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I like Dynasty and Spay just taking a bit longer but do think will come good !!
joeblogg
what makes you quietly confident?
duke, ill find a way to contact you chap
Duke what makes you think seller not done? I am quietly confident this will come good soon whether dynasty or Spay first.
Trades yesterday did feel different and it did look like the seller had stopped
not sure the seller is done Duke !!!
as we've agreed for a while, this needs a catalyst, you didn't answer my previous question to you?
one assumes you were unable to elaborate ;)
Took a few here today.
gla
The last full update on Satoshipay was less than 3 months ago in an RNS dated 15/12/20
Update on SatoshiPay Investment
Blue Star Capital plc (AIM: BLU), the investing company with a focus on esports, payments, technology and its applications within media and gaming, notes the following update made by its investee company SatoshiPay.
SatoshiPay has today announced that, in respect of DTransfer, it has signed an agreement with German Bankhaus von der Heydt ("BDVH") to become the first user of the bank's fully compliant euro-backed stablecoin ("EURB").
BDVH, in partnership with Bitbond, has introduced EURB on the Stellar network. Bitbond was responsible for the development and integration of EURB and BDVH provides its banking infrastructure and regulatory framework. EURB is the first fiat asset directly backed by a banking institution on Stellar and will allow instant money transfer on blockchain.
SatoshiPay intends to integrate EURB into its cross-border money transfer service. BDVH establishes a stable on and off-ramp for EURB transactions with instant EUR-based bank transfers within the Single Euro Payments Area (which comprises 36 European member-states). This will provide users with an easy solution to instantly send and receive euro-based payments.
Blue Star currently has a 27.7% interest in SatoshiPay's share capital.
Meinhard Benn, CEO of SatoshiPay commented, "We are very pleased with progress made in 2020, particularly in the B2B cross-border money transfer space by launching our new service DTransfer. We are seeing strong market interest and have signed 11 business clients from around the world, expecting to transfer over £70m annually using DTransfer. This is just the start, as new clients are being added every month. It feels like we have created a hit product and we will endeavour to build recurring revenues in 2021."
Tony Fabrizi, CEO of Blue Star commented, "Today's announcement regarding the issuance of a new Euro stablecoin on the Stellar network is further evidence of the growing momentum and support building behind SatoshiPay's DTransfer cross border payments platform for businesses. There is clearly strong appetite for the product and we look forward to reporting on the company's progress next year."
So having launched Dtransfer in September 2020 if they are going to report quarterly we could receive an update in mid March perhaps.
C'mon Bluey, back in the 20's, you know it makes sense......
1st March 2021 does any wiser heads remember when we had any meaningful news re satoshipay has to be close to six months surely.....for me it’s blues key to unlocking share gains or not given there multi million investment other decent plays they have but without S.to me not enough going on to reach even half a penny poor investment plan buy hey as some will say stick or twist
Let’s hope so. It’s got a very very very long way to go before I see an profit. 3 years ago it was at .60, with high hopes for Satoshipay.
you are delusional and obviously a supporter rather than assessing factual information.
Satoshipay has still been operating and held on Blue Star books for the amount of time i state, not the 6 months you state.
it has been an "investment" for Blue Star for many Years , for the much lauded micropayments, which failed to gain adoption within the industry, you have conveniently swept this under the carpet and merely wish to concentrate on the 6 months of Dtransfer.
lets get to that, on the subject of Dtransfer, what progress do you perceive has been made, spell it out for us !!!
what RNS statements have been released to warrant your belief that it will offer us a catalyst?
cut and paste will not help you here ;)
my agenda , as a shareholder, is to see ROCE , not defend a company or an investee company!!!
New Satoshipay is not yet six months old so your comment about 4 years is shall we say misleading.
Satoshipay is now about Dtransfer which was officially launched in Late September 2020.
DTransfer goes live with instant B2B payments between Europe and Africa
22 September 2020
We are glad to introduce DTransfer, an instant cross-border payment solution for businesses. Facilitating first client payments marks the launch of our money transfer platform. DTransfer empowers global business to operate more efficiently by leveraging blockchain technology to transfer funds – fast, cheap and transparently.
Digital, direct and decentralized payments for instant transfers
DTransfer aims to revolutionize the global payment industry, paving the way for a radically modernized international banking system. Utilizing blockchain technology and the Stellar network in particular to connect instant banking networks, DTransfer is able to facilitate instant cross-border payments for businesses. DTransfer establishes a new standard for moving money around the globe with a focus on speed, cost efficiency and transparency.
We have successfully connected our instant payment platform to banking networks in Europe, US, Mexico, Nigeria and Tanzania and are in the process of connecting to further local bank networks, mainly in Europe, Asia, Africa and the Americas.
We know from the December RNS that Dtransfer is making good progress in a large and exciting marketplace. Danny Masters has considerable business acumen and in 2019 became an Director and shareholder . His actions speak a lot louder than your words as did the loan from Stellar.
lol...the "piece of string" is over 4 years old with Blue Star and is fraying
how long would you wish to leave it prior to seeing a modicum of progress if this were your business?
as an owner of multiple businesses, i would not have let it carry on this long, though i do understand , to an extent, why Tony Fabrizi did !!!
however, new broom at the helm, with all his contacts he will now decide as to whether it is worthwhile to continue this protracted "investment"
Guys, Thanks for drilling down and sharing. There are some serious players around this, I don't think we've been given a time frame for SatoshiPay to achieve critical mass, but it probably like a piece of string you can't push it it has to be pulled through buy the users. Its a busy market place and difficult to get a handle on how well progess is going. Looking back at the RNS releases, we get a SatoshiPay update every 6 months or so.
he is an ex city guy, he is invested to the tune of £700k , i believe.
however he has been working with Meinhardd for over 2 years now, what has come of it?
so i wouldn't apportion too much confidence or credit to Danny Masters, he's achieved naff all for Blue Star as of yet !!
Interesting that this guy Danny Masters became a Director and Shareholder in 2019. He certainly knows his stuff in this area and a big vote of confidence for him to have become a Director I assume to get involved in Dtransfer.
This led me to do some research at Companies House which led to uncovering another interesting shareholder amongst the 15 shareholders namely Galloway Ltd which those of you who are familiar with Jim Mellon will know is the company he uses to hold his investments. I imagine he bought the shares when his company FFWD was a shareholder before they sold their shares to BLU. Clearly he decided to keep his shares. A good name to have on your share register
I think Satoshipay and Dtransfer will give us a very pleasant surprise this year.
Cheers - That’s all new info to me.... and the fact that Danny Masters is a Director at Satoshipay bodes very well. This may be old news to some but He’s an ex city big hitter with the likes of JP Morgan and for the last 10/15 years has been a pioneer in the Crypto space. He was involved in the early funding rounds for Satoshipay and from memory has invested around €800k... he said investing in Satoshipay after meeting Meinhard was one of the ‘easiest and quickest’ investment decisions he has ever made....
In Dec they were already making criss border payments of over 70 mill with an ever growing client base.. looking forward to the next update (plus Dynasty.....)!!!!
Satoshipay don't get a mention but its worth a watch to get a overview where it is projected to fit in. Will it have enough volume to be a player or worth a takeover bid.?
https://twitter.com/DTransferHQ/status/1364953083999113225?s=19