| Latest Forum Topics / OIO Last:0.03 -- |
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Venturing into Cement Business
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7878huat
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02-Jul-2021 15:55
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Yeah ?🤩 🤩 🤩
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Contratrader
Elite |
02-Jul-2021 15:54
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Wow...415...more people knowing its growth potential... | |||||||||||||||||||||||||
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muifan
Supreme |
02-Jul-2021 15:52
Yells: "Take the leap of faith dont regret 20 years later!" |
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being friday, many retail took profits already.. now the power in BB hands.. |
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mandalorian
Member |
02-Jul-2021 14:35
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kena query liao, dyodd | |||||||||||||||||||||||||
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7878huat
Member |
02-Jul-2021 14:32
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Yes, 55c is not a dream, a good stock 👍 ?will come soon 🤣
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SmallSmall
Supreme |
02-Jul-2021 14:32
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With China already clamping down on Crypto minings, I believe the blockchain validadtion process will slowly be replaced by POS staking. The market for POS validations is mind boggling. OIO is at the right place and right time with the acqusition of Moonstake.  
POS produces and validates new blocks through the process of staking, allowing new blocks to be produced without relying on specialised mining hardware. In comparison to POW, POS is energy-efficient and is expected to improve issues such as power consumption and computational power costs.
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muifan
Supreme |
02-Jul-2021 14:28
Yells: "Take the leap of faith dont regret 20 years later!" |
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55c not a dream.. long to enjoy...
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luckyfa
Elite |
02-Jul-2021 14:22
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😄 😄 actually am abit more greedy, hoping to head to >50cts before settling... Imo.... Current and future (now already doing) company....
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SmallSmall
Supreme |
02-Jul-2021 14:14
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1. Staking Rewards,  https://www.stakingrewards.com/providers For an understanding of the blockchain industry and its increasing relevance even to the ordinary person, read DLF' s June 2020 EGM circular' s " Potential in the New Business" section:  
While the legacy M& E business continues, OIO' s blockchain business has taken a jump with its acquisition of 100% of Moonstake on 31 May 2021. The consideration was satisfied by issuing new ordinary shares of the Company valued at S$7.182 million at 17.8 cents a share. Moonstake was founded in 2020 with the goal of becoming Asia&rsquo s largest staking pool. As of 31 May 2021, Moonstake is Asia&rsquo s second-largest staking business1, with more than US$900 million in staked assets.  
 
OIO will recognize the approximately 0.3%-0.5% commission that Moonstake is charging its users for their staked assets after the completion of this acquisition. By leveraging its experience and network in the blockchain space, OIO intends to grow Moonstake&rsquo s user base and its staked assets, as well as increase valuable services and features for users to access through a single platform. This is expected to result in recurring revenue for the Group. ![]()  
OIO also foresees Moonstake enhancing its position in the growing blockchain finance space and synergizing with existing consulting services with blockchain finance through this acquisition. The popularity of staking is increasing as major coins are starting to shift away from the traditional method of Proof-of-Work (POW) through mining to Proof-of-Stake (POS) technology.  
POS produces and validates new blocks through the process of staking, allowing new blocks to be produced without relying on specialised mining hardware. In comparison to POW, POS is energy-efficient and is expected to improve issues such as power consumption and computational power costs.  
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ahberngh
Elite |
02-Jul-2021 14:12
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Run up too high too fast. No new development. The Defi.org collaboration was announced in early June. I think may consolidate between 25-30c before the next push up. Just my thoughts, I am probably wrong, please dyodd. Vested. |
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Contratrader
Elite |
02-Jul-2021 13:40
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Read this... " OIO will be able to recognize the approximately 0.3%-0.5% commission that Moonstake is charging its users for their staked assets after the completion of this acquisition. &ldquo Moonstake is the perfect acquisition for OIO. Crypto investors are clamouring for a single platform to provide crypto-asset investment opportunities such as staking. The commission-based model provides us with good visibility of earnings, being added to our current Blockchain Business,&rdquo said Rudy Lim, CEO of OIO Singapore Pte Ltd, OIO&rsquo s blockchain business subsidiary." |
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muifan
Supreme |
02-Jul-2021 13:35
Yells: "Take the leap of faith dont regret 20 years later!" |
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if it is so easy....just by looking at nta.. then counters like hong fok should be at $3 enjoy...
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luckyfa
Elite |
02-Jul-2021 13:34
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Yes, look deeper into the company, will know its growth very very soon... Imo...
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positivity88
Veteran |
02-Jul-2021 13:08
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has anyone asked the PR of the company how the 0.5% is calculated and how is it realised? like staking assets average for the year x 0.5% or is it a monthly basis? | |||||||||||||||||||||||||
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Contratrader
Elite |
02-Jul-2021 13:03
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Yes..what news?  This stock is not about news...it is on the growth potential .. anyway those wants to trade can trade ...never wrong ..but those who wants to wait  ..can wait to realise the full potential...in stock market it is never one straight line... but you must know what you are buying into...  
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luckyfa
Elite |
02-Jul-2021 12:57
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👍 ... But think this can put some hold longer term..... Moonstake into DEFI......this defi is no small business... 💪
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luckyfa
Elite |
02-Jul-2021 12:52
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😁 😁 what news?
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fighting
Master |
02-Jul-2021 12:41
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Took my profit @0.370, Friday's gravity is always stronger
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Sibehboeng
Master |
02-Jul-2021 12:38
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It is never clear which direction it will go. Maybe like you said news already announced and climbed so much, somemore fri effect maybe punters decide to take profit. But high can go higher also if potential is there and BB wishes to push, CFM is a good example. 
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easywin
Supreme |
02-Jul-2021 12:08
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No greedy, know when to take profit and dun chase high.  | |||||||||||||||||||||||||
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