Hey guys, first post here 
I'm trying to figure out what the roi and break even point is for early investors/contributors.
Is the following correct?
Ico lasting time = Minimum: 1 hour, Maximum: $250m / 14 days.
50% token release for early investors/contributors, 20% free as promotion and partnerships rewards, 10% for team, 20% team reserve (company).
Max $250m. 1 Eth ~= $250 (let's assume and work with this value as of this example). 1 Eth => 100 Bancor (BNT) tokens. Thus:
1 BNT = $250/100 Eth = $2,50
$250m/Eth($250) = 100m Eth => 100m Eth * 100 BNT = 10b BNT.
Circulating supply = 50% * 10b BNT = 5b
Total supply = 10b
Break-even profit point per BNT = > ($5 + total preceding costs).
If the break-even profit point is say $5,50, is it even worth to invest in this ico? I mean, 10 billion tokens is way too much for the given price of 1 BNT for 0,01 ETH.
That's only 50% of the total supply, thus for 5b BNT. I don't think huge gains can be made when hit on the exchanges due to two forementioned points, while still carrying a high risk.
Please enlighten me further, thank you.
I'm trying to figure out what the roi and break even point is for early investors/contributors.
Is the following correct?
Ico lasting time = Minimum: 1 hour, Maximum: $250m / 14 days.
50% token release for early investors/contributors, 20% free as promotion and partnerships rewards, 10% for team, 20% team reserve (company).
Max $250m. 1 Eth ~= $250 (let's assume and work with this value as of this example). 1 Eth => 100 Bancor (BNT) tokens. Thus:
1 BNT = $250/100 Eth = $2,50
$250m/Eth($250) = 100m Eth => 100m Eth * 100 BNT = 10b BNT.
Circulating supply = 50% * 10b BNT = 5b
Total supply = 10b
Break-even profit point per BNT = > ($5 + total preceding costs).
If the break-even profit point is say $5,50, is it even worth to invest in this ico? I mean, 10 billion tokens is way too much for the given price of 1 BNT for 0,01 ETH.
That's only 50% of the total supply, thus for 5b BNT. I don't think huge gains can be made when hit on the exchanges due to two forementioned points, while still carrying a high risk.
Please enlighten me further, thank you.
Nvm, what I suspected was right. This isn't the investment for me, having read the white paper. The price volatility will be even much lower than Ripple (due to CRR), if you're lucky, your roi will be a very long term hold with little gain, while carrying high risk.
Now I understand why they never wanted to officialy publish the total supply. If the CEO carries responsbility over to Ethereum (instead of their product) for a win-win scenario, I know enough. Off I go.
