We’re excited to release our first of many quarterly project updates.

This last quarter was an exciting time for the community and our project as a whole. We accomplished a lot to bring us closer to product rollout and adoption, including the introduction of Golfcoin Rewards and conversion to our new ERC-20 token.

With the new Golfcoin, ERC-20 token, we are well positioned to be the premier universal rewards program for the Golf Industry.

ROADMAP REVIEW OF Q3

  • Introduce Golfcoin Rewards™ ✓  Announced project mission & vision, and filed trademark with USPTO.
  • Launch new website ✓  Golfcoin.cc
  • Release roadmap ✓ 
  • Develop smart contract and tools to facilitate conversion ✓ Open for all old Golfcoin holders.
  • Complete audit of smart contract ✓ Audited by CoinMercenary; determined token was free of security vulnerabilities

CURRENT PROGRESS IN Q4

  • Golfcoin ERC-20 Token launch
  • Swap period opened Q4, November 2nd and ends 12/31/18
  • Formalize advisor relationships
  • Publish White Paper

Note: The Golfcoin to new Golfcoin ERC-20 token swap period opened Q4, November 2nd and ends 12/31/18.

 

We look forward to all the great opportunities ahead of us.

Cheers,

Golfcoin Team

 

Onward and Upward

The new Golfcoin ERC-20 token contract has been launched! Check it out on Etherscan here.

As you will see, the new Golfcoin has a supply of 100 billion tokens. These tokens (i.e., Golfcoin Reward “points”) will be issued as a reward to program members who make purchases at merchants within the Partner Network.

As one would expect, the value of the new Golfcoin will be driven by what users can redeem them for. Partners will be able to customize redemption options and exclusive deals through a web-based portal.

Swap Details

Current Golfcoin holders will be able to redeem their tokens for new Golfcoin Reward tokens at a rate of 10:1.

If your Golfcoin is held on CoinExchange, no action is necessary. CoinExchange has been a great partner through this process and will swap all balances to the new token. We are finalizing the date with CoinExchange, however it will be the first week of November.

ONWARD AND UPWARD

The new Golfcoin ERC-20 token contract has been launched! Check it out on Etherscan here.

As you will see, the new Golfcoin has a supply of 100 billion tokens. These tokens (i.e., Golfcoin Reward “points”) will be issued as a reward to program members who make purchases at merchants within the Partner Network.

As one would expect, the value of the new Golfcoin will be driven by what users can redeem them for. Partners will be able to customize redemption options and exclusive deals through a web-based portal.

SWAP DETAILS

Current Golfcoin holders will be able to redeem their tokens for new Golfcoin Reward tokens at a rate of 10:1.

If your Golfcoin is held on CoinExchange, no action is necessary. CoinExchange has been a great partner through this process and will swap all balances to the new token. We are finalizing the date with CoinExchange, however it will be the first week of November.

As with any entity that hopes to find success, we must have a clear mission for Golfcoin. Thus, going forward, our mission is to make Golfcoin the rewards program for the golf industry. Our goal is that every golfer and golf-related merchant (courses, shops, etc.) will join the Golfcoin Rewards™ ecosystem to the benefit of players, merchants, and the game of golf.

We believe that a rewards program gives Golfcoin the best possibility to achieve widespread industry adoption, and, in consideration of the SnapShot kiosk, that this can happen in a short period of time.

We expect that golf courses and ranges will be very excited about installing SnapShot as it provides an additional method of revenue generation with no upfront costs. We believe that this fact alone, not to mention the other benefits SnapShot provides, will result in hundreds, if not thousands, of kiosk installations. Golfcoin Rewards™ will be fully integrated with SnapShot – enabling users to earn and redeem Golfcoin. This will create a very large user base for Golfcoin Rewards™.

Once a facility has installed SnapShot and users are earning Golfcoin Rewards™, we will work to integrate Golfcoin Rewards™ with their POS system so that golfers can earn and redeem Golfcoin at the facility.

We are working diligently towards this goal, and rest assured, progress is being made!

 

Hello Golfcoin Community –

We are determined to make Golfcoin a success, but that cannot happen without change. The first change that needs to be made is converting to the Ethereum protocol. The new Golfcoin token will be created via a standard ERC-20 contract. This contract will be reviewed by independent auditors before the conversion period begins. We are developing a web app to streamline the conversion process and will release a schedule with detailed instructions on how to convert your Golfcoin in the near future.

Stay tuned for more updates!

Hello Golfcoin Community –

We are determined to make Golfcoin a success, but that cannot happen without change. The first change that needs to be made is converting to the Ethereum protocol. The new Golfcoin token will be created via a standard ERC-20 contract. This contract will be reviewed by independent auditors before the conversion period begins. We are developing a web app to streamline the conversion process and will release a schedule with detailed instructions on how to convert your Golfcoin in the near future.

Stay tuned for more updates!

Hello Golfcoin Community –

First and foremost, thank you for supporting Golfcoin. You have kept this project alive, and it is with great enthusiasm that we take this project forward.

Up to this point, Golfcoin has not met it’s potential. We aim to change that. We believe that Golfcoin can have a major impact on the golf industry, and are confident that with our combined skills and resources we can make it happen.

We are working diligently on a variety of fronts… stay tuned for updates.

Cheers,

The (New) Golfcoin Team