Gm,
I really appreciate your feedback.
We are planning on sending automatically a monthly update with key metrics.
This is a good idea.
3 Likes
Quick update on the 1754 factory 
bling Pool.
The asset 113 has been repaid as we scheduled and epoch had been manually closed.
All current redemptions can be now executed, liquidity provided 480k DAI.
Thank you for your support.
We really value working with you and building the RWA as an asset class.
6 Likes
Thank you for this update!
Nice work!
3 Likes
Thank you for the update and transparency - we all really appreciate that!
2 Likes
Thanks for he update. This was for me a test that this RWA can work if communication is 
. Thanks for everything!
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Any update on when Epoch 71 on 1754 Factoryâs Branch Series 3 will close?
Hello @Fab
Any news on the issue about the overdue assets ?
The epoch can be closed anytime at this point but no redemptions would go through since there is no available liquidity for this pool. Only way liquidity would be available for redemptions is either assets reaching maturity (Next asset matures June 19th 2023), an asset is repaid prior to the maturity date, or new investments are made into the pool.
Several assets are late again what going on? This pool still safe?
Thanks for your message.
Few assets arrived at expiration in the beginning of this month and will be repaid within the next coming days.
The pool is fully operational and we donât anticipate any further delays.
3 Likes
been nearly a month any progress made?
@Fabien any progress on the assets in question?
We are currently working on closing those few assets and expecting to be finalized beginning of next week.
I will post an update to keep you updated.
Thanks for being on top of it.
2 Likes
Thank you @Fabien for the update! We always appreciate hearing from our Issuers!
1 Like
Any update? These late assets dont seem to be making progress.
Looking for an update⊠Any clarity you can provide to what is going on?
Thanks for your message.
Please find below a brief update on the pool activity:
Last week:
Repaid Assets: 112, 118, 126
Executed redemptions: 266,223 DAI
This week:
We are working on closing assets 116, 119 and 120.
Following week:
We will be working on closing Assets 121, 122, 123
Please feel free to dm me.
Have a great rest of your day.
1 Like
Hello everyone,
As the repayment of numerous assets are still late (More than 50 days Late) and the responses of Mr. Dureuili are (for me at least) unsatisfactory, I would like to warn current and future investors that Mr. Dureuili is yet to make a successful company in the Web.3 Industry but not yet to make money of itâŠ
Looking at the past ventures of Mr. Dureuili ( Fabien Dureuil | CEO at Gx Token By Genevieve | F6S User Profile ) will make you sweat, as most of its society are now defunct⊠And yet 1754 is still managing around 10M of debt on Centrifuge⊠But letâs focus on its Web3 venture for now, we can find its first entry in the Blockchain universe with the launching of GenevievEco
( https://web.archive.org/web/20180208200458/https://www.genevieveco.io/ ) a now defunct project that was âsupposedlyâ made to help Africans entrepreneurs to fund their businesses, a cool mission if you ask me, but very vaguely detail in its execution if there was any " Finally, Genevieve will work to create and release the appropriate material as well as operating as the platform to successfully launch the ICO of the select companies."From a CoinTelegraph article.
Then Mr. Dureuili tried to spin of multiples time its Genevieve thing, by rebranding its token (from GXC to GXVC) or its name from Genevieve to Ă Crypto Union (wich is also defunct âŠ)
But Hey, itâs Crypto Right Give the man a second chance !!
For sure, but here come the Infamous Tezos Fork, Dune, and here again Mr. Dureuili doesnât hold its best role⊠I wonât get into to much detail here but here is some articles, some of them are in French but google traduction will work fine, if not, feel free to PM me or post your question here.
After theses Shenanigan at Dune (A Tezos Fork), the Foundation decided to kick Mr. Dureuili from the Dune Network teamâŠ
But Hey, itâs crypto give the man a third chance !!
Here we are, on Centrifuge, with 1754, payments are late, hmm ok, but⊠Wait a second isnât Bling Series 3 supposed to fund bond that emanate from Sherwood SAS (French society) wich come from the borrowing application named BLING (French Application owner by Sherwood) ?
But Bling has been forced to shutdown by the French (ACPR), a French Banking Regulator, on the 1st April 2022 and is still to this day unavailable.
( Bling, Cashper, Floa : les mini-prĂȘts instantanĂ©s dans le viseur du rĂ©gulateur )
But here is more, Bling is not even Registered as Financial agent.
So Why is 1754 and Davoa still using and financing new asset (without repaying the old one) ?
Where is the Cash going ? To fund what ?
Is Bling a short-term lender, bagholding some toxic debt?
Maybe Could Mr. Dureuili could give us true insight about what is going on?
And maybe if Mr. Dureuili cannot give us theses details, 1754 should be kick out of the Centrifuge Protocol.
As now, this is just a warning for the futures investor, if you are interested in investing with 1754 please make your own opinion about who created it and what trust you are willing to put in his hand.
I hope that everybody that have invested in this pool will be able to get out of it, and I hope that Mr. Dureuili will come out with fine explication and not âwait another weekâ response. 
Have a Nice Day everyone!
Stay safe.
1 Like
I just wanted to acknowledge that I saw your post, I understand the concern especially with the current context and current market conditions and will post a detail answer.