Some time ago, I listened to an interview with Meinhard where he was asked to speculate on the potential value of PEN tokens.
He reply was something like 'Who knows? If you look at the number of coins valued at over $100 million and even the number valued at $1 billion, it's quite extraordinary. Who can say what PEN will be worth?'
Most of the alt coins go up and down in sync with BTC so I don't think it is unreasonable to see a correlation between BTC and BLU.
Doesn't sound as though we are going to have to wait longer than expected. Seems pretty imminent.
https://twitter.com/pendulum_chain/status/1532004914855133184
They raised $5 million via a private placing of PEN tokens so no shares involved and no dilution.
https://medium.com/pendulum-chain/pendulum-completes-5m-private-sale-to-connect-fiat-to-defi-56092a0506e9https://medium.com/pendulum-chain/pendulum-completes-5m-private-sale-to-connect-fiat-to-defi-56092a0506e9
https://polkadotnews.medium.com/polkadot-ecosystem-weekly-digest-april-25-may-1-a9ec3bb8efc1
https://twitter.com/aaron_pendulum/status/1519613508664631300
With Pendulum about to kick off and nobody really knowing where it will go, it seems, to me, to be a funny time to sell. I'd expect both long and short term investors to stick around for the ride. The upside seems to far outweigh the downside risk.
https://www.neofin-hamburg.de/en/meinhard-benn-invests-in-neofin/
Pendulum seems to be progressing well, though.
https://pendulum-chain.medium.com/pendulum-completes-substrate-builders-program-milestone-one-5bc2730d91b4
Interesting, updated Stellar map tweeted by XX_1133_1221_11. Shows Satoshi Pay at the heart of the network.
https://twitter.com/XX_1133_1221_11/status/1478539384806948866
https://blog.advancedblockchain.com/advanced-blockchain-ag-helped-facilitate-pendulums-first-private-token-sale/
As detailed in the above:
(Initial) future PEN token supply = 200 million.
Privately issued for fundraise - 40 million @ 12.5c = $5 million.
So, 160 million public offering to come @ 12.5c = another $20million.
Given the values put on some of the s**tcoins about that have no underlying, blockchain, usage proposition, 12.5c/token doesn’t look too demanding.
RNS out – Guild to list 2 October.
https://www.londonstockexchange.com/news-article/market-news/terms-and-conditions-of-placing/14694542
Satoshipay’s Dtransfer, launch announcement.
https://dtransfer.com/blog/dtransfer-instant-b2b-payments
Johnht – here’s the page from Sona’s website showing that they will be sourcing the reagents for their Covid-19 test from The Native Antigen Company.
https://sonanano.com/partners/
The Native Antigen Company is 30% owned by Mercia and has teamed up with Oxgene (also 30% owned by Mercia) to scale up production of reagents for Sona and others.
https://thenativeantigencompany.com/about-us/events/
Also worth noting that The Native Antigen Company are supplying reagents to BBI Solutions who are part of the UK Rapid Test Consortium that has just announced a design freeze on their home antibody test. The lead partner in this consortium is Abingdon Health (a Mercia investment fund company) who have scaled up production by taking over a production site from Concepta (another Mercia investee company). BBI are supplying the reagents for the consortium so these are presumably from The Native Antigen company.
Sona opened 85% higher today and I’m a little surprised that their news has had absolutely no impact on Mercia’s price.
Sona Nanotech have won the race for the first POC antigen test (beating Avacta). Their shares were suspended, pre-announcement, and should rocket tomorrow.
Despite the scepticism voiced by some on this site, I still believe that it will have a positive impact on #MERC who own 30% of Sona partner, The Native Antigen Company, who will be supplying the reagents to Sona and, in anticipation, have scaled up production of reagents with another 30% #MERC owned company Oxgene.
https://www.newsfilecorp.com/release/59059
https://www.mercia.co.uk/news-media/news/2020/jul/1/mip-diagnostics-raises-51m/