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indeed, a fair assessment
as i have stated previously, i do like companies that are good to their word, we all know business timelines and plans change, however there is no reason , once an expectation is set, not to keep shareholders apprised EITHER way.
which i think explains my current disappointment
@ragnaar
it wasn't and isn't all about satoshipay/pendulum
investors had a reasonable expectation, as it was offered by Dynasty in Q4 2021, that Dynasty would ipo Q2 2022
with regards pendulum / Satoshipay .... i am hoping it proves much quicker than 2023 to "start moving" , , you know far more than i with regards the excellent research you have done, but i would be extremely disappointed if we are still messing around at even 0.5 levels come Q3
sadly down we go... 0.28 breached on intra day.
the newsflow has been very disappointing, we know how markets work, build momentum, keep the market apprised etc
none of that is happening !!!
Gazzleberry
Completely agree with XLM - I have a Sizeable holding and continue to add as I think over the next year or so it could get back to highs
Bowlers - not sure what you were expecting here over the past couple of months - The Pendulum/spacewalk development is really complicated and will take time - it’s been made quite clear that it’s the second half of the year and going into 2023 that things will start moving
Are you a seller Bowler?
I noticed the 3M print.
Blubutton blu is going nowhere fast I should never have bought back into it
@ragnaar and dukee
would be good to see an RNS
i would be creating an RNS to provide the market with detail of all that is happening , much better than radio silence and what is happening now is most definitely price sensitive, as the information you have both provided shows, it adds value to pendulum , which in turn adds value to Satoshipay and thus should be reflected in Blue Star Cap[ital share price.
Duke - contacted Pendulum re this development - official comment ;-))
Since we're currently exploring ways to integrate a multitude of remittance services into Pendulum ,we are thrilled to see the amazing progress our friends at Stellar and MoneyGram is doing. This bodes well for all on-chain fiat services.
Some news here what do wonders
Thanks ragnarr
this is becoming tedious again, requires news and quickly around this major support level.
zero news for nearly a couple of months ..... AGAIN.
i believe most expected news this month, if its no news in june, then we could break support to downside, i do not wish to return to those conditions.
Nighteye - I think further funding was mentioned in correspondence but hadn’t been confirmed - from memory something would be announced soon but can’t remember what medium it was mentioned in - will try and find it
... Guild mentioned in article on e-gaming growth ( originally posted on ADVFN by another poster)...
https://lnkd.in/dDUe_gTi
Sorry, I thought they'd raised a further 15 million recently.. i must of read it wrong
The did RNS about it:
https://www.lse.co.uk/rns/BLU/pendulum-raises-5-million-yfwnpeqvs4jzjkl.html
OK thanks
They raised $5 million via a private placing of PEN tokens so no shares involved and no dilution.
https://medium.com/pendulum-chain/pendulum-completes-5m-private-sale-to-connect-fiat-to-defi-56092a0506e9https://medium.com/pendulum-chain/pendulum-completes-5m-private-sale-to-connect-fiat-to-defi-56092a0506e9
Quick question. If pendulum have recently completed a fundraise why hasnt this been rns? Either blu participated in this to keep current % or we've been diluted down if not.. or did I miss something? Thanks
Pendulum recently produced an article on VCs so this is interesting
Amid crypto market turmoil, Andreessen Horowitz announces $4.5 billion web3 fund
https://techcrunch.com/2022/05/25/amid-crypto-downturn-a16z-debuts-4-5-billion-web3-mega-fund/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvLnVrLw&guce_referrer_sig=AQAAAE-T_Iu-aaSGboQWT8KzTeHbIxq2CZ9bLf8Z81nD-j0v29Dt1aqbJ1XeWGJ3ShEnN_torR5kuW00pGS6Oy2otOmI7AbUTjTunQuNxFhpaelgmu6A_XK33Wu1m0IejE3Bk9dEURg3Vb8JVWlPVP2JahsYOsGrTuQibpqX7BuEGXFc
Related industry info:
Brazil’s Crypto giant collaborates With Stellar To develop CBDC
https://www.thecoinrepublic.com/2022/05/25/brazils-crypto-giant-collaborates-with-stellar-to-develop-cbdc/
This is a very interesting tweet from Lumenswap - we know they are using pendulum for their smart contract layer :-))
Lumenswap
@lumenswap
·
May 25
Lumenswap #bridge will be coming in early June. ?
#Stellar port to other blockchains.
Nice comments from the Technical Grants Evaluator at Web3 on completion of milestone 1.
Dear Pendulum/Spacewalk team,
Congratulations and very nice job implementing that complicated bridge protocol. You seem to be very strong in the web3 fundamentals and we are thankful to have your team in the ecosystem. Please also consider implementing XCMP if that makes sense for your project. Feel free to apply for an amendment for your business plan now that you have a better estimate of the workload. Wishing you continued success with milestones 2 and 3! If you would like to discuss anything technically, such as wasm smart contracts, xcm, xcmp, hrmp, etc., my inbox is open
You sound very confident TheeDuke. It’s almost as if you know something is about to happen!
Yeah mate. Thats kind of what i meant by connected ;-)