https://www.smithandcrown.com/participate-chronobank-crowdsale/
What do you think about their guesstimates?
Best,
My first impression: they did a big amount of work and they have a good understanding of the project functioning model. However, I don't understand why they use 'Price-Earnings Ratio - P/E Ratio' for comparison. It's a bit complicated for understanding. I don't also understand why they think the LHT issuance volume will heavily depend on the funds raised during the ICO. There are two important variables - 'funds raised in ICO' and 'LHT issuance volume' and I think they don't correlate that much. So I would offer not 3 but 9 scenarios based on their model (3 different 'LHT volumes' and 3 different 'funds raised'). When I research the numbers I'm able to give a more detailed analysis.
The P/E Ratio is dependent on the TIME token price. I don't understand why it is $8.25 in the article. It should be about $7.5 for the ICO participants (not taking into account the first day investors with 30% bonus) if we take the BTC price of $750 (as they say in a spreadsheet).