We were delighted to participate in Moonbeam investment round alongside Hypersphere Capital and HashKey Group in September. Moonbeam is an Ethereum compatible smart contract platform on the Polkadot network and is a new, powerful, scalable blockchain that makes it easy to build interoperable decentralised applications (“dApps”) that can integrate and run in parallel with other blockchains, including Ethereum and Bitcoin. The Ethereum compatibility allows developers to deploy existing Ethereum smart
contracts to Moonbeam with minimal changes. As a Polkadot ‘Parachain’,
Moonbeam will benefit from the shared security of Polkadot and integrations
with other chains that are connected to Polkadot.
Moonbeam is being led by Derek Yoo and his experienced team at PureStake, who provide the protocol implementation for Moonbeam. The project is currently in active development and is expected to reach mainnet by mid-2021. …
We just published our Managing Director’s Report and audited final results for the year ended 31 December 2019, please find the annoucement directly on the AQSE exchange website.
Financial markets tend to explore the boundaries of an asset’s value, spiking upwards to test highs, and capitulating downwards at moments of deep uncertainty. These last few years in the crypto markets have seen both ends of the spectrum in full force. The one constant has been the ever-expanding number of credible and exciting startup projects launching new disruptive systems using blockchain and decentralised technologies. KR1 has been continuously investing in these new projects through this market volatility cycle. …