Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin
by
Grrizz
on 09/09/2017, 10:26:00 UTC
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Do the math. At $.01 cent a coin, when the coins can easily reach $10 to $20 dollars. This is easy to see when you compare this to similar projects, look at their marketcap, and the do the math.

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Are you sure about that? At $10 it would have nearly the same market cap as BTC with just the ICO coins (<1/3 of the total supply), seems a bit steep for something where, as far as I can see, its two main points of "innovation" are easier to read numbers and CPU mining, neither of which are all that special. Unless you are talking $10-$20 in 10-20 years I think ~$0.1-0.2 in the short-mid term might be a more realistic goal.

This project does look to have potential mostly from a marketing point of view rather than a technology point of view which can be just as, if not more important in the alt coin world but I think going 1000-2000x is being a little overly optimistic unless there is something you see that I've missed?