About GoldMint
Technology Overview
MINT is an open blockchain network based on the proof-of-stake algorithm. Technically, the data is transferred to the blockchain from the pawn shops accounting system, or a Custody Bot sends it automatically. After the pawn shop Operator/Custody Bot evaluates the customer’s product and adds it into the pawn shop’s database, the relevant information is recorded in the blockchain.
Transaction Commissions
In order to use the network, pawn shops pay a commission for transactions. 75% of these commissions are received by the holders of MNTP tokens for storing data and participating in transaction verification.
Rewards and GOLD Asset
The reward for MNTP holders is paid in an internal system in crypto asset GOLD. The cost of crypto asset GOLD is tied to the troy ounce of 24K gold. Token holders should launch a Master Node in the MINT blockchain to receive a reward.