Golfcoin - New management and website

[Golfcoin]

Happy 2020 Golfcoin Community! We are currently resolving a few issues on the platform Golfcoin has been added to before officially announcing. This delayed the end of year announcement, but we’re still excited to share the development as soon as we can.

Also, a new promo video will be released later this month that we think you will all enjoy. Although the markets have been slow the team is not giving up and we are looking forward to seeing what this new year brings! Thank you for all of your continued support and feedback.

[Golfcoin]

ZelCore has added Golfcoin to their new version 3 desktop platform!

We’ve been extremely impressed by all of their new developments and can’t wait to see what they put out next.

If you haven’t already, download ZelCore and try it out!

https://zel.network/project/zelcore/download.html

[Golfcoin]

Yes sir! We will be releasing a new video soon followed by big updates to the website.

[Golfcoin]

Hi Crypto-Dzayer,

Appreciate the feedback. This video is focused on simplifying cryptocurrency for everyday golfers and businesses so they can understand what Golfcoin is. After speaking with dozens of companies and people in the golf industry over the last few months we found they are still trying to learn the ins and outs of exchanges and wallets and how they will work implementing into their programs or clubs.

While we know much of the community has expert level knowledge, the fact remains that for widespread adoption we will need to make it easier to understand for everyday people. This will subsequently improve volume and enable Golfcoin to be listed on more exchanges. The big takeaway is that more education, including what will be added to the website, will be needed for demographics outside the current crypto community. We hope this makes sense to our long time standing community since some of the new material may seem obvious, but just understand the reasons will be for adoption into the greater golf industry.

Regarding the rewards program, it is something still being developed with heavy input from real golf professionals that are now advising Golfcoin. This information will only become relevant once clubs and golfers understand and can utilize Golfcoin with the simple existing technology that already allows for Golfcoin to be used as a digital currency.

In addition, being that cryptocurrency is decentralized much of what has been discussed for the program are the new opportunities and also limitations it will present to businesses. Many are familiar with centralized apps for their clubs and rewards programs, so before implementing Golfcoin’s main program that the company will need to support we are working with these companies to map out how they will ultimately function to compliment their existing systems.

Lastly, the team would like to thank the community for all of your patience and continued support. We understand it can be frustrating not getting daily announcements like some of the larger companies, but as time goes on we will prove that Golfcoin is here to stay and will inevitably be the main cryptocurrency used throughout the entire golf industry.

For anyone who has not yet seen the new video check it out! 
https://www.youtube.com/watch?v=BZ1vqwUhqzE

[Golfcoin]

Binance V Label and Bittrex Corporate Account actually refer to parts of their listing processes. Official announcements will only be made if those exchanges qualify and approve Golfcoin. Also, as stated we plan on making many web changes and updates so some of the 2020 milestones will be added and/or rescheduled.

[Golfcoin]

While we thank you for your honesty and respect your opinion we couldn’t disagree more.

Maybe if mainstream adoption had occurred and every local and global business was utilizing cryptocurrency and all of them deemed Golfcoin had no use case, but that’s just not what’s happening.

While yes it sucks the markets for Golfcoin have low volume, we’ve continued investing our personal time, money, and efforts because we maintain confidence the use case is strong and has a future. Much of our faith comes from talking to international companies that have serious interest in integrating Golfcoin. However, their interest is more about the use case of how the technology will help their businesses, not the price on cryptocurrency exchanges. In time we truly believe this will change.

The hardest part so far has been conveying to the crypto community that follows Golfcoin that in the real golf industry companies are interested, but not all are ready to adopt the technology due to many factors; coming regulations, volatility, liquidity, mainstream adoption, exchange exit scams, lack of understanding of blockchain, or they are still blueprinting out how this new “decentralized” tech works with former centralized systems.

Furthermore, it’s important to highlight how much this exact same perspective has been held for Bitcoin. Many years went by where people talked about it failing, in fact some still do. We monitor many coins and teams on the market and it never fails. Hundreds of trolls call something a shitcoin for years and then a new opportunity arises and it becomes more sustainable and volume increases.

[Golfcoin]

Welcome back Crypto-Dzayer. Everything you just mentioned has been addressed here or in the State of Golfcoin. It's unfortunate we're seeing a lot of threatening language like this in multiple projects recently. Including projects already listed on Binance. If you had an issue on Facebook you could've direct messaged us here just like many others have in the past and we would happily discuss it with you. It's your choice to open any thread you would like, but I'm not sure what sort of positive impact that will bring to Golfcoin moving into the future.

[Golfcoin]

Crypto-Dzayer, although we’ve mentioned some of this before here’s a quick update on what’s going on and also the repercussions the Coronavirus is causing. Obviously it has created a ripple effect throughout the entire golf industry and to be forthcoming there are major changes being discussed. These are primarily in regards to public events and how the company will adjust in the case of long term industry wide decisions to limit or remove the normal large crowd sizes at professional golf tournaments. This would alter the main use case for Golfcoin, however we do not at all believe it will end our path forward.   

The reasoning behind this is pretty simple. Like many other industries, public events are currently being shutdown or postponed leaving services and businesses wondering how long it will last and how to survive without generating revenue. Our opinion is that this will ultimately create opportunities that were previously not available or focused on. With much of the world now debating remote and virtual occupations this could also increase time and money spent in esports and other virtual experiences. This was an addition to the Golfcoin ecosystem and will be part of the information that will be updated on the website. Timing on releasing these updates has changed due to many factors. As we’ve said before we pay close attention to other projects and how developments and announcements affect their coin prices. Many at this time, even projects listed on Binance, are being hit extremely hard and dropping to all time lows. These are also projects that had major investors or ICO’s which of course Golfcoin was not.

A few recent announcements can be read below:
Golf's US PGA Championship to follow Masters in being postponed-
https://www.theguardian.com/sport/2020/mar/16/us-pga-championship-masters-postponed-golf

Coronavirus update: PGA Tour cancels 2020 Players Championship, more upcoming golf events -
https://www.cbssports.com/golf/news/coronavirus-update-pga-tour-cancels-2020-players-championship-more-upcoming-golf-events/

Coronavirus live updates: NBA, MLB, other U.S. sports pause as CDC recommends 8 week stop for large gatherings -
https://www.cbssports.com/general/news/coronavirus-live-updates-nba-mlb-other-u-s-sports-pause-as-cdc-recommends-8-week-stop-for-large-gatherings/live/

Secondary to the industry news, the fear this virus is causing is having an impact on global markets and as everyone here has seen lately a massive Bitcoin sell off. Many of us have experienced huge increases and drops, however the latest was not a prediction of any trading experts. This has led to many potential investors, partners, and teams (not just in Golfcoin) left to pivot their business models or rethink overall sustainability in their specific industries.

Hopefully this addresses some of your concerns and again if you ever have questions feel free to direct message us.

Sincerely,
Golfcoin Team

[Golfcoin]

We really appreciate your kind words and absolutely understand how hard it is waiting too. Many of us got in at the all time highest and have continued investing our own money and time because we do have such confidence that it will be a success. Of course all of us wish developments were much quicker as well, but we do have some very big companies that we are continuing talks with so that keeps us excited that others in the industry are wanting this to be integrated into golf like we do. Thank you again for your thoughtful response.

[EbenTheva]

We really appreciate your kind words and absolutely understand how hard it is waiting too. Many of us got in at the all time highest and have continued investing our own money and time because we do have such confidence that it will be a success. Of course all of us wish developments were much quicker as well, but we do have some very big companies that we are continuing talks with so that keeps us excited that others in the industry are wanting this to be integrated into golf like we do. Thank you again for your thoughtful response.

Hello GolfCoin,

As you know already, I am also one of those who have waited for many many months, infact more than 4 years now. Not only did I purchase GolfCoin at high Sats, I also had to go through several swaps, including one of 100:1 and  another at 1:10 etc... I don't want to calculate my cost, which is insane and then the opportunity loss which is colossal!!  

But I am here, still supporting you and hoping that you will deliver on your promise soon. We all understand the black swan event that Covid19 has turned in to, but everything that is happening now, is gearing for mass adoption in the Crypto space and please do not let go of the project or it's plans. Golf Coin could win big, if you would stay focused and I cannot expect and wish anything else for you and all of us.

I can understand the frustration we all feel. But as you have mentioned in the previous post, it is the same sentiment shared industry wide. I hope times will change and I wish to say " This too shall pass" and we will see the end of the tunnel.

I hope and pray that everyone in the GolfCoin project are safe and well. May we all thank the team for staying the course and for continuing the project, since that's the only wish and hope we have now.

So stay the course.. stay focused, have hope and wishing the GolfCoin team, the VERY BEST!! Hope to have some seriously crazy good news coming out of the camp soon.

[Golfcoin]

Thank you so much EbenTheva. Comments like this really help keep us going. The team absolutely agrees that Crypto is gearing up for something huge. Even with all time lows for coins on Binance it seems likely the next few months could bring some big changes in the entire industry. Multiple countries are digitizing their currencies which will only draw more attention to existing projects. Currently we are monitoring all of the changes the golf industry is going through to adapt to Covid19 and are adjusting our plans and strategizing for multiple outcomes. TopGolf has also closed all of their venues and it will be interesting to see how they deal with this in the months to come. Article/video below:

https://finance.yahoo.com/video/topgolf-close-venues-due-coronavirus-205658145.html

What the team and our advisors believe is that there will be a point when all of this is over. If the greater golf industry determines that events will change and be more of a virtual experience then we still picture Golfcoin having a solid use case in that scenario too. Also, our greatest hope is that regulations will soon be put in place that will give companies we have had ongoing discussions with the confidence to integrate Golfcoin within their businesses. Fortunately, none of us have gotten sick so we still are working away in preparation for all of the craziness to end and good things to come. Thank you and the community for all of your extreme patience. You are not alone in wishing Golfcoin and the whole cryptocurrency industry would just hurry up and be adopted globally. Like many others we still firmly believe it will.
Thank you again and please be safe and healthy out there.

[EbenTheva]

Thank you so much EbenTheva. Comments like this really help keep us going. The team absolutely agrees that Crypto is gearing up for something huge. Even with all time lows for coins on Binance it seems likely the next few months could bring some big changes in the entire industry. Multiple countries are digitizing their currencies which will only draw more attention to existing projects. Currently we are monitoring all of the changes the golf industry is going through to adapt to Covid19 and are adjusting our plans and strategizing for multiple outcomes. TopGolf has also closed all of their venues and it will be interesting to see how they deal with this in the months to come. Article/video below:

https://finance.yahoo.com/video/topgolf-close-venues-due-coronavirus-205658145.html

What the team and our advisors believe is that there will be a point when all of this is over. If the greater golf industry determines that events will change and be more of a virtual experience then we still picture Golfcoin having a solid use case in that scenario too. Also, our greatest hope is that regulations will soon be put in place that will give companies we have had ongoing discussions with the confidence to integrate Golfcoin within their businesses. Fortunately, none of us have gotten sick so we still are working away in preparation for all of the craziness to end and good things to come. Thank you and the community for all of your extreme patience. You are not alone in wishing Golfcoin and the whole cryptocurrency industry would just hurry up and be adopted globally. Like many others we still firmly believe it will.
Thank you again and please be safe and healthy out there.

This is so wonderful to hear. Thank you so much for your prompt reply - as usual.

I love the fact that we are on the same wavelength when it comes to crypto. It's mind boggling as to how just one incident has turned the world upside down. Social distancing, physical distancing have all promoted the "peer-to-peer" concept of the Crypto Space and hat's off to Satoshi for having that vision in 2008.

I would be eagerly waiting and looking for more news in this space and thank you for sharing your plans and strategies for the future of GolfCoin and wishing you every success as you progress.

Love the fact that you are watching the changes that are happening and changing your approach to win in any case. That I love to hear. Keep at it and know that we support you and are cheering for you.

[Golfcoin]

Thanks so much Crypto-Dzayer, we hope you’re doing well too.

First on the golf side;
We have been watching closely to how different states are reacting to the virus in regards to what is considered essential. While some are choosing to keep their courses closed others have remained open, but it does seem likely that might change. Overall, with many of the tournaments postponed to later this year it’s safe to say this will have a lasting effect on the industry. New article as of today is below.

PGA Tour exploring events without fans-
https://www.golfdigest.com/story/pga-tour-informs-players-to-prepare-for-tournaments-without-fans

On the regulation and adoption side;
If there is any light at the end of the tunnel it could be that this pandemic has brought about the consideration of a Digital dollar here in the U.S. It was on the table as a piece of the stimulus package as a new means of providing money to people and businesses affected by the coronavirus.

This is ultimately what everyone in crypto has been waiting for. If or when the U.S. makes this move it is widely believed digital currency could then go into a phase of global adoption. Unsure if the community has followed this, but in addition to the digital dollar news, Coinbase’s Chief Legal Officer also resigned from Coinbase to oversee the U.S National banking system about a week before the digital dollar idea was floated in the stimulus package. In our opinion this seriously looks like things are being put in place to move into a digital economy.

Coinbase’s Chief Legal officer also resigned to oversee the U.S National Banking System-
https://cointelegraph.com/news/coinbases-chief-legal-officer-resigns-to-oversee-us-national-banking-system

Bitcoin Will ‘Moon’ If The U.S. Creates A New Digital Dollar-
https://www.forbes.com/sites/billybambrough/2020/03/27/bitcoin-will-moon-if-the-us-creates-a-new-digital-dollar/#4457244c2b54

It definitely does seem like it could take some time to move through the pandemic, but we are trying to be optimistic and stay positive. The team has worked too hard and knowing the interest numerous companies have in Golfcoin we refuse to give up.

To echo what EbenTheva said with this one incident turning the world upside down, it will also give companies the opportunity to integrate new technologies and pivot their business models. With blockchain getting closer every day to worldwide acceptance and government’s now tokenizing their currencies we still truly believe this is only the beginning.

[Golfcoin]

Hey Crypto-Dzayer, yes we’re hanging in here still healthy. Hope you and the rest of the community are in good health too. 

Yes we’re waiting on those things partially due to regulation, but also to see how our advisors and partners come out of this pandemic. The entire sport has no doubt been impacted greatly and of course we will want to be able to market relevant information once the industry and whole world recovers from this virus.

[Golfcoin]

It looks like the only liquidity is on AltMarkets DOGE and Altilly's XQR pair, but it's ridiculous to us if a person wanted to get rid of it for that cheap. I guess someone else would get a deal if they have their orders filled.

This is awesome you researched these! The first link is a great article, but one sentence definitely highlights what we’ve been experiencing so far in this industry here in the US.

https://www.pulseheadlines.com/is-bitcoin-legal-in-the-united-states/73817/
“There’s little to no regulation of Bitcoin, which scare away some potential investors, not to mention the complete reliance on technology.”
(Bitcoin Risks paragraph)

The second link gets into the complexity of state and federal laws the US is currently in the middle of. While many states are promoting blockchain technology and others with major restrictions there’s yet to be a consensus throughout the country for solid regulation. However, this does look like it’s changing rapidly. As stated earlier the stimulus packages (while it was later removed) detailed a digital dollar and digital wallet. This is a very good sign to us that this is an important topic to lawmakers.

But please consider we are in a global pandemic right now and the whole market and many companies including Golfcoin is uncertain what the next steps will be to recovery.

[Golfcoin]

Great video! We follow Chico Crypto too, but didn't see this one yet. Hopefully he's right about the digital dollar coming soon. Thanks for sharing

[Golfcoin]

Hi there Crypto,

As you had mentioned, it might take some time getting through the pandemic. Two small updates; AltMarkets has re-opened deposits and withdrawals after over a week of re-syncing the Ethereum blockchain and ZelCore has updated their mobile wallet app so that should now include Golfcoin.

Hopefully we see some developments in the next few weeks as states are beginning to lift lockdown restrictions. There have been many companies that have had to shutdown and it will be interesting to see how the golf industry and sports in general adapt to this new normal. Thank you and the community for all of your patience through these tough times.

[Golfcoin]

All these items were included in the roadmap (that was in the process of being updated) before the global economy was impacted due to the coronavirus. While we addressed this in multiple ways in response to your other questions we’ll make it clear now that much of this is on hold until further notice.

The team’s main objective is holding the company together to make it through the pandemic. Some of these golf companies, including even TopGolf locations like the one in Las Vegas, have been shutdown indefinitely or until businesses recover. It would be irresponsible and unprofessional to try and push or impose any company into making big announcements at this time since many are still trying to find a way forward. There is nothing that we can do other than be understanding since everyone is being hit hard. We are not considering shutting down Golfcoin at this time, but holding it together throughout all of this has not been an easy process.

[EbenTheva]

Hello Team,

Sent you a DM on CanadaGolfCard.com.

Hope you are all staying safe and our thoughts and wishes are with you.

[Golfcoin]

Thank you EbenTheva  Very much appreciated.