The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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nightye1- agreed :-)
I'd wait until after the fed rate on the 1st Feb before calling anything yet
Crypto pumping again - it could be argued that the winter has bottomed and the next bull run is beginning. Just a thought.
One man's distressed selling is another one's opportunity.
Never thought I would get the chance to buy millions of these at .12 & .13.
Lock them away and hopefully retire in 12 months.
Thanks for all the posts you put up Ragnar it's appreciated. I think we are readying to move north here and looks like the duke has freed up enough cash for the time being and we can take the shackles off here as there has been some good buying of late. Unfortunately the SP has been held back by the distressed selling. Anyway its great accumulation time and hopefully the newsflow from satoshipay, guild, pendulum etc will coincide with a crypto run later in the spring and blu will fly in a perfect storm:-)
Looking good
For anyone who wants to get a good grip on the AMBER/Dtransfer/Pendulum marketplace Uniswap have just published a paper entitled ‘ On-chain Foreign Exchange and Cross-border Payments’
If you have the time and inclination it can be read here
https://uniswap.org/OnchainFX.pdf
... thanks Chester ... appreciate that !
https://www.naturalreaders.com/online/
for people who dont want to read
6. Vision?—?Where do you think Web3 and the crypto industry will be in 10 years? What kind of impact would blockchain have had on the world?
i) Increased international trade (goods and services) by more people accessing the internet and blockchain technology to exchange value.
ii) There are many more options to invest and use financial services as a parallel financial infrastructure is being built that not only includes more users to use the services but also provides services (liquidity provision for DEXes, insurance etc), which is the real disruption.
iii) Web3 builds a deeper connection to the real world. More activity and track records plus decentralized IDs will enable undercollateralized borrowing/lending, which will add a lot more options and inclusivity to people worldwide.
iv) Tokenized shares, stock trading, and combining that asset class with any other DeFi service.
7. Alpha?—?This is the last question, so can you please share some alpha or advice for the community? Maybe a tip or learning from your experience in crypto that might help them grow.
Nothing new: DYOR (do your own research) and stay safe!
We want to thank Alex for taking the time out of his busy schedule to answer these questions. It is great to hear insights from a true early adopter and builder in the crypto space who is a key driving force at Pendulum. If you would like to ask Alex or the Pendulum team any questions, connect with us on our socials!
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.
Keep your eyes on the Pendulum!
The Pendulum team is led by Co-founder and CEO Alex Wilke, who has six years of experience with SatoshiPay and 18 years of operational experience. Alex is German, based in Berlin, and works out of the Pendulum main office in Berlin. We asked Alex seven probing questions so the Pendulum people could get to know him personally!
Below are the questions and Alex’s answers.
Origin Story?—?Can you tell us a bit about how you first became interested in the blockchain space?
I was visiting a Bitcoin meetup in 2013, finding it mindblowing that you could transfer a financial asset similar to money over the internet with just software. I wanted to try it out, so my test was to:
i) Buy Bitcoin (there were no exchanges, so I bought via LocalBitcoins).
ii) Make a payment in a pub in Berlin Kreuzberg that accepted Bitcoin back then. It worked, and I got food and drinks!
The moment my payment went through, I knew something big was happening. Moving value without trusting any person was and still is very disruptive.
2. Favorite Projects?—?Pendulum aside, which Web3 project(s) are you most excited about? No financial advice ;)
I love testing out a lot and like Ethereum, Polygon, Fantom, Aave, Curve, Beefy, Lyra, Mai Finance, MakerDAO, Gnosis Safe, Zapper.Fi, Debank, Paraswap, Slingshot, Uniswap, Sushiswap, and Opensea.
I am not too active on DeFi protocols right now, but I liked looking into Popsicle Finance, Impermax, and Tarot. If I have to narrow it down to just a few that I am most excited about, it would be Aave, Paraswap, Beefy, and the whole Polygon ecosystem.
3. Values?—?Many people are driven by different values in the crypto world, such as privacy, freedom, economic inclusion, ‘in it for tek’ etc. What values drive you the most?
Direct ownership of financial assets without intermediaries is mind-blowing in terms of security, transparency, and the ability to audit reserves 24/7. Having open-source software audited 24/7 by hackers worldwide adds to that too. Doing all this by just downloading a software/app and creating a private key is mindblowing again and great for financial inclusion!
4. Pendulum Journey?—?Now you are working with Pendulum, how did your Web3 journey bring you to Pendulum today?
Our mission was to utilize blockchain technology to support mass user adoption since 2016 with SatoshiPay. Our journey followed this path:
Facilitate micropayments for publishers
Support cross-border transfers (we hit the limits of blockchain scaling capabilities back then)
Build Web3 infrastructure that would support these payment use cases with Pendulum
5. Learning?—?What’s your biggest learning in blockchain so far? It can be investment related or any silly, crazy Web3 story.
Big institutions and banks are not the main drivers of web3 adoption and disruption?—?the users are. With SatoshiPay, we spent lots of time with bigger corporations to work out use cases and PoCs. Those corporations moved too slowly.
Continued in Part
Meet Pendulum’s CEO: Alexander Wilke
https://medium.com/pendulum-chain/meet-pendulums-ceo-alexander-wilke-9f0e68832fb
further to my previous post the current situation with spacewalk bridge is showing that milestone 3 is 40 percent completed, so as milestone 1 and 2 have been approved It looks like Spacewalk is around 80% complete at this point.
got it
can someone tell me the twitter account for pendulum please?
there are 3.3 billions floating, plus there is a couple of people here that have a lot including me and we wont be settling for a 30% gain
How did you ascertain that theres not many shares about? The volume suggests otherwise?
45k buying 500£ of blu each and the share is through the ceiling, mind you there is not a lot of share floating atm
For info here are the latest proposed milestone dates.
Phase 4 - Full rollout Pendulum
Due by April 28, 2023 Last updated about 3 hours ago
• DotSama native stablecoin as collateral
• Limit increased to unlimited (daily/tx limits)
Phase 3 - First rollout on Pendulum
Due by February 24, 2023 Last updated about 3 hours ago
• 5 stablecoins integrated • Increase 4x Amplitude total limit • (d…(more)
Phase 3 - Full rollout on Amplitude
Due by February 17, 2023 Last updated about 3 hours ago
Full rollout on Amplitude
• 2+ external vault operators
• Set limit to “temporary final” Amplitude limit (e.g. $100k)
Phase 1 - Launch on Amplitude
Due by January 27, 2023 Last updated about 3 hours ago
• 5 stablecoins configured • Total volume that can be bridged limit…(more)
Phase 2 - Getting external operators on-board [Amplitude]
Due by February 03, 2023 Last updated about 3 hours ago
• Total limit increased to $10k
• 1+ external vault operator
Update regarding Pendulum follows on twitter.
They are now approaching 45k followers.
That's nearly 10,000 in over a week.
Interesting indeed :)
Interesting stats on blockchain development levels last year. Polkadot second only to Ethereum. Bear in mind Polkadot first launched in May 2020. Ethereum 2015, Solana 2019, Cosmos 2016. https://www.developerreport.com/
National Australia Bank creates stablecoin called AUDN: AFR
https://www.theblock.co/post/203614/national-australia-bank-creates-stablecoin-called-audn-afr
We all KNOW this is extremely undervalued.The recent NAV of .24 was "significantly" undervalued by a 3 year old valuation.Look at how Dynasty and Satoshipay have progressed from then. Anyone hazard a guess at real,current NAV..who knows,but surely it must be much much higher than .24 ! Hang on to your conviction here,rewards will come imo.
Possibly someone’s got a big tax bill to pay?