Price can somewhat be estimated and roughly worked out, even without a market now and without one being live at launch. This also applies even after Credits(CRDS) is traded upon an exchange platform.
How to work out how much 1 CRDS is worth:
Raw Cost to Miner to Generate 1 CRDS: Cost of Electricity per Day / Amount of Blocks Mined / Block Reward
Supply & Demand: The price of credits is largely depended on the demand and supply. This means that high demand and low supply often leads to an increase in the price. Note that Credits(CRDS) have a controlled supply whereby the total number of Credits(CRDS) in circulation must never be more than 95 million after ~36 years as well as having PoW/Masternode rewards mapped for those ~36 years.
Technical Innovation: With the use of Argon2d, Masternodes and the addition of features on the roadmap over the coming months there will be continual development and movement within the project which will add to its value.
More Users: With widespread use, adoption, knowledge of the project and contribution from new people everyday, Credits(CRDS) will continue to rise in price, a large network of users is seen in all high marketcap coins(unless their marketcap is manipulated)
Inclusion: Credits(CRDS) does not look to exclude anyone and with that it makes it a lot easier for new users to jump onboard and begin mining straightaway. With no immediate threat of mining pools as there is no Argon2d UNOMP module and no compatible pool with that mining algorithm, we will see some time for pools to become active. Also, DELTA (the difficulty retarget algorithm) protects against Multi/jump mining pools even when pools do become active in the future.
Of course there are other factors to take in to account such as Government Regualtion that might come to crypto, Media influence, hype and of course the possible market manipulation from whales as we see in some coins within their lifespan.
1. Mining Algo is Argon2d and not x11 which means CPU only, no GPUs and no ASICs, a natural mining progression much alike Bitcoin and protection to ensure zero abuse from botnets. As well as this, Argon2d is 64bit only which means no armies of Raspberry-Pi’s mining on the network, unfortunately this means no Android/ARM support.
2. Instead of DGW3 we have the best difficulty retargeting algorithm, DELTA, from Gulden which protects against Multi/Jump mining pools.
3. Masternodes in Dash return less and less of a return everyday, with the mapped rewards in Credits(CRDS) for Masternodes increasing, this ensures ROI for Masternode operators throughout the ~36 year coin supply production.
4. Unlike Dash we are a fork of Dynamic which is 100's of commits ahead of Dash in terms of fixes to Dash code, in-lining with Bitcoin code and making general improvements, so we have a better codebase than Dash, not to mention all the features of 12.2 that are still open pull requests in the Dash GitHub and not even merged to Dash’ codebase, but in Credits codebase already, such as BIP39 (Hierarchal Deterministic Wallet).
5. Mining is accessible to anyone with a computer, they just need a wallet and an internet connection, there is no early entry, ICO, horrendous premine or unfairness about pre-launch, launch or the 36 years of mining and beyond.
6. The Argon2d algorithm, miner files, hash files and block files of the wallet have been optimised by Wolf0 for AVX2 CPU’s. These optimisations were going to be sold off to the highest bidder, instead they were purchased by developers and added to the codebase so that the AVX2 optimisations are available to all. This means those with AVX2 CPU’s can benefit from a 20% increase in hashrate.
7. No DAO or budgeting blocks from launch, this is to eliminate the risk of one party gaining early majority control of the Masternode network, creating proposals, voting and subsequently defrauding the network. DAO functionality can be brought online at a later stage once the Masternode network has grown in size.
8. Pivx and Dash have proven a growth “hack” by combining an appreciating asset with a Masternode system. While for PivX and Dash it is increasingly harder to obtain a Masternode with them costing a small fortune, Credits(CRDS) will allow new investors to start early and see massive returns on their investment.
Mining is either done in the wallet by going to Tools->Debug Console, and entering “setgenerate true
” or going to the credits.conf and adding “gen=1" and “genproclimit=” to it.
Credits(CRDS) will be released on June 17th 2017 at 10:00PM UTC
--------------
June 17th 2pm - Alaska, USA
June 17th 3pm - California, USA
June 17th 4pm - Salt Lake City, USA
June 17th 5pm - Columbia, USA
June 17th 6pm - New York, USA
June 17th 11pm - United Kingdom
June 17th 12pm - Western/Central Europe
June 18th 1am - Eastern Europe/Russia
June 18th 2.00am - Azerbaijan
June 18th 2.30am - Iran/Middle East
June 18th 3am - Pakistan
June 18th 3.30am - India
June 18th 4am - Bangladesh
June 18th 4.30am - Myanmar(Burma)
June 18th 5am - Thailand/Indonesia/Mongolia
June 18th 6am - China/Phillipines/Australia(Perth)
June 18th 7am - North & South Korea/Japan
June 18th 7.30am - Australia(Darwin)
June 18th 8am - Australia(Canberra)
June 18th 9am - Soloman Islands
June 18th 10am - New Zealand/Australia(Auckland)
https://crds.io