Coinsilium on a growth trajectory in crypto and blockchain space

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  • Coinsilium to launch global NFT hackathon
  • Coinsilium Group begins work on new non-fungible token (NFT) project to create an ‘NFT on Bitcoin’
Blockchain technology

Quick facts: Coinsilium Group Limited

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Coinsilium is a focused Blockchain, DeFi (decentralised finance) and Crypto Finance venture operator. As the first ever IPO of a blockchain company in 2015, Coinsilium has harnessed its experience and wide-ranging network to invest in leading blockchain projects such as RSK/IOV Labs, Indorse and Blox.

05 Jul 2021

() () said it will run the NFT Vision Hack, a global online hackathon focused on non-fungible token (NFT) technology, from July 7 to August 30 in a partnership between its subsidiary Nifty Labs and its portfolio company Indorse.

A hackathon is a design sprint-like event during which software developers collaborate intensively on projects with the goal of creating functioning software solutions by the end of the event.

The blockchain and open finance venture firm said NFT Vision Hack will include a series of workshops where participants will learn how to use the latest technologies around NFTs and will include four challenges: Build on Rarible protocol, NFT Payment Solutions, Scalable NFT Art Projects, and Gaming and NFTs.

Participants in the hackathon stand to win over US$68,000 in prizes and grants, Coinsilium added.

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01 Jul 2021

()() said although the Open Finance and non-fungible token (NFT) markets are in their infancy, developments in the past year and a half have increased confidence in the company’s ability to generate credible revenue streams.

The group’s financial results for 2020 showed a net fair value gain of GBP565,713 compared to a gain of GBP572,805 in 2019 with a gain from continuing operations of GBP309,590 compared to a loss of almost GBP259,000 a year earlier.

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25 May 2021

() said it has raised around GBP1.15mln to accelerate its growth trajectory through strategic investments.

The blockchain and open finance venture firm said it raised the funds through a placing and subscription of 15.4mln new shares at a price of 7.5p each, a 3.4% premium to its closing price on Monday.

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11 May 2021

‘s () Malcolm Palle joins Proactive London’s Katie Pilbeam to explain their subsidiary Nifty Labs development work on a new non-fungible token (NFT) project to create an ‘NFT on Bitcoin’ marketplace platform powered by the RSK blockchain, a smart contract platform secured by the Bitcoin network.

The development of the marketplace platform is expected to complete within six months, with the initial focus to be on NFT use-cases such as digital art, music, sports, gaming and metaverse assets.

Palle explains that they will also be targeting brands and that there are some exciting conversations going on currently behind closed doors.

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Coinsilium Group begins work on new non-fungible token (NFT) project to…

Coinsilium Group Limited’s (LON:COIN) Malcolm Palle joins Proactive London’s Katie Pilbeam to explain their subsidiary Nifty Labs development work on a new non-fungible token (NFT) project to create an ‘NFT on Bitcoin’ marketplace platform powered by the RSK blockchain, a smart contract platform…

on 11/5/21

4 min read

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