There is more activity on discord blockpool channel, i hear Loco is working like crazy (LOL loco means crazy- pun unintended) these days. We will see some exchange listings soon i guess.
We'll see that soon. I've also read back to few pages, the team was already making partners with some companies. If this is true, then they must have seen its potential as well. Blockpool will probably work like ow ARK did when it first started. It was released with a price at a very cheap like 0.03$ but rise up quickly.
I don't think it'll be that cheap. It'll come out at $0.20 cheapest
$0.20 would be too much. The start may be small giving the chance for those late investors that realized how great the project will be once its going to be used by companies trying to connect their product for the adoption. How is the total supply of BPL?
$ARK hit exchanges and came out with a price of $0.03, with a circulating supply of around 100 million. The market cap of $ARK was around $3 million, so $3 million/100 million $ARK coins = $0.03. ARK only raised around $1 million at the time, so as soon as it hit exchanges it was worth 3x the amount. This was in March 2017 when the total market cap of crypto was around $25,000,000,000.
$BPL cost at ICO was around $0.07 ($0.085 if you don't count the teams share). So if we are basing it off how ARK performed when it first hit an exchange, then my estimate is pretty close, $0.07 x 3 = $0.21.
But, you have to keep in mind that theres a lot more money flowing in crypto compared to back in March 2017.
I don't expect for $BPL to come out for less than $0.18
I'd say $.18-.21 is a good starting price. Knowing that alts are pretty bear atm we will be coming into a rough market, if we weren't I'd place the starting price at around $.5-.75 We have some major things coming down the pipeline in various industries that blockchain companies have yet to be able to breach. In some cases I will be directly consulting these companies as well. Kevin B has been kicking some serious ass. Couple that with the release of BiT V1 coming up very soon here, I'd see the price go to around $.40-.50.
About 25,146,000 BPL total are in circulation, I'd say about 65-75% of those are currently locked up in delegates or voted, once we hit that vote I'd expect that to drop to around 50-65% locked up after delegates take profit. We still have ~ 90 delegate spaces to fill so it's also likely a lot of BPL that was on the exchange will be then locked up for forging. When all is said and done, I think there might be 5,000,000 BPL left on exchanges.
Look out for news on Thursday-Friday!
I have also contacted livecoin for listing. If anyone would like to tweet to them feel free
Loco