VIDT's tokenomics are simple - every month, 10% of all verification fees get burned. Verification fees are measured in fiat, so the amount of tokens burned increases at lower prices and decreases at higher prices.
Right now, around 50k tokens get burned every month.
As the current circulating supply (plus the 5.5 million tokens held by the private investor) consists of 34498424 VIDT, the monthly burn rate is 0.145% a month - or 1.74% a year.
Therefore, the V-ID token has a "true growth" of 1.77% a year at these prices. Anything else is speculation.
Startups are a risky investments, and cryptocurrencies even more so. Comparable investments (high-risk startups with enormous growth potential), however, usually generate a 10-15% yearly ROI, as the probability of a total capital loss is much higher than the risk of more traditional investments like stocks or real estate. To compete with them, V-ID requires a much higher token burn - a token burn x5-x10 as high as the current one.
By my calculations, VIDT is is massively overvalued. The correct valuation is somewhere around $800k to $1,000,000 - at this point, the monthly token burn generates enough dividends to justify the enormous risk of holding a startup microcap cryptocurrency.
Prove me wrong.
VIDT is still massively overvalued
Finally someone who has also done the math.
>inb4 i can smell the curry from here pajeet amspec and airbus doesnt think its overvalued -80% loss from top means nothing lol imagine thinking 5m cap was the top lmao fuck off you sound like retard comfiest hold of the year
Also keep in mind that 500K tokens are unlocked every year for the next 5 years. So even a low burn rate of 50k a month sees 10 months getting replaced in a yearly period.
who cares about your maths if its on binance.com within a month. every fucking crypto rises based on speculation, thats how we get rich fren.
>every fucking crypto rises based on speculation, thats how we get rekt fren
You're also supposed to speculate the top and sell there. No one cares about VIDT anymore (see the price action for proof).
>new company
>validations will never grow and they will never be getting new clients
I wonder who could be behind this post
Also lets not forget that this entire fucking space is speculative and vidt is one of the only projects out there with real revenue and actually delivering
>validations will never grow and they will never be getting new clients
assuming that they'll suddenly get tons of new clients is speculation. right now, there don't seem to be any signs of v-id acquiring new clients. there are thousands of tiny new start-ups, and few of them actually get big.
This is what buying ans/link/qnt feels like nubiz, you never really know with the pajeet like shills and FUDsters
Sergey and the LINK team has actual revenue with them dumping 700k every day ayylmao