Greetings!where does goldmint store its physical gold and which etfs back gold cryptoassets?
GoldMint's gold is locked up in its storage reserves. The amount of gold and the ratings of this gold are confirmed by bank statements which are uploaded in the GoldMint blockchain to guarantee transparency.
could you give us an example number of the cost storing gold? (e.g. in the usa or switzerland)
The average fee for storing physical gold is 0,25% from its estimated value a year.
will there be any auditing of goldmint assets?
An auditor from an objective TOP 100 audit company checks GoldMint's accounts each month and confirms that its gold reserves tally with its accounts and with its GOLD emission. On top of that, GoldMint has its own GoldMint internal auditor check its accounts several times a month.
With regards,
team GOLDMINT