The Future

Hello Community,

The last several years we worked and fought to build a growing ecosystem and now we want you to help contribute in our future. We decide together the future of this project, to ensure the majority of the community agrees.

Juld started as an token airdrop to the community, as well as a decentralised exchange but due to the high competition between ecosystems, only one survived. We need to continue to ensure a long history and find a more sustainable path forward. The last 1.5 years we have been building a decentralised crypto Visa Debit Card, which we know is unique on the market. Back in the day when Juld was launched we added a minting function for a variety of scenarios. We have the option to request the mint based on the rules but there has been a lot of resistance. However, minting is never the solution!

We have now reached a stage where funding is important. Institutions and exchanges are willing to cooperate with us and/or invest into our project but not with the actual tokenomics. However, the tokennomics of Juld were build for airdrops and rewards. Therefore, even if we have an amazing product and ecosystem it will be very difficult due to the airdrop and reward model.

There is no question we faced challenges but we didn’t give up and kept the old model as it is “the swap” and decided to build something brand new and unique. We attempted to come back and to support our community. We would like to join a new epoch together where all can find clear structures and strong fundamentals.

Juld structure was build as a swap but with our new unique solution this will never be sustainable and with the minting functionality that was not a problem back in the days will always give us a resistance from the growth.

After careful consideration and our believe into the decentralised governance we invite you to select from three different scenarios, defined below.

We all have the same Target and this Target is to succeed!

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Scenario 1:

Rebrand JulWallet, JulCard, JulD where the allocations are structured to have a proper risk profile for future exchanges listings, VC’s, Investment requests and to be more attractive on the market.

Rebranded Token Details: Total supply: 1,000,000,000

Allocation:

• Ecosystem Fund “Juld rebrand Airdrop included” = 15% (20% unlocked at TGE and remaining linear over 36 months)

• Spend-to-Earn = 50% (Linear over 36 months)

• Team = 20% (12 months cliff* then linear^ over 36 months)

• Advisors = 5% (12 months cliff* then linear^ over 36 months)

• Private Sale (1 Okse = $0.05) = 10% (12 months cliff* then linear^ over 36 months)

*In this timeline there will be no distribution and the distribution starts afterwards ^Constant over entire 36 months

You, as JulD Holder will get an airdrop in the ratio 1 JulD = 0.25 rebranded tokens with a 36 month vesting period: you would get partial access to your tokens each month. Before we announced the 3 Scenarios we did the Snapshot from all JulD Holders, Stakers and Liquidity Providers. If you sell your JulD now because the snapshot is already done, then please don't do it because to confirm the airdrop (if you want) we will have a confirmation snapshot. “If the voting result should be Scenario 1, we will contact the centralised Exchanges and talk to each of them for the token airdrop”.

Other projects have gone with this approach and have been successful.

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Scenario 2:

There would be no change to JulD. However, if needed, consistent with the rules, we would request the minting process from JulD and mint JulD to have reserves and to cover the Spend-to-Earn (Cashback) from our Debit Card System. To be absolutely clear: this is absolutely not ideal as we would love to have the growth potential without changes but Juld was not built for a product like the new one with the decentralised card system. Minting will result in a lack of trust from the community and will be perceived to be ongoing from an outside perspective.

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Scenario 3:

There would be no change to the JulD token. However projects have shown interest in a new competitive, white-labelled product that would be similar, but unrelated to JulD with own Token and own name. We would setup the wallet and card as a whitelabel product for other projects with their own token to make profit with the product. This scenario includes no airdrop because it is a new product where VC’s would join only without JulD involvement.

JulD would continue to carry the minting function because we can’t afford the cash-back and the allocation issue is still in Juld, which does not solve the risk profile problem for big Investors, Exchanges and VC's.

Thank you very much for your time, your engagement and your consistent big community support. Please vote for one of the three presented scenarios to build a future together, which the community and the product deserves.

Best regards The JulWallet Team