Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] ChronoLogic - Proof-of-Time token on Ethereum [BOUNTIES]
by
puremage111
on 30/08/2017, 04:09:40 UTC
Keep in mind the ChronoPower of each timemint halves every 88 days, but you can sell your DAY tokens without the TimeMint if you wish to do so.
What will happen in 2 years then? The ChronoPower will halve 8 times, but still generate some small amount of tokens (will go from ~0.5% to 0.00195%)?

That is what TimeMint was designed . So basically the longer TimeMints operate the lesser it yield DAY token. So better strategy is to buy more at the exchange as early as possibly to send the DAY tokens for minting before it half .

Therefore when it halves, Timemint valuation will get more appreciated thus increase in price?

Assumption

500K * 1% (Actual rate is within 1%-0.5%)


500K * 1% (88 Day) = End up with 940K First 88 Day
940K * 0.5% (88 Day) = End up with 1,353,600 Second 88 Day
1.3M * 0.25% (88 Day) = End up with 1,586,000 Third  88 Day
1.59M * 0.125% (88 Day) = End up with 1,764,900 Fourth 88 Day

Approx after a year, with the current raise fund, we will end up with 1.8 ~ 1.9 Million Daytoken

With proper development, this is gonna be huge

Based on current ETH price = $374 , Divide by 24 Day , 1 Day cost around $16

Start with $16 * 500,000 = Its only $8,000,000 Marketcap, it has a lot space to grow