Well done!
Stellar seems to be an interesting new cryptocurrency that solves a couple of issues of bitcoin & co. It was developed by some of silicon valley's brightest minds ('All star team') and the former founder of Ripple, which is now the go-to blockchain technology for big banks.
(https://www.investinblockchain.com/stellar-lumens-vs-ripple/ )
While Ripple seems to struggle to provide a feasible cross-border payments solution (https://www.reuters.com/article/us-blockchain-ripple/banks-unlikely-to-process-payments-with-distributed-ledgers-for-now-says-ripple-idUSKBN1J92JG ),
the stellar network seems to go a different direction as a nonprofit organisation.
Anchors, as Novatti, receive up to US$2m worth in Lumens (XLM) for their services per grant. These grants are subject to the achieving of milestones and multi-year vesting.
(https://www.stellar.org/lumens/stellar-partnership-grant-program/ )
So only if the Stellar network gets traction in the AUD corridor, Novatti has an additional revenue stream; in excess of the US$2m, if the price for XLM increases.
(https://www.coingecko.com/en/price_charts/stellar/aud )
I'm expecting no big upside in the short term, but good for Novatti to have ticket in the cryptocurrency lottery.
- Forums
- ASX - By Stock
- Ann: Novatti - AUD Utility Token Anchor on the Stellar Network
Well done!Stellar seems to be an interesting new cryptocurrency...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NOV (ASX) to my watchlist
|
|||||
Last
5.2¢ |
Change
-0.003(5.45%) |
Mkt cap ! $18.49M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.2¢ | $3.985K | 75.68K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 27161 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 58160 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 27161 | 0.052 |
1 | 10000 | 0.051 |
4 | 155000 | 0.050 |
3 | 315226 | 0.048 |
1 | 25000 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 58160 | 1 |
0.057 | 71378 | 1 |
0.059 | 92446 | 1 |
0.063 | 27000 | 1 |
0.064 | 10000 | 1 |
Last trade - 11.50am 25/07/2024 (20 minute delay) ? |
Featured News
NOV (ASX) Chart |