Post
Topic
Board Service Announcements (Altcoins)
Re: [ANN][EXCHANGE] WCX – Low-Cost Crypto Exchange built by Apple & Wall St team
by
PlayerInVN
on 11/09/2017, 09:53:46 UTC
I think I understand.

Suppose WCX AVERAGE DAILY VOLUME = 1 billion USD

Transaction Fee = 0.1% -> 1 month gross profit = 1 billion x 0.1% x 30 = 30 million ($)

Profit divided by WCX owners = 20% x 30 million = 6 million ($)

Look at the estimated table: When WCX AVERAGE DAILY VOLUME = 1B

100 000 WCX --> 600 $
Huh  WCX  --> 6 million $

-> Huh = 6 million x 100 000/600 = 1 billion (WCX)

So we are discussing investment with hidden partners for a 1 billion WCX (EQUIVALENT $ 100 million) project. Am I wrong here?