Quote from: MontyK on January 11, 2017, 01:56:56 AM

Quote from: coinling on January 10, 2017, 04:01:12 PM

How does the coin inflation algorythm of Factoids look like?

Try this tool https://docs.google.com/spreadsheets/d/1K3OAfBupe3UbcqMX_DMiW0J1txKcvjaCxvRzrtcaQ_A/edit#gid=1905199075

enter variables in the YELLOW boxes only. It shows the variables of FCT, EC (entry credits) and price. This tool is for when M3 comes into effect . That means 74,000 new FCT will be created per month. Until then they are being burned and not replaced.

Conservatively, its easily possible for 1 billion (1,000,000,000) Entry Credits to be used every month. To maintain supply, that means the price of FCT would have to be around $13.50. At 1 billion usage **per day** which is actually conceivable and not just BS. The price would need to be $400 per FCT just to maintain equilibrium.

There are other exciting projects on the drawing board for sure, but this one is up and running right now, its value is yet to be truly discovered. It's like 'google' was before it became ubiquitous.

The tool is an approximation only, there are some subtleties not taken into consideration. Like EC supply v EC burned

That's very insightful. Thank you for sharing.