Forbole’s Monthly Update Oct 2019 ++

Terence Lam
Nov 5 · 2 min read
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.
  • 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!

Forbole

PoS blockchains validation and governance

Terence Lam

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destroy modern slavery

Forbole

Forbole

PoS blockchains validation and governance