[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.9072038 [View]
File: 7 KB, 339x302, laffer_curve.gif [View same] [iqdb] [saucenao] [google]
9072038

>>9071657
>hahaha EOS has a monetization model
A model apparently so complex you weren't able to explain it in 11 posts so far.
>>9071663
>and real world demand for a distributed/decentralized supercomputer.
Price is a function of demand and supply. The renting market means that until levels close to congestion are getting hit the price for these resources is going to be very close to zero.
If eos was infinitely scalable its value, as a way to pay for resources, would be zero.
The operating income of the entire AWS cloud in one quarter was $1.35B (costs have to be paid by eos' nodes as well, so profit matters, not revenue).
https://www.cnbc.com/2018/02/01/aws-earnings-q4-2017.html
AWS runs a very big fraction of the global internet and that gives it a valuation of roughly $100B.
EOS would have to achieve similar scale to get there based on fees alone, given the absurdly favorable assumption that they can achieve AWS' level of efficiency.

Valuations for a currency and store of value can go much higher, but eos has really poor prospects here, for reasons stated in previous posts.
Fees are good. Not too high, that kills adoption, not too low. Ethereum's $0.01-$0.1 during normal times appear to be ideal. Again, the goal is to maximize the revenue stream, not the number of users. The graph is for the tax rate but the concept is the same.

Navigation
View posts[+24][+48][+96]