I understand some may feel that the price is too high, but considering they are at the price of a Bitcoin right now, and with Bitcoin really not offering anything significant to the market I find that surprising. How many of you have been rallying for Bitcoin to go up over $100,000 and above ;-)? I believe we will be that project that brings that kind of value to the Fintech space. Please read our whitepaper, what we are building is an ENTIRE ECOSYSTEM.
As for number of VIVA Coins minted in a quarter, that will depend on what the market needs. As Crownholders we evaluate that need each quarter. You can see the marketcap on Tradeqwik.com
All transactions for buying VIVA Crowns are done in VIVA Coins, that is done to support our market and depending on how high those prices go, what we mint moving forward will largely depend on those figures. Keep in mind, the Crownholders are guardians of our ecosystem, we increase and decrease supply to keep our base coin VIVA orbiting a stable value at +- 10% of $5.50. That is a figure we calculated from the census bureau of the average income of a first world employee, divided by 24 hours a day, 7 days a week...to come up with an hourly dollar amount. Thank you for your questions!
I understand this. I'm asking how many viva coins have been minted. I understand there was a pre-ICO sale, and those that received Crowns in that sale were already granted TR's. So, how many of those early crown holders are minting and how many have they agreed to mint per week/quarter. We can't tell if we consider your price fair unless we know the supply. They are over 5 dollars each. Are there 1,000,000? 100,000,000? How many people control those? Super important to include total supply in any currency endeavor.