Announcement about listing price
Are you making fun of investors?
Even though you are trying to create excitement as an important announcement, as you can see, there is no excitement about the project. In fact, I think this announcement is legally declaring the failure of the project. Those who can sell the coins in the listing will sell them and the price will drop to 0.000000... and you will say that we tried and the price of the coin was determined in the market. My thoughts on the set price:
1) It's tricky to include airdrops in the cost calculation.
2) Rounding up to the last 3 digits is tricky. Because when you calculate it, the cost is not 0.008 but 0.00847, which is actually 0.0085.
3) You have locked up the investor's money for about 3 years. During this period, the cumulative US inflation rate is already around 25%. Given the unit cost and the listing price, you are proposing a premium of 17.7% for 3 years. That is a loss of over 5% in real terms.
4) I'm sorry, but that's not fair. Something tells me that as investors we are funding a (5-10) developer's salary for 3 years. That's it. And the resulting product is nothing more than an ordinary forum. Almost the only way of generating income for most users like paid questions has been cancelled, let alone progress.
Are you making fun of investors?
Even though you are trying to create excitement as an important announcement, as you can see, there is no excitement about the project. In fact, I think this announcement is legally declaring the failure of the project. Those who can sell the coins in the listing will sell them and the price will drop to 0.000000... and you will say that we tried and the price of the coin was determined in the market. My thoughts on the set price:
1) It's tricky to include airdrops in the cost calculation.
2) Rounding up to the last 3 digits is tricky. Because when you calculate it, the cost is not 0.008 but 0.00847, which is actually 0.0085.
3) You have locked up the investor's money for about 3 years. During this period, the cumulative US inflation rate is already around 25%. Given the unit cost and the listing price, you are proposing a premium of 17.7% for 3 years. That is a loss of over 5% in real terms.
4) I'm sorry, but that's not fair. Something tells me that as investors we are funding a (5-10) developer's salary for 3 years. That's it. And the resulting product is nothing more than an ordinary forum. Almost the only way of generating income for most users like paid questions has been cancelled, let alone progress.
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8 answers