Phoebus
Whilst your suggestions are Bang On the mark , The BOD are not that way inclined ,To them the Eco system is paramount ,Not the fund ,Not the shareholders and I would hazard to say not the size of there personal fortune
Whilst leaving Aquis / NEX for another competent & Liquid exchange ,I doubt it !!! In all fairness Aquis have onboarded additional MM,s ,However in my last post I mentioned this has a detrimental effect when the SP has a wee flutter ,As they will compete to offload and tank the SP as they can lock us in as they have done last couple of weeks since the spike ,Its irrelevant that KR1 have some absolute groundbreaking investments ( with the potential to be worth Billions of $ ) or the BOD are some of the most outstanding visionaries of our time ,Or that Opex is minimal They dont give a FF for potential or investment caliber ,KR1 need to get listed on an a Crypto / Blockchain with a comprehension of the sector and an appreciation of just what KR1 are all about ,There will be this type of Dual Crypto/Equities /Derivative exchanges ( like INX ) in the coming months years
As regards the liquidation of assets when the market turns ??? Ho Ho Ho a number of LTH were peeved that they did not execute this after the last Bull run in 2017 , But No it did not happen and I cant see that happening at the end of this Bull run ,As I stated above ,Mr G McD & KVS are not about that strategy ,More to backing the upcoming tech
C*est La Vie
From my own personal point of View ,These Guy,s are the Bizz and KR1 sp will be up near the £10 mark in a year or so if the whole eco system does not go Tits up
Whilst adding all those extra MM,s on the books on the way up , As I feared when they suddenly appeared , They will not hold and trash the sp at the slightest sigh of weakness , and induce the volatility and illiquidity they were brought in to eliminate !!!
Hence when the sp is falling ,Unable to offload even 2K
Would any KR1 Medium or LTH forecasted a £2.57 SP @ Xmas time ?? ,I was well wrong when I accused a poster Meth Amphetamine forecasting on telegram for describing a KR1 sp @ £2 for end of Q1 21, But look where we are ,Blonity & Crew obviously are laying on the Jam ,BUT Was KR1 sp worth £2.57 a few weeks ago ? Your Dam right it was ! As that,s what traders where prepared to pay , Factor in same degree of growth throughout the Blockchain sector for next 18 months and its very good reading ,THEN Factor in what,s going to happen to the Whole Polkadot eco system when the Parachains come Live the figures would be mind boggling 'None of us know how high this can go , However when the Master KVS forecasts some of Polkadot offspring will become Unicorns in there own right and even have valuations in the $Trillions ,He,s not been far wrong so far
IF we are truly at the start of this new Distribution of Wealth Digital World , Them what ever we discuss on here is irrelevant , We cannot comprehend the end game as its like trying to guess the number of Planets
Double Egged Sword Amanensia
Take a Real time scenario , The price of DOT token is $40 , Should one place that DOT token in the Staking Pool ,Earning 12% ,In 12v months that DOT token has made you $4.8 + taking recent past history into account there is a high possibility that the actual DOT token has increased in value by 50% ,So in 12 months that DOT token is worth $64.8
On the same count you deposited that $40 in a Bank account earning 0.03 % ,In 12 months time that $40 is worth $40.036
Where exactly is the most favorable destination for that $40 ?? Forward projections in REAL Time
Kusama about to Trash its ATH and burst through $305 ,And we all know the cliché, Where Kusama goes Polkadot follows and the so does KR1
GLA//,,,, Exiting times to be involved in the phenomenon that is the Blockchain ,With the Crème De La Crème of Crypto Management Teams @ KR1
Hi Brigstock
The JV with RedFox has the potential to deliver and I agree with the cautionary approach to sound out the market prior to expanding there offering and incurring costs , However , Coin,s NAV is a bit vague & We have witnessed numerous JV,s and new projects announced but as 8 February 2021, the USD value of Coinsilium's vesting and fully vested cryptocurrency and token treasury, excluding cash at bank, stood at USD1,984,635. This is predominantly denominated in highly liquid cryptocurrencies and tokens including BTC (Bitcoin), ETH (Ethereum), ICX (ICON) and RIF (RSK Infrastructure Framework), including USD214,703, denominated in RIF, which will vest monthly over the forthcoming 21 months.
I want so much as the next holder here for coinsilium to be Uber successful,But its hard to envisage a strong revenue growth in the short to medium term ,Coinsilium are not a start up they have been in the Blockchain space since inception ,Indeed the first to list !!! So the track record is not something one can refer to in confidence tocross reference the future
For Me the biggest appeal is that one can hold Coinsilium in an ISA that is a huge advantage to attract incoming funds within the UK investing community, So what's detering British PI,s from investing in a Tax Free listed entity with 5 years experience in a Red Hot sector Crypto / B;lockchain NOW targeting an sector thats Boiling over namely NFT,s ? That needs to be addressed
Maybe looking back on fundamentals and roadmap of success might be the obstacle to adoption,That will have to change PDQ for the market to believe that Coin are able to deliver considerable ROI from this future NFT project
KR1,s fortunes are intrinsically liked to Polkadot Period !
For any KR1 Investors doubting the scale of what's to come in the next few months and years from Polkadot check out these 2 links ,The whole crypto / Blockchain eco system has not just fallen off a cliff ( Although the nay Sayers would have you believe this to induce squeaky bum syndrome and get you to drop your pants so as to steal those oh so precious KR1 shares -
Inside Polkadot's bid to offer a 'multichain' alternative to Ethereum
by Saniya More
Quick Takes
Polkadot has been attracting many development teams and significant outside investment lately.
The vision behind the project is to make it possible for ‘multichain’ applications to use multiple interoperable blockchains at once.
First, though, more developers must become familiar with its complicated new features.
During a bull market, it’s hard to find crypto projects that aren’t generating buzz. But it’s also hard to find one that has been buzzing louder as of late than Polkadot.
In January, The Block Research identified a total of 126 projects currently developing on Polkadot, which launched in May of 2020. From September to November 2020, nearly 20% of decentralized finance (DeFi) projects that received venture funding were building on Polkadot. Twenty-one of those projects have raised a combined $52 million.
Polkadot’s DOT token — which can be used to carry out governance over the network, as well as to participate in staking and bonding — is now the sixth-largest coin by market cap ($33.7 billion). It's also among the most-staked tokens.
Much of the excitement stems from Polkadot’s ambitious vision for the future of interoperable blockchain networks. Now comes the hard part: proving that vision is more than just buzz.
Also the coming Parachain Auction
https://www.youtube.com/watch?v=h_NkeJv6yho
No matter what we think or believe of Ilika plc ,s Goliath battery status , Once a deep sentiment to selling is imbedded like the last few days its very hard to turn that sentiment around without some groundbreaking news ,Ilika have played there Ace card of X 70 production hike and reiterating the JV,s on Goliath and factory build ,So very hard to envisage just what scaffold there is in the locker to support this lofty SP
No doubting Ilika will be a major player in the Solid State arena if not the number 1 ,However the timescale to full production is some way off , So time for an exit under sever selling pressure
GLA
This volatility is normal ,All cryptos accosted stocks been hammered last few days , When I did a dummy sell couple of days ago and could not even sell 2000 ,Then Alarm Bell's started ringing * Expect the drop* Feel sorry for newbies who jumped in @ over £2 but KR1 is be far the best Blockchain fund available never mind under the ISA umbrella , These Guy,s are very special and have an uncanny ability to pick multiage's ,They also have 5 star contacts within the Sphere
If you believe the in the future of Crypto / Blockchain / DeFi then only one place to have your wedge , Flappers will sell and the wise Owl,s will sweep them up @ a discount
The SP is all over the place ,Might be an Aquis issue the SP was 174 / 174 to buy ,Yet LSE show a buy @ 16.22 for 190 The drop started at 15.00 on a low volume ,Bizarre trading pattern ,I would say an Aquis malfunction as I could not even sell 2K at one point between 15.00 & 16.20 !!
Bit of lose change thrown into that venture franc ,Probably had a whip round and a quick look under the sofa to come up with the $75K
KeywordCompanyEPIC/TIDMSEDOL/ISINNews
Search
Price
Announcements
Fundamentals
News
Article
RSS
KR1 Plc (KR1)
Add to Alerts list
Print Mail a friend
Wednesday 03 March, 2021
KR1 Plc
Investment: LazyLedger Labs
3 March 2021
KR1 PLC
(“KR1” or the “Company”)
Investment: LazyLedger Labs
KR1 plc (KR1:AQSE), a leading digital asset investment company, is pleased to announce that the Company has invested a total of US$75,000 into Strange Loop Labs AG, doing business as LazyLedger Labs (“LazyLedger”). KR1 took part in LazyLedger’s seed funding round alongside Cosmos’ Interchain Foundation, Binance, Dokia Capital, Maven 11 and other respected investors.
LazyLedger is a pluggable consensus and data availability layer to enable anyone to quickly deploy a decentralised blockchain without the overhead of bootstrapping a new consensus network.
The founding team of LazyLedger are highly respected decentralised systems engineers and researchers, who were part of the founding team of Chainspace, a blockchain project acquired by Facebook, as well as contributors to Ethereum 2.0 and Cosmos’ Tendermint.
Mustafa Al-Bassam, Co-Founder of LazyLedger, commented:
“I'm excited about KR1 supporting LazyLedger as they have been around from day one and the experience they bring is invaluable as one of the oldest funds in the crypto space.”
Keld van Schreven, Managing Director and Co-Founder of KR1, commented:
“LazyLedger is a great project and an opportunity to bring better data availability to blockchains, which reduces bloat and increases performance. We believe that LazyLedger is going to play a big role in the next generation of scalable blockchain architectures.”
Another example of the BOD , foresight
Polkadot-based decentralized insurance project Tidal Finance has raised $1.8 million in a private token sale.
https://newsletter.theblockcrypto.com/l/N5r763HwzZ5PYu2ZaZQ4ZIUQ/IXLQ3uUafVEcpiiMmnPl7Q/ZDEaY4IPV4FUk7sw8SXpAA
KR! took $200K in the December round
The private token sale round brings Tidal's total funding to date to $3.8 million. Last December, the project raised $2 million in a token seed round.
According to Polkadot creator Gavin Wood, the emergence of projects like Acala and Moonbeam, focusing on Ethereum compatibility, helped fuel the growth in DOT's value. Acala is Polkadot's gateway into decentralized finance, while Moonbeam is an Ethereum-compatible toolkit for smart contract deployment.
https://cointelegraph.com/news/polkadot-indicator-data-shows-bitcoin-has-been-following-dot-price-for-months
Polkadot is in prime position to take over the altcoin space currently occupied by Ethereum,” says Denko Mancheski, CEO & Co-Founder of Reef Finance. They are integrated into Polkadot. “This is because of the slow pace of development within the Ethereum blockchain,” he says adding in words that only serious, full-time crypto investors and developers know, like “sharding” and “staking”.
https://www.forbes.com/sites/kenrapoza/2021/02/21/ethereum-killer-polkadot-whats-so-great-about-it-and-why-buy-it/?sh=6a6779d676fc
Couple of extremly Bullish articles regarding Polkadots Rise to dominate ,Bit dated 10 days but for KR1 its music
I believe Polkadot is in prime position to take over the altcoin space currently occupied by Ethereum,” says Denko Mancheski, CEO & Co-Founder of Reef Finance. They are integrated into Polkadot. “This is because of the slow pace of development within the Ethereum blockchain,” he says adding in words that only serious, full-time crypto investors and developers know, like “sharding” and “staking”.
DOT and ETH have similar ambitions, with both aiming to be the major platform for smart contracts,” he says. DOT has many elements that are designed to address perceived weaknesses of ETH. But ETH is an established platform with many existing projects already working on it. “DOT is something we own and something we are watching carefully,” he says. “There is reason to believe it will be a better network, but we will need to see sustained adoption. If that happens, investors will want to move out of their ETH positions into DOT.”
According to Polkadot creator Gavin Wood, the emergence of projects like Acala and Moonbeam, focusing on Ethereum compatibility, helped fuel the growth in DOT's value. Acala is Polkadot's gateway into decentralized finance, while Moonbeam is an Ethereum-compatible toolkit for smart contract deployment.
https://cointelegraph.com/news/polkadot-indicator-data-shows-bitcoin-has-been-following-dot-price-for-months
https://www.forbes.com/sites/kenrapoza/2021/02/21/ethereum-killer-polkadot-whats-so-great-about-it-and-why-buy-it/?sh=6a6779d676fc