Post
Topic
Board Altcoin Discussion
Re: Proof of Weak Hands explained [P3D]
by
Ziyi
on 27/03/2018, 17:38:57 UTC
Right, so the incremental increase is based on a fixed token amount, so each time 1 token is bought it increases incrementally, so 10 tokens would increase 10 increments. Got it, thanks. For what reason would someone buy the coin other than the expectation that others will buy and the price will increase?

That would be 1 reason and the current dividends would be the other reason. More incentives will be added in the near future to purchase P3D tokens as updates and side projects will be released. This will have the P3D contract at its center and grow it more into an ecosystem.

I do remind you:
- Circulating supply is currently ~700k which is waaaayyy less than the average ERC20 coin of around 100 million
- Current value of the contract is around 1,4 million dollars which compared to the 50/100/200 million dollars other coins is very small

Not saying that we should be 100% compared to ERC20 tokens since this is imo something new, but it definitely gives a good perspective

Contract just passed 3k ETH today on 27 - 03
Contract passed 2k ETH on 23 - 03
Contract passed 1k ETH around 16 - 03.