A block is formed roughly every 15 seconds and in each block contains 600 CLO.
There are 86400 seconds in a day so:
86400 / 15= 5760
5760*600= 3,456,000
So right now there are 3,456,000 CLO created each day. 20% of that goes to the treasury fund, 10% of that goes to the staking fund.
3,456,000 * 20% = 691,200
3,456,000 * 10% = 345,600
691,200 + 345,600= 1,036,800
2,419,200 Actual CLO are created and distributed to the miners daily besides the CLO reserved for the funding mechanism.
~150 days until December 2018....3,456,000 * 150 = 518,400,000 created until then
518,400,000+456,258,253(current supply) = 974,658,253
So nearly 1 Billion coins in mined by December, around that time they will enable the cold staking mechanism which IMO is the MOST important aspect of this project. It is what makes it unique and sets it apart from others.
Let's speculate that by that time, with a little hype and marketing the market cap of CLO gets to 120 million (~16x what it is now), that would put each CLO at .12c (12x what it is now) and that is if the price of bitcoin stays the same, if bitcoin goes up the price of each CLO could be even more.
Could be a lot of upside with this project.
I think this is a large number. The price will not be very high.
Ripple have more coin than clo, and now the price about 0.5 USD. Clo can reach 3 USD of have same market cap as xrp
Ripple essentially has unlimited supply unlike many other cryptos...highly unlikely that CLO could reach the same amount in market cap unless crypto literally explodes. CLO at least has a fixed supply.
If the point of the road map associated with the storage of files is justified, then the capitalization will exceed the value of this unfinished coin. I can argue with you.
I don't even understand what you are trying to say?
You trying to argue that CLO will get to a higher mkt cap than ripple?
Are you just a bot posting nonsense???