The physical gold that backs GOLD asset, is stored in independent banks and custodians all over the world. The number of GOLD assets in circulation should always be equal to the value of gold possessed by GoldMint.

Platform
architecture

The GoldMint platform is built on a private blockchain, based on the Graphene technology. The key advantages of Graphene which has determined the company’s choice is that it is open-source, and offers a full variety of instruments needed to bring our project to life right out of the box. Moreover, it adheres to modern security standards and has a lot of worldwide financial blockchain systems realized on its basis.

  • Private
    blockchain

    This allows us to build a robust and safe architecture with a high bandwidth and the ability to use custom Proof-of-Stake consensus.

  • Vending gold
    storage

    A safe storage that gives the ability to quickly and safely take out loans using gold or gold jewelry as security.

  • GoldMint
    app

    This app creates and proceeds blocks within the private GoldMint blockchain and receives a commission for the processed transactions.

  • GoldMint
    API

    This API allows any financial institution to use GOLD cryptoassets as a means of payment. Furthermore, such an API permits any third-party holder of large gold assets to tokenize their assets and create their own work logic.

How it works

GoldMint — how it works? GoldMint — how it works?
  • BUY 1 GOLD = LBMA +5%
  • SELL 1 GOLD = LBMA +3%
  • UNLIMITED VOLUME
  • 100% BACKED BY GOLD

Goldmint Fees

  • Action
    Fee
  • Buy GOLD for FIAT
    CME
  • Sell GOLD for FIAT
    CME + 0,75%-3%
  • Total fee for FIAT -> GOLD -> FIAT
    0,75%-3%
  • On-Chain transaction fee fix
    0,002 GOLD - 0,3%
  • Demurrage/management fee
    0%
  • Redeem gold bars
    It depends on country and weight of gold.
    There will be a calculator later.

Key features

Cryptoassets GOLD combine the advantages of fiat money on the one hand and precious metals on the other

  • Stable

    Stable

  • Transparent

    Transparent

  • Low commisions

    Low commisions

  • Fast

    Fast

  • Familiar

    Familiar