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Saturday, September 04, 2021 10:34:29 PM
Same strategy/business model as Red Hat:
Medium expects that the same strategy as Red Hat will work in the enterprise blockchain market.
Prior to this, Medium surveyed about 2,500 potential global customers in 2020.
Based on this, we plan to distribute 15,000 TPS level MDL blockchain solutions for free to about 5,000 companies by the second half of this year.
CEO Kim said, "This decision will be a turning point for Medium."
https://www.themedium.io/bbs/board.php?bo_table=media&wr_id=151&sca=Press&page=2
The Insider Financial on MTRT Sept. 4, 2021. A few paragraphs from the article.
Medium plans to form a consortium of the Bank of Korea to link Korea-China trade transactions worth 243.4 billion dollars (about 265 trillion won) per year, and improve the cost structure of thousands and trillions of dollars that are excessively consumed in international trade transactions.
While Medium’s blockchain platform is free to use, the company wants to implement a business model similar to Red Hat, one of the most popular open-source solutions companies. While Red Hat offered free enterprise open source products, it charged businesses for further development or maintenance. It started to generate massive revenues and was acquired by IBM for over $34 billion.
Medium has similar ambitions in the blockchain field, with a focus on Asia. If it manages to reach the $1 billion mark in valuation, then MTRT’s stock price would trade above $100. That may sound as the best of the best-case scenario, but anyway, there is much room for growth, so make sure you have this penny stock in your portfolio.
https://insiderfinancial.com/4-top-penny-stocks-today-abvc-ccaj-mtrt-ycbd/182036/
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