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
Checked, but I still how over 10k just in case.
new wallets created to prepare for clients like 2 days ago and pim also confirmed they were in talks with clients and the bigger the client the longer it takes to talk
>>validations will never grow and they will never be getting new clients
They had Airbus as a client since 2017. In those two years, the only major customer they acquired was AmSpec. You will be holding for a long time, because the only way the price will do a 2X organically from the top (without a pump and dump scheme) is if they get at least 200 AmSpect-tier companies as a client.
yeah because noone will ever want to buy vidt other than the 500 guys on idex and their bot
also alot of projects will have to be delivering on that scale if they actually want to succeed so the same could be said for the entire market the only difference being that vidt is actively delivering
If you're looking a tokenomics, I would consider looking at NOIA.
> Acknowledge by Microsoft & Cisco
> Working Product (Code used by Tech Giants)
> Did not have a typical IEO (Pump & Dump style)
> Made modest gains for early investors
> Found support and just has Organic Chart
> Extremely undervalued less than 1M
> Has something we all can rally to, faster Internet (x15)
> Great Tech - literally has no competitors
VIDT made me a quick bucks! On to the next
you must be new. once a project is live and generating revenue, it stops speculative. that's when you can look at the numbers and see how overvalued it is in the market. See VET and REQ for example. tokens pump before main net, they die after that.
>yeah because noone will ever want to buy vidt other than the 500 guys on idex and their bot
Glad we agree.
You can’t compare those vidt is much more under the radar and still needs to be discovered by the masses, vidt also has a fully working product and the business is operating as should and still growing
Ok cuck here for (you)
lmao dis topic, come back at the end of Q3 then we shall talk frens
Yeah, you can replace the word "VIDT" with literally everything else than BTC. Still you buy these fucking useless tokens.
what I'm saying is this market pumps the shit out of tokens that are pre-revenue because it's a fucking ponzi market. for projects that are generating revenue, you can look at the numbers and see what a fair valuation is.
The fair valuation isn’t known because nobody knows how big vidt will grow and on top off that it doesn’t even have a proper exchange yet
>10% of all verification fees get burned
couldn't even get this fact right. it's 20%
your age is showing kiddo.
cost to duplicate is low on something like this, so it doesn't stand out. price-to-earnings is the simplest and most reasonable way to value this company.
10% of the fees get burned from the verification pool, which never interacts with the circulating supply.
Another 10% is used to buy VIDT from exchanges. This is the only burn that matters.
watchout VIDT telegram actively banning anything that goes against the agenda
vidt has first mover advantage and has to potential to become the leading blockchain validation service tackling fraud which is costing companies billions so the potential for growth is bigger than what your math equation can grasp
show me a single crypto with a higher price-to-earnings
why use calculations when you don't research where the numbers come from?
user....crypto is a ponzi. if you look back at what I've written, I never tried to justify the valuations of other projects. every utility token is still insanely overvalued imo. I'm simply pointing out that they all pump best when they're pre-revenue.
>first mover advantage
irrelevant for a product with no network effect. people stick to eth because it has whole ecosystem built around it, but nothing is built on vidt. it's incredibly easy to switch verification providers.
>V-ID will buy an amount of tokens equal to 10% of VIDT spent on validations
learn to read, nigger. that's the only burn that matters. vid has their own separate pool for validion fees that never interacts with the public, so any burn from this pool is irrelevant.
the market has the final say on this. you want to tell me how big it is.... obviously it's not. the market disagrees with you.
thats not a fucking burn are you retarded? I never disputed 10%buyback but you say here
>10% of the fees get burned from the verification pool, which never interacts with the circulating supply.
and no it's fucking 20% not 10. are you a nigger?
>irrelevant for a product with no network effect
That’s just bullshit lmao hurr durr they can just buy a htc instead of a samsung
Competition is expected and normal but vidt will still have an edge over the rest for having the bigger clients and proven product
That is up for the market to say not you since you’re only pointing out the short term right now if in the long run the market stays at these prices than perhaps you were right but for now that is just a guess
They also pump best when they actually get discovered and are listed on proper exchanges
Fudders itt need to have sex i dont any vidt but i hope you guys make it
the fudfags here read like incels trying to buy cheap. Imagine wasting a beautiful august day like this, and claiming no financial agenda
cut it out. this shit has been dropping nonstop for weeks now. I'm not interested in holding drops and have no reason to baghold shit for years hoping it eventually goes back up. cut losses early next time.
I don't think you understand what is happening to the rest of the market right now. stop waiting for alt season like a retard and protect whatever you have left in this game.
>That’s just bullshit lmao hurr durr they can just buy a htc instead of a samsung
that's true though. android cell phones have almost no network effect, so it's incredibly easy to switch brands. samsung still exists because normies think it's good, not because switching to htc costs thousands of dollars and disables all apps.
a network effect exists for OSes, which is why Windows Phone flopped hard despite being backed by billions of dollars and hundreds of top programmers/engineers.
>Competition is expected and normal but vidt will still have an edge over the rest for having the bigger clients and proven product
the "proven product" advantage falls apart once a competition verifies any significant amount of files without fucking up. "bigger clients" are literally irrelevant - a dairy farmer cannot demand more money for his milk because walmart is one of his customers.
you dumb fuck. that 10% buyback is used to replenish the validation pool. the end result is a 10% validation pool token burn (literally irrelevant) and a 10% circulating supply burn (the only thing that matters). the validation pool burn could change to 50% overnight and it wouldn't affect the price.
Prior to this it was also going up nonstop for weeks also thanks for telling me to save whatever i have are you some kind of ange or something?
For the users to switch to another validation service they would have to surpass vidt and that is kind if hard to do since vidt has a very easy to use product and great service so the basically nailed it perfectly and it will only become more attractive to use with the big clients they currently have
Are you saying that theeir MCap should be lower than their yearly revenue??
In 3 months they are avering 100K$/monthly which means over 1M$ yearly. And you are saying that their Marketcap should be lower??? HHAHAHAHAHAHAHAHAHAHAHAHAHA
FUCKING RETARD HAHAHAHAHAHAHAHAHA
So then... what is based on your calculations the MC of Iota? Cardano? ??? Their revenue is literally 0 and they are valued BILLIONS>
Now you will say... but If they have a revenue you should value with their MC and not their "thin air".... Is like saying that VIDT can not grow over the time. You can speculate with VIDT also because if you believe they will onboard more clients overtime. Saying that a startup on its infancy should be value by their revenue is literally bullshit. You can still speculate they will be the next Amazon and that's why you will buy if you think they are going to reach a lot higher price.
Your arguments are probably the most pathetic ones I ve ever seen here in a long time. You are basically killing a project that has revenue and clients and still we have Chainlinks or Quants with x100 higher MCAP with 0 revenue. Bullshit man
except you aren't invested in VIDT the company retard, you're invested in the tokenomics.
we're talking about how much one of their meme tokens should cost, not what the companies stock should cost.
This sort of retarded, baseless FUD is extremely bullish in my opinion. Thanks, just bought 100K, faggot.
I understand that buyback (which you repeatedly called burn, which it's not) is the only thing that matters. You are too fucking retarded to understand that the endrestult is that 20% of the irrelevant validation pool tokens get burnt and additionally 10% of the spent VIDT for validation get bought back. how can one be this stupid?
Exactly..VET and REQ both hit top 10....
VIDT is a 4m marketcap.
>Are you saying that theeir MCap should be lower than their yearly revenue??
yes? read my post, that explains it pretty well. since you only get 10% of the revenue and tokens aren't company equity (nonbinding proposals are irrelevant), the market cap for vidt tokens can be much lower than the market cap and revenue of v-id.
>plus the 5.5 million tokens held by the private investor
why ignore 5.5m tokens held by team and advisors, it will be circulating all the same
because some of these tokens are already circulating and i'm not putting in the effort to determine how many have been sold yet.
vidt fags can't read I guess. you should be worried about the company you keep anons. legit retards in this thread bullish as fuck