When THE market price For this coin Will be 0.00000001 btc X 25.000.000.000 premine coins = 250 btc = 89199 USD
I want to be à student to !
Remember that the primary purpose of this coin is to reward students. So if all you have are 100 students and toss them an occasional SMLY, you do not need many of them. But in that case the project could equally well just buy some TIPS and use them for the same purpose.
It only becomes interesting when you have thousands of students and want to reward them using 1-100 SMLY depending on their performance. Right now we have about 1000 student users of the system per year, but looking to the future we need to accommodate MOOCs with 100 000 students.
Like any cryptocurrency this is scaleable so we could either go with fewer SMLY and scale down, giving 0.1 SMLY for minimal performance etc, or we could choose to have a larger coin base. We chose the latter.
We are currently thinking in terms of 1-100 SMLY for rewards, usually about 10 SMLY for doing working set of drill questions correctly, which may commonly be about 30 minutes of work. You may want to think about this in the context of a block reward of 10 000 SMLY, with one block coming out every 3 minutes.
