RE: Looking forward at current predictions by Tony F18 Sep 2023 10:18
Slug /Blu - perhaps the current management have learnt - who knows.😀
I do get the scepticism here based on past performance - micropayments was a catastrophic waste of time and money, but at the time there were many many informed commentators that believed it was the next big thing, they diversified into cross border transactions but clearly hadn’t allowed for the liquidity issue.
So here we are now, after announcing the major shift into building a Blockchain and our friend Mr Meinhard no longer at the helm (was he pushed or did he just go). 18/24 months later Pendulum,Amplitude,Spacewalk,Nabla have been created but not completed (Crypto projects are never truly completed) and I think it is safe to say that the developments has proven more difficult and complicated than maybe first conceived. (In my experience this relates to pretty much any IT Project) But it is clear from the repositories that progress is ongoing. Coding is being committed daily and very often large amounts. I am no techie but I cannot stress how complicated it all is.
I think we also have to take into account the crypto bear market, now the longest in history by over six months or so and has a huge effect on everything from VC funding, coin Market caps, partnership opportunities , new projects being incubated, valuations etc etc. I have no doubt if Pendulum had launched 18 months earlier everyone here would have taken a very nice profit as PEN would have been many multiples higher. There are signs of green shoots but in reality I think we will be well into next year before real improvements are there. (for the record I believe 24/25 will see new ATHs in BTC and crypto which may account for my pretty relaxed stance here)
anyway enough rambling - one thing we do all agree on is monetisation so looking forward here is a very concise article explaining Nabla potential.
https://revelointel.substack.com/p/what-you-need-to-know-about-nabla
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