Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
From the RNS the tie ups with the 3 large telco companies from Malaysia, New Zealand and India sounded very promising.
New Zealands largest telco - is this Spark ? Spark now has it's own e-sports hub for "both professional and aspiring gamers" http://edenpark.blackfoot.net.nz/wp-content/uploads/2021/04/Spark_esports_MedR.pdf
I find the India prospect particularly intriguing because of Dynasties mention on it's web site of the aptly named "Googly" which it states "Googly is set to disrupt mobile gaming in India with it's pioneering approach and multi-disciplinary team". Cricket ?
in Malaysia it appears Maxis Communications are the telco as again they are featured on Dynasty's website. Found an interesting job vacancy for Maxis Communications https://malaysia.indeed.com/jobs?q=Maxis%20Communications%20gaming&l=Bukit%20Raja&vjk=5b1feaae5ee67ca0
On Dynasty's website Saudi Telecom are also mentioned as partners. It appears STC are getting into e-sports in a major way https://www.theguardian.com/sport/2022/mar/21/saudi-arabia-expands-its-sportswashing-ambitions-to-the-world-of-gaming.
That's the hope !
To expand on the padlock example, all the locations would be stored along a blockchain so all that data available to delivery companies etc too. I get that big data is a huge part of blockchains too.
I mentioned a padlock in the same sentence as the fridge wrongly..initially I was going to mention an example of a smart padlock that may have an option to unlock and locate it using a d-app anywhere in the world paying with crytpo. Changed my mind about saying it but didn't edit my post properly.
So that's my explanation for the typo but actually could have some real world relevance.
With pendulum the bridge as I understand it would be that even though the d-app and IOT device is designed to work with crypto payments, Pendulum would allow fiat also through its bridge.
I could be miles away with how I'm looking at this stuff.
Made a few typos there but hopefully you get the drift.
My interpretation of Pendulum is that it opens up the world of De-Fi apps (DAPPS) to anybody without the obstacle of having to use and convert crypto currencies, hence it being a "bridge" between the real and fiat world.
Rather than being a competitor therefore of global payment providers, I see it as acting in an ancillary way.
The world of De-Fi apps is at best in its infancy and so none of us can properly comprehend what it all means. "Traditional" apps such as GPS mapping, social media, shopping, contact payments etc etc etc have all revolutionised the use of smart phones today, but nobody could have understood this properly back when the first camera phones emerged.
The decentralised element of the blockchain world though now takes all this up a notch, along with the "internet of things " (IOT) devices that we mostly are not using day to day yet but are on the horizon. Smart phones may even be defunct in a decade or so by replacements.
But IOT devices could utilise D-APPS in a way we can't properly comprehend yet, and smart automated payments for these D-APPS currently may be designed to work only with crypto currencies. These D-APPS and smart IOT devices could be anything from anything a padlock a fridge that recognises when a new automated order for milk needs to be placed, to an electric automated car driving itself to be charged up. It's nascent technology so I make no apologies for not coming up with real world examples.
However the "bridge" as far as I understand it is partly what Satoshi Pay are working on through Pendulum. So instead of having to use crypto to pay for these d-app technologies, fiat currencies may also be accepted.
I could be totally wrong in my interpretation.
Ragnar seems to have a much better handle on any of this stuff.
What time today was this released ?
People are generally discussing a potential bid by DFS as to the rationale behind the share price rise today.
Could however there be other things going on in the background in connection with Eve's CBD Oils, perhaps more distribution channels for them specifically.
It's a market that seems to be growing fast.
Alexander in the same video also made the point that the top 50 blockchain projects were all worth multiples of billions of dollars, and the top 100 (at the time of the video) over a billion. It's difficult to comprehend why SatoshiPay is valued at a tiny fraction of any of those.
We desperately need a proper update of both SatoshiPay and Dynasty.
An update on all of the fledgling e-sports companies also would be very useful. We just have no idea really what's going on with them.
Does anybody have any idea when we will get to know more ?
As a layman, I often try to visualise what the real world use of crypto, web 3.0 and decentralisation actually will look and feel like in the real world.
At the moment it seems to be very much about trading digital coins and loading up digital wallets etc.
In a recent interview on Vox MarketsAlexander Wilkes discusses how SatoshiPay is looking to remove the barrier to entry of digital wallets and enable fiat currencies to be used within the de-fi space. But again, what does he actually mean by that and how is it relevant ?
In trying to understand all this I cast my mind back to when music was first digitised. We had mp3's and these were actively (illegally initially) shared across either a slow internet connection or on floppy discs with file sharing software. This not only removed the barrier of entry with needing a physical record or CD player but also astronomically widened the selection of music you could listen to. All you needed was a computer generally speaking and you could listen to anything. Later on all you needed was a mobile phone.
Move forwards 25 years or so and now we are talking about not digitising just music and video, but in fact practically everything using non fungible tokens (NFT's). Does this in effect create a kind of super global modern day barter economy, where instead of only being able to trade using local currencies, people anywhere in the world can trade or share with whatever they own, whether thats a service or a physical asset within a converted digital form ?
if Wikipedia did to encyclopedia's what Napster did to music - can a company like Satoshi pay do a similar thing with the digitised information stored within crypto currencies by removing barriers to entry of digital wallets ?
You seem very confident about calling the top at around 2- 3p. Nobody can be sure but as you always refer to crypto as "crapto", you clearly aren't a fan of that space as many people aren't. That's fine but calling the top here I think is something I wouldn't like to do. Yes it is only "potential" at this stage, but the same could be said for many projects in this space, that already have mind blowing valuations.
Ha, I can only dream of being in your position mate (I don't mean steaming either,. . . .the poison has put me in some very bad places and giving it a very long and perhaps permanent hiatus). However mate everybody is free to sell whenever they wish if course ! I'm sure it wouldn't be the first time 10%+ of the shares have moved hands lol. Best of luck to you whatever you do. I can't see me selling this until I know the TRUE FUTURE value of Pendulum and the market cap reflects it, whatever anyone else does.
Best of luck. Don't think you need it as much as I do though lol.
Too much potential in my post lol
Yes exactly. I think we all can see the potential. It's so scary though that from this level, even though I dare dream I don't want to get too carries away just in case. But yes, the potential of what this could potentially do is eye watering.
Of course, as £1 per share at the current state of play would be a market cap of £6.5 billion. Even the biggest optimists on here would be cagey of suggesting that. Having said that, have you seen the market caps of some of the leading blockchain and crypto players ha !!
Hardly comparable having just read the last annual report and circular for Vela. Doesn't even come close.
blocked
Give it a rest. Investors can clearly see the future potential here with SatoshiPay, Pendulum, and Dynasty is absolutely HUGE. This will be heavily future priced and rightly so !!!!
The whole beds & mattresses link on dfs is having a glitch thats all. Eve sleep still there.
Yes, intriguing and also frustrating at the same time.