Post
Topic
Board Announcements (Altcoins)
Re: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet
by
jibble
on 23/04/2014, 23:03:38 UTC
IIRC - the 10% IPO means the capitalization at launch will be $160 million.  That's a risky investment for people who poured BTC into this.   It's easier said than done to hit $1 billion or $10 billion.  

You have to factor in the farmers, like miners, who'll be dumping to meet their overhead.  I'm pretty certain this IPO was never determined to be a good investment.


If you are quoting $160 million dollar marketcap at launch then its a real good investment, but i highly doubt that number is anywhere near accurate considering it looks like you factored in coins that wont exist for 1-10 years and longer.

lets say 1 billion coins are mined within first few weeks and market cap is 60 million dollars lower than you said. so 100 million dollars. you are still looking at a 240% return of investment. that doesn't include the 40% bonus given out to everyone who bought in. 370% + including the 40% bonus coins.

your maths clearly doesnt add up with what you are saying