Quote from: Suckhoelaodong on January 30, 2018, 12:27:06 PM

Quote from: mdodong on January 30, 2018, 09:11:10 AM

Quote from: Gaman on January 30, 2018, 08:14:41 AM

Quote from: r1d1 on January 30, 2018, 07:37:33 AM

Quote from: Gaman on January 30, 2018, 05:52:20 AM

Right now in discord, you can't get SEM unless you pay about 23k satoshi btc per SEM. Thats around $2.5 per SEM. Given that SEM in circulation is about 25 million (the other 75 million is block rewards), we can say that the market cap is around $60+ million.

You don't correctly determine the number of coins in circulation. Coins that are in the hands of the developer can not be attributed to coins in circulation. Therefore now it is much less coins on hands. I did not count for sure, but something about 3-5 million. Only these coins are now available for sale. More precisely, they can be accessed if someone wants to sell them.

Just for info: 3,629,289 SEM in votes.

Do you mean that developer doesn't join the voting process and validation?

That is correct. The following coins will not be part of the voting process and validation:

#   Balance    % of coins    Address & Name
1   9 866 788.89 SEM   39.5261%   0x541365fe0818ea0d2d7ab7f7bc79f719f5f72227 foundation (10M)
2   5 988 483.96 SEM   23.9897%   0x1504263ee17446ea5f8b288e1c35d05749c0e47d community distribution (10M)
3   4 553 279.97 SEM   18.2403%   0xe30c510f3efc6e2bf98ff8f725548e6ece568f89 founders premine

Source: https://semux.info/richlist

Hello mdodong, if those coins of foundation not use for voting and vadidation, so what purposes of those coins? I just curious about this first address you mentioned.

Please see detailed distribution on our official website: https://www.semux.org/

Block Rewards: 75,000,000 SEM
Community distribution: 10,000,000 SEM
Alpha test rewards: 1,349,660 SEM
Beta test rewards: 864,000 SEM
RC test rewards: 150,000 SEM
Airdrop to bitcointalk users: 1,016,600 SEM
Airdrop to bitcoin holders: in progress
Airdrop to altcoin holders: under consideration
Development and marketing: 10,000,000 SEM
Founders: 5,000,000 SEM