14th Feb 2023 11:04
Blue Star Capital PLC - Sussex-based investment company focused on e-sports, payments and technology - Notes that smart-blockchain infrastructure technology company Pendulum has announced that the Pendulum parachain has gone live on Polkadot mainnet. Blue Star investee SatoshiPay has 5.5% interest in Pendulum's future tokens. Blue Star owns 28% of SatoshiPay.
Pendulum says that the Mainnet launch is the first phase of a three phase Pendulum launch roadmap. Phase two will be the token transfer event that allows for the transfer, but not the trading, of tokens. The final phase will be the PEN listing on the Zenlink automated market maker, which will come with "opportunities to earn rewards from providing liquidity." Pendulum expects to complete the launch roadmap by March.
Current stock price: 0.28 pence
12-month change: down 28%
By Sophie Rose, Alliance News reporter
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