Modern technology enables stock markets to be faster and more complex than ever.
But while the speed of order executions are infinitely more impressive across the board, the conceptual backbone behind the stock market itself hasn’t changed much. In fact, the model we use today for settling trades and ensuring proper share ownership is still based on the one initially created in the 17th Century.
Share Talk spoke to CEO George McDonaugh about their investment in the Cosmos project and what it means for the future of Kryptonite1 (NEX:KR1). He discusses his own personal background before setting up Kryptonite1 and reaffirms how their business model is working for investors.
Kryptonite1 is pleased to announce that the Company taken part in an Initial Coin Offering (“ICO”) undertaken by the Cosmos Project (“Cosmos”). The Company invested £100,000 for 1,279,840 Atom tokens in the ICO, which successfully raised a total of $16.8 million within 30 minutes of opening to the public.