Good dreams guys, 3 usd is impossible, they have only invested golem right now, they need to invest more to profit, and golem is a loss, current is not even in ICO price.
Golem is not in loss I think, the ICO price was about 1300 sat but then the ETH price was double than now.
GNT is cheap. Down to 1040 sat right now on Liqui. How many Golem did Iconomi get for a 5000 ETH investment in during ICO?.......
Nevermind, I found the answer...5,000,000....that don't make sense...so Iconomi paid $0.012 each before bonus?
$12 x 5000 ETH = $60,000 / 5,000,000 = $0.012 before bonus..?? Today price 1040 sat/ btc = $0.009915. so Iconomi is in the
RED?
"The pricing of GNT is denominated in Ether (ETH), with 1000 GNT created for every 1 ETH contributed. There are also minimum and maximum funding caps of 150,000 ETH and 820,000 ETH respectively, with a further 18% fixed-rate pre-allocation of tokens for developer endowment.Accordingly, there is a theoretical maximum of 1,000,000,000 tokens representing a market cap just shy of $10 million at today’s ETH price (~$12). "
https://www.smithandcrown.com/event/golem-world-supercomputer/Iconomi said they invested in Golem on 11 November
https://www.tradingview.com/chart/?symbol=KRAKEN:ETHUSDETH price on that date was $10.26
$10.26 × 5000 ETH = $51300 ÷ 5000000 GNT = $0.01026
GNT price today: $0.009920
So it's currently -3.31% under ico $ price. It would take ~6.15 BTC of buying on Liqui and Yunbi for it to go back up to ico price.
They said they would only invest into ico's, but I think Iconomi.performance should also have the freedom to skip ico and pick up a deal on exchange. Why not?
