The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Blimey SJL - you saying we can’t even give them away now!! Only joking you are of course correct - reservations are not sales. What will be interesting is the take up based on the available market from these two chain companies - potentiality indicating a wider global demand - and the growth of what was always a bit of clever domain innovation. Let’s hope adultblock sales are starting to register and we will have a strong final quarter. SB
As you know I study the managements words closely for detail ( wrongly sometimes ) but you will note they do not say “ registrations “ free or paid they day “ reserved for registration “ , big difference
in other words, no fecker is interested in paying for them! As we can see they have managed to shift a ''massive'' 275 in the last 3 months. Says it all I suppose, hence the giveaway! That's how I read it anyway.
In relation to the .luxe initiative i think this makes sense. Offering 500k blockchain individuals in the two partner companies a first year domain for free could reap big rewards if there is any meaningful renewal in year 2 / which will likely be based on ease of use - and as noted by others who use (Sunday) it is a stellar improvement on the 42 number code. It’s a potentially huge market and first mover advantage could build some decent revenue. SB
''Management is likewise pleased with the Group's continuing progress in monetizing opportunities from its portfolio beyond straight DNS based registrations through its Innovation activity. To that end, it notes that over 0.60m underlying identifiers have already been blocked in the first 106 AdultBlock+ sales, the Group's registrar partners having only just begun introducing the product to their customers in September. Separately, approximately 0.5m onchain identifiers have now been reserved for registration within MMX's .luxe R&D project by the first two wallet partners as part of the freemium strategy being used in the pilot phase to enable wallet providers to offer their users a single simple address solution for the multiple separately addressed wallets per currency each customer has to use.