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@Rodgetrades... please read again. The timeline 2 to 12 weeks is for launching Dynasty Gaming & Media in four new major partnerships...see below.
We are two years old now, were in, we consider ourselves to be in really good shape, were growing very fast , we are 80 people right now, and we are in the. middle of launching four new major partnerships across Canada, New Zealand, Malaysia and India within the next two to twelve weeks, so we are super busy.
This news could come anytime.... When you have more then one party involved then whoever wants it most will step up and take it. Talks dont last too long. I would think next 60 days most!
We are in discussions with a significantly… large (laugh) one of the largest technology companies in then world right now, and a couple of telco venture funds are really interested in what we are doing.
I'm surprised nobody has mentioned Tencent.
It will be interesting to see if the PEN tokens have the same impact on Blu as the investment in tokens had for KR1.
Hopefully, once Pendulum is up and running SatoshiPay can IPO so we can see what its real value is.
PD
Thee Duke - when you read it back I get the distinct impression that things will be sorted before any IPO.He didnt just mention it in passing, he made a point of bringing it up twice
Well that remains to be seen, because we are launching some significant partnerships at the moment, and our really contracts as mentioned were SAAS only, but everything that we are launching right now is that hybrid model, where we forecast, and ive already talked about… you know, weve got an average of one million dollars fixed fee for a two-year contract, where we see that…managed service revenue share opportunity … we are forecasting an average of six and half million dollars over a two year agreement, for that portion of our revenue mix, across our portfolio. So significantly more than just the fixed fees.
Yeah so we will be in a position to IPO towards the end of the first half of 2022, weve already got lawyers retained…the Auditors are finalising the two years financials so we will be in a position to list in Australia on the ASX… kind of April/May next year. Having said that we are fully focused right now on executing extremely well with these partnerships, when we do list, we want to be in a really strong position, have the right story, we are currently forecasting … running into profitability again around Q2 next year, generating free cashflow… we want to have the right story, the timing has got to be right. At the same time,
we are currently in dialogue with a very large technology business about dynasty and also a couple of Telco venture funds
So if we went out and did an IPO … funds raised we would look to move up that value chain and move more into publishing , obviously we would like to scale the business, we proving that out the partnerships that we are currently launching , we are talking to a number of other large businesses at the moment ..er about partnering with these guys , yea we would just be building our team and moving up that value chain. Still worth mentioning as well there are ...possibly other options on the table, in terms of an alter=native to IPO. We are in discussions with a significantly… large (laugh) one of the largest technology companies in then world right now, and a couple of telco venture funds are really interested in what we are doing.
So when we first started we were, we kind of positioned ourselves as the pure SAAS business so we would deliver and deploy our white label platform for oiur partners and our first couple of contracts, we basically charges a monthly licence fee, and that was it, but we still think that is a great business…particularly when you achieve scale… what we found was, particularly with our telco partners, they really wanted our assistance in terms of driving, building, developing the platform, on the customer side and really build out that eco-system and building in areas of monetisation. Where we have evolved is that pretty much every deal we do at the moment, it still has that SAAS element to it, so our overheads are immediately covered, because everyone signs up to a minimum of 2 years SAAS fee, usually around a million bucks fixed fees, but what weve evolved into a kind of fully managed service business as well where we will work hand in hand with our partners ... which is we we don’t have too many partners… because we do a…deep partnership in each of the markets we go to and we will put a team around each partner in terms of, with regards to building out and really maximising ghat opportunity around multiple areas of monetisation, like voucher sales like bringing in some of ... er ... some global publishers in terms of then doing campaigns, like cloud gaming, like weve partnered with Gameloft around some cloud gaming solutions , like data packet sales and all of those things that can really make it worthwhile for our partners . Yeah so every new partnership that we are currently doing is a combination, so a hybrid commercial model of fixed fees, but revenue share upside, and we are really excited about that upside opportunity… and just to give you an example .. so were…the revenue share that we enjoy is between 20 and 50 percent of all platform generated net revenue over the duration of the agreement. So that’s where we see the really exciting opportunity is for Blue Star and Dynasty ... from a commercial perspective.
There is definitely some really interesting technology being developed, we are spending a significant amount or our funds on product development obviously being a tech business … obvioulsly theres a few thing I cannot talk about because weve got competition out there… a couple of the more interesting things… and anybody in e=sports will realise this, particularly that have er… exposure to some of the south east Asia markets, Africa latam, in that when an on-line tournament is advertised by an event organiser , people pay their admission fee, very, very often, sometimes up to 90 percent of the time, when the tournament is tournament is finished , er the prize pool that has been advertised, disappears and ..(laugh) .. is taken offline and nobody ever gets their can of the prizewinning, so one of the things that Dynasty has created is technology that solved that, we hold all entry fees within escrow wallet, we hold it in escrow rather within Dynasty’s wallet, and then once the tournament is concluded we automatically pay the winners of that event. So that solved that problem, weve a patent pending for that right now, and then some other things, so we have invested heavily in AI machine learning, weve created automated content around education and community, we really see the next wave of gaming monetisation around associated media creation which will allow our partners to grow via some of our platform solutions, and … the rest im not able(laugh) to talk about publicly at this stage Dereck. sorry.
Watch this space
Ok so here are the answers from Matt Lodge. I havnt bothers with Derek Lewes questions - to be honest I am not a fan of his waffling style.
Sure, Hi Dereck its great to be with you, thank you for the invitation. So dynasty is a gaming and media infrastructure provider our partners large Telcos, large media organisations. Essentially what we do is white label a platform ecosystem that enables them to engage their customers, to reduce churn, to monetise their customers all under pone platform environment. So Dynasty provides its partners with the opportunity to participate in and industry as you well know Dereck, and anybody around this industry knows is now twice as big as movies and box office combined
We are two years old now, were in, we consider ourselves to be in really good shape, were growing very fast , we are 80 people right now, and we are in the. middle of launching four new major partnerships across Canada, New Zealand, Malaysia and India within the next two to twelve weeks, so we are super busy. Its interesting that you should say about e-sports Dereck because as you would well know, we started off essentially as an e-sports tournament engine, a real engagement tool… we are actually in the middle of changing our name tomorrow, Dec 1st from Dynasty e-sports to dynasty gaming and media which we feel much better reflects where we are as a business at the moment. We have still got e-sports as that key engagement tool, but we have really layered on for our partners multiple areas of monetisation and further engagement. Things like subscription service, coaching, publishing as a service…erm…and other really interesting stuff that is coming up shortly.