Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
Malna01
on 29/03/2014, 13:25:14 UTC
Does anybody known how the  very initial price of NEM will be stablished?
Is this an arbitrary decision? Or it will be calculated according the market capitalization?

It will be negotiated by people at first, then on an exchange. The market cap = price per nem multiplied by number of coins

I think the initial price should be not so high (to avoid dumping) but also not so low; just the good value to generate equal interest on both sell and buy. IMO, the initial price should be between 100-500 satoshis per NEM. Of course, with all the features and projects; this value should be leave behind soon