Member Info for chilston

Doggo... Your example is perfect. Unfortunately that's not the point. Corporate legislation is preventing Blockchain being accepted due to what they call 'public' access. Liu alluded to this. As well as the infrastructure. And so for now... Scale is not possible

Worse case scenario is that they will be bought for IP. Best case... They scale... And then our sp is in the £s not pence. But they have plenty more hurdles to get over yet, and competition everywhere. Just my opinion

Rich.... My hesitation comes from the fact that enterprise has not adopted Blockchain yet. Something I have illuded to on here before. Factom staff is not growing. Rumours of it being the next wordpress.... I'm sceptical. We simply do not know how this will play out and there are plenty of other companies in this space. So why is factom more special? Because if DHS? Because of a few mortgage companies? I think not. I don't see the magic word... Scale... Right now. If you think different, then show me 2000 plus corporate companies adopting harmony. I don't think you can. Hence my belief that factom even if it goes wrong still has significant value in IP. DHS is one thing, but mass adoption is another. You ain't seeing mass adoption, and there are other players out there. And so I am still on the fence with factom.

And then I would love to see some plays in ai and robotics tbh

I just see the future. And the future says... Leap... Fine Emmac... IPO Juv... IPO next year Intensity... Buyout eventually Emmac... IPO then a big pharma buyout Scale... Scale... Scale... Yooya, DBC, etc. Who cares... Dump them and move on Damn I keep forgetting factom. Even if scale is not possible in factom. IP is within the company.... Another buyout. Sp is devastating. But I'm not the slightest bit concerned. I truly hope we can scale. We just need the catalyst.

I look at this a different way. I don't care where the bottom is tbh. I was worried if I'm totally honest. But not now. And that's... The difference

Has to be. Intensity doesn't have the infrastructure to go phase 3. No chance. On a side note... My party the other night. I had YouTube music on in the background. Leap gaming came on as an advert. The one from their website. Full 30 seconds. God knows why they are doing that when they are aligned behind 3rd parties but I did get cudos by telling everyone I was invested in leap I've said before....leap in the short term is the catalyst now. I will wait to see what Monday/Tuesday brings. If more idiots sell I will average down further. I've got about another £15k left but tbh that's not going to scratch the surface on my current average of 10.9 That will mean 200k total investment. That's my limit.

Actually now I'm re reading chazzy statement earlier, results posted on intensity.... Bloody hell... This is very different to creating a new drug. Are we all in agreement that this is a takeover and not an IPO?

Thanks wadnob. Ok I look a bit stupid with my assessment there granted

Great post chazzy. Never thought of it that way but we must also remember we only have a small stake in intensity.... Probably due to the risk factors. What is it? .8 %? Totally justified because of the risk.

I don't want to **** on your parade but just remember intensity is at stage 1. So before you all get stars in your eyes... It's a hvo, it's a farn. Nothing more. At early stage. And this investee is like any other pharma or oil stock for that matter. If it seriously moves forward then it is destined for a buyout. It will never IPO. But I think we all know that. We will eventually know the true value of factom to us. I'm thinking it's value is 400-500m. Dollars right now which after series b, at 4%? That's good. Leap is the real deal here. So far and emmac, juv. Dont get too carried away with intensity. We have a small holding. But it's all looking good. Very good. And the positive surrounding this board at our lowest SP is definitely worth being proud of.

Leap looking good. Intensity looking good. Emmac IPO inevitable as they want to capture market share Juv IPO next year Probably another a separate investment to emmac Potential sale of leap year which will enable scalability in the pf. And we are at 7p lol. Anyone panicking? It's all looking rather good now I think. Still sleeping easy.

For a change?! SP might be drowning but Jesus maybe we should get ffwd to rns this?! Have a good weekend ....

I agree. Nav gives me comfort and confidence. Sp I'm turning a blind eye to for a while

point being factom is focusing exactly where it should be right now...

factom and the enterprise problem...

When it comes to investment, Liu said that in 2018, YGC started to explore growth-stage blockchain startups they could bring to enterprises to solve real problems; and then they hit a roadblock.

Most blockchain startups aren't focusing on enterprises and enterprises can’t work directly with public protocols," said Liu. "So, we saw a need to invest in ventures that could bridge the decentralized public blockchains that desperately need transaction volumes and Fortune 50 enterprises [..] in need of emerging tech to keep them competitive in the market.

We’ve seen the industry grow since 2012 and one of our portfolio companies has landed contracts with Department of Homeland Security and Gates Foundation for healthcare data, so we want to take our learnings and scale it with others," added Liu.

So what's the most significant barrier right now outside of trust?

We think it’s existing infrastructure not supporting the decentralized ecosystem," said Liu. "There’s a lot of hesitation for using tokens due to regulatory concerns, not enough applications solving real problems with solid business models, and therefore not enough validations and credibility for the entire industry.

lordsnooty: Where are all these long-heralded heavyweight, Fortune 500 company contracts, for heaven's sake?

my understanding is that factom are mainly focusing on government stuff. although obviously thet are involved in mortgage stuff. that link is sent last week outlined factom's strategy and how large enterprise are not yet adapting to blockchain as quickly due to certain factors.

and so i would nnot expect to see mass adoption by enterprise just yet. factom is one of the few that are focusing on government and succeeding...

I guess we will find out soon enough!

Morning all. So do we think the seller is gone now? Some seem to be suggesting it on twitter

chilston did this deliberately :-) doggo...

anyway i have a party to organise... you lot sort yourselves out and be kind to one another.... tomorrow lets just show some love... for one whole day.... see if we can manage it... see who breaks first...

and now chilston... is gone..