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it does, appreciate your explanation and thoughts.
atb
blu
Blu - Im actually trying to digest this comment myself. 0xamber is going to be a forex AMM dApp built on the Pendulum blockchain/Parachain, but from this comment it seems to refer to 0xamber developing into a cross-chain dApp in its own right. Undoubtedly it will utilise Pendulum on-off ramp to fiat and spacewalk cross bridging (Pendulum have already stated additional blockchain bridges with spacewalk)
In truth the Polkadot relay chain has been a late entry into the Defi market and although(in my view) probably the most efficient and future proof ecosystem, it is currently way behind Ethereum in terms of Defi market share (currently over 60%). So my thinking is very good news as it creates far bigger immediate exposure to the marketplace than currently only on Polkadot and technically with the greater utility usage of tokens the higher the token price (both Pen and Ambr)
Hope that makes sense.
please explain your thinking on this ragnarr
i am anticipating that the more platforms PEN lists on , the more demand... MEXC is quite a hurdle to leap to gain the perceived "treasure".
very Interesting message from Dr. Aaron Lindner on Discord
‘0xAmber will launch on Pendulum first (very soon) + on an Ethereum L2 in a few months..’
Remember Satoshipay have retained 5.5% of future AMBR tokens
Bitcoin dominance is highest its been for a long time and most alts are suffering negatively short term, good time for accumulation I think
Nasdaq says institutional appetite in crypto is steady as it plots push into custody, trading
https://www.theblock.co/post/222866/nasdaq-says-institutional-appetite-in-crypto-is-steady-as-it-plots-push-into-custody-trading
PENDULUM got a sound thrashing over the weekend, intra day down to 0.12.
i purchased a few more.
Over 1,200 German banks to offer Bitcoin and Ethereum(ETH) to customers through new partnership.
https://www.crypto-news-flash.com/over-1200-german-banks-to-offer-bitcoin-and-ethereumeth-to-customers-through-new-partnership-will-this-drive-adoption-and-btc-prices/
The bank’s CEO stressed that Bitcoin is only the beginning, hinting that more digital currencies and tokenized assets will be added to its platform in the near future.
5 out of 7 roadmap items completed, the other 2 to follow in early april..a couple of weeks so a tiny delay. I'm in no hurry for the Dynasty IPO either...more money in the bank.
Delay is always disappointing but taking the positives…
- it’s a relatively short delay,
- it comes on the back of them actually achieving a lot of items as planned (let’s be honest - that’s a game changer for Satoshipay)
- they are owning the delay and from this appear to be communicating well
delay = disappointing.
however the phrase "we only get to launch once" is fair, do it right first time.
Blue Star needs substantive news, it will go n owhere on light volume until we get something to move it... had hoped PEN would push us further , but we are back to reading water in the .2's, all more than a little disappointing.
we don't want delays and certainly not Year long delays, as we have had with Dynasty,
i am certainly hoping its not the case , however i do not want to wait until the valuations of Satoshipay in Q4 before we get a decent move in the share price.
its tedious !!
??Develoment update:
$AMPE's liquidity bootstrapping, and consecutively the trading launch carry over to early April.
While we estimated to be able to roll out the LBP this month, Spacewalks community launch on Amplitude had to take priority
We are currently working on a solution that will enable everyone to participate in the LBP - This requires access to $AMPE.
It is somewhat of a chicken-egg problem, where participants need to own $AMPE to cover tx fees, but LP'ing & trading $AMPE requires exactly that.
We've come up with a solution that is enabling everyone to join the LBP, which should be in the interest of all stakeholders! We only get to launch once.
We'll close March with 5 of the 7 roadmap items (https://pendulum-chain.medium.com/pendulum-launch-roadmap-march-updates-5c8f6d92bf35) completed. Spacewalk launch on Pendulum and LBP for $AMPE carry over to early April.
We appreciate your feedback and can't wait ourselves to get $AMPE on the road. A bit of patience is all that's needed to get there ??
@slugmum
agreed, it is well overdue and is becoming a deterrent to investment rather than a reason for investment.
it is well over a Year now since we expected an IPO or sale, we were guided to expect as much. forget the excuses of the last year , war, inflation, blah blah . Dynasty could have and should have reguided after their failure in Q1 22.
we now approach end Q1 '23 and still nothing from the Dynasty bunker !!
You need to recognize market conditions are poor. I'd rather a robust IPO rather than one for the sake of it. Dynasty continues to grow - that is good news. IPO will be stronger this way.
Dynasty really need to pull their finger out
They were supposed to IPO almost a year ago
Tony needs to constantly be all over them applying the pressure to produce a result
The RNS's we've had in relation to Dynasty have been quite weak in terms of content... there has been very little in terms of what these contract wins are worth to the business from a financial perspective
The last update from Dynasty was almost 6 months ago - surely BLU as a shareholder of Dynasty are due some sort of update from them very soon.
also despite the granular holding would have hoped to have heard a bit more from Fingopay too... after all the only way to get exposure to Fingopay is through BLU. Should Fingopay make a success of one of their products it could spark some new buying pressure here
No qualms from me regarding Satoshipay.... we finally got some jam... I just hope their associated products now start to gain some traction
Gazz - for the record it turns out that figure is pure crypto not CBDCs - apparently since 2021 95.5% of the population have refused to use the e-Naira. surprisingly nobody trusts the Govnt.
We are thrilled to announce the maturation of our Pendulum leadership team, with Daniel Kisluk and Torsten Stüber taking on the roles of Co-founders. Having achieved major milestones such as Pendulum’s launch on the Mainnet and the listing of the PEN token, the time has come to structure the company and optimize for success and scalable growth.
Scaling the Team
The decision to construct the Pendulum parachain on Polkadot was partially driven by the technical scalability advantages provided by the Polkadot infrastructure. Similarly, expanding Pendulum’s leadership team with the addition of new co-founders enables the company to manage our growth and scale up operations effectively. Daniel and Torsten will be joining forces with the existing co-founders, Alex Wilke and Meinhard Benn, in a collective effort to guide Pendulum toward greater success and impact.
Summary
We are delighted to announce the addition of Daniel Kisluk and Torsten Stüber as Co-founders, joining existing Co-founders Alex Wilke and Meinhard Benn. Together, the Pendulum team is ready to scale up operations and continue our journey toward building a more financially inclusive world. Join the Pendulum community on social media for the latest updates and to find out how you can be part of the growing team. We’re excited to have you join us in connecting Forex with the world of DeFi!
About Amplitude
Pioneering the internet of fiat. Amplitude is the sister network of Pendulum on Kusama. It will act as a testing ground for Pendulum applications and network parameters and be powered by the AMPE token.
About Pendulum
Building the missing link between fiat and DeFi through a fiat-optimized smart contract blockchain based on Polkadot’s Substrate. Allowing traditional finance fiat services to integrate with DeFi applications such as specialized forex AMMs, lending protocols, or yield farming opportunities. Developed by SatoshiPay.
lets hope so, goodness knows BLU share price needs it as this is tedious, death by a thousand cuts.
anyone know if TF has got the valuations of Dynasty and Satoshipay underway yet, they can not come soon enough !!!
Have to be honest - I havnt researched the politics - just the stats so will take a deeper dive. tHanks.
taking shape
https://pendulum-portal-alpha.netlify.app/amplitude/bridge
@ragnarr
its a trade, hedge the risk ;)
PS -Looking at recent developments I have a feeling the SEC will loose or come to agreement re XRP - of course its a gamble but I am accumulating a few.
Sorry to be off topic everyone.
Blu - not sure if I have posted this previously but Chainalysis produce a ‘ Geography of Cryptocurrency Report’ Its well worth the read for anyone trying to get to grips with Crypto adoption. An excerpt is here but you can download the full report FOC
https://blog.chainalysis.com/reports/2022-global-crypto-adoption-index/
@ragnarr
agreed, you talk sense !!
atb
blu
Blu / Gaz - completely agree - my comment was slightly tongue in cheek - 8000 odd live coins out there and most are nonsense. Having said that there are over 4000 banks in USA alone, how many of them will survive the digital era over the next ten years.
I think Its regulation that will be the big sea change and the real business case projects will then thrive and potentially become some of the next batch largest companies and point in case for pendulum - 57% of the African population do not have a bank account, yet for example in Nigeria 45% of the population own crypto