Member Info for BOTAK

I dont think anyone would question ( or be entitled ) there caliber in picking the leading platforms that will dictate the future of DeFi / Blockchain / Crypto ,However as GMcd & KVD are well well aware ,NEX or Aquis is most definitely a handicap ( in current format ) to growth of sp ( Growth Market ,Aving a Giraffe ) When I started buying in to KR1 in the 3p,s 20116/17 ,My then Broker warned me of the perils of buying into EBS , Ho Ho KR! then went on to touch 28p
Now ,KR1 portfolio has grown immensely mostly due to Cosmos & of late Polkadot ,This has nothing to do with NEX claim of Growth market and more to do with G&K,s foresight Obvioulsly there are some decent attributes to remaining on Aquis like cost etc but one has to weigh the pro,s and con,s of any strategy ,Does the illiquidity plaguing Aquis ( in turn stifles any significant access & trading tools, like stop loss,s / Buy & Sell orders ) for PI,s justify the savings on Opex and charges ?

Hi Sausage
I agree totally with your comments regards the MM,s , Your concerns regarding significant holders trading movements affecting the sp is also spot on ,I realise that large institutional holders trading in & out can have a material adverse effect on any listed * Start Up * ,However KR1 is extremely vulnerable to these heavy trades as MM,s can walk the sp down 15% /20% on as little as 50 to 100K shares sold ,The BOD will have to do something regarding this huge obstacle to incoming ,Without a decent volume traded we are not going to get the liquidity we seek to stabilize the SP so the hard work & achievements of the BOD & Team will never be truly recognised without the SP being given time to grow to attract the attention of heavy players who are most definitely sourcing the winners of the new digital financial system ,Of witch KR1 has to be a top contender ,They have demonstrated time & time again they can monetize and capitalize there crypto methodology Just exactly what the Boy,s of EC1 are looking for
To have only 2 MM,s dictating extreme movements in such a budding entity as KR1 not only defies logic its Criminal and a tragedy

Absolutely staggering that they can generate not only $1.5 m But a recurring revenue from that freebi

(KR1 plc (KR1:AQSE), a leading digital asset investment company, is pleased to announce that the Company has started generating revenue from staking activities on the Kusama (“Kusama” or “KSM”) network, a portfolio holding received at zero cost in line with the Company’s Polkadot (“DOT”) position.)

.Should anyone have any doubts whatsoever what the future holds for KR1 in this budding Digital eco system surely todays Kusama RNS
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These 2 bit,s of info -

And as the UK takes a leading role in the global conversation on Central Bank Digital Currencies, the Chancellor welcomed work by HM Treasury and the Bank of England to consider whether and how central banks can issue their own digital currencies as a complement to cash.

https://www.gov.uk/government/news/chancellor-sets-out-ambition-for-future-of-uk-financial-services#:~:text=Rishi%20Sunak%2C%20Chancellor%20of%20the,world's%20pre%2Deminent%20financial%20centre.

On Moonbeam . Polkadot from DeFi Times -

Rapid DeFi Adoption
We’ve already announced a number of partners that plan to expand to Polkadot using the Moonbeam platform, and have dozens more in the works that will serve as the basis for a vibrant ecosystem at launch.

hxxps://t.co/SKEFdhdaOi?amp=1

With HMG Financial services morphing into the KR1 domain

With the emergence of Blockchain technology ,The majority of Jack Ma,s empire will be directly interconnected -
As the official partners of both WeChat Pay and AliPay, JGOO’s solution is leading the way for British retailers to cater for Chinese customers’ preferred method of payment while shopping in the UK and online.

Sheer
It was the significance of MODE being the first British listed Institution to purchase BTC for its treasury ,Not the figures or the resemblance to KR1 portfolio
Miton have had a hefty position in KR1 for a while but have been reducing that holding along with another institutional holder since Q119, matching any significant buy,s with round figure sell,s giving a structured retreat ,The consequences have been an SP stagnation at some key moments when the sp should have moved up a gear ,What has that to do with opening a short on MODE ? Appreciate your elaboration

Hi roly With Institutional interest building by the day -Mode is the first publicly listed company in the UK to officially announce a significant purchase of Bitcoin as part of its treasury investment strategy. This follows announcements by Square Inc. and Microstrategy Inc. which disclosed significant purchases of an aggregate value of $475m worth of Bitcoin.+https://www.forbes.com/sites/ronshevlin/2020/10/25/paypals-new-service-is-a-50-billion-stimulus-check-for-bitcoin/ Hopefully we can escape the clutches of the MM,ss and the black cloud of significant holders power to manipulate @ will the SP £3 in 3 years ? Ho Ho Ho No Probs !!!

Good Morning roley
With institutional interest building by the day -
Mode is the first publicly listed company in the UK to officially announce a significant purchase of Bitcoin as part of its treasury investment strategy. This follows announcements by Square Inc. and Microstrategy Inc. which disclosed significant purchases of an aggregate value of $475m worth of Bitcoin.

The trickle will turn into a Gussssh soon

IMO KR1 sp needs volume to escape from the clutches of MM,s and manipulators, Sausage touched on the negative aspect of significant holders having the muscle to manipulate and possibly tank the sp, That is very apt here ,Aquis is akin to being manacled with MM 3 years 3£ ? Ho Ho Ho ATB

For me , Not only are BTC financial products about to move up a gear along with the price but the caliber and significance of Rita Liu joining the Team from Alipay /Alibaba/Jack Ma shows the direction MODE are taking , The future of fintech is Digital with BTC and the China E Yuan dominating global currencies if not the worlds reserve currency , MODE are connected to this push and well positioned
Exiting times for holders here

With Polkadot & Chain X in the news today

https://defiworld.substack.com/p/chainx-connecting-every-blockchain?r=9gf5&utm_campaign=post&utm_medium=email&utm_source=copy

Dan Morehead, founder of Menlo Park, California-based Pantera Capital Management concluded: "Polkadot is only trading at 10% of the value of Ethereum. And our theory is that it has a much higher than 10% chance of being a competitor to Ethereum.

https://www.zerohedge.com/crypto/meet-network-could-be-poised-dethrone-ethereum?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

And Chain X
ChainX is a community-driven project built on Parity’s next-generation blockchain framework Substrate designed to bridge non-Polkadot blockchains into the Polkadot Ecosystem,ChainX created a bridge incorporating Bitcoin’s lightning nodes into its network, allowing users to deposit BTC and use it in any Polkadot project.

Apologies , Travelcrypto not Fast
Strange reaction to a 10% pf in BTC ,That is moving fast ?? and has clocked them a few £K since the purchase

Opposite way round Fast -

The Board of Vela (AIM: VELA) is pleased to announce its first investment since the restructuring completed on 26 August 2020. Vela has invested £250,000 in Mode Global Holdings plc ("Mode"), as part of an IPO funding round by Mode which has raised £7,500,000 (the "Fundraise").

Crazy market , Whereupon BTC /ETH & Crypto MC surge + we have Monstrous potential in Polkadot ,Cosmos ,Dfinity ,Vega etc

What do we suffer on Aquis ? A sell off !!!

Polkadot Is The New Ethereum Killer, Bloomberg Says

Development On Polkadot Increasing Sharply

Though Polkadot continues to have fewer developers than Ethereum and Bitcoin, a new report indicates that developer activity has reduced at ETH and BTC and increased by over 44% at Polkadot. The report takes into account developments in the second quarter of 2020:

“Polkadot (+44%) and Cosmos (+15%) saw substantial developer activity growth. This increase is likely due to protocols abandoning proprietary chains in favor of battle-tested solutions in a post-COVID market with a reduced R&D budget. Polkadot, in particular, launched its main net at the end of May 2020, garnering increased interest from external developers.

hxxps://www.cryptovibes.com/blog/2020/10/19/polkadot-is-the-new-ethereum-killer-bloomberg-says/

Notice the ^* Jesus Battery * video /Script is doing the rounds ,Ilika SS Battery touted as in the running to be the Jesus Battery

https://nnd.soundestlink.com/link/5f8d94e44c41ae58f062584a/5f8d831d8a48f70b2ca91260/5f89d0eb4572ea6c964bbb9a?signature=4b583edbb9a38923eb03de73c798b902958d6e16a08e918f31799ff575db5bae

Enormous Wall of Money' Coming Into Bitcoin, Price to Reach $1 Million in 5 Years, Says Raoul Pal
From what I know, from all of the institutions, [and] all of the people I speak to, there’s an enormous wall of money coming into this.
It’s going to be not because the world is collapsing [but] it’s because there’s gonna be adoption by the real large pools of capital.

https://news.bitcoin.com/bitcoin-price-1-million-5-years/

KR1 have a First Class ticket to walk this Yellow Brick Road

Par for the course ,Extracting there original stake of $1M then investing in another X 10 future Polkadot or Cosmos to harvest some more X 60 / X 20 ROI
Only a matter of time when until true value and Crypto .BTC/ Blockchain / DeFi sector trading brilliance is recognised

Polkadot alone is worth near $20 M

Hi Sausage
I think NAV was in the region of £12 M in June but we now have Polkadot + Nexus Mutual Rocket Pool etc have all moved up so NAV around £30M + now , So SP value around 20p, Dfinity coming on stream couple of months so staking revenue from across the board ,Factor in the Revenue and its way way undervalued , List of holdings in on there website under Investments, However not an accurate representation

Statements today to announce just how much traction this outstanding fund is gaining
But today it unveils it’s governance system and token economics. This will mean the market knows for first time how it will allow a mathematical calculation of valuations, based on token supply and futures price.

The effect of this is that the company is now valued at a notional $9.5bn, and as such would make it a top five cryptocurrency.

https://t.co/r2VMA1J1Dc?amp=1

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The force with which Polkadot broke into the top five list of crypto assets, meant that investors' money took aim at this new protocol. Many Polkadot ecosystem projects are now gaining huge attention and enjoying oversubscribed funding rounds and fervent public token distribution events. KR1 saw the potential of Polkadot early and has been backing projects building on Polkadot from day one, long before Polkadot’s DOT token came to market. Subsequently, we have managed to secure a ‘seat at the table’ on many of the best Polkadot investment opportunities. For KR1, this means that the Company has a world class pipeline of investment projects, a solid reputation as one of the premier Polkadot ecosystem venture firms, and a very healthy core position in Polkadot’s DOT, a network we see as one of the few real challengers to Ethereum.
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Our reputation and brand within the digital asset ecosystem strengthen daily as we fund evermore important and respected projects. With so many of our investments from previous years now tradable and considerably more valuable, not only has our balance sheet grown, but it has also become far more liquid. This means that portfolio management becomes an ever more important aspect for KR1 as some positions become very valuable. Maximising returns, whether through staking yield bearing assets, realizing profits through sales, or by utilizing these assets as security collateral for new crypto networks in terms of ‘Lockdrops’ or ‘Stakedrops’, has become a new priority in our portfolio management.
For the Investor Base to Grow on the back of increased liquidity we have -

KR1 is a public stock on London’s AQSE Growth Market (KR1: AQSE), which was previously the NEX Exchange. Aquis Exchange plc recently acquired NEX Exchange with the intention of making improvements to the exchange infrastructure in regards to electronic trading, higher volumes, deeper liquidity and allowing for a more global investor base. We are looking forward to seeing how the new Aquis Exchange team implements their plans for improving the legacy NEX Exchange over the months to come.

From Todays Results RNS - https://t.co/5Ys6npVprn?amp=1

Well worth watching ( if the link can be accessed !) GM explains in detail the production expansion, competition and projected timescales
https://mandrillapp.com/track/click/30077661/presentations.investormeetcompany.com?p=eyJzIjoiZldhWG1KVk1uNGVQX2R6T0dELWE2WVhUUWQ4IiwidiI6MSwicCI6IntcInVcIjozMDA3NzY2MSxcInZcIjoxLFwidXJsXCI6XCJodHRwczpcXFwvXFxcL3ByZXNlbnRhdGlvbnMuaW52ZXN0b3JtZWV0Y29tcGFueS5jb21cXFwvaW52ZXN0b3ItbWVldC1jb21wYW55XFxcL3Bvc3QtYWdtLWludmVzdG9yLXByZXNlbnRhdGlvbi0xP2JtaWQ9ZmM2MjJlMjQ2NTc0XCIsXCJpZFwiOlwiMTRhNjI3Mzk2NTVkNDg1YzliOGExMzVlYjQ4NWEzNjdcIixcInVybF9pZHNcIjpbXCJjOWRiNmJmYzU0MGFhNjE1YzA2MDdiOWM5Mzg1ZTBmMjc1MTM1NWM0XCJdfSJ9