NFT Investments Plc was listed on the Aquis Exchange in April 2021 with a market cap of c. £50m as a NFT (Non-Fungible Token) investment fund. Over the following 12 months, various hyped NFT investments were made until the crypto collapse in 2022 - where FTX was outed as ponzi and bitcoin tumbled c. 400%.
In September 2022, NFT announched it was focussing on preserving cash reserves until the outlook for digital assets had improved.
NFT Today
As of August 2023, the balance sheet is composed of cryptocurrency (£27m), a small amount of cash (£2m)...
Simple and fast authenticating API wrapper for the New Zealand Companies Office. Full functionality to search by company name, company number and director.
On several projects I’ve needed a quick and easy way to build a contact form for a quick Rails project.
The temptation is to start building out a form, maybe building out a model and then playing around with a mailer or third party service (SendGrid etc). I have found it more effective and quicker to embed a form from a ticket provider such as FreshDesk or ZenDesk which both have generous free plans or trial periods.
These are quick to integrate, have built in validation, and are a great ‘stop-gap’ until a more robust system is built.
Duke Royalty (AIM:DUKE) is a listed royalty investment business focussed on the European Market. Founded in 2015 by an experienced management team, Duke now manages a portfolio of £90m.
Royalty financing is a really interesting business model and has found great success in mining industries - where traditional debt or equity financing is cost restrictive or not available and a more flexible solution is required. Royalties issued by Duke are usually long-term or even perpetual (but with prepayment/buy-out clauses.)
Royalty financing involves an upfront, one-off payment in exchange for a revenue stream for a long-term or sometimes perpetual period. Duke...
ThinkSmart retains a 10% (includes an employee ESOP of up to 35%) stake in ClearPay with an option for AfterPay to acquire the stake anytime after 23 August 2023 with a put option available to ThinkSmart six months later.
The valuation of ClearPay is based on agreed principles based on market valuations at the time of transaction.
A press release on the 23/6/2020 confirmed that trading had been positive with over one million active customers now in the UK. This growth was faster than the entry into the US market.
The Afterpay share price has continued a rapid incline...