Thoughts on ChainLink? Brilliant idea and the team is solid.
Looking at the ICO terms, we have 1 billion tokens with a buy-in of 2000 tokens per ETH if you get in during the first 24 hours. At the current ETH price of $328.25, the pre-ICO valuation is sitting at $164 million.
However, given that they have a hard cap of $32 million, and they're distributing only 35% of the tokens during the crowd sale, the valuation is $91 million.
Which is correct? Is this there good profit potential in this? Do you see a 3x+ happening?
I think it will be more than 3x. Gonna drop a couple eth in this.
> good idea
> check
>>>> """"""INITIAL COIN OFFERING"""""""
> check
> fairly low cap
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> spacesuit
> check
> moon
> check
1000000000/2000? .000005 of the total supply for 1 eth at 330 right now. Thats a fucking HUGE valuation for this coin. no thanks.
>>3213864
That's what I'm thinking. They've fucken valued themselves in the top 50 on CMC. They don't even have an MVP yet. This is what they say about their lack of a white paper:
"We're currently writing our whitepaper together with top academics in our field.
Because we're writing a foundational technical document together with leading academics in our field, the review process takes longer than other forms of documentation. We do plan to have the whitepaper out before the start of the public crowdsale."
Is this another fucken Bancor?
>>3213858
(((INITIAL COIN OFFERING)))
>>3213905
sure sounds like it. Honestly I feel sorry for who ever is buying this shit. .165 is how much they are offering per token for this shit, if you do the math this is what It should come out to on base ICO levels. fuck that.
lol you guys must be mistaken
chain link is guaranteed path to lambo land