George McDonaugh, chief executive, KR1 PLC (LON:KR1) investment in Cosmos

KR1 Plc ‘thrilled’ investment in Cosmos beginning to generate ‘significant’ yield

George McDonaugh, chief executive of KR1 PLC (LON:KR1), chats to Proactive London’s Andrew Scott from Blockchain Week in New York.

 

Proactive Investors Stocktube Published on May 15, 2019

 
He says they’re beginning to see ‘significant revenues’ from its investment in Cosmos – a major ‘proof-of-stake’ network in their portfolio.

Proof-of-stake networks see participants ‘stake’ their tokens as a security deposit, from which they receive a fee or yield for committing their tokens to help validate transactions.

 

Andrew Scott

Source Link www.proactiveinvestors.co.uk

 

Article originally published by proactive investors. Share Talk is not responsible for its content or accuracy and may not share the author’s views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.

 

 

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