Quote from: Sozialtourist on December 25, 2018, 09:39:55 PM

Quote from: Nathan01 on December 25, 2018, 08:02:53 PM

Quote from: ibininja on December 24, 2018, 04:30:10 PM

Quote from: Sozialtourist on December 24, 2018, 01:28:53 PM

Quote from: ning_aric on December 24, 2018, 06:38:45 AM

Quote from: phantam on December 24, 2018, 01:53:50 AM

I get the feeling theirs a lot of new money getting into the project since the 2 new listings, and the airdrops structure makes it also really well done to drive sales of tokens as well to unlock the airdrop which i think was a really smart way of handling it

You can check up market cap of Covalent on crytorank for daily trading volume and market cap. They got listed on cryptorank a few weeks back.
Btw bitcoin and most altcoins prices has been going up, Since COVA is listed, its volume and price would keep pumping. Its best time to get more cova tokens because its low.

I still don't understand exactly how the circulating supply is calculated.

Right now 30% of the 20% from the private sale is unlocked, right? So that's 6% of the total supply. Team tokens are still locked completely. Founding reserve should be unlocked completely, right (10% from total supply)? From the 4% of the Huobi voting rewards, 1/3 are unlocked. So that's another 1.33...% from total supply. Block rewards, advisors and Ecosystem tokens should still be vested.

So all in all right now 17,33..% of the 6.5 billion tokens should be unlocked. That would mean the circulating supply is now 1.126 billion. That would mean the circulating supply from Cryptorank is just a rough estimation? Or did I miscalculated something?

Wait did Huobi trading begin? I thought it was only bitmax. Regarding the circulating supply I think your understanding is correct. However keep in mind the amount they have unlocked and the amount they have set for marketing and promotion within bitmax.

Yeah right Huobi trading started Dec 21 and also bear in mind too that the airdrop distribution might have also increased "circulating supply" even though the bulk of the supply are locked under the COVALCK asset column

From what I understand Airdrop tokens should be part of the section "Foundation Reserve (Marketing, PR, Business Development)" and all tokens from this section are unlocked as far as I know. So the Airdrop on BitMax shouldn't increase the number of tokens in circulation.

That's good to know because i was a bit worried concerning the issue of airdrop and how it has negatively affected a lot of brands, i have been following Cova for a while now and with all their implementations and announcements, one can easily see the creativity behind the brand, just like i earlier stated, they seem to have gotten everything planned out in favor of the brand