1. why so high a price in the sale? You guys are expecting a ~$17 price per NIM?
-$300 ETH value gets 175 NET ($1.714/NET)
-Then on exchange/conversion would have 17.5 NIM ($17.14/NIM)
$17.14 NIM seems crazy when (under your beta) I can get 5 NIMs in under a day to start. Even assuming the reward rate drops very quickly, I think I could make this up with way less than $17 in energy costs per NIM early on. You guys have a fantastic idea that I'd be happy to support in a sale, but the value terms are not making sense to me.
I am wondering the same thing. What is the expected price range when NIM hits the market? Is the token sale just some kind of charity event that should deter whales? Or is there some (small) financial incentive for token buyers?