Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Dentacoin [DCN] - The Blockchain Solution For The Global Dental Industry
by
The1crypto
on 20/11/2017, 12:30:57 UTC
As a investor (I invest 1 ETH for now), I have a question. How will you distribute the 1.9% on 2018? I'm quite confuse with the distribution because there's the possibility of price decrease if you directly add it in the blockchain without a price on it.

Based on the https://coinmarketcap.com/currencies/dentacoin/, the circulating supply is 323,507,001,026.00 and the market cap is $41,899,333.00. If we divide the two:

$41,899,333 / 323,507,001,026.00 = $0.0001300 - This would be our Dollar price as of today November 16, 2017.

If you add 1.90% in 2018 that is:

 8,000,000,000,000.00 x .019 =  152,000,000,000.00

So the total circulating supply in 2018 will be:

323,507,001,026.00 + 152,000,000,000.00 =  475,507,001,026.00

And we will get the value of 1 DCN in Dollar based on the current market cap:

$41,899,333 / 475,507,001,026.00 =  0.0000881

So, from 0.0001300$, the value on 2018 will become 0.0000881$ if the market cap will not increase. Hope you will get my point sir. I'm sure This will not be application of your token.




Thanks for this, I'm a token holder too. And I didn't make the maths.

Any TEAM MEMBER could inform us, how is going to happen this increase of 50% of the tokens?