How Much Total Supply for a Coin Should Be Created?

cube_

newbie

Activity: 7

Merit: 0

Quote from: Kprawn on October 19, 2017, 11:08:34 AM

The value is linked to scarcity and the more scares the token, the higher the value will go in the future. {Well, in theory.. if

the demand is there} .... ICO's are not doing very well lately, because a new ICO is kicked out behind every bush lately. I

think a new Alt coin will do much better. { We need more ASIC resistant Alt coins to be mined by CPUs and GPUs. } Wink

Large GPU manufacturers are also targeting this market now, so we might see some sparks in the near future. Grin

I agree with your first comments about scarcity.

What about pre-mined coins? I know this will diminish the incentive for miners/buyers, but I think we are finally moving out of this mining system for coins that have more app based utility, wouldn't you say?

Kprawn

legendary

Activity: 1904

Merit: 1074

The value is linked to scarcity and the more scares the token, the higher the value will go in the future. {Well, in theory.. if

the demand is there} .... ICO's are not doing very well lately, because a new ICO is kicked out behind every bush lately. I

think a new Alt coin will do much better. { We need more ASIC resistant Alt coins to be mined by CPUs and GPUs. } Wink

Large GPU manufacturers are also targeting this market now, so we might see some sparks in the near future. Grin

Clarissejherisse

newbie

Activity: 75

Merit: 0

Me i don't have any commission here because I'm an new member i can read all the details i need to learn 😊 i hope that i can learn faster to earn a more Bitcoin here 😘😍

setifien19

full member

Activity: 472

Merit: 101

It's logic that the more supply in circulation the less token value will be, but another factor it's important to take in consideration : I mean the acceptability to use this token in future because popularity plays a big role in determining the token success .
Good luck with your project

cube_

newbie

Activity: 7

Merit: 0

Utility - users can use the token to pay for services. The value of each token will be based on the market price, unless we set the token to have a fixed rate.

Assuming we expect a total amount of users at 200 million, would it be smart to create 250 million and reserve the 50 million?

cube_

newbie

Activity: 7

Merit: 0

Hey forum,

I've recently joined a team of developers and we are expanding our business to include cryptocurrency. We are at the early stages of planning and we are currently discussing what the total token supply should be.

I've written an article about valuing an ICO or your investment on Steemit here (https://steemit.com/cryptocurrency/@stevenamar/how-to-value-an-ico-and-your-investment-read-how) last month. The basic idea is that the less supply there is in circulation, the more valuable the token. The more supply of a token, the less valuable the token. This is all theory and based on short term logic. Feel free to read.

We are launching an application which will allow you to pay for services using our tokens or fiat currency.

Before getting to the polls, ask yourselves:

What criteria do you think we need to consider when determining the amount of total supply created? Does it even matter how much we create? For ex. what difference is it if you have 2 coins valued at .50 cents or 1 coin valued at $1?

Please feel free to ask questions, all ideas are welcome!

Topic: How Much Total Supply for a Coin Should Be Created? (Read 329 times)