I have posted this on their thread but I believe that many people still haven't heard of this project. It is a project that I do NOT endorse yet: As many who know me know perfectly well, my requirements for endorsement are quite normal in my view for unreachable for most of cryptos. I require first and foremost, that the identity of the devs is known. Also that there's no censorship on their BTCT thread. Finally, that I believe in the project (and that means no instamines and a bunch of other murky things). In this case, the devs are anonymous, so that's a no-no. The thread is not censored, so that's 1-1. Which leaves the "murky things" in the unproven territory or, as many put it, the proverbial "fence". I do not know if the project is legit or the devs mined a lot of coins and are going to dump them at a given moment and leave. I guess it is possible, no one would be very surprised if it comes to happen. But I also know that, even though they ninja-launched it way before it was ready for primetime and, as a consequence, many things that shouldn't have happen, did (most notably that GPUs actually mined it when it was supposed to be CPU-only), AXIOM is not the usual copy-paste hackjob, but one coded from scratch... and that's more than 99% of all other alts already. I also know that even though many people still doesn't know anything about this project, the price in the only market, Bittrex, has continued going up and people seem to be accumulating it, which is a clear proof of support.
Sorry for the preamble. What the title of this thread means is that perhaps that support is caused by the following scenario: In the nest 100 days, assuming the project remains on course, holders of AXIOM, staking, can multiply their holdings by a factor of 8. Here's the rough math: Someone with 20-25k AXIOM staking is going to (considerably) more than double that figure by the time the high staking season starts, in 3 months or less. With bonanza staking time (average of 80 coins per block for 17 days) more than probably tripling or better.
Edit to add: All of that is with regular staking, not considering that now it is possible, for most people to stake DOUBLE what I used for the previous calculation (read about this increase in staking with CPUs, up to 120% above current level), so somebody with 20-25k AXIOM will mine in the next 90 days around 50-60,000 coins (probably many more), for a total, rounding up numbers, of 85,000. Those 85,000 staking the second "high stakes phase" will stake quite a nice number of coins, probably doubling again, so the 20-25,000 staking today, in just over 3 months will become, easily, 160-200,000 coins, up to a x8. In 3 months! Price would have to go to practically to single digits to incur in losses. These calculation have been made on the fly and don't contemplate any compounding stake of the coins mined, so the figures are extraordinarily conservative on purpose.
The character of this thread is just informative, in no way I recommend or endorse investment in this project. I simply point out what, if the project continues its course, will result of an initial investment around 25,000 AXIOM coins.
Finally, it is worth considering that the total number of Axiom coins to be in circulation, ever, will be around 10 million, as per the devs. Even if all the current coins in circulation were to stake the next 100 days, still the number of total coins would not -or barely- reach that figure. Needless to say, many, perhaps the vast majority, wont produce the exemplified results for lack of coinage or simply because they will be traded many times over as the prices fluctuate.
Do your research, by all means, but I believe this project could present a singular opportunity, seldom available in crypto any more.
