Quote from: KarambaCoin on July 11, 2018, 11:39:15 AM

Quote from: Socket32 on July 11, 2018, 11:28:02 AM

Quote from: Sithcs on July 11, 2018, 11:18:37 AM

Quote from: kripTavalleT88 on July 11, 2018, 11:12:51 AM

Quote from: bitChipper on July 10, 2018, 05:17:45 PM

Quote from: EweCoinEwe on July 10, 2018, 03:29:44 PM

Good evening . Does anyone have any predictions? What do you think, how many CLO will be in December? Will the income depend on this?

A block is formed roughly every 15 seconds and in each block contains 600 CLO.

There are 86400 seconds in a day so:

86400 / 15= 5760

5760*600= 3,456,000

So right now there are 3,456,000 CLO created each day. 20% of that goes to the treasury fund, 10% of that goes to the staking fund.

3,456,000 * 20% = 691,200

3,456,000 * 10% = 345,600

691,200 + 345,600= 1,036,800

2,419,200 Actual CLO are created and distributed to the miners daily besides the CLO reserved for the funding mechanism.

~150 days until December 2018....3,456,000 * 150 = 518,400,000 created until then

518,400,000+456,258,253(current supply) = 974,658,253

So nearly 1 Billion coins in mined by December, around that time they will enable the cold staking mechanism which IMO is the MOST important aspect of this project. It is what makes it unique and sets it apart from others.

Let's speculate that by that time, with a little hype and marketing the market cap of CLO gets to 120 million (~16x what it is now), that would put each CLO at .12c (12x what it is now) and that is if the price of bitcoin stays the same, if bitcoin goes up the price of each CLO could be even more.

Could be a lot of upside with this project.

I think this is a large number. The price will not be very high.

What about Ripple? There is no mining, the coins are simply "drawn". The number is prohibitive. Most developers have coins. And the price is 45 c!

In the case of Ripple, I am of the opinion that the price of the coin is artificially overstated and supported by the main owner. More like a scam))) I do not understand why the authorities do not stop this crime.

In this project there is a real product for all Internet users. This is a secure file storage. Therefore, the CLO price will be determined by the number of users.

True, the more number of users will store their files, the more CLO will be frozen by the smart contract.
So these CLO for file storage must first be purchased on the exchange.