Ninjastic
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Board Announcements (Altcoins)
Re: Gnosis - the decentralized prediction market platform and oracle standard
by
onemanatatime
on 22/04/2017, 03:19:27 UTC
Quote from: Wilhelmer on April 21, 2017, 02:07:36 PM

Take note though, if indeed the ICO is sold quickly @ $30/token by hitting the 12.5m market cap, the distribution of Token supply will be:

ICO participants: 4.17%
Held by Gnosis team: 95.83%

This makes it a market cap of $300 million. So good luck with that once it hits the exchanges.

Please do refer to the sale schedule for more information.
https://docs.google.com/spreadsheets/u/1/d/1vYjDat8wLd97pEfrdkzOcHd5ZLOlYjpDSkJaTnEDe1E/edit#gid=0




Yeah it's a money-grab everywhere. Unicorn ideas, but no product or mvp to show for it most of the time. Gnosis might be different in terms of the mvp, but no different from other projects trying to get insane amounts of funding.