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Very Interesting prospective on where we are now and where we go from here
hxxps://t.co/bFQw37dkDa?amp=1
Mahatma Gandhi is attributed with the quote “First they ignore you, then they laugh at you, then they fight you, then you win,” The digital-currency space has already witnessed the first two stages
And
U.S. Congressman Brad Sherman calling for a complete crypto ban in the U.S. I guess nobody told him that’s not actually possible, but lets say his proposed ban were somehow enforced, it would leave the U.S. in the dark ages when the world flips the switch.
Will The Bitcoin Bubble Pop? Or Will It Envelop Us All?
Very Precarious times for the Crypto sector being under attack from Governmental & Institutional Banking
Warren Buffett once said that as an investor, it is wise to be “Fearful when others are greedy and greedy when others are fearful.”
For Me the future is DeFi & Blockchain ,,I remain a buyer in KR1
History will show me as a Buffoon or a shrewd arse calculated Gambler
If the Below is anything to go ,We are on track
Bluezelle Project update
shorturl.at/cdnr3
Instant global scalability with super speed performance
As a product takes off all around the world, the company needs to deploy new nodes in specific regions. This takes a lot of time and can end up costing a lot while the end users get frustrated. Being decentralized, Bluzelle has nodes already deployed around the world so the company needs to do almost nothing. Speed never slows down as it feels like the database is next to the customer. Bluzelle is clocking 40x faster than centralized solutions.
+
Bluzelle makes it easy to understand as the extra costs that centralized systems charge are already built into the Bluzelle protocol. This will lead to 5–10x savings
+
As the world moved from on-premise to cloud, it is now moving to decentralized and to win at global level, we must address the needs of not just blockchain projects but the wider world of general software. Blockchain projects are early adopters and great catalysts to bring about this new paradigm, but making sure we provide an immediate benefit to the non-blockchain world is where the major revenue will come that drives the token economy we all envision.
Looks very Impressive to Me
The Stigologist 7 Dec '17 - 12:48
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BOTAK5426 Aug '19 - 04:42 - 396 of 399 Edit
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That,s a Massive Coup for Polkadot to be integrated with Blockchain -
According to a blog post published today, Blockchain will integrate BitPay’s payment architecture into its wallet service. This partnership will allow Blockchain wallet users to pay merchants online or on mobile.
BitPay processes approximately $1 billion in bitcoin alone every year for businesses and individual clients and over $2.8 billion in other cryptos for institutional clients since 2011. The firm has built an ecosystem of merchants that accept their payments – including Amazon, Delta, and Hotels.com – because, as a payment processor, it offers the option to settle in fiat currencies and provides invoices.
Likewise, Blockchain is often regarded as one of the world’s largest wallet providers with approximately 38 million users, of which more than half are located outside the United States. Further, the firm’s wallet users account for roughly a quarter of all on-chain bitcoin transactions.
Hotting up for Polkadot & Dfinity launch
BOTAK5431 Aug '19 - 07:11 - 397 of 399 Edit
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Bluezelle Project update
shorturl.at/cdnr3
Instant global scalability with super speed performance
As a product takes off all around the world, the company needs to deploy new nodes in specific regions. This takes a lot of time and can end up costing a lot while the end users get frustrated. Being decentralized, Bluzelle has nodes already deployed around the world so the company needs to do almost nothing. Speed never slows down as it feels like the database is next to the customer. Bluzelle is clocking 40x faster than centralized solutions.
+
Bluzelle makes it easy to understand as the extra costs that centralized systems charge are already built into the Bluzelle protocol. This will lead to 5–10x savings
+
As the world moved from on-premise to cloud, it is now moving to decentralized and to win at global level, we must address the needs of not just blockchain projects but the wider world of general software. Blockchain projects are early adopters and great catalysts to bring about this new paradigm, but making sure we provide an immediate benefit to the non-blockchain world is where the major revenue will come that drives the token economy we all envision.
Looks very Impressive to Me
FailedQS31 Aug '19 - 13:34 - 398 of 399
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Bluzelle looks very interesting - price languishing though - kr1 paid about 10c per token, currently trading at just over 3c..... were trading at about 60c at the peak!......
BOTAK544 Sep '19 - 08:15 - 399 of 399 Edit
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Investment RNS out
hxxps://www.nexexchange.com/announcements?newsid=4444410
KR1 plc (NEX:KR1), a leading digital asset investment company announces that it
has contributed a tota
Just to get a Grip on what we are invested in here , In April 17 they did this - The
Company invested GBP100,000 for 1,279,840 Atom tokens in the ICO, which
successfully raised a total of $16.8 million within 30 minutes of opening to
the public.
In May 19 this - To date, KR1 has generated
15,463 ATOM. The Company is also pleased to announce that it has realised the
accrued revenue from staking yields thus far, realising 15,463 ATOM at an
average price of US$4.76 per ATOM for a total of US$73,671.
A month later this - KR1 plc (NEX:KR1), a leading digital asset investment company, is pleased to
announce that the Company has sold 70,079 tokens in the Cosmos Network ("ATOM")
project at an average price of USD5.14 per token generating proceeds of
USD360,605. These ATOM tokens were acquired at an average price of USD0.10 per
ATOM token during the public ICO in early 2017. Cosmos was one of the Company's
earliest investments and it is proving to be one its most successful to date.
Jeeez X 51 ROI !!!
In addition, KR1 has generated a further 7,008 ATOM tokens from staking
activities over the last four weeks, which it has sold at a price of USD6.93
per token. Since the Cosmos network launch on 14 March 2019, KR1 has generated
a total of over USD122,250 from staking yields and the Company continues to
hold a large majority of its ATOM position, which will also be used in this
way, generating revenues for the Company's operations going forward.
So say average 7000 ATOM token per month via POS , Today,s ATOM Price is $3.45, So average £24.5 K per month/ £300K a year revenue from POS on Cosmos Current market status - Suppressed and chart showing we are in a trough
I mean X 51 ROI on Cosmos Capital lay out alone , without factoring in Polkadot & Dfinity Capital Growth & POS yield
Let,s be conservative and say all 3 Cosmos/ Polkadot/Dfinity gross $1M a year off POS yield , Factor in -
The current average market P/E ratio is roughly 20 to 25 times earnings.
Gives us $20 million on PE
Let, say NAV is another $14 M
Can we currently value KR1 on a PE of $20 + NAV of $14M = $34 Million valuation against Current MC is say $9 million ,
Compelling case for a massive re rate to mirror the stellar ROI
September up Date
Shanghai Blockchain Week
With the approaching Devcon V in Japan, we were represented in Asia to make valuable connections and get some more insight into many of the Asian markets like Korea, Japan and especially China at the fifth edition of the Wanxiang Global Blockchain Summit in Shanghai. We made good connections with particularly two funds that have quite some portfolio overlap with us and share our excitement for the Cosmos and Polkadot ecosystem
shorturl.at/fkmtI
And
shorturl.at/uBMUZ
Ox " ZRX" & Cosmos " ATOM" way ahead of the pack today on the Crypto top 50
George Mcd
Holding up a light in the midst of a depressing storm
shorturl.at/ezLOS
+ October update
https://medium.com/@KR1/kr1-october-update-986f8614c9fe?source=email-8fb98f8a3ac1-1574109273979-digest.reader------0-2------------------7da57ce6_ebab_4524_a7d4_4c13b65fe903-3-----§ionName=author
I think the SP has done remarkably well to hold up @ this level considering recent tanking of CMC,ATOM showing tough resilience whilst all around plummet
KR1 track the the macro of blockchain / Crypto sentiment so when its negative it correlates,So just exactly do you want Bernhard ! Continues upward trajectory ?
In the meantime have a gander @ this latest PR -
https://t.co/heNiHmXVpy?amp=1
DeFi is hitting record figures
DeFi Breaking Records
Despite the 50% slump in total crypto market capitalization over the past six months, Ethereum based decentralized finance continues to grow.
The total amount of ETH locked in DeFi protocols has reached another all-time high at 2.7 million, slightly higher than last week’s record. This equates to almost 2.5% of the entire supply. In USD terms it is just over $670 million.
hxxps://invst.ly/ow8p1
Transparency at its most honest and trustworthy form ,A rarity indeed in this Circus of Listed bloodsucking Slug,s
https://youtu.be/jtq-g-3Ff24