RE: Rerate in process31 Mar 2022 11:06
I get some of your points WG and I certainly agree that MODE have struggled to make a coherent app so far.
However Rita has said a few times now that 2022 is the year of delivery and execution.
Our FCA registration for crypto is surely worth more than the 10m MCap by itself.
Rita has been clear what the long term aim of Mode is. To create a super app linking payments, crypto and rewards on one place. Now Mode has a long way to go to achieve this however the foundations are in place. As more features are added the userbase will grow and then you will get more investors taking note.
Think of the valuation of Revolut and then ask yourself if MODE could achieve even half their MCap in 5 years. Very achievable imo.
As always time will tell