Greetings!

Quote from: JENREM on September 15, 2017, 02:50:08 AM

saying your minimum cap is 1m dollards and you already raised the 600k USD on pre sale, is that means that once you raise the 400k usd, means you already reached the minimum goal funding?

Our pre-ICO was our pre-financing to do the future promoting. We didn't even have a website. These 600K doesn't count to our upcoming ICO.

Quote from: finles_mngr on September 15, 2017, 06:42:16 AM

Is it backed by real gold??

Each GOLD token is backed by an ounce of physical gold with a guaranteed anytime buyback by GOLDMINT itself.

Quote from: bravetheheat on September 15, 2017, 07:21:07 AM

I don't understand the purpose....

This coin is just another thing like USDT or bloclchain version things.

But how could you link your coin with the gold. It means that I can give you coin, and you must give me gold as exchange

We are not like USDT. First of all price of USDT is based on trust only. GOLD tokens price is based on a guaranteed buyback which none of projects today can provide.
Also 90% cryptos think we are just an another token backed by gold. No. None of others gold-backed projects are founded by businessmen who have a real physical gold business with a tangible turnover. Our founders have a living gold processing company "LOT ZOLOTO" having 400kg physical gold turnover monthly and $50M turnover for the past 6 months. They buy unwanted gold jewellery from pawnshops, process and then sell it wholesale to other jewellers. They want to bring their business to another level designing custody bots. Those bots will give a groundbreaking opportunity for refinancing people' physical gold for 28-35% annually only instead of 100-150% you could get in pawnshops. That's the difference.

With regards,
team GOLDMINT