NOV 12.0% 5.6¢ novatti group limited

What's the value of Stellar for Novatti?

  1. 556 Posts.
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    Couple of queries. Not sure if anyone can answer...perhaps it's just to have a conversation but here goes...

    The crypto-currency Ripple (XRP) is currently having a run.
    So is Stellar (Lumen) XLM.

    Does anyone have any idea what the Stellar.org is worth to Novatti?
    I tried to get a sense by going through the quarterlies but wasn't too sure...
    I know "Novatti processes financial transactions on a percentage of revenue basis" and  for financial processing they have a "run rate circa $750k and growing rapidly". I'm wondering if Stellar transactions increase, what will that mean for the run-rate?

    As more people become aware of the speed and cheapness of fess on XRP I wouldn't be surprised if an increased interest in Stellar develops also.

    My understanding is that Stellar is a fork of Ripple (https://galactictalk.org/d/242-difference-between-ripple-and-stellar). Fees on XLM are small (see https://www.stellar.org/developers/guides/concepts/fees.html) Given that one Lumen is currently about .24 USD (https://www.coingecko.com/en/coins/lumens). Fees are going to be about .00001 x 24 cents = .00024 cents. Not so great for making lots of money processing XLM but if the volume of transactions increases then it could get interesting.

    So what might increase the volume of transactions?

    Low fees are great for sending crypto around. At least that was one of the ideas but Bitcoin fees are sooo high right now ...see https://estimatefee.com/ . Part of the interest in XRP may also be low fees.  Slow confirmation rates (i.e. transaction processing times) on bitcoin vs fast on XRP and XLM bode well too. Stellar is looking good right now.

    If Stellar's coin the Lumen (XLM) continues to increase in value like XRP will it significantly transfer value to Novatti through their financial processing operations? By how much?

    Just some musings...any thoughts / comments welcome.

    D
 
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