Hello Steemians !
In super short:
We are: a proprietary trading firm
Our goal: set up and advise a EU regulated hedge fund (CSSF)
A minimum 10% of company capital is always kept in Gulden as ‘cash’ at all time.
Until prime II, company is keeping closer to 20-25% of it’s capital in Gulden.
More details are available at tatchcapital.com
Operations
Tatch Capital bought 20% of GuldenTrader shares 😜 and secure at least in the theoretical realm that:
- GuldenTrader will be our official exchange
- TatchCoin/Eur will be the official pair
- A TatchCoin/NLG pair will be made
- TatchCoins transaction fees on GT will follow white papers and be split 50/50 between both companies.
- Futur securities we might issue will be done in GuldenTrader too
The all idea is to boost GuldenTrader as a safe and trustworthy exchange for Europe. Contrary to most exchange GT won’t use pegged crypto asset to emulate and trade Fiats but the ‘real’ thing 👊 👌 🙌.
Behind this deal, their is more than just a transaction as we (Rogier and I) want it to be a significant partnership.
Tatch Capital shall provide help for UI design and advanced order management and ‘consultancy’ on trading in general.
Another goal is off course to bring volume and potentially institutional money (a bit like Gemini 💸).
This deal also put the idea of Gulden CFD in question, but don’t worry their is plenty of others stuff in the pipe ;)
Luxembourg Stocks Exchange Meeting
Last week we went to a conference about blockchain, robo-advisors, compliance and regulation. I have to say that it was both encouraging and disappointing.
Encouraging as we are in the right direction and way ahead of these large companies (Keytrade, Fundsquare, Gambit, etc).
Disappointing because to make it short and sober they just want to do ‘old school’ banking and services while dropping the blockchain and digital words to investors but with little if no substance behind it 🙈 🙉 🙊.
Back-end
Regarding, Tatch Capital, white papers will be edited to integrate latest changes (as soon as I have time for it) as well as doing some translation. Yesterday was launch a massive attack on the website but everything worked smoothly. If you find issues please let us know.
TatchCoins
Since yesterday (06/06/17) and with the help of Remco (Thanks again mate !), we reached more than 200 000 TatchCoins issued 🚀.
Price per issued coins is now 4€ per coin and is set to be 5€ as soon as tradable on GuldenTrader.
So far TatchCoin is only tradable on Bitshares and require a Bitshares wallet. Bitshares is not perfect but it’s the best compromise we come up with. If you need an account, go here: https://bitshares.openledger.info?r=ttch.
Their is plan to develop our own wallet but not for any seeable futur, and I rather see us integrated with Jaxx, Exodus.io are similar concept. Any good advise, idea, etc is welcome.
Company is now 70% operational already, delays are due to our ‘dear friends’: the banks 🙄. Yet we are waaaay in advance on the schedule/roadmap.
Tradable pair TatchCoin/Euro can be found at https://bitshares.org/wallet/#/market/TATCHCOIN_EUR Feel free to resell them on bitshares against something else than EUR (bitEUR).
You still can purchase coins directly from us in NLG, ETH, STEEM, etc. Just contact me (Cédric) through any channels, please be patient but don’t worry I’ll reply to you all 😎.
As pointed out by Remco, I keep it busy as I’m currently also working full-time as a consultant. It’s a startup too so we are working long hours but I try to remain available on both the Telegram group https://t.me/TatchCapitalCoin and the slack tatchcapital.slack.com anyway ^^
Gulden
Off course I had to say something about the latest move, while long term believer and slack members « knew » that move was coming, I keep it as an additional proof of how ‘smooth’ gulden is.
Patience do pays off
Price action react like on any market but better: with little if no noise (aggressive stophunt, hum hum), which is quite impressive for such a small market. Just take a look at some well known stock and compare both assets on H4 you’ll see what I mean. Yet spread good be better but I guess with the small transaction fee I can’t bash Gulden too much :D
So far Gulden offer us all we expect from ‘money’ (and not currency) and more: smooth, fast, reliable, transparent and professional (thanks Nocks) and with finite supply (how could a currency have value and be 'money' otherwise ? ☠ 💣).
I’m passing on a lot of stuff but at least it should give people a better big picture.
All the best 🤗,
Cédric