Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Been looking at what the potential Dynasty value could be and a lot happened since the $50m fundraise evaluation in April 202.
Firstly they added two quality leadership hires
David Baxby as Chairman – previous experience as CEO Virgin Group Pacific Region and co-CEO Virgin Group
Daniel Horan as Chief Customer Office – Previous experience CEO Vodafone Quarter, CMO Saudi Telecom Axis Indonesia, working on partnerships with Spotify, NBA, Disney, Netflix and Google.
At the March 2022 results it was confirmed that The proprietary EPM platform with Malaysia esports federation (www.mesf.gg) went live and a fully embedded gaming shop in partnership with Boost, Malaysia’s largest e-wallet provider.
It was also confirmed that Jan 2021 the company was in profit with growing cashflow and a healthy balance sheet.
April 2021 they announced three new multi-year agreements.
A platform was launched with Malaysia’s leading Telecoms in Feb 2021 “launched to millions of potential customers and already experienced significant registered and paying user traction”.This has since been confirmed in the Sept update as being Maxis Bhd (maxis.com.my) and “The initial traction has far exceeded expectations” Maxis Bhd have approx. 11 million customers.
A Partnership with New Zealand’s Largest Telco. The largest Telco in New Zealand appears to be Spark (www.spark.co.nz with a market cap of around 9.6 billion NZD. The second largest is Vodaphone. It was not confirmed exactly what the details of the agreement was for.
A “market leading Indian Group that operates within the digital payments, sports and media industries with a 330 million customer base. The agreement was for a NFT marketplace platform. No additional information. I have searched NFT marketplaces based in Iindia and there are only two that I can find that launched in 2021. Bollycoin (wwwbollycoin.com) and Jupiter meta (www.jupitermeta.io) but I can find no link to Dynasty on either.
At this time they also confirmed a change in revenue strategy away from a standard SAAS model to a more integrated fixed license fee and managed service with revenue share providing significantly higher revenue that the previous model
The September update then confirmed an agreement with Lets Play Live Ltd, Australias largest tournament organizer and gaming content creator (www.letsplay.live) and a scheduled platform launch is set for Jan 2023. A quick check shows they have worked with the likes of Playstation, Sony and Logitech and have 385,000 members.
The update also stated that there were a number of other multi year contracts which are subject to confidentiality, and they also stated that they were in ongoing discussions with large telcos and tech companies, and the scale of these contracts, if successful would be “significantly larger than existing partnership agreements”
And finally they recently entered a game publishing agreement with Pioneer Media Holdings with a focus on Web3 gaming.
For those interested Pendulum have released a short video showing the Spacewalk bridge in action - Its a bit technical but basically its working :-)
https://www.youtube.com/watch?v=_GHio1YbvKg
For info - Companies that Pioneer Media Holdings have bought over the last year
https://www.larvalabs.com/cryptopunks
https://www.kodokustudios.com/#aboutus
https://roundhousemc.com/
https://ngmi.biz/
https://crowdform.studio/
Going live Q4 2022
https://www.metakit.games/
Under the Agreement, Pioneer has granted Dynasty an exclusive license to publish, market, promote and distribute its portfolio of games to its partners throughout Southeast Asia, India, and Australia. Pioneer is using its proprietary MetaKit platform to remove player onboarding friction, accelerate game speed to market and provide great web3 games driven by loyal player communities on the blockchain. The Company already has a robust pipeline of games across multiple genres ready for launch in the next six to twelve months.
This is interesting - Matt Lodge and Crispin Tristram are listed as part of the Pioneer team and Mike Edwards is Chairman
https://www.p10neer.com/
Here’s How Web 3.0 will Revolutionize the Gaming Industry
https://crypto.news/heres-how-web-3-0-will-revolutionize-the-gaming-industry/
Pension - thanks for the post - this is getting very interesting
Pioneer Launches “MetaKit” Its Proprietary web3 Gaming Platform
https://www.globenewswire.com/en/news-release/2022/10/03/2526507/0/en/Pioneer-Launches-MetaKit-Its-Proprietary-web3-Gaming-Platform.html
Forgot LSE doesn't allow some links - replace asterix with shareprofits
LeatherRebel
https://www.*************.com/views/64714/breaking-deepverge-on-week-long-roadshow-seeking-8-million-at-just-3p
Lets also hope Amber AMM gets things right.
Uniswap Labs valued at $1.66 billion after $165 million Series B
https://www.theblock.co/post/176944/uniswap-labs-valued-at-1-66-billion-after-165-million-series-b?__s=mukkgz9gdgkmgk4vlljv&utm_source=drip&utm_medium=email&utm_campaign=Sweet%20and%20Steady%20Syrupy%20Goodness
Gazzleberry - conkers is highly underrated in my view
https://www.worldconkerchampionships.com/
BodRuncie
CBDCs (Central Bank Digital currencies)will/are simply a digitised form of FIAT money so the simple answer is yes.
Pendulum is basically building a secure trusted bridge from FIAT money into the crypto space, specifically into DeFI (decentralised Finance) which is currently not really available in any easy secure and cost effective way. So CBDC simply replaces FIAT in that bridge.
Probably the more important question is the future of DeFi because currently traditional finance is not really involved in de-centralised finance and it is Pendulum that is working on changing that. Global traditional finance is approx 100 trillion USD while DeFi is currently about 60 Billion USD. Imagine if Pendulum is successful.
Take look at these couple of articles to help explain
https://www.forbes.com/sites/forbesbusinesscouncil/2022/06/28/is-the-future-of-finance-decentralized/?sh=7d7fe5d27744
https://cointelegraph.com/news/defi-can-be-100-times-larger-than-today-in-5-years
In light of the upcoming Pendulum Parachain Auction and the subsequent launch set for early 2023 I have been looking at the crypto market as a whole to revue trends and attempt to put some viable guess as to where bottom is and when a turning point may come. I am of the view that bottom has roughly been hit, I could be completely wrong, but I have been seriously accumulating various crypto assets over the past 6-8 weeks accordingly, ready for the next bull run. Briefly here is why.
The basic gauge of the crypto market is Bitcoin, Various Altcoins have their own individual prospects but as a market wide measure Bitcoin (for me) is the test.
There have been 5 Crypto crashes.
2011 – Having reached $32 it fell within a few days to $0.01. This crash was largely due to the Mt Gox breach where 850,000 BTC was stolen.
2014 – It is important to remember that this is the beginning of crypto and it took a couple of years for BTC to recover but by 2013 BTC reached $100 and then surged to reach $1000 by the end of 2013 but then entered the second bear market falling to a bottom of $270 by the end of 2014, at which time it remained pretty static until Aug 2015 when the next bull run took it back to $1000 by the end of 2016 and by the end of 2017 BTC reached an all time high of $20,000.
2018 – Bear market no 3. BTC fell to $3200 by the end of 2018 (a 60% drop) but by early 2019 BTC rallied back to $10,000 and remained fairly static until a drop back to $5000 caused by the covid outbreak in early 2020. From that low point BTC made the big rally hitting around $63,000 by April 2021
Bear market no 4. BTC then experienced a kind of mini bear market falling back to around $29,000 in a 5/6 month period but it didn’t last long as by Nov 2021 BTC was knocking on the door of $70,000.
Bear market no 5 (now). The price started falling late 2021 and has continued falling to around $37,000 and started rallying again before the Terra collapse in May and has since fallen again to a low of around $18,000 and has now settled to roughly around the $19/20,000 mark in June/July 2022 where it has now been trading sideways for the last three months.
So roughly speaking
Bear market No1 – Duration 185 days and Reduction 40%
Bear Market No2 – Duration 415 days and Reduction 83%
Bear market No3 – Duration 365 days and reduction 84%
Bear Market no 4 – Duration 150 days and reduction 62%
The current bear market has now been around 330 days (started Dec 2012) and has a rough reduction of $70% from its all time high.
So for me we are bouncing along the bottom and time to accumulate and hopefully Pendulum can time its Parachain launch during the early stages of the turn next year. All IMO.
AIM Rule 10
An AIM company must take reasonable care to ensure that any information it notifies is not misleading, false or deceptive and does not omit anything likely to affect the import of such information.
Rule 11. An AIM company must issue notification without delay of any new developments which are not public knowledge concerning a change in:
? its financial condition;
? its sphere of activity;
? the performance of its business; or
? its expectation of its performance,
which, if made public, would be likely to lead to a substantial movement in the price of its AIM securities.
Rule 17
any material change between its actual trading performance or financial condition and any profit forecast, estimate or projection included in the admission document or otherwise made public on its behalf
Rule 31
? ensure that each of its directors accepts full responsibility, collectively and individually, for its compliance with these rules; and
11
? ensure that each director discloses to the AIM company without delay all information which the AIM company needs in order to comply with rule 17 insofar as that information is known to the director or could with reasonable diligence be ascertained by the director.
Muggins - credit where credit is due. GB is clearly a dishonest individuals d Cammillus is clearly party to the dishonesty.
America’s Oldest Bank, BNY Mellon, Will Hold That Crypto Now
https://www.wsj.com/articles/americas-oldest-bank-bny-mellon-will-hold-that-crypto-now-11665460354?st=uupvgfxyqmmi5yf&reflink=article_copyURL_share