Post
Topic
Board Announcements (Altcoins)
Re: [ANN][NFD] NFD-Coin | 100% POS | Huge IPO | Escrow: Anon136 | >750 Joined!!
by
NFDcoin
on 05/05/2014, 17:35:14 UTC
Anyone have any good idea how much each NFD will be when it hits exchange?Is there any chance of it being worth 50-60 satoshi.

Let me take a stab at this:
NAS is currently traded at 5-6 Satoshis. The coinsupply is twice as big and the initial distribution was horrible and the community is very small. At its peak, it was traded for 25 satoshis. This leads to the following expectations
--> 10-12 Satoshis minimum. ~50 Satoshis small upper cap.

But in my opinion we can surpass the marketcap that NAS had, if we play our cards right!


Have a nice trip. Only one Dev in the team?

Yes!

That being said, there is no reason, that his has to stay the same! Until the launch I don't need any help, but if later the community wants to implement new features, I might need help and then a team of devs can move things much faster.

The IPO is complicated

It may not seem that way, but a lot of thought went into the distribution. I wanted to create a system, that doesn't reward big investors propotionally. If you invest litte, your ROI will always be higher, than if you invest much money.

That being said, I think that even if an investor will pay 5 BTC for his 100 M stack, he will have a very nice roi, because I think that a marketcap of >1000 BTC will be possible within the first weeks, when we hit a major exchange!