well, from what i can see there are around 240,000,000 EON
which means that selling EON tokens at $1 a pop would give exscudo a 240Million market cap
this places it at the current 26th spot in terms of coin market cap.
below coins such as
-populous-
-stratis-
-waves-
-ark-
~~from what im reading and from what i am seeing, this sounds like a somewhat fair valuation for bounty hunters to dump at~~
if you give EON a price of .50 it would give a 120 million market cap placing it under
-sia
-byton
-walton
-digidao
~~i never even heart of most of these, so selling EON anywhere around .50c is completely foolish as some of these coins are genuine vaporware~~
if you believe in the multiplier price deduction myth you would sell the coin at around .25 cents or less giving EON a total cap of 60 million
putting it under coins
-atmchain
-nxt
-vechain
-chainlink
-ripio
~~ most of these are trash coins, holding EON is too heavy that you are willing to let go at this price, by all means. but this is what you are comparing it to.~~
im just some random dude, my financial advice shouldnt be taken seriously but from what i can see for the people looking to sell accounts or dump at the first chance they get, im going to go out on a limb and say EON tokens should at least be worth $1 simply going off the market cap and competition of the coins in that range more likely even higher, also note that market cap is based on circulating supply. All i know is that there are 240 million exscudo based on the website, im not sure how much of it is actually circulating.
which means that selling EON tokens at $1 a pop would give exscudo a 240Million market cap
this places it at the current 26th spot in terms of coin market cap.
below coins such as
-populous-
-stratis-
-waves-
-ark-
~~from what im reading and from what i am seeing, this sounds like a somewhat fair valuation for bounty hunters to dump at~~
if you give EON a price of .50 it would give a 120 million market cap placing it under
-sia
-byton
-walton
-digidao
~~i never even heart of most of these, so selling EON anywhere around .50c is completely foolish as some of these coins are genuine vaporware~~
if you believe in the multiplier price deduction myth you would sell the coin at around .25 cents or less giving EON a total cap of 60 million
putting it under coins
-atmchain
-nxt
-vechain
-chainlink
-ripio
~~ most of these are trash coins, holding EON is too heavy that you are willing to let go at this price, by all means. but this is what you are comparing it to.~~
im just some random dude, my financial advice shouldnt be taken seriously but from what i can see for the people looking to sell accounts or dump at the first chance they get, im going to go out on a limb and say EON tokens should at least be worth $1 simply going off the market cap and competition of the coins in that range more likely even higher, also note that market cap is based on circulating supply. All i know is that there are 240 million exscudo based on the website, im not sure how much of it is actually circulating.
I think they were definitely (iirc) reserving some for future expenses but it was so long ago I've forgotten and could be remembering one of the other countless ICO's since then. This must be somewhat what the internet bubble guys felt.
Obviously there will be serious projects, and I think EON is one of them...when a team takes the real time needed to complete such complicated tasks, it shows real drive and logic...opposed to these vapor coins like you've listed.
I know it's not 'scientific' but your logic seems spot on with how I was seeing it as well. Sure, in the world of physical goods, getting 7x the goods would logically lower the value (assuming there's not some secret agreement to not sell below X dollars) but many, MANY people investing didn't know the timeline let alone that they would be getting the 'burnt' bonus. So just based on simple economic logic, the coin is at the very least worth the .0002 btc (at the time it was what, 11 or 1200?) per coin, as they were willing to pay that for the crowdsale with no expectation of the bonus. Actually even if you knew about the bonus, you'd have no way of knowing that the crowdsale wouldn't sell out...so it doesn't stand to reason that 7x more coins equals 7x lower value per coin.
That said, it's up to whatever people offer it for, and even coins like waves I don't think have the same appeal even so simply as visually and name-wise.... EON gave me the same feeling I felt when I looked through the list of tokens on poloniex and saw some weird thing called Ether being traded and it had it's own blockchain...that was at $3 so I follow that feeling and EON not only had a great name, message and vision, but it just had that eye-catching draw that made me look into it.
I think this coin will be a winner just because there are too many other 'projects' trying to be different or exciting or whatever...when the case can be made that a simple structure that is just more easily usable/adaptable than the king Bitcoin could develop a substantial user base. When you try too hard to seem unique you might just end up one in a crowd of douches. EON has a simple (yet complex) set of goals and they're taking their time yet not doting around.
I think it will certainly open at or around $1, but the fact that they ARE taking their time and not jumping straight to paying the bittrex fee and getting tokens to market just increases demand more. So many people are keeping an eye on this annoyed that they missed the ICO, and you can bet they'll be there in the early days of official trading.