Greetings!Will this be ethereum based token or you guys will create a different wallet in order to store the GOLDMINT tokens?
Our ethereum blockchain usage is just a temporary solution. After the launch of our own Graphene based blockchain we will transfer all ERC20 kind MNTP tokens to MNT. Our custom-tailored blockchain will contain GOLD and MNT tokens only with its own wallet implemented.
I am trying to wrap my head around the concept you described:
- 'GOLD' is a digital asset emitted by GoldMints custom-built blockchain platform.
- 'MNT' Token is what participants of this ICO is purchasing.
1) What is the relationship between 'Gold' and MNT Tokens?
2) How does holders of MNT Tokens in an exchange (eg, Hitbtc) collect the 75% of commissions from GoldMint Blockchain you mentioned?
The project does sounds like a keeper, hope it is a success!
We are going to develop a graphene blockchain containing two tokens: GOLD and MNT(MNTP). MNTP token are 7$ each and now available for sale here. MNTP tokens are not gold-backed but they bring profits to the holder by verifying transaction blocks according to tokens stake held. GOLD tokens are backed by a gold ounce each with an equal price. These will get issued in 2018 only after our blockchain launch.
MNT token holders can get profits by holding tokens on our implemented wallet only.
Have you passed the Howey test? You promise to "buy back" tokens at markets price it seems like a security token.
What exchanges will list your token?
Our MNT tokens pass Howey Test. We meet all the requirements of SEC regulations and can't be determined as securities. We can provide you more details such as a compliance review but only in our telegram chat:
https://t.me/goldmintioWith regards,
team GOLDMINT