Member Info for Jimmy_Stocks

Streaming partner announcement can't be too far away now.

Bricklive = bread and butter and great to see this gathering pace as restrictions are lifted.

KPOP is where the game changing revenues are going to occur though imo. Looking forward to hearing further updates around this.

Not sure you'd announce streaming partner before all the acts had been confirmed.

BTC isn't irrelevant at all. Bitcoin price acts as a base price for all crypto.

I must admit, I can understand why people might be disillusioned here.

Great to see the chunky £5m NFT investment but this was an established operation I understand, that has probably already had its early exponential move upwards in valuation. Hard to see how any seed investments of £100k-£500k are going to move the needle on a now £100m+ portfolio.

Being able to throw bigger stakes into parachain projects I thought was going to yield some game changing returns but it hasn't happened yet (bar Moonbeam, although that has tanked from ath's). Still early days for alot of these projects though.

Yeah most stocks down alittle. More pronounced drop here but on tiny volume.

Down 13% on 197k sells vs 140k buys from where I'm looking?

Covid restrictions officially going as per yesterday. Great news for LVCG.

"K-Pop Europa plans to expand its brand with new dates and locations over the coming year. “

This is the key for me. They've proved out the concept of offering a basket of kpop acts together, who on their own, very likely wouldn't have been able to sell out events or arenas outside of Korea. This event will be the first of many I'm sure. Numbers for just one event are eye watering vs the mcap and are going to dwarf any previous revenue generation IMO. Imagine if they announce several more this year!?

Now covid restrictions are being lifted across the world, the market is sleeping on this turnaround story. Not for long I suspect.

Yes, would need rich news period to withstand the pumps and catch the scalpers out. Which might happen.

Easy to get downbeat, with crypto taking a knock, but regardless of the wider market, Acala is landing to the NAV next week.

First winner of the parachains and the DeFi hub of DOT. My prediction from reading between the lines of various chats is KR1 12m holding of ACA will eclipse Moonbeam holding valuation. Even if crypto stays in this rut we will surely move up next week, with potentially another $100m+ added to the portfolio. Not to mention an important piece of the DOT ecosystem progressing.

Indeed Nelson. It would be good to know what the strategy will be with the surplus cash going forward.

I get that Nelson and agree with what you're saying.

The funds I meant to plough into ETH would be spare cash they have from staking etc. Staking revenues are comfortably 8 figures now, and I don't think anywhere near that much goes into the seed funding.

I only say it because of George and Kelds answers to Raoul's Q, and I trust their take on things. It's splitting hairs anyway. I trust them to manage the portfolio, hence why its my biggest holding.

George & Keld's interview with Raoul Pal and Real Vision when both asked who they thought would succeed, if they could only bet on one project, I can't remember the answers exactly but both mentioned ETH. I would feel even more comfortable here if KR1 had a larger stake in ETH, being honest. I think we hold 4000. It would be great to see them chuck some staking revenues into ETH, rather than back into KSM or DOT.

Could hit $1b NAV once Acala and Astar go live.

I think in the main, KR1 is a bet on DOT and it's developing eco system. Kathie Wood and others always say follow the developers, and DOT is developing at a faster rate than ETH did at same stage of development - https://twitter.com/gavofyork/status/1479032010702307328/photo/1

If DOT matures at even half the rate that ETH has up until this point, then KR1 shares are going to be very valuable in the future. All these parachain winners are only going to add further to the network effects.

Feels like DOT is more of a slow burner compared with say Solana but will be much more of a robust project in the long run, based on comments from people who are building this new frontier.

That said, ATOM, LDO, ICP or Rocket Pool could be one of the projects that turn into the next Amazon or Google equivalent from this early developing crypto market. 99% will no doubt fail, but similar to the dotcom bubble, the companies that do succeed will become monsters. If even 1 of KR1's picks does succeed, then it will look after shareholders long term.

The downside here is obviously if a crypto winter hits and we go sideways for x months/years. I think personally, with the market as big as it is now, and the amount of developers and brain power working in the space, I can't see a crypto winter like we saw in 2018.

I think the part that will be too good to be true is the $18-$25 valuation.

I believe all holders will able to trade in a couple of weeks or so, so more realistic price of $5-10 after that inevitable selling pressure.

Still significant for the NAV and as you say roley, still more parachain winners to be added. Their original stake in these are much bigger than the seed rounds, where they are always limited to less than $500k, sometimes less because of the demand the projects receive.

They can stake Moonbeam aswell, and so the money snowball continues..

Great couple of RNS's last week. Bids boat is floating again.

Any thoughts on margins for the minimum $30m deal? I am guessing it will be a combination of the new AAA mobile (Surely EA) and their newly signed up reseller, Azerion.

Between EA calling the shots and Azerion reselling, is it fair to assume bids margin of the $30m is going to be much smaller than 30%? Just trying to get a handle on cashburn. Still a great deal, bids likely already done their heavy lifting.

Interesting, thanks roley.

Big raise from Admix. An enviable amount in the eyes of bidstack I am sure.

Where are you ranking the players in this category roley?

Take part in the latest fund raise? Or have they trimmed any from their £1m investment last year?

His take home since they listed, after salary and share sales must be approaching £1m I would guess. You have to ask whether he probably cares. With expenses I am guessing over £1m, same with Fran. Not bad work if you can get it.

Didn't they all get new options aswell at the last fund raise. Not too shabby.

And v good question Pedro, I’d be interested in views on this also.

I don’t think anyone needs to get defensive. I’m not disputing these guys genius, I have a large holding.

I’m simply making the observation questioning where the incentive is for them personally to uplist, and subsequently why they would do shareholders a favour and uplist. Let’s face it we aren’t a priority, like 99% of companies.

Not disputing the performance of these guys at what they do. ROI like nowhere else.

Possibly but they don’t strike me as the types who seem bothered by any of that and wouldn’t be affected by any foul play and temporary drop in SP any way. More interested in the tech projects and being at the building level with crypto people. And financial incentive for them linked to NAV, doesn’t require uplisting.

Playing devils advocate but what actions from George and Keld have demonstrated shareholders are high on their priority list?