Forbole’s Monthly Update Oct 2019 ++

Photo of Hong Kong by Rikki Chan on Unsplash

Note: I think I have missed something in this monthly update and hence wrote this supplement.

Another exciting month has gone. So where are we now?

• Cosmos Hub: We have started to raise our commission (tweet). According to our stress test, nearly 30% of our delegation are purely price-sensitive and will choose 0% validator under all circumstances. Let’s see what will happen to us!
  Follow-up: at the same time, there are some delegators who are not purely price-sensitive:

• V Systems: We have joined V Systems as a Supernode candidate. V Systems, which is currently ranked #44 on CoinGecko, was created by the legendary blockchain developer Sunny King, who had previously created Peercoin (the first PoS cryptocurrency) and Primecoin. I guess V Systems may not be on your radar yet but we find that their tokenomics is really interesting. Click here for our announcement.
• Big Dipper: Our bilingual (English/Chinese) validators’ series is coming. Please contact Shilin (not shilling!) for more info.
  (You may also join our community on Telegram)
• Desmos: We will start an internal testnet within 1–2 weeks. We invite you to co-build this project together. Please check out below pitch. Your early participation is crucial to the decentralization of Desmos. Please express your non-binding interest here.

Become Co-builders of Desmos

• Forbole: Our staking portfolio has expanded to 17 blockchains. After some failures and pivots, our model has become more complete, proven by a platform used by people from all over the world (Big Dipper), a business with MRR (staking) and an x-factor (Desmos). We plan to start another high-res fundraiser (probably before the end of 2019). We found that fundraiser is a wonderful way to educate the market and help more people to join crypto space.

Thanks for your time. Enjoy the ride and hodl!