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1/
After very bullish first months of 2021 for @GetProtocol the sentiment has turned around at the beginning of April. Many people took profit and GET/ETH is down around -66% since. I personally think this is the perfect enrtry and there are many catalysts to turn it around:
After very bullish first months of 2021 for @GetProtocol the sentiment has turned around at the beginning of April. Many people took profit and GET/ETH is down around -66% since. I personally think this is the perfect enrtry and there are many catalysts to turn it around:
2/
First of all there was no real reason for the selloff. It started with some large holders taking profit and others panicking. This is normal and happens with every project after such rallies. Fundamentally nothing has changed. It did give everyone else a nice entry!
First of all there was no real reason for the selloff. It started with some large holders taking profit and others panicking. This is normal and happens with every project after such rallies. Fundamentally nothing has changed. It did give everyone else a nice entry!
3/
In the last quarter @GetProtocol processed 216 163 ticket statechanges and conducted buybacks from exchanges and burned tokens worth $57 220 at the moment of burn.
This quarter already 119 793 statechanges have been processed. GET is alive and kicking!
In the last quarter @GetProtocol processed 216 163 ticket statechanges and conducted buybacks from exchanges and burned tokens worth $57 220 at the moment of burn.
This quarter already 119 793 statechanges have been processed. GET is alive and kicking!
4/
Looking at Israel: they are almost covid19 free after vaccinating around 60% of the population. Most Western countries are weeks away from being at the same place. This means that we'll most likely see a lot of restrictions being easened in the following weeks/months.
Looking at Israel: they are almost covid19 free after vaccinating around 60% of the population. Most Western countries are weeks away from being at the same place. This means that we'll most likely see a lot of restrictions being easened in the following weeks/months.
5/
With that we'll see a lot more events. Knowing that the ticketing volume in general is probably down more than 90% due to the virus, I think it's safe to say that the number of tickets processed will increase by a big factor in the coming period (and with it the buybacks!)
With that we'll see a lot more events. Knowing that the ticketing volume in general is probably down more than 90% due to the virus, I think it's safe to say that the number of tickets processed will increase by a big factor in the coming period (and with it the buybacks!)
6/
Fundamentally nothing has changed. #NFT tickets are still hot and many famous entrepreneurs are not only endorsing it but want to implement it.
When you read them describing how ticketing should work in the future, it's like they're word by word describing @GetProtocol
Fundamentally nothing has changed. #NFT tickets are still hot and many famous entrepreneurs are not only endorsing it but want to implement it.
When you read them describing how ticketing should work in the future, it's like they're word by word describing @GetProtocol
7/
The great thing about @GetProtocol is that anyone can easily set up their own ticketing company on top of it (being an integrator through "white-labeling").
GET only offers them the tools to do so. And the requests keep piling in (3 a day on average from parties all over
The great thing about @GetProtocol is that anyone can easily set up their own ticketing company on top of it (being an integrator through "white-labeling").
GET only offers them the tools to do so. And the requests keep piling in (3 a day on average from parties all over
8/
With @GetProtocol shifting to complete decentralization, it will be governed by the token holders. The logical step is for them to buy themselves in. And some big whale accounts have already been doing so, even during this dip. For example this wallet: https://etherscan.io/address/0xe3786bf25e15013fdda09dbe881529d44b9ca239
With @GetProtocol shifting to complete decentralization, it will be governed by the token holders. The logical step is for them to buy themselves in. And some big whale accounts have already been doing so, even during this dip. For example this wallet: https://etherscan.io/address/0xe3786bf25e15013fdda09dbe881529d44b9ca239
9/
The advantages of #NFT tickets compared to regular tickets are obvious to everyone.
Another amazing thing is that the ticketing companies, that integrate the tools @GetProtocol offers, feed from eachother and take eachother's strong points. They improve one another!
The advantages of #NFT tickets compared to regular tickets are obvious to everyone.
Another amazing thing is that the ticketing companies, that integrate the tools @GetProtocol offers, feed from eachother and take eachother's strong points. They improve one another!
10/
So what can we expect in the near future?
We'll see a lot of ticket sales and buybacks, that's for sure!
Not only will the lifting of restrictions boost the ticket sales of @GUTStickets but all the new integrators will thrive as well!
So what can we expect in the near future?
We'll see a lot of ticket sales and buybacks, that's for sure!
Not only will the lifting of restrictions boost the ticket sales of @GUTStickets but all the new integrators will thrive as well!
11/
In the last blog it was hinted that several new integrators, in several countries across the globe, will be integrated on the short term.
There are also talks with big players in the US of A
!
Just one big name joining (which is inevitable) will create a lot of hype.
In the last blog it was hinted that several new integrators, in several countries across the globe, will be integrated on the short term.
There are also talks with big players in the US of A
!Just one big name joining (which is inevitable) will create a lot of hype.
12/
The new #NFT ticket explorer is set to be released on the short term. This will be a groundbreaking explorer that will let you check the validity of your ticket and the entire history it went through.
Much needed transparency coming to the ticketing world!
The new #NFT ticket explorer is set to be released on the short term. This will be a groundbreaking explorer that will let you check the validity of your ticket and the entire history it went through.
Much needed transparency coming to the ticketing world!
13/
Event financing will not only be groundbreaking in the crypto #DeFi space but certainly even more so in the ticketing space.
It will allow investors to invest in a pool of #NFT tickets and reap the rewards of the ticket sales. This is coming this Q! https://medium.com/get-protocol/decentralizing-event-financing-liquidity-x-defi-x-nfts-975f028135f5
Event financing will not only be groundbreaking in the crypto #DeFi space but certainly even more so in the ticketing space.
It will allow investors to invest in a pool of #NFT tickets and reap the rewards of the ticket sales. This is coming this Q! https://medium.com/get-protocol/decentralizing-event-financing-liquidity-x-defi-x-nfts-975f028135f5
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New/upgraded tokenomics
Eventhough I believe that GET's tokenomics are one of the best in the space and will push the price organically, even improved ones are on the way!
With event financing coming, another layer that captures value will be added to the token.
New/upgraded tokenomics
Eventhough I believe that GET's tokenomics are one of the best in the space and will push the price organically, even improved ones are on the way!
With event financing coming, another layer that captures value will be added to the token.
15/
DAO - governance
As stated above: @GetProtocol will be a fully decentralised protocol in the future. The first steps towards decentralisation have been taken.
10 million $GET have been burned and 2,6 million $GET (worth 15 million$ now) will be governed by the token holders.
DAO - governance
As stated above: @GetProtocol will be a fully decentralised protocol in the future. The first steps towards decentralisation have been taken.
10 million $GET have been burned and 2,6 million $GET (worth 15 million$ now) will be governed by the token holders.
16/
These are just some of the catalysts that will change the sentiment. @GetProtocol is still miles ahead when it comes to adoption, tokenomics, problem it solves, ...
It just lacks hype but imagine one of those big shots like @mcuban mentioning GET, let alone implementing it.
These are just some of the catalysts that will change the sentiment. @GetProtocol is still miles ahead when it comes to adoption, tokenomics, problem it solves, ...
It just lacks hype but imagine one of those big shots like @mcuban mentioning GET, let alone implementing it.
17/
We like to joke around in the community that 1000$ is programmed due to the increasing demand (buybacks) and decreasing supply (the bought tokens are burned forever) but one thing is certain:
Time is in favour of $GET holders and patience will certainly be rewarded!
We like to joke around in the community that 1000$ is programmed due to the increasing demand (buybacks) and decreasing supply (the bought tokens are burned forever) but one thing is certain:
Time is in favour of $GET holders and patience will certainly be rewarded!
