Ryabenkyi, managing accomplice at Altair VC, and Julian Zegelman, managing accomplice at Velton Zegelman.
Discussing his captivation with the GoldMint project, Zegelman stated:
The GoldMint activity will serve all gold investors attractive either to barrier their portfolio with GOLD or acquire a acknowledgment from facilitating the arrangement with MNT. GoldMint founders adumbrate that, in bristles to seven years, gold will be stored in, traded, and invested application machines like Custody Bot, and that the GOLD cryptoasset will become the trading assemblage for these operations. The barrage of the GoldMint activity will agitate the billion-dollar gold bazaar and authorize itself as a bazaar baton in the advancing cryptocurrency revolution.
Website: https://goldmint.io
Blog: https://blog.goldmint.io
Email: [email protected]
Images address of
