KR1 Share Discussion Threads

[slicethepie] 08/7/2020 21:33

If they knew the winners from the losers they wouldn't need to work! I can see nothing wrong provided Kr1 get their holding first, this is commonplace in the venture cap world so nothing new. I would like to see them have more invested in Kr1 but gm has 1m shares plus 1.9m options. I would also note they are not paid much ie total directors pay in 2018 £146k. You have to believe and trust in people managing money on your behalf I think we have two of the best here.

[botak54] 08/7/2020 19:42

That must be illegal slice surely ?
If George / Keld & the Crew are permitted to back nailed on projects with there own cash but use shareholder funds to back there ( not so nailed on ) Geek Mates Projects like V01t ?? + have only a minuscule shareholding in there own company ?
Mhhh

[botak54] 08/7/2020 18:59

Explains the lack of Shareholding from BOD slice ,Thanks
Positive or Negative ,Its a naughty trait !

DeFi now standing @ $2.14 Billion

[slicethepie] 08/7/2020 18:37

I think they are allowed to invest alongside Kr1 in the underlying projects. This would only happen if Kr1 get their full position.

[botak54] 08/7/2020 18:04

Guy,s ,May I ask clarity on (co investment in the project by the team ) Is that referring to KR1 Management & Team staking individual positions independently from KR1 portfolio direct investments in RNS,d projects ?

[ironstorm] 08/7/2020 17:33

I get what you mean by costs of aim. But there would be greater interest and pressure in terms of shareholder value.

As it is (and as you mention (re. Co-funding) this is very cosy. Management get two bites out of every deal. So far shareholders not so much.

On Serabi - I am in much lower so gyrations around 80p don’t mean much to me. It yet tried to sell. Much to do there still to get right level of interest. Same as here I guess.

[slicethepie] 08/7/2020 17:29

Sorry for the attack but I think this is one of the most exciting plays in the market and would hate it succumbing to pressure to move to Aim as it would not be in current shareholders interests.

[slicethepie] 08/7/2020 17:26

I must also add that Kr1 even at today's prices has not been a bad investment unless you bought in the spike or in the boom then you are probably making money which in the current market and before many of the projects have reached launch is pretty good from my perspective.

[slicethepie] 08/7/2020 17:17

I note you are also in serabi which I hold, despite this being an in vogue gold stock try selling more than £10k worth, hard even on a good day! Aim is not the answer ...good performance is!

[slicethepie] 08/7/2020 17:13

There is zero logic in this going on aim, firstly it will cost substantially more, secondly the way it is run will change as I suspect the tighter rules will not allow any co investment in the projects by the team, thirdly it will not improve liquidity ( aim is full of illiquid stocks), finally the team will be spend more time on admin and less on running the fund. If they can show value in the projects this will come out as they will pay divis, buyback shares etc they are in the same boat as us !

[botak54] 08/7/2020 16:54

ironstorm
The latter 100%, Indeed this forum touched on the exact same suggestion previously and I havementioned this to George Mcd in an e mail

[ironstorm] 08/7/2020 15:44

To me the issue is two-fold.

Firstly, there is NEX. It will never get sufficient audience - however remember lack of liquidity plays both ways.

Second, there is no clear roadmap showing how shareholders will benefit and what the value milestones are likely to be. For me at the moment this appears to be paying for the employees. If the model was tweaked so that shareholders benefited (perhaps divis based on staking profits) with a longer term play on investing (and the major part of the return) in the successful blockchain developments / programmes.

[botak54] 08/7/2020 15:23

Maybe an accessible table of Investments with Live value ( Brief description of roadmap specifically to that investment attached ) would go a long way
For Me the Web 3 aspect is or might well be uber lucrative with Dfinity at point <, Cosmos is an earner and a Huge net asset + the DeFi sector in particular is a very attractive reason to hold as growth short term is projected X 10
, Whereas KR1 is more of an eth play on DeFi,COIN are an BTC play on DeFi with IOV Labs and RSK Partner * Money on Chain * The new JV might surprise a lot of people !!!!!!
But Yes, The Geek nature of KR1,s infrastructure does need some layman terms to help all potential make an objective decision

[capt bligh] 08/7/2020 14:39

I shouldn't be in this share really, as I find ubergeek tokenworld very confusing. But its my sole crypto play so there!, and its an asset class as yet unsullied, with anything other than controlled inflation (ie mining) . I think our two guys are amiable blokes, but their presentations. ( mainly to the converted) go way over my head. They would do the company an enormous favour to write an idiots guide to their blockchain holdings and why they invested.

[failedqs] 08/7/2020 13:59

I must also admit to being a bit frustrated at the lack of share price "action" with KR1.

I feel the fact that the share is traded on Aquis (formerly NEX) is a major factor of course for larger and more serious investors staying away for now. I also recognise that the company is perhaps not large enough to make the move to AIM at this time, so there is no easy answer.

My hope is that one (or maybe more) of the investments in the portfolio becomes dramatically successful, thus resulting in a more compelling argument for moving to a larger trading exchange as a result of a larger market cap. Cosmos is currently doing very well, and I expect the rerating of that particular gem to continue. Any move to a larger market at the appropriate time will, as we know, result in greater exposure for KR1 and hopefully greater understanding, and then a higher rating.

Originally, I saw this company as a play on alt-coins. I have traded in and out over the last 2-3 years and now have a decent core holding I am happy to sit on for a few years. I now see it as a broader play on blockchain technology and the huge DeFi market, and have a great deal of confidence in the management despite the muted share price. (Any time I see them doing presentations I get a feeling of confidence that I don't get with Coinsilium!!)

I have about 45% of my personal "crypto investment fund" in KR1 (other circa 50% directly in BTC and ETH, and 5% in Coinsilium) - I have my fingers crossed that in another 2-3 years blockchain will be more fully understood and will be a fundamental requirement for any serious investor. DeFi in particular is going to be a booming area of growth I think, and we have stakes in many companies who will be key players and will prosper.

Final results in the next 2/3 weeks hopefully, with some words of guidance, and we will then maybe have a better idea of where the company is heading.

Good luck all.

[botak54] 08/7/2020 13:05

Thanks Guy,s for your opinion all be it a conflict of opinions , Why are they not generating interest ? NEX ? Maybe
Supply and demand is the basis of our investing approach, George & Keld need to step outside of the * Crypto Geek ^ circle and view KR1,s prominence from an ordinary investors point of view, And ask themselves why are the great investing public not interested in our sucsess story ? These Guy,s IMO are top of the tree regards picking projects but need to broaden the viewing platform to highlight there business acumen

[slicethepie] 08/7/2020 12:23

You could argue this is a lifestyle company if having 2 of the best investors in this space being employed to discover the most exciting new ideas in this emerging area. If this were a lifestyle company I suspect they would move to list on aim, raise more funds and pay themselves a load more money. This would dilute all the exciting plays within the fund and I for one would be massively disappointed. The excitement will come when 3rd party value is placed on their investments and then the investment herd will arrive. I think a lot of investors in this space either think they can do better by investing in underlying projects or own binary plays such as Argo.

[botak54] 08/7/2020 08:58

Interested to know the genuine thoughts of other holders of KR1,Been here an awful long time and have strong faith in the future of Crypto Fintech but there is quite obviously a lack of belief in KR1 , Did the V01t debacle shine a light into the investment structures frailties ,Do Pi,s view this as a Lifestyle company ?
Anybody

[botak54] 08/7/2020 08:36

With DeFi now @ $2.04 Billion locked in showing tremendous growth potential ,The Crypto ecosystem seems to be simmering in preparation for expansion , Some Excellent results from Ox, Nexus Mutual , Cosmos etc , Yet KR1 is again suffering a sell off ,The share price was 7.8 on the 10th of June ,Now moving down into the 5,s
Just dont get the lack of positive sentiment ,The Investments are sound the BOD highly experienced players in the Crypto World
So WTF is wrong here
Anybody ?

[botak54] 03/7/2020 16:22

The recent liquidity farming craze has catalyzed DeFi markets so much that they have now become the quickest growing sector in the crypto industry.

hxxps://invst.ly/rb-oh

[failedqs] 25/6/2020 18:00

Results out by end of July now - RNS today, 1 month extension.

[botak54] 22/6/2020 11:11

KR1 should be in a position to capture yield should the DeFi explosion continue

Digital asset markets showed resilience after a difficult start to the week. Bitcoin (BTC) was down ~1% and trading near the US$9300 price, this is despite dropping below US$9000 on Monday, June 15th. The second and fourth-largest assets on Brave New Coin’s Market cap table Ethereum (ETH) and XRP(XRP) fell ~2% and ~3% respectively.

While traders may have had an up-and-down week, the decentralized finance (DeFi) ecosystem exploded in value. DeFi describes the interconnected networks of financial software built on platform blockchains that allow users to access borrowing and lending services using digital assets as collateral

In the last week, over US$500 million worth of new assets have been locked into Ethereum DeFi applications. The total value of assets locked into DeFi crossed US$1.5 billion for the first time. Compound, a protocol that lets users lend or borrow against a variety of ETH-based collateral, accounted for much of this surge in value.

According to the creator of Ethereum, Vitalik Buterin, the surge in popularity has been caused by the demand for Yield Farming. Users can earn native tokens like COMP on Compound by providing liquidity and earning interest. Some DeFi experts have suggested that if lenders use enough interconnected Ethereum lending apps together, they can farm yields and earn as much as 100% p.a. on US dollar-pegged stablecoins.

The value of the Compound protocols native asset, COMP, has subsequently grown by over 300%. Compound is now the largest application in DeFi in terms of value locked, while COMP has a market capitalization of over US$900 million, and will soon be listed on the major American exchange Coinbase Pro.

Ren, Curve, and Sythetix announced that they would be partnering to create a new Yield Farming product that would incentivize lenders to deposit BTC into interconnected liquidity pools. Users who lend the BTC ERC20 variants renBTC, WBTC, sBTC will earn yields in the form of native protocol tokens like Synthetix Network Token (SNX), Ren(REN), Curve token (CRV), and Balancer (BAL). The goal of the product is to create the “most liquid Ethereum based BTC pool available to offer traders access to the lowest slippage for trades between sBTC, renBTC, and WBTC.”

[giantpeach2] 22/6/2020 08:29

Thanks for that.

[botak54] 21/6/2020 09:35

The apparent runaway success of the token offers a glimpse into just how frenzied the speculation has become over the future of decentralized finance, or DeFi – blockchain-enabled systems, mostly using the Ethereum network, that allow for the lending and trading of cryptocurrencies and other digital assets, without the need for trusted intermediaries like banks and centralized exchanges.

“DeFi is hitting its stride and the space will continue to accelerate,” the research firm Delphi Digital wrote Wednesday in a report.

Make that comp token $300 + & moving fast