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Four projects that Tavonia and team are working on


Keith
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Hey Guap Family,
I just wanted to share my perspective and understanding on the four major projects Tavonia recently mentioned in Telegram that she and her team are currently working on.  Keep in mind these are short summaries and you'll want to dig further by reading the websites and published papers, and also researching the technology that's referenced, but I'm hoping this at least gives some basic clarity and keeps the community dreaming about what's possible.

Project 1 - Nu MetaVerse
A MetaVerse project being built from the ground up via a new layer 2 Guapcoin blockchain that's structured on top of the current layer 1 Guapcoin blockchain.  In other words, it piggy-backs on top of the current guapcoin blockchain and will allow the Nu metaverse currency, Guapcoin, and other currencies to flow throughout the metaverse, while still remaining connected to the Guapcoin blockchain that's already built and in operation.  See this link for a quick summary about Layer 2 chains: https://academy.binance.com/en/glossary/layer-2 and you can also Google Layer 2 for more a lot more detailed information.  

Furthermore, it's significant to note that Nu metaverse will be connected with the Nu Social Media Platform that Tavonia has already built and been working on, which is part of why the whitepaper articulates that Nu is the first Metaverse that crosses the boundary of virtual reality and reality.  See these links for more information about the Nu Social Media Platform: http://queenrising.com/fly/culture/join-nu-social-media-platform/  and  https://nu.network/

Project 2 - GuapPay
https://guappay.com/
A payment platform solution to help Guap merchants (particularly small businesses) and Guap users gain access to Guapcoin and utilize it as a currency, keeping the money flowing among the Black Community (instead of leaving it), while benefitting the community through transaction processing fees/rewards that stay in the community (those connected to GuapPay as well as stakers and masternode holders).  Read through the pitch deck Tavonia posted, and take a look at the website and you'll see that this solution is all about making it easier for Black Owned Businesses to accept Guapcoin, have access to liquidity, and be given support by a proficient team along the way, while also providing consumers with options like prepaid crypto cards, crypto debit & loyalty cards, and training and support.  All of this built around Guapcoin as the currency and the blockchain hub.
Pitch Deck: GuapPay Deck.pdf

Project 3 - Venture Capital Fundraising
We all know that like any other crypto project, Guapcoin needs money to advance to the next levels.  There have been a lot of crypto projects of all different types and sizes that sell an initial massive amount of coins (initial coin offering) or NFT's  to gain a huge influx of funding.  That's not the route that Tavonia and Guapcoin team chose at the beginning.  This is a bootstrapped, community participated and fundraised project built via grassroots effort.  All too often, you'll hear stories of these projects that took the large initial funding and ran away with it, or the project faded away, and lost all momentum.  Guapcoin is still here with a passionate community, almost 5 years strong, and more catching the vision.  Receiving venture capital would be a huge boost to the Guapcoin ecosystem, project, and capabilities.

Project 4 - XGuap
https://www.xguap.com/ 
 
You don't need XGuap unless you want to trade Guapcoin on a decentralized exchange like PancakeSwap.

Take a look at the website and you'll get some more info.  The goal of this project is to give people more access to Guapcoin, which increases liquidity for everyone.  XGuap is like Guapcoin that's been put in a suitcase/wrapper so it can be traded on the Binance Smart Chain.  Guapcoin gets wrapped in a smart contract code suitcase and that process/conversion results in XGuap being generated and sent to the user's wallet (Trust Wallet, Coinbase Wallet, Binance Wallet, Metamask, etc) to be traded on a decentralized exchange like PancakeSwap.  Or a user buys XGuap on PancakeSwap and then unwraps it (pulls Guapcoin out of the suitcase) via the smart-contract code and receives Guapcoin in their Guap wallet at a 1 to 1 ratio.  Some examples are presented further down.

The community has talked for awhile about how it would be great if Guapcoin was on another exchange besides just ProBit.  The reality is, getting listed on other centralized exchanges (Coinbase, Kukoin, Kraken, etc) requires a large payment of upfront capital and/or a lengthy approval process (sometimes with no responses for months), and that's not the only route to go.  Another option is to utilize decentralized exchanges like PancakeSwap or UniSwap (among many others, but those are two of the larger more well-established ones) and get Guapcoin on there.

A decentralized exchange lets users remain anonymous.  You basically get a compatible software crypto wallet (Trust Wallet, Coinbase Wallet, Binance Wallet, Metamask, etc), connect your wallet to the decentralized exchange of your choice, and make the direct trade from one coin to another.  No registration, no proof of identity, no know your customer steps.  However, it does require some study, learning, and careful attention to detail to have your transactions go through and send funds to/from that wallet, and make sure you're actually getting the coin you want. So users need to proceed with care, watch videos, learn as much as possible before just jumping in, and then start slow with small amounts of coins.  It's not for everyone, and ProBit will still remain a valid option for buying/selling Guapcoin.

XGuap will start on PancakeSwap
PancakeSwap operates on Binance Smart Chain (allowing you to trade coins connected to that blockchain) and UniSwap operates on the Ethereum blockchain (allowing you to trade coins connected to that blockchain). Since Guapcoin is its own blockchain, it can't be traded directly on either of those decentralized exchanges because it's not part of the Binance or Ethereum blockchains.  One option is to create a wrapped token called XGuap that's like a little suitcase to carry Guapcoin on the Binance Smart Chain decentralized exchange.  Part of the reason that Binance Smart Chain was chosen is because it has significantly lower fees than the Ethereum Blockchain.  Read here for more info about wrapped tokens: https://academy.binance.com/en/articles/what-are-wrapped-tokens

Again, you don't need XGuap unless you want to trade Guapcoin on a decentralized exchange like PancakeSwap.  It’s not a necessity for anyone, just an option for those that prefer it.  Here are a few examples:

Example 1 - 
I want to buy Guapcoin.  I’ve never registered with ProBit or any other centralized exchange.  I don’t want to register or maybe I live in a country that won’t allow me to register.  I’ve been able to acquire Bitcoin, Ethereum, Binance Coin, and USDT, and I’m familiar with what’s needed to deposit/convert those and trade on PancakeSwap.  So I connect my wallet to PancakeSwap and make the exchange from the crypto that I have to XGuap.  Then I go to https://www.xguap.com/ and convert my XGuap 1 to 1 for Guapcoin via a smart-contract code, and the Guapcoin gets deposited into the Guap wallet address I specify.

Example 2 - 
I want to sell Guapcoin.  Same story as above except I first go to https://www.xguap.com/ and convert my Guapcoin 1 to 1 for XGuap via a smart-contract code, and the XGuap is deposited to the wallet I specify (Trust Wallet, Coinbase Wallet, Binance Wallet, Metamask, etc). I then go to PancakeSwap and make the trade for the crypto that I want.

Example 3 - 
I want to participate in some crypto defi protocols like lending, staking, liquidity pools, etc on other blockchains.  I have some extra Guapcoin.  I go to https://www.xguap.com/ and convert my Guapcoin 1 to 1 for XGuap via a smart-contract code, and that XGuap gets deposited to the wallet I specify (Trust Wallet, Coinbase Wallet, Binance Wallet, Metamask, etc).  I then trade that XGuap on PancakeSwap for the coin I need to participate in whatever defi protocol I’m looking for.

XGuap Pitch Deck: 

Hopefully all that was helpful!  You can also join Tavonia’s Discord https://discord.gg/7zybbcp2NW to learn more about these projects, teach others, and find out ways you can contribute.  

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  • The title was changed to Four projects that Tavonia and team are working on

This is very exciting to see. There is a network called Overline that is developing technology that connects the main blockchains and plan to exchange on its own wireless network (independent of the internet) built into the New York skyscraper at 111 W. 57th St so things may change pretty quickly. Can wait til that GUAP Blockchain L2 is up and running because I would love to drop have the ClokTen coin on there. Keep up the great work!!!

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  • 2 weeks later...
On 5/3/2022 at 2:39 PM, ClokTen said:

This is very exciting to see. There is a network called Overline that is developing technology that connects the main blockchains and plan to exchange on its own wireless network (independent of the internet) built into the New York skyscraper at 111 W. 57th St so things may change pretty quickly. Can wait til that GUAP Blockchain L2 is up and running because I would love to drop have the ClokTen coin on there. Keep up the great work!!!

Thanks for sharing your excitement and determination, along with your dreams of the possibilities as Guapcoin could connect with other projects through the efforts of its community.  Great things can happen when we work together for the good of all.

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