I was hype by this so i didnt take a look first how many will be the available supply. As far as i remember they didnt show it to us? Am i right? Then they priced the token during the ico too much for a 273 million? I will stay with this coin, i just want to know how their minds run.
I'm there with you, I believe in the project and am invested. But I see a trend that the more tokens/ coins there are out there, the harder it is for it to gain value. Look at XRP (despite the fact that the coin itself is not needed to complete international transactions), the price of XRP has never gone above $0.32 USD
With that said, I'm just curious how the team determines how many coins to create/ release. Why did they pick 230 Million Tokens. Why not 20,000 why not 20 Billion? What was the reason behind the $230 Million that is out there.
Not to mention, that figure (i don't think) includes the coins that the team gets and also doesn't account for how many more will be created when we start mining.
I believe in a project, but pricing is always determined by SUPPLY and demand. In this case, Supply is a bit on the high side IMO.