FinTech Magazine August 2019 | Page 40

About Keld van Schreven and KR1 plc
BLOCKCHAIN
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KR1 PLC

About Keld van Schreven and KR1 plc

Keld van Schreven Keld van Schreven is Managing Partner and Co-Founder of KR1 plc , the London listed cryptocurrency and blockchain investment company . He has been involved in the tech industry since 1995 and Bitcoin since 2013 . Previously , he has started several tech startups including SmartTrade App , a leading UK mobile payment app . Van Schreven is a true advocate for the use of blockchain technology and a regular speaker at industry events , including Techcrunch and MoneyX . KR1 KR1 is a leading digital asset investment company supporting early stage decentralised and open source blockchain projects . Founded in 2016 and publicly traded in London ( NEX : KR1 ), KR1 has built a notable reputation for generating significant returns by investing in many key projects that are designed to power the decentralised platforms and protocols that are emerging to form new internet infrastructures .

“ At the time of writing , over one hundred and thirty million dollars worth of Ether had been committed to the Edgware Lockdrop ”

— Keld van Schreven Managing Partner and Co-Founder of KR1 plc
wanted to write code or run nodes .
So token distribution is key . How do you get the token into these people ’ s hands who will write code and run nodes ?
Airdrops were tried on Ethereum projects but the idea of receiving something for free devalued it . We all got ‘ spam tokens ’ in our wallets which would just be sold instantly . You didn ’ t have to do anything for it or pay for it and they are a bit like junk mail , you didn ’ t ask for it and it ’ s there in your wallet . With airdrops failing there is a
AUGUST 2019