Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Big news coming soon.
Dynasty Gaming & Media
We have solved two huge challenges that currently exist within the gaming industry:
Large consumer brands must engage with gamers (3.2B gamers globally and growing) but struggle to do so. Dynasty provides a complete white-label gaming platform including communities, esports, tournaments, rewards, wallet, and gaming stores, with a track record of engaging gamers at scale.
Game publishers do not have anywhere near enough specialised local resources or distribution partners needed to maximise specific market opportunities - imagine what is required when a game title is popular in over fifty countries?
Dynasty's network, via major telcos and other large B2C platforms, directly connects to hundreds of millions of gamers.
Already live with major telcos and consumer brands in North America, India, Southeast Asia, and Australia.
The Dynasty platform is a full-stack gaming ecosystem combining esports, community and forums, e-wallet, rewards and loyalty programs, a game store and payments. It provides our partners with the ability to bring highly valuable gamers into their environment, while allowing game publishers to engage directly with massive audiences that they do not normally have the resources or access to reach.
Lots of stocks have now doubled or greater in last few months, whilst blu plumbs the depts.
agree with you slug, everyone invested in BLU is totally fed up with the inaction over th epast half decade.
your emotion goes a little too far, suggesting the stock is near worthless........ as with dukee's comments, there is value with Dynasty, Satoshipay too and only 3 month wait,
i was hoping for 1p back in the good old days of Jan/Feb 22, Satoshipay not up to it.
TF dare not mess this one up as he is well aware that all BLU LTH shareholders are totally fed up
Boosted PEN security on Ledger, a global fiat onramp for PEN, and Nabla testing highlight a few action-packed weeks. Let's dive into the updates!
Pendulum on Ledger Dev Mode
The Pendulum App's integration with Ledger's Developer Mode marks a milestone in enhancing PEN token security, leveraging cold storage capabilities. With ZondaxHub's support, we're moving from a successful functional review to a security audit, aimed at Ledger's public release approval.
Alchemy Pay Integrates PEN Fiat Onramp
Alchemy Pay, the leading global cryptocurrency payment gateway, is now integrated with Pendulum, enabling straightforward fiat-PEN transactions. Benefiting from Alchemy Pay's extensive global reach and diverse local payment channels, users worldwide can now effortlessly acquire PEN.
WalletConnect on the Portal
Good news for Pendulum Portal users - WalletConnect is now integrated! This significantly expands the selection of wallets that can interact with our platform, making it even easier to access and engage with the Amplitude and Pendulum ecosystems. Use WalletConnect via the Pendulum Portal here.
Nabla Testing
The Nabla Forex-optimized AMM (formerly 0xAmber) is now live for internal testing, and the doors for testnet trading will open to the community soon. You can get whitelisted for the testnet now, and the top 100 XP holders will receive rewards.
Alex @Polkadot Decoded
The Polkadot Decoded presentation video recordings are now live on Youtube. So you can watch our Co-Founder, Alex, explore how businesses could save $200 billion annually on cross-border payments that are typically incurred through traditional ‘dinosaur’ banking system fees.
Marcel @Polkadot Decoded
Onboarding new talent is a central concern for any ecosystem. Tune into the Polkadot Decoded panel where our Lead Blockchain Engineer, Marcel, discussed his personal journey through the Polkadot Blockchain Academy.
Https://esportsinsider.com/2019/01/lets-play-live-acquires-australian-esports-company-cybergamer#:~:text=The%20site%20has%20gone%20from,another%20esports%20property%20to%20LPL.
12 million users on dynasty's platform. a lot going on that you guys don't see
Guys we gonna be ok - remortgaged 40 grand at .30
Tony’s equity interest is in the form of warrants which were awarded in January 2023 for a period of 3 years.
He has 140 million warrants exercisable at 0.35p and 30 million warrants exercisable at 0.45p
The sp therefore has to be considerably above the current sp for it to be worthwhile for him to exercise. I don’t think he gets paid very much so unless the sp gets back to previous highs and above he is not going to get much out of this. He is incentivised to get the sp considerably higher. Tony has been here since the beginning and knows all about Satoshipay.
It would have been nice to have flogged some guild in the 6p-8p range however it would never have happened because we were also in a lock in period for 12 months. If I remember correctly Guild listed late Sept/early Oct 2020 so by the time Oct 2021 came around the price had already been sold down to just over 4p. By comparison to yesterdays close of .60p it would have still been a great time to sell. Hindsight is a wonderful thing.
To be frank, its actually embarrassing for BLU to be involved with such a crock of sh5te
Speaking of embarrassing, Satoshipay last week uploaded their confirmation statement on companies house.
Look at some of the shareholders
Aergo - whats happening with that partnership? What are they doing for us?
Aertinity - as above
Axel Springer... as above
Borsenmedia... as above
I hope Tony does find a way to sell our stake in Satoshipay pronto
They've now had almost a decade of doing f*** all. Its a long time in business. I wouldn't even want to speculate on how much cash they have squandered during that time.
I remember the idiots on this board defending Satoshipay to the hilt back in 2019, 2020 and 2021... Yet even still we've had another 18 months come to pass since then and even now still they've delivered nothing.
Talk about being left with egg on your face... yet these nonsense talkers like a rabbit in the headlights still think Satoshipay are all of a sudden going to take the world by storm... dream on..... talk about sounding like a broken record year after year
We really should have got a seat on the board at Dynasty... I'm sure we've invested something close to £1m into that company.
Neither did we get a seat on the board at Satoshipay
Now us heavy bag holders are literally sat in the dark waiting for something to happen
Old habits die hard
& yes IMO Tony should be buying a few at these prices if he really believes what's meant to be around the corner
And I say us holders here are heavy bag holders holding (near) worthless stock
That’s the reality of things here
Don’t get emotional and lash out at me, I’m just another lowly shareholder like you lot
The truth hurts
I remember saying back in 2020 that guilds tie up with David Beckham was an absolute waste of money
Looks like I was right
David Beckham and his guys working for him were only interested in one thing and that’s lining their own pockets . Which they appear to have done successfully at Guilds expense
What Guild should have done for a fraction of the cost is get involved with a few hundred up and coming gaming YouTubers / twitch streamers… gifted them all a few grand worth of shares but with a lock in period
Then said go and shill the sh5t out of Guild, every post, every stream, hell even give them some merchandise for them to wear whilst streaming or offer some competitions for the viewers to get their hands on the merch
They would have paved their own destiny with a common interest.
98% of the streamers may have given up or lost interest, but there’s probably 2% of them who would have made it big time
They would have got people who have got a gaming interest, to generate awareness of an esports/gaming company… things could have been so much different
There is almost no crossover with Beckham and esports for maybe the fifa game
Wrong target audience, and now they are paying for it
a golden opportunity squandered
I’d like to think BLU’s other investees are ran better than guild has been, but sadly, there is still very little to evidence this
Hence us still scraping the barrel in the low teens with what looks like a major holder offloading at any opportunity because they are likely seeing very little value being added
Perhaps maybe we should get Beckham involved at blue star… he might be able to teach the other investees about not missing open goals…
LNW - Apologies it is of course Satoshipay that has secured the AMBR And PEN tokens.
@ragnarr has BLU retained that 5.5%, or 28% of the 5.5% (1.5%)?
For Info - Nabla is now in live internal testing - just a reminder that BLU gave retained 5.5% AMBR (nabla tokens) when launched.
Thanks B'dotte ... makes good sense ... and absolutely bodes well for Pen / Satoshi !
GLA
The interbank settlement is now being done on the Fed's blockchain. It means that the overall blockchain industry is becoming more and more relevant.
Now with regards to the implications on Satoshy, I don't know :).
Hi Bernadotte , thanks for posting the link , i'd seen something on Twitter about this ... can i ask was the comment somewhat tongue in cheek ? Is this not heavy duty ( The Fed) competition to satoshi / pendulum ? Not neccessarily what we might want ? Or do you see it as confirmatory wider adoption of instant payments , where Pen seeks to succeed?
Genuine Q ?
GLA here ...
Https://www.frbservices.org/financial-services/fednow
exciting time ahead
Nothing stops him from buying at 60% discount from those ex prices.
If i had an asset which i believe is worth more than 35 (or 45), and the price is 14, i think id spend less than 50% of the money and buy those 140m shares at 13 for 40% of the cost. no?!
Tony’s equity interest is in the form of warrants which were awarded in January 2023 for a period of 3 years.
He has 140 million warrants exercisable at 0.35p and 30 million warrants exercisable at 0.45p
The sp therefore has to be considerably above the current sp for it to be worthwhile for him to exercise. I don’t think he gets paid very much so unless the sp gets back to previous highs and above he is not going to get much out of this. He is incentivised to get the sp considerably higher. Tony has been here since the beginning and knows all about Satoshipay. Perhaps he could rekindle the old plan to back Satoshipay into Blu in order to use BLU’s listing.
Back at the last time of Dynasty talking IPO, our share price went to in excess of 0.55p, so the market saw much more value than the current 0.24p NAV based upon 2019 valuations.
Like you London, I'm a little suspicious as to why Tony hasn't bought in with the promise of so much potential.
Refreshing to see some interesting, thought provoking discussion on here for a change, with opinions, way better than the usual copy and paste brigade
I don’t think we should continue using the words unicorn and Satoshipay in the same sentence though. It gives a false impression. It was said once by that useless guy called meinhard several years ago, who is now (thankfully) no longer running the show
That guy had about as much business acumen as a frying pan
Very much aligned with all you said, BB, it's just about SPay and Dynasty.
my thought process actually starts from Dynasty, and assume SPay is basically for free here.
What i like about Dynasty: the sector, the geography, the C-suite, the investors involved in the pre-ipo fundraising, FCF positive (allegedly). In april 21 this business was valued at $50m. In these 27 months it became FCF positive, expanded, established new partnerships where it extracts 4x the revenues that the initial SaaS model was. All in all, I wouldn't be surprised that an ipo valuation (2024?) or the one from an acquisition to be closer to $100m than $50m. This means 0.17p-0.20p to BlueStar. So Dynasty, to me, is worth more than the current mcap.
Everything else seems for free then.
While I sense Googly and Paidia are also probably worth more than the 60k each as per the balance sheet, they seem too small to become meaningful. So im not considering them.
SPay - I have no clue what's worth. It's generating little revenues as far as i understand, so it's all about potential. What i do know for sure is that it is worth more than 0. And I think it's likely worth a multiple of what it was in 2019 (i.e. pre-covid, and pre crypto/blChain explosions).
To summarise, my personal view is Dynasty could be worth $85m+ and SP $50m, today.
Which i think means is around 0.4p. Granted, I can easily be too conservative here (or too optimistic..), but thats what i think is reasonable until i see some hard numbers.
One important thing i cannot reconcile though is why Fabrizi is not buying shares
You look relatively new here London
you have done a little research , fair play to you.
Blue Star has never, neither will it ever be, about Guild ( crock of sh5t) or stahler
its about Satoshipay.... disrupting FX market (Nabla), micropayments and cross border payments.
quite how Satoshipay valued, who cares, the market and its participants, will take care of that. must be many forward looking companies in payment sector who can see value in AMM , FX and cross border payments amongst other projects.
its not a Unicorn as was once touted however there is value that is not even remotely reflected in BLU share price.
its also about dynasty , the 50/50 venture in India , India is growing at 4x the pace of ANY other country in esports sector, so it would seem Dynasty, whilst remaining in the bunker on the comms front, have chosen their target geo and partner most judiciously and their execution timing seems good as it should be with that board of directors.
would rather see Dynasty IPO in H2 , seems best way to get full value for this asset at this moment in time.
cash not an issue considering partial or full sale of assets will shortly ensue.
the market can not argue with cold hard cash at bank, which will , finally, put a floor under the incredulous price. you would have to think even in a worse case scenario you could get £7m for satoshipay stake.
so at this price Dynasty is in for free, one assumes this maybe your thought process london ?
Fyi
one of the partnerships announced in April 2022 seems concluded.
Maxis Malaysia gaming platform (launched Feb 2022) shutting down: https://genggamer.gg/shop/topup/MLBB_MY.
context: https://www.linkedin.com/posts/davidrgrainger_maxis-introduces-geng-gamer-tournaments-to-activity-7001335502574432256-MqBD/?originalSubdomain=my
So, new "SaaS+" contracts (that we know of) are:
Partnership with Spark (NZ - 2022)
50%-50% revs agreements with Googly (India - launched in 2023)
50%-50% revs agreements with Paidia (Canada)
50% JV with LPL (Aus - launched May 2023)
Dist agreement with IOH (Indonesia, signed after this: https://www.globenewswire.com/en/news-release/2022/10/13/2533503/0/en/Pioneer-Signs-Game-Publishing-Agreement-With-Dynasty-Gaming-Media-Targeting-Asian-Telco-Market.html)
Agree cash might not be needed (+ could sell Sthaler, or Guild appreciates), but disagree on the numbers.
Guild stake is worth like 83k today. They have admin expenses of 112k for 6 months.
Selling guild at these levels is = to less than 5 months of expenses, surely not an extra year..