What is GoldMint?

"GoldMint runs on a blockchain ledger and works through a digitized cryptoasset called GOLD whose cryptocurrency value is based on physical gold. The decentralized platform uses a special blockchain that helps gold owners trade, loan, invest in and, generally, use their commodities for profit.

GoldMint buys, sells and repurchases GOLD at the current market price for physical gold. The company uses exchange-traded funds (ETF) or physical gold (of 999 quality) as its security. GoldMint’s gold reserves equal or exceed its mined amounts of GOLD.

Differences between GoldMint and other gold cryptocurrency blockchains include the following:

-GoldMint uses its own blockchain and altcoin, called MNT, for GOLD transactions.

-GoldMint uses Proof-of-Stake where miners are doled out blocks/ transactions according to the amount of MNT they have. Proof of stake (PoS) is faster, simpler and cheaper than proof of work (PoW)."

-Goldmint.io
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General

TICKER SYMBOLS
MNTP
ICO / CROWDSALE
September 20, 2017 @ 09:00 AM - November 10, 2017 @ 10:00 AM
CURRENT PRICE
$0.209457
Updated 3 minutes ago via cryptocompare.com
CHEDDUR ALL TIME HIGH
$41,161
Last year
CIRCULATING SUPPLY
1,800,661.54 coins
Updated 5 minutes ago via coingecko.com
MARKET CAP
$377,160
Updated 2 minutes ago
CO-FOUNDER
Dmitry Plushevsky
CO-FOUNDER
Konstatin Romanov
CO-FOUNDER AND CBDO
Evgeny Volfman

Technical

TOKEN
Ethereum ERC20 Token
MONETARY POLICY
Maximum Supply (10,000,000 coins)
PRE-MINED / RESERVED
Yes (3,000,000 coins)
MINEABLE / STAKEABLE
Yes
1
GOLD

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