If all 25 Million tokens are reserved prior to ICO end date, an additional stack of up to 5 Million HEAT can be released at the HEAT Team's discretion at various outlets, for a price of approx. 0.00025 BTC each.
Don't you think that the price is not a little too high 25,000 sats per coin?
I think it is the other way around. .0001 BTC price of first tranche is probably too low, but it is too late to change.
If all is sold out, that means the .0002 BTC is all sold out, so .00025 is not high at all.
To put in perspective, the total raised for this ICO will probably be a bit less than 5000 BTC and once it is sold out, after market is the only place to get it. This is different from recent uncapped ICO where 100% of demand was filled during ICO creating an equilibrium based marketcap of total BTC raised.
So the question is if a marketcap of 5000 BTC for HEAT is below the expected open market price.
James
P.S. considering the feature set of NEM and its marketcap, I have no worries about making ROI with HEAT