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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.

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.

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Price: 5 GBX

NEX:KR1
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Full interview: KR1 PLC adds three new investments to its blockchain...

KR1 PLC's (LON:KR1) George McDonaugh speaks to Proactive London after adding three new investments to its blockchain technology portfolio costing around US$416,000. The first investment is US$100,000 into Vega Protocol, the second investment is in Edgeware and the third and final investment...

on 4/11/19

2 min read