Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] Polyswarm - The first decentralized threat intelligence market.
by
youbitbrain
on 07/03/2018, 15:12:12 UTC
Trying to figure out the max NCT tokens that will be produced (as I could not find this specifically called out).

My guess is it will be somewhere between 1.8 to 2 Billion NCT (assuming they hit their max funding level of $50M).

$50M USD is the crowdfunding max, and I believe it is also the initial marketcap?  Or was there a private round of funding (or a token reserve) that occurred earlier that I've missed counting?
Quick back of the envelope calculation (very rough numbers): $50M = roughly 53,995 ETH (@ $926 each as of Feb 20)
1 ETH = 31,337 NCT (but there are bonus tokens for early contributors)
If we disregard the bonus tokens, then there will be ~ $53,995 ETH x 31,337 = 1,692,062,634 NCT tokens
Even with the bonus applied for early contributors, the total # of NCT tokens probably won't exceed 2 Billion

Did I get this (close to) correct?