everyone think this crypto will coming on exchange at the price of 250$us ?? on what exchange this crypto is suppose to come ? i never see ico expensive like this.... 0.6 eth for 1 token wtf...
Yes this is not 0.01 cent or 1usd token.
However do be careful to judge value by the nominal price of the token.
Our price for pre-ico and ico is 0.6eth for 1cabs (bonus differe depending on timing and volume)
This translates into about 2-3% premium over BTC (or securitization premium)
Today the same premium for Bitcoin investment trust is about 5000usd or 50% securitization premium
So relatively it's very cheap.
We could have made 100x more supply to reduce the nominal price
But decided that's better to keep 1cabs=1 BTC conversion ratio as it's simply and easy to compare things
As opposed to making 100x supply and making things more difficult to quantify...