Post
Topic
Board Announcements (Altcoins)
Re: ♘ Bellacoin - [Android Chess Game] [Poloniex] [Bounty]
by
The Ambia Fund
on 20/11/2016, 17:17:39 UTC
We are working on getting a Belacoin wallet added to the site for download. We will let everyone know when that happens.

In regards to comparing Belacam to Steemit
Belacam follows a similar business model to Steemit, so it is logical to compare the two. Despite a declining price, Steem's market cap is nearly 100x higher than Belacoin's. If Belacoin is able to reach the same market cap as Steem currently has, an investment in Belacoin would provide 100x returns. That is, 1 bitcoin invested today would return 100 bitcoins.

Still, we want to compare ourselves to the peak market cap of Steem. At it's peak, Steem's market cap ($412 million) is 1,373x higher than Belacoin's current market cap. A rise to that market cap in Belacoin would bring Belacoin's price from .00001468 to .00202000.

Please note that this represents one of the best case scenarios. Our belief is that if we shoot for the moon and don't quite get there, we will can still bring the project to a multi-million dollar market cap.

Moreover, if Belacam gets acquired by some larger player, that company will have the funds and the resources to continue to grow Belacoin and Belacam, keeping it away from a declining stage. Whatever the hope, there is little doubt that we have months of hard work and growth ahead of us. Belacoin's market cap is around $300,000. Once Belacam is released and we are able to publicize it well, simple business calculations tell us that value should be added to Belacoin's market cap, increasing the price.