Topic: [NLG] The even greater Gulden thread! - page 56. (Read 47040 times)

You can now once again buy and sell Guldens in your applications directly into Euros.

I have noticed low supply coins are maintaining Satoshi price against bitcoin, so the $$ value us moving with bitcoin. Gulden and coins like Digibyte will always have a hard time when bitcoin is in this phase. Lowering max supply or halving the current reward would bring a higher price.

Besides Doge, high supply coins are doing bad against bitcoin, digibyte has fallen a lot and so has Gulden against bitcoin. GRS is moving close to $1 a coin due to low supply growth.

Having low rewards is a positive when bitcoin is pumping.

It must of been in one of my dreams this 75% drop was taking place, to only wake up to the nightmare that is reality.

NFTs on the Gulden blockchain
What is a NFT (Non-Fungible Token)

A
You collect smurfs… A limited edition smurf comes out, 10 pieces. Very exclusive. With this smurf comes a certificate. The certificate says which of the 10 you have. You buy no. 2 of 10. Other people want this one too, so you offer money for it.
This seems very clear to me and now it gets interesting… Because this is a NFT:

B
You collect digital smurfs. A digital smurf comes out, unlimited number. Anyone can view/save/share the smurf. 10 digital certificates come out in addition to the digital smurf. On the certificate there is a reference to the digital smurf, a link for example. In addition, the certificate says which of the 10 you have. You buy no. 2 of 10.
The digital certificate is the NFT.
With A., the value is based on how many smurfs there are. With B., the value is based on how many certificates there are. This is, of course, very strange… though. So why is that certificate worth so much, if it is no longer about the item the certificate refers to. After all, the item is not scarce. Anyone can have the digital smurf. For that, we need to look at where the certificate comes from… namely, from the publisher of the digital smurf. The source.
Suppose a digital smurf comes out and some random person attaches a digital certificate to it. There won’t be anyone who wants to pay for that. However, if the publisher of the digital smurf issues the certificate, people do want to pay for it.
Suppose you issue a digital certificate of a tweet posted by the founder of Twitter… Would anyone be willing to pay money for that? Probably not. But suppose the founder of Twitter issues a digital certificate for a tweet posted by him….
What’s the difference? Simple, the value arises at the source. The only thing relevant is who issues the certificate.
Suppose you buy a book in the store, anyone can buy that book. It is issued without limitation. But now the author gives a book presentation. Afterwards there is a queue at the writer’s desk, people have the book in their hands and want something from the writer. What do they want? A signature in the book… And now suddenly your book is limited. Because the writer has put a signature in it. Is the book different now? Is the content different? No. It’s the same book that everybody has, but yours has a signature in it.
It’s similar to what a NFT is, but with a NFT, the writer puts the signature on a separate piece of paper, not even in your book. So your book remains the same book that everyone else has. But you have the separate piece of paper with the signature.
So why is that signed piece of paper worth anything? Because the signature is from the author. And you can resell that signed piece of paper. Without a book.
What will Gulden do?
Gulden goes back to the essence of the NFT, which will make it easy to understand for everyone and especially easy to use. Both creating and trading. We are going to apply this in a way that is unique, but at the same time incredibly logical. The power lies in its simplicity. In addition, this development was chosen because it has a very large marketing component. Of course, we’ve been working on the technology for years and now it’s time for marketing. With this project we hit both. Not even so much because of the “NFT hype”, but because the promotion component is already automatically included. Of course, that will become a lot clearer once we announce more about this application.
Gulden has been developed over the years with this kind of development in mind, without us knowing what those developments would be. Under the hood it is transactions, it is blockchain. That means that Gulden is absolutely perfect for this, that the way we are going to implement it is incredibly efficient. It’s like our blockchain is tailor made for something we didn’t know the sizes of yet. What does that mean specifically:

Phase 1 — Duration: 2 months
The development on the Gulden Core.

Phase 2 — Duration: 1.5 months (starts simultaneously with Core development)
The UI part of the Gulden app. The “NFT” functionality will be introduced in the Gulden LITE app, but also in a new application developed specifically for this purpose. This application will place Gulden in the background and the “NFT” functionality in the foreground.

Phase 3 — Duration 3 months (starts simultaneously with Core development)
Development of the decentralized trading market for the Gulden “NFTs”. Similar to a DEX, but more efficient and specifically aimed at trading “NFTs” in the apps. This trading market will be decentralized where needed and centralized where it can provide efficiency. In other words, a hybrid form.
Development will start after Witness Sync (testing next week), so it will take about 3 months in total. As soon as

Phase 1 and 2 are ready, large-scale testing can already take place.
In consultation with the GAB it was decided that this project will have the highest priority after Witness Sync because of the developments in the market and the strength of the concept. That is also the reason why we are not yet announcing much about what it will be exactly. Once we are well into the development that will happen.

I do not. Let’s keep it on topic please.

Looks like Krustytheclown is trolling here. Thanks for clearing that up. Do you know of any good projects like this that will have rewards halvings?

What reward drop are you talking about? That’s not happening.
Feel free to join the Gulden’s community Slack and ask questions about the project.

Before I go in big, what am I missing? All this in 1 month and reward dropping 75% in 6 months,  why is the price so bad?

Gulden Monthly Recap February 2021

https://gulden.medium.com/gulden-monthly-recap-february-2021-347c5e731ab5

• Gulden LITE
• Gulden on Clubhouse
• Political party Code Oranje started giving away Gulden
• Crowdfunding platform Gulden.Social has been given a new name
• Buying Gulden directly in the Gulden app
• The Dutch Bitcoin Branding
• The Gulden Bus
• Aat de Kwaasteniet's Medium posts
• Rijk.nl Richlist addresses
• Danny's PlanB website launched
• New stories available in Gulden.Cafe

  why is the price not much higher if the rewards is dropping 75% this year?

In 6 months reward drops 75%, I am buying all the dips.

I am looking to buy up a lot of these coins and store them until after the next halving, can someone confirm when this coin halves in reward like btc?

Things are looking quite lively as of this moment if you'd ask me. Numbers are showing either in price, interactions in social as well as in slack activity from the community.
It's a relief that we've surpassed the required monthly funds to support a permanent development and who knows, a couple of months down the road to finally have access to DNB License so that we can take full advantage of an inhouse exchange, EUR pairings, and so forth.

As for now, it's exciting that we're seeing an extra effort in marketing, constant clubhouse events for Gulden. Robby from Slack is also redesigning his work truck to filled with Gulden branding explaining it. A Gulden-Lite simpler version of the wallet was released a couple of weeks back.

A partnership with BTC-Direct was also formed so that users can finally and once again purchase Guldens directly from the Mobile and Lite wallets. Selling to IBAN will also be possible within the app in roughly two weeks' time from what I've read in Slack.

Gulden will have a new 24 month high against the Euro within the next 2 weeks, charts are showing strong fundamentals.

Next reward change is a decrease,  there won't be another reward increase again, this is the worst it gets and good news for the future when the rewards do come down.

When is the next reward increase?

Big Move

Price is doing good.

https://www.youtube.com/watch?v=_sVAslMqMsM

Gulden Notes:
https://guldenadvisoryboard.com/gab-notulen-13-1-2021/