51 million tokens were available during the token generating event. Only 1,967,276 were sold, which is now the circulating supply. The remaining tokens will be sold to large corporations, sovereigns and such for direct use. There will never be more than a 100,000,000 tokens.
Ah. So Reggie is using the trick of driving the price up on a tiny supply while holding the reported marketcap down (which I think he admitted was the strategy).
Then selling the corporate.sovereign cut at hugely inflated value prior to the entire supply being introduced into the marketcap reporting ? (At which point the per-coin price will tank as the market corrects).
You will have to ask Reggie himself, but as far as I know, the market asked for 1,967,276 during the TGE and got that many. In addition, no company has to release its total authorized share capital on day one. It is normally done gradually as a company grows and needs additional funds. I think it is going to be no different here. Reggie is not going to act in an irresponsible manner that will hurt VERI holders, especially those who have shown support from day one. That being said, it is definitely not too late to support this initiative.