I don't get it... There are a total of 2 billion coins and the IPO price is 518 satoshi??? So, market cap is over 10,000 BTC even before launch???
I see some really good features but is it not too much to start with???
This has been discussed many times..
A coin market cap is based on the total amount of coins that are available, not the total amount of coins that will be available in a lifetime. Please look at the mining rewards when you calculate the market cap.