Imo the question one should ask is, will the value be more than 900.000.000 dollar?
120.000.000 * 7.5 dollar (highest tier)= 900.000.000 dollar
(well 25k were sold at 12,5 dollar)
Looking at the price difference of 0,25 dollar and 7,5 dollar the price should drop 10/ 20 time at launch, but who knows it could blast to a 2 billion marketcap as well (~20 dollar), nothing is for certain in crypto. With Eric Voorhees as a board director this project is one to watch.
$7.5 was not the highest tier, $12.5 was. However only about half of the tokens will be in circulation initially and new ones only be included at a price paid for them for no less than $10 (the base prise, meaning the minimum price SALT will be selling them, and it will be most likely even higher initially, $12.5 or above)
I don't think there is much point calculating market cap for projects like SALT.
It's incorrect to include coins/tokens not in circulation for calculate market cap (even Coinmarketcap only uses circulated supply to calculate)
And while right now we know how many coins are (going to be) in circulation (at the start) and a theoretical market cap can be calculated, in SALTs case as it is a membership token that will be used for paying for a service, the number of tokens in circulation will be ever changing in a not transparent way, as tokens that are used for payment will be out of circulation and when SALT sells tokens on their platform those will be back in.