>still 11m tokens to be dumped on the market by the team, advisors, and a large private investor
>this month's burn will be ~3 times lower than the previous one because of token price increase
>in its current state the vidt clientele amounts to maybe something like 1m documents verified per year, which, being generous, amounts to $3m revenue per year, and only 10% of that revenue transfers to token holders which is $300k
daump it, it's not worth more than $0.1
VIDT reality check
Other urls found in this thread:
Yeah, no thanks. But you go ahead and do that. Go ahead and dump your stack.
yes please sell
Please sell you dumb shit eating pajeet nigger. Is it december? Nope. It means that he can't dump anything and he made smart contrct with the team which allows him to sell only 1% of his bag. See you at 1$ pleb.
literally no refutation, hold your bags that will slowly dip to $0.1 throughout the rest of 2019 and 2020
Yes, you're right. No time to refute retards such as yourself. Go ahead and sell. I really could not care less whether you hold this or any other coin.
S E E T H I N G
Why would I be seething? I bought it at under 10 cents. I literally could not care whether you or the other idiot sells his entire stack and actually want you to. Go ahead and sell it. Do it.
>Nope. It means that he can't dump anything and he made smart contrct with the team which allows him to sell only 1% of his bag.
Why do you think you will be able to convert VIDT into VIDS? They paid the whale in shares in the company as the incentive to keep his tokens. Unless you're the whale or top 3 token holder, say goodbye to your money.
You already know he wont be selling lol
Even more baseless FUD your source on his VIDT being converted to VIDS?
it doesn't matter if the whale got shares, the token is overvalued, the burn is nowhere near enough to even surpass that 11m to be dumped
Hey look! It's the retarded fudder from the other biz thread!
Team funds are locked and will only allow a 20% release yearly.
The whale is also locked can only release 1% per day after December.
Case closed.
Imagine being so much of a fudder that you literally leave certain details out of your shit to prove your "points."
tell me which details I leave, at this rate maybe 600k tokens burned per year, so only 3m burned to 2024, at which point another 11m tokens will be dumped to market, it's not profitable until 2030+
This guy already stated it It's being done at an acceptable rate and besides that the client base of VIDT is growing as well. Your posts are full of assumptions that may well not be true in the future.
3 mil between advisors and team, 20% a year released. Such weak FUD
>3m
>F-FUD
doesn't matter that it's yearly because the burn takes years to be profitable as well
Whew, I feel I dodged a bullet there. Thanks OP, just sold my stack.
>Even more baseless FUD your source on his VIDT being converted to VIDS?
Here are the facts, moonboy: about.v-id.org
>2020: Launch of security token VIDS. VIDT can be exchanged for VIDS, which represents possession of shares in the company V-ID
Whale owns majority of the tokens. VI-D doesn't want him to dump his tokens. How could they get the whale to volunteer to put a smart contract on his investment to not fuck over other token holders? Convert his VIDT into shares one year from now. When does the smart contract expire on the whale?