Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] SONM: Supercomputer Organized by Network Mining
by
murt9000
on 11/06/2017, 09:05:24 UTC
Hi, can someone verify my calculations please:

Over the course of the 1 month ICO, SONM aims to raise: ETH 283,399
Price of ETH at time of writing is USD 352.14, so ICO cap will be approx. 283,399 x 352.14 = USD 99,796,124

The exchange rate throughout the ICO will be 1 ETH = 606 SONM, so the price of 1 SONM at today's prices = 352.14/606 = USD 0.58

Max. no. of SONM tokens = 222,000,000
Estimated market cap based on today's ETH price and ICO exchange rate = 222,000,000 x 0.58 = USD 128,760,000