In the whitepaper they say that the annual profit is 160%, but one thing is not clear to me. This interest is calculated on what price? At the purchase price during the ICO or at the price of tokens purchased at any time?
What I want to say is that if I bought 1k tokens at 1 $ during the ICO and then after a month the price rises to 2 $ my profit at the end of the year how much will it be?
I hope I explained myself.
Obviously the ROI of 160% in first year ($1,000 = $1,600 profit return) is based on a price per token of $1, so it means it could be more if u purchased at a discount. And this is only an estimate based on steady increase of Eth price and mining difficulty rate at the time of calc. So of course if the price of token changes u still have same number of tokens so same ROI, more or less. If things work in our favour then mining difficulty could even come down (ie China ban) and if the price of Ether doubles for example. Whatever happens EVN should be a long term hold for a steady income as surely Crypto's are here to stay and the ROI increases year on year. It should be safe at least to hold for the next 5-10 yrs at the very least, and hopefully in 5 years the ROI will be at least the 6,000% as estimated. Don't forget that we should get back our investment within 12 months so the investment risks are minimal.
But what's not clear for me is this, if for example tokens price increase to 2$ who buy this price, will expect still a ROI of 160% o it will be 80%?