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.
Source Link www.proactiveinvestors.co.uk
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