Hi everybody, here is the 1st of July 2024 video update. There’re four items on this agenda that we’re going to run through. An update on Project Cononley. Initial talks with the protocol Polkadot. Prize draws and another award. So, let’s jump straight into this.

So, Project Cononley as you know, the North Yorkshire project, 25 residential houses. So, pilings, just to update you, plots, 22, 17, 18 and 19, are now complete. So, the noise pollution is getting closer to an end, which obviously the residents will be happy about nearby. Ring beams, reinforcements and pouring is underway on the initial plots, to the top of the site on Meadow Lane. Here you can see radon barriers are now installed on those said plots to the top of the development, with the initial block work. Yeah, beam and block floors, well underway. This is pretty much last week’s work. So, there is more to show in the coming days which will get onto, possibly next week. Worst case the week after. In another update video.

Polkadot. So, this is an interesting one. During Covid, we entered the world’s largest pre-seed accelerator based in Silicon Valley called Founder Institute. You may or may not know, but we basically were one of 430 applicants, 67 got into cohort one, and of the 67, ten graduated. So, we’re technically alumni of Founder Institute. It was about two weeks ago, they announced on their socials they have just partnered with Polkadot. If you’re not aware, if you’re not into blockchain, this isn’t crypto but Polkadot is a protocol. So, it’s the technology stack that you would build on as a digital asset smart contract business. What’s interesting is Polkadot are making a pivot, they’re getting a bit tired of crypto use cases, as opposed to real world use cases and user adoption outside of crypto fans. So, they’ve approached Founder Institute to basically say, we would like to work with your Web3, alumni graduates as well as the up and coming startups in the Web3 programs.

Now we’re technically oven ready. So, we soft launch version one. We onboarded all the early adopters, and we’re seeing month on month growth, which I’ll touch on, on the prize draw. So, I’ve reached out and had that initial conversation saying, can we have a chat with Polkadot? We’re not one of the new Web3 cohort startups, but we are alumni. And, they came back and basically said, yes, this is also open to the graduates. So, the initial talks took place and quite interestingly, the talks are orientated around version two of the platform being integrated with the Polkadot ecosystem. So, the various tech partners that are under the Polkadot umbrella, as well as various Polkadot APIs, which we could technically plug into version one for version two. So yeah, the talks have been really productive. Joey has taken over the direct talks with the tech element. The tech companies within the ecosystem, to start to get some fundamentals laid on what we want with version two, and Polkadot have also shown us several, investment routes that they do as a protocol. Most protocols have funding arms now because they’re all worth billions. Ironically, we’ve approached all of them over the years and we were always told no, because you are not crypto. So, there’s a complete 180 now in the market. The protocols are wanting real world use case businesses.

So, Joey, once we choose the relevant tech team from Polkadot, we will be looking at various funding verticals that Polkadot offered. One of them will be to go into what they call their bounty investment program. So as an example, this would be where the peer-to-peer shared economy, stack is basically built for version two with their integration. And that stack will be available on open source via the Polkadot ecosystem. So other businesses wanting to step into a shared economy type, peer-to-peer exchange will have the ability to use that via Polkadot.

It’s really interesting for us. I won’t go on too long, but as you can understand, millions and millions of people observe what the protocols are constantly doing, whether that’s Ethereum, whether it’s Solana or whether it’s Polkadot.

So, a huge positive borne out of Covid and going into Founder Institute. So, we’ll keep you posted on the coming days and weeks as to, what’s agreed and where we are on the progress of that roadmap.

So, we talked about growth ever so slightly. So, since we’ve soft launched, early this year, obviously we’re waiting to go into the digital security sandbox.

Joey has done the eight-week consultation period with the Bank of England and the FCA. Whilst we wait for that feedback. The reporting data every month that we have to extract. So, we’re circus 3% month on month growth without any marketing because that will be done when we get into the digital security sandbox. 3% is pretty good without any marketing, but we want more.

Now, we have struggled and scratched our heads, because it’s such a difficult landscape for adoption pre DSS and the route that we’re going to be going basically, we want people to be part of the platform community, not investors, not filling out KYC, just to be there for the news and the updates. So, we are starting the tell a friend program, just to get people in so that they can see us grow and it’s not about we want your money, we want the KYC. It’s simply, you’re on the platform, to watch, to be educated and get that visibility, which is key to adoption.

So, what we’ve agreed at board level is basically we will be doing, ticket draws on the platform subscribers who are watching the news and there will be everything from free holidays away, free tech, and free merchandise. So how does it work? Well, basically everybody on the platform that’s there getting the newsletters, they will be given one ticket for being there that will go into the draw every time there’s a draw. And should they tell ten friends and they just come on so that they can watch, the newsletters and news videos like this one. They then would receive an additional ticket for the people that they bring in through tell a friend. So as an example, you bring ten of your friends and you’d have 11 tickets for the draw. We can’t do the draw any other methodology. It has to be this way so that we’re compliant for the FCA.

So bring 50 friends. You get 51 tickets. It’s really simple. So quite simply, you’d refer them through a referral code. They open an account so they can get the newsletter, by the platform. Remember, they don’t have to invest cash. They don’t have to do KYC. The here as a community, just watching what we’re doing as a business. They can do the same. So, they come on and they bring five friends that have six tickets. Rather than spending money on questionable marketing companies. Let’s just do the giveaway stuff. It adds a bit more fun to it, and it gets more people reading the news and the progress.

So, there’ll be more over the coming days on the start of this, on what will be initially given away. If there’s an uptake and we can get higher than the 3% month on month growth, this probably will be a very, very core visibility angle to get people to start watching what we’ve been building for many years.

And finally, another award in the bag. This one came from the Tech Climbers. Basically, it’s a regional award. We were part of the Yorkshire one and they basically do due diligence on innovation. Everything from concept, through to pre-revenue post revenue scaleup. I can tell you, I was there just over a week ago, on a Q&A panel, which was fabulous. And yeah, we made Tech Climbers 2024.

I know you guys are here because you want to see the progress on the real estate, but we as founders find it really, really exciting when we get these little grassroot recognitions. So that’s it for now. There’ll be another video in maybe a week, two week at the most, because there’s a lot about to be announced on various elements on what we’re doing. Some you may be aware of, some you may not, but yeah, that’s the 1st of July 2024 and we will see you soon.

Cheers.