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GOLDSMITH

What is the Metaverse?

Whatever it is – it seems to be where Telos and XAYA are headed!


At Goldsmith Money, we talk blockchain based virtual gaming worlds and economies ad nauseam.

Yes – virtual reality platforms are the future of economic marketplaces!
Yes – these platforms will be built on trustless and decentralised blockchains!
Yes – these new virtual worlds will open up NEW and COUNTLESS opportunities for all!

It seems that we are not the only ones saying it.

Today we came across a terrific essay today by Piers Kicks, titled ‘Into the Void: Where Crypto Meets The Metaverse‘.

Piers introduces what is a new concept to us called ‘The Metaverse’.

The Metaverse: a persistent, live digital universe that affords individuals a sense of agency, social presence, and shared spatial awareness, along with the ability to participate in an extensive virtual economy with profound societal impact.

The essay had actually been tweeted out by Tim Sweeny, CEO of Epic Games (think Fortnite). Seeing the BIG game developers were taking it seriously – so should we.

In keeping the concept simple for us – we think of The Metaverse as the ‘OASIS’ in Earnest Cline’s, Ready Player One. However, we accept that there are a myriad of forms a non-fictional Metaverse might take; and, a good deal of time and development to get there.

According to Piers, FIVE converging verticals would drive the emergence of The Metaverse

  • Culture
  • Content
  • Mediums
  • Standards and Protocols
  • Infrastructure.


The foundation for the fusion of the FIVE verticals however would be blockchain – or more specifically, cryptocurrency and non-fungible tokens (NFTs). Piers writes:

I believe that within NFTs and crypto lie the most elegant solutions to the problems of digital scarcity and uniqueness, digital property rights, large-scale coordination across virtual environments, and robust privacy-focused systems that cannot be exploited for the enrichment of few at the expense of many. Without the assumption of a robust economic membrane, the entire concept of the Metaverse quickly collapses. 


Many of you reading this blog post will already have an understanding of cryptocurrency and NFTs. More than likely you are already part of the Telos or XAYA communities, which we work closely with.

For the XAYA team, The Metaverse is their vision. A universal gaming hub, all built upon a traditional Bitcoin, proof of work, blockchain architecture.

XAYA has the infrastructure in place to ensure secure game asset ownership and facilitate safe trade and provably fair gaming. It is also scalable enough to build MASSIVE MULTIPLAYER VIRTUAL REALITIES.

In the case of Telos – fast, oh so fast. Scalable, smart contract functionality – this blockchain can do anything. From facilitating commercial, administrative and governance functions, it provides for a plethora of virtual currencies, NFTs, games and much, much more.

Both blockchains are already making ground in the FIVE verticals and both have stable and talented teams behind them. Either (or both) of these ‘hidden gems’ could easily be a catalyst in the creation of the inevitable Metaverse.

For you budding Entrepreneurs looking to build your fortunes in this new world, you should take a close look at these two blockchain technologies – along with others. According to Piers, you should familiarise yourself with:

  • Bitcoin and Ethereum; Cryptoeconomics.
  • DAOs, DeFi, Non-fungible Tokens, Social Tokens, Cryptomedia.
  • New business models being unlocked by decentralized networks.
  • New governance models being unlocked by decentralized networks.
  • Intersections of crypto with emerging trends such as direct-to-avatar.

In conclusion Piers writes:

The increased financialization of virtual worlds is upon as the technologies to connect thousands of isolated virtual economies are unleashed.

Find the link to the full essay here.

Enjoy the week ahead! Of course if you are a silver stacker – we are sure you will.

GOLDSMITH.

Telos T-Bonds

Increase Liquidity with Innovative DeFi Solutions


For any enterprise, liquidity is the key to success. Remain cashed up and the doors will stay open. Let the cash run out and so too will the lights.

The Telos community believes that exchange listings are the key to liquidity and the financial success of their public blockchain. Unfortunately, the community did not have the funds necessary to meet the expensive exchange listing fees. Undeterred, this determined and decentralised community set about to make the listings happen.

They first formulated a plan to raise funds. It would need to be innovative and it would need to be appealing to investors.

Next they would build the infrastructure required to make to make the initial fundraising a success and build upon this thereafter.

And they did it. They created their own DeFi fundraising solution. It would take the form of non-fungible tokens (NFT) and they would be called…

T-Bonds



T-Bond NFTs would represent a future entitlement to TLOS tokens, purchased at a discount to the current market price. Quite simple really. However, for a decentralised community to devise and execute such a plan – pure genius!

In order to bring T-Bonds to life, the determined developers of the Telos community would need to build a Bitcoin Peg Token, a secure NFT blockchain core and an entire NFT marketplace. Wallet infrastructure also needed to be updated to accommodate the bonds and then the entire system needed to be audited. In conjunction, designers and marketers would need to do their part to ensure investors would be aware of the opportunity when it arose.

The broader cryptocurrency market had not been blind to the fervor at Telos. In fact, in the 8 weeks leading up to the T-bond sale – the TLOS token price would rise 400%.

Well the day arrived – January 25. And the T-Bonds would sell like hotcakes!

All denominations and all lock-up periods – SOLD, SOLD, SOLD!

It was noted that the big discount, 2 year lockups bonds were one of the most popular NFTs. A signal that the market believes that Telos is here for the long term.

In the first 36 hours of the sale, the community is said to have raised over 3 BTC, more than $US100,000 – a fantastic result! However, this was just the first step toward sustained liquidy.

The BTC from the T-Bonds sale will be used to arrange an Uniswap listing at Ethereum. Telos will look to tap into this $150 Billion Ethereum ERC-20 marketplace for future T-Bond issuances.

In addition, Telos will soon launch its Ethereum Virtual Machine (EVM), enabling the Telos blockchain to do everything Ethereum can do – only much faster and at a much lower cost. EVM would provide Telos with addition income as dApp developers seek to reduce costs within the Ethereum network.

Remaining funds from the T-Bond sales would be used to list Telos on other smaller cryptocurrency exchanges. And future sales – well these will be directed towards listings on large exchanges.


Telos has now become an exciting ecosystem of opportunity and development. With more and more decentralized applications joining weekly, along with new investors, speculators and developers.

The community recently published a roadmap for some of their innovative new technical releases, which includes:

  • dStor – decentralised cloud based document storage. (Q1 – 2021)
  • Telos Private – a bridge between exchanges and Telos, for people who prefer to keep their business and personal matters private. (Q3 – 2021)
  • Telos ID – a secure, blockchain based, personal identification system to assist businesses meet their KYC needs etc. (Q3 – 2021)
  • Telos Location (Q3 – 2021) – allows proof-of-location using the Telos blockchain, while paying users to do “location mining” for the system.

Link to the Telos Roadmap here.

Congratulations to all involved in Telos, on the hugely successful T-Bond sale. The future is indeed looking bright for this community of innovative and thrifty blockchain pioneers. Be sure to watch them closely.

Finally and it would be remiss of me not to mention one of the most exciting Telos developments – which is, without a doubt, our very own Daily Telos, Blockchain Diaries. And there has never been a better time to start recording your legacy, forever enshrined within the blockchain, right here at Goldsmith Money – Daily Telos.

GOLDSMITH.


Please note that the author does hold tokens in Telos and did not participate in the T-Bond sale.

Diary saves the day


The Brett Kavanaugh Story


Never has there been a better example of the need for a diary, than the story of US Supreme Court Justice Brett Kavanaugh.

It was in 2018 that Judge Kavanaugh was nominated for appointment to the Supreme Court by President Donald Trump. Fearing conservative values within the highest court, many on the other side of politics sought to put a stop to the certification. Coincidentally, it was at this exact same time when allegations were first raised about Judge Kavanaugh’s involvement in a sexual assault – back in 1982.

How does one go about disproving an event which is said to have occurred 36 years earlier?

With a diary of course!

This diary.



His diary, kept upon a NorthWestern Mutual Audubon Calendar, was deemed substantive enough to clear Judge Kavanaugh of wrongdoing and the confirmation proceeded. If not for the diary however, Judge Kavanaugh’s career may have been left in tatters.

At Goldsmith Money we discuss diaries ad nauseum – diary, diary, diary.

Successful people keep diaries!

Simple.

Yes, it drives self-improvement through focus, reflection and documented achievement. Of course it does. But it is so much more.

A diary could, as in the case above, prove your innocence. Perhaps in a Court of Law or in the Court of Public Opinion.

Judge Kavanagh’s mother, a judge; and father, an attorney – both highly successful in their own right, had drilled into a young Brett, the importance of keeping a diary. As it turns out, it was perhaps the best advice that two loving parents could have given their son. Now it is your turn.

We have given you the tool – Daily Telos. A blockchain diary, which anyone can use.

Daily Telos is an inexpensive means to record your diary, calendar or journal onto a blockchain.

Trustless, decentralised, timestamped and permanent. So long as the Telos blockchain exists, so too will your diary entry. It is quite possible that your legacy will exist upon the blockchain, until the end of time.

We encourage you to give Daily Telos a go today. It is both easy and engaging. The link to the Daily Telos calendar page is below and you will find getting started links there.

It is important to remember, the success of Judge Kavanaugh’s diary in this case, stemmed from his daily use of it. It was the brief, yet daily entries made throughout his life, which demonstrated that his diary was reliable. And that he was a fit and proper person, worthy of the coveted position of US Supreme Court Justice.

GOLDSMITH.


References:
https://www.thoughtco.com/brett-kavanaugh-4176839
https://nypost.com/2018/09/26/heres-what-brett-kavanaughs-1982-calendar-shows-us/
https://www.richardcyoung.com/supreme-court/judge-kavanaughs-diary-a-life-saver/
https://www.westernjournal.com/kavanaugh-detailed-calendar-summer/

Daily Telos Gold 2021 Commemorative

Goldsmith Money Virtual Mint


To celebrate the recent launch of Daily Telos Blockchain Diaries, the Goldsmith Money Virtual Mint is pleased to announce the release of its first edition – Daily Telos Gold 2021 Commemorative.

Daily Telos Gold 2021 Commemorative – Front

The original Edxseverus design combines exquisite alpha-numeric detail, within a beautifully refined and minted waxy lustre. A true reflective vision, celebrating a conceptual framework for personal reflection and improvement.

The commemorative will be tokenised upon the Telos blockchain, at the AreaX NFT gallery.

Only 20 Daily Telos Gold 2021 Commemoratives will be minted, with an initial sale price of 150 TLOS each

Of the 20, Goldsmith Money intends to purchase the first 8. For distribution among the Daily Telos team and early adopters. The remaining 12 will be available to AreaX collectors.

Daily Telos Gold 2021 Commemorative – Back

We do expect demand to be high – so please be quick to avoid disappointment.

May your life be full of joy, in an open and digital blockchain book.

GOLDSMITH.


via GIPHY


Art by Edx Designs
Links:
https://goldsmith.money/daily-telos/
https://areaxnft.com/
https://media.giphy.com/media/MhGi7YhbaYP24NMCu9/giphy.gif

Diaries and Journals

silver ipad

’10 Surprising Benefits You’ll Get From Journaling’


To achieve financial success, just like any other form of success, you must be willing to sacrifice time in pursuit of your goals. Of course one needs to be effective and efficient in the manner in which the sacrifice is made. Which is where a diary, or a more comprehensive journal, becomes invaluable.

Diaries and journals provide you with structure and discipline; along with focus and clarity – all of which should lead to better time management and more productive outcomes.

Contributor to Huff Post and The Utopian Life, Mr Thai Nguyen, describes the following 10 personal benefits of keeping a daily journal or diary. These are:

  1. Stretching Your IQ.
  2. Evoking Mindfulness.
  3. Achieving Goals.
  4. Enhance Emotional Intelligence.
  5. Boost Memory and Comprehension.
  6. Strengthen Your Self-Discipline; ‘Discipline begets discipline’.
  7. Improve Communication Skills.
  8. Healing.
  9. Spark Your Creativity.
  10. Self-Confidence.

You will find the links to the full article at the bottom of this page.


my secret plan to rule the world book
Photo by Ann H on Pexels.com

Goldsmith Money has understood the financial benefits of a journals and diaries for a long time. However, until now they were best kept in a book or in a digital form you could trust. Well now we have the blockchain. And the blockchain has taken diary and journal storage and maintenance to a whole new level.

We developed Daily Telos as a diary / journal tool for all to use. Built on the Telos blockchain, Daily Telos could be considered public, decentralised and trustless. Your diary can never be lost and it can never be destroyed.

Used as an anonymous public diary or journal you can achieve the 10 benefits outlined by Mr Thai Nguyen, with much convenience.

Used as an open public diary or journal – in addition to the above you might be bridging the gap between traditional journaling and modern social media. By publishing specifics of your targets, trials and achievements you will be publicly bound to your goals – without the tiresome commentary, criticisms and trolls that go with it.

The link to Daily Telos is here.



Getting started on the Telos blockchain is the hardest part – but you will find more information here. And really, this is an easy way to make the leap into blockchain.

As for Telos itself – Telos is a rapidly growing 3rd Generation blockchain, with some very impressive people involved in its ongoing development. Learn more here.

Finally, for those on Telos now – what are you waiting for? Why not jump onto Daily Telos and give it a go today!

Goldsmith.


References and article links.

https://www.huffpost.com/entry/benefits-of-journaling-_b_6648884


Anne Frank

A blockchain diary?


Few diaries are more important to the world than Ms Anne Frank’s. The posthumous release of the personal diary she kept in her family’s secret annex in Amsterdam, helped educate the world to the atrocities committed by Germany’s National Socialist (Nazi) party.

Unfortunately for Ms Frank, she did not survive to publish the diary herself. Ms Frank died of exhaustion in the Bergen-Belsen concentration camp. It was her father Mr Otto Frank who found the diary after the war and in 1947 he had it published.

The following year the United Nations adopted a Universal Declaration of Human Rights, to ensure this type of evil would never happen again. No doubt the diary of Ms Frank played a role in this policy development.


Anne Frank’s Diary


So what if… what if Ms Frank had taken her diary to the world in real-time? What if she could have published her diary whilst in hiding, on a public, decentralised and uncensored blockchain?

Might the world have known about the atrocities sooner?

Might this have changed the duration of war?

Might it have made a rescue mission possible?

Or might it have simply meant that the Nazi’s would have found the family sooner?

In the case of Ms Frank, the answers to these questions will remain an unknown. Simply a debate for historical scholars, for many years to come. There is no doubt however, that the Anne Frank Diary has had a profound impact on the world and so too the life of this young girl.

The question remains though…

What impact will your life story have on the world?

Should you wish your life to have an impact on the world, you must do as all successful people do – keep a personal diary or journal.

On 21 December 2020, we published a story on just this very subject.


Yes, within this website we have constructed a diary system, which is built upon a trustless, decentralised and infallible blockchain – the Telos blockchain.

No more carrying journal books. No more relying on the survival of a digital service provided. No more worry about losing your life’s story to fire or theft. Daily Telos enshrines your life and legacy in digital form, within a public blockchain – forever!!

Highly accessible, easy to use and inexpensive, our digital blockchain diary solution is in a league of its own.

To access the diary, just hit the link below. Once in the main diary interface, you will find links to further information.

Daily Telos Home Page


The hardest part of starting your own diary setting up your Telos account. This information page will assist in this process. However, if you would like further assistance, consider joining us at the Daily Telos Community Group on Telegram – link below.

Daily Telos Community at Telegram

You will find that just one reflective diary entry a day will boost your performance in all aspects of life – and will without a doubt, take your story to the world.

Wishing you a very Merry Christmas.

GOLDSMITH.


References:

https://www.smithsonianmag.com/history/how-anne-franks-diary-changed-the-world-180957215/

https://www.annefrank.org/en/anne-frank/the-timeline




The Diary

The hidden secret of successful people


What do Albert Einstein, Winston Churchill, James Cook, Thomas Edison, Mark Twain and Leonardo Di Vinci all have in common?


If you answered – ‘they all kept a diary’, you would be correct.

A log, a journal, a diary – regardless of what you call it, this document is a ‘tool for success‘.

A daily or event driven diary ensures focus, encourages reflection, fosters improvement and documents achievement.


Albert Einstein’s travel diary to the United States recorded his experiences abroad from November 1930 to June 1931. (Photo: The Hebrew University of Jerusalem)

Whether you are a business executive; a sportsperson; a lawyer; a policeman; an artist; parent; teacher; student; blockchain engineer; or manager of a virtual soccer team – you will never reach your full potential without a diary.

Which is why Goldsmith Money has been relatively quiet on the blogging front for the past 3 months. We have been building a tool for you, the Financial Awakened. We have built for you a personal diary tool, which we call ‘Daily Telos’.

The ‘Telos, known in Ancient Greek as the ‘divine purpose’ seemed a highly appropriate name for this tool. Furthermore, it is also the name of the lightning fast, third generation blockchain our digital diary is built upon.

Yes, within this website we have constructed a diary system, which is built upon a trustless, decentralised and infallible blockchain!

No more carrying journal books. No more relying on the survival of a digital service provided. No more worry about losing your life’s story to fire or theft. Daily Telos enshrines your life and legacy in digital form, within a public blockchain – forever!!

Highly accessible, easy to use and inexpensive, our digital blockchain diary solution is in a league of its own.

To access the diary, just hit the link below. Once in the main diary interface, you will find links to further information.

Daily Telos Home Page


The hardest part of starting your own diary setting up your Telos account. This information page will assist in this process. However, if you would like further assistance, consider joining us at the Daily Telos Community Group on Telegram – link below.

Daily Telos Community at Telegram

You will find that just one reflective diary entry a day will boost your performance in all aspects of life.

Wishing you a wonderful day.

GOLDSMITH.


References:
https://www.fromthegrapevine.com/lifestyle/famous-people-who-kept-journal-albert-einstein-marie-curie-mark-twain-charles-darwin


Draining the Swamp

Is this the beginning of the end?


Politicians enriching themselves through their public positions is nothing new – but it is a crime. It is unethical. And it stealing the very people they have been elected to represent.

It has been rumoured that there are some in Washington DC, who may have been enriching themselves at the expense of the American people. In the past they have been referred to as ‘The Swamp’.

Starting this week – the draining of the swamp went into overdrive.


iPhone text message from Hunter Biden to Naomi Biden on January 1, 2019

‘This text message from Hunter Biden to Naomi Biden describes the ongoing schemes by the Biden Crime Family to ensure the Boss (Joe Biden) receives his share of the family money. This is only the tip of the iceberg.’

https://rudygiulianics.com/

The video below by US Attorney and former New York City Mayor Mr Rudy Giuliani, is a must watch.

The video in conjunction with an alleged hard-drive full of incriminating emails will have massive implications for the upcoming US election. And no doubt for many other players in the US political arena.

We will continue to monitor the revelations as they come to hand. What we are likely to witness, is indeed part of our… Financial Awakening.

The following is a link to Mr Giuliani’s new website where you can access the information for yourself.

Rudy Guiliani’s Common Sense

A great many ‘thanks’ to all the brave people exposing crimes against we the people. In this case ‘thank you’ to Mr Giuliani.

So is this the beginning of the end? Please comment below.

GOLDSMITH



Taurion Cubit Faction Coins

Virtual currency designs for a more beautiful blockchain experience.


The team at Goldsmith Money are excited to unveil our first virtual cryptocurrency series.

In honour of the rapidly expanding blockchain gaming ecosystem Taurion, we have minted our first range of virtual tokens, which we are calling our Taurion Cubit Faction Coins – or Cubit Coins for short.

Cubit is a dark and rich precious metal native to the harsh, yet resource rich planet of Taurion.

Cubit is rare, malleable and remarkably beautiful, making it an ideal medium of exchange on the planet.

Naturally Cubits are highly prized by all 3 factions currently occupying the planet. Their prospectors, miners & craftsmen alike, all strive to amass their cubit fortunes. Not to mention the thieves, raiders and pirates who have also made the planet their home.

Wars will be fought over Cubits and the battles will be rife. For some, Cubits will mean success and wealth beyond measure. For others, cubits will mean a lifetime of failed pursuit and shattered dreams.


Cubit Faction Coins – Series 1 (2020)

Artist – EDX Designs


The Reubo

From the water covered planet of Aquarion, this genetically enhanced race of seafaring villagers, now seek land, minerals and cubits on the desert planet Taurion.

Most certainly out of their watery comfort zone – will Reubo technological prowess be enough secure them success on Taurion?


The Jodon

With a strength forged in the lava pools of Lionis, the Jodon are brutal and uncompromising. Answering only to Baron Vostok himself, the Jodon will do whatever they must to ensure this authoritarian regime thrives in this new world.

Alternatively – could Taurion mean an end to the political class warfare, which has plagued Lionis for so many centuries? Whispers are – a ‘cubit revolution‘ is afoot.


The Ephrati

Their home, the lush forest planet of Verdis, is a vision of beauty within a canopy of death. Both flora and fauna can kill in an instant. Regardless, this final race of Earth descendants, is both enterprising and motivated and have managed to tame the planet and survive.

As proponents of free markets and capitalism, will these masters of trade and commerce be able to overcome the strength and technological superiority of the other two factions? Time will tell. And time has historically been a friend to expanding republics.


Get your own custom Cubits!

These are the Taurion Cubit Faction Coins – Series 1 (2020).

If you would like your own customised cubit coin/s, with your own branding / avatar image on the front – please reply to this post with an expression of interest.

Virtual Mint (GM Virtual Mint)

The GM Virtual Mint webpage is currently in production. We hope to have the catalogue page up and running soon. Here you will find all our customisable virtual currency mintings, for your blockchain business, branding and pleasure needs.

GOLDSMITH


via GIPHY


Learn more about the current Taurion Treasure Hunt here.


Gold on the blockchain

INFINIGOLD: Perth Mint Gold Token


Those of the Financial Awakening appreciate two things – the first is GOLD; the second is BLOCKCHAIN. The merging of the two was simply a matter of time. How this merging would take place was all that needed to be determined.

We thought it would have stemmed from the US. New state based precious metal depositories have been built over recent years. We assumed one of the depositories would have then established themselves on a blockchain. Allowing citizens to transact in gold and silver backed tokens, convertible for the metal held in the depository.

We have no doubt that this will still take place. However, it appears that the first institution to take their gold vault to the blockchain may be Australia’s PERTH MINT.

INFINIGOLD has released its Whitepaper 1.1. In collaboration with the Perth Mint they are taking the GoldPass digital certificate to the Ethereum blockchain, as an ERC20 standard token. The token has been aptly named the Perth Mint Gold Token – or PMGT for short.

Each PMGT token is backed by a 1 ounce GoldPass certificate, which is in turn redeemable for 1 ounce of physical gold at the Perth Mint.

Whilst stored physical gold is not allocated to each certificate, the Perth Mint claim that they have the gold available to meet any redemption request. It is also noted that the mint is guaranteed by the state Government of Western Australia – providing addition credit security.

So what do we make of this?


The PMGT is a terrific development for the cryptocurrency industry!

Tokens backed by physical assets will enhance public perception of cryptocurrency generally, as the tokens are now without doubt, a store of value. In time this should encourage more adoption of the tokens as a medium of exchange, outside of the failing fiat systems.

The PMGT could be good investment vehicle for some – just buy and hold. Though if you want to buy and hold gold – wouldn’t it be better to just buy and hold physical? Perhaps.

PMGT will be available for purchase on selected cryptocurrency exchanges for account holders who have satisfied the necessary KYC identification requirements. This in itself will limit early take-up. Once purchased however, these tokens can be moved onto the Ethereum blockchain to be transferred and traded within.

Redemption for physical gold would need to take place back at a selected exchange. This may not deter interest in the tokens though, as many would not be interested in converting anyway. Instead they may be simply looking to peg some of their cryptocurrency wealth to the price of gold – and the PMGT may be an ideal solution.

However, if the desired purpose of the token is everyday trade – forget it. A single transaction on the Ethereum network is costing as much as $US20 at present. The network is being pushed past capacity by the current exploding DeFi demand. The high transaction costs and network limitations will crush any chance of PMGT replacing fiat currency as an exchange medium.

In many ways it is a shame InifiniGold selected the slow and overworked Ethereum network to build their product on. There are so many other options now. In fact, one of our two favourite blockchains, Telos, is already capable of running thousands of transactions per second, with all transactions being feeless.

Furthermore, the Ethereum Virtual Machine (EVM) is built upon Telos, allowing token developers to continue to use their Ethereum style coding, on this profoundly more capable public ledger.

In the end…

the PMGT is certainly a step in the right direction, on the path to Good Money.

You can find more information on the PMGT here.

Have a wonderful weekend all.

GOLDSMITH



Looking for more information on GOLD, try…

And for more information on BLOCKCHAIN, try…