/biz/ - Business & Finance

Cypherpunks did a valuation on Chia purely based on network usage and no other factors. Chia is calculated at a fair value of $380B in 10 years, this is based on their partnership alone. Think about it… it’s going to create the spot price for Carbon Credits (like gold), they have the contract on this, so I’ll probably make $500M-$1B from my stake early on the equity side, and the XCH crypto side… the validators will be making so much $$ it will springboard to a top 5 blockchain by the next bull run.

No other blockchain has this massive opportunity but chia, Crypto money slowly dwindles down to failed project leaders and exits the ecosystem, this will bring Trillions into crypto alone, purely because they are patient. These guys don’t miss, they are 10 steps ahead of any blockchain, Bram is a beast, the team is a beast & they have the biggest names on the board backing this.

Kevin rose, Naval Ravikant, Slow Ventures, a16z, Richmond Global & Breyer are backing this, you have 2-3 months anon.

Why the climate warehouse is huge, is because the fake agenda of the paris agreement... it's coming whether you believe it or not... and XCH won the contract to be the tech provider for the world market (carbon credit market).

Like Gold, gold has a spot price around the world, it's universal (1.8k per ounce etc), there has never been tech around to not only be decentralized, (as some countries conflict with each other, it's very hard to get them all to use the same technology because they don't like each other, chia has spent the last 1 year's travelling and negotiating with all parties, and now they all found common ground, and willing to use.

This means Carbon Credit Per tonne will start being a universal metric vs a national metric, as carbon credit certs are cheaper in some countries vs others. It will use geo mapping for companies to list where they "planted trees" etc, and Chia for this very reason is why it's by far the leader tech wise... ETH only can handle 30 mb (hence the NFT's are shit and small), Chia wanted to focus on Satellite imagery for this usecase and they did just that.

Chia will be essentially the Nasdaq of the Carbon Credit Market spot price, and nerds have already done maths on the gas fee's that will be used globally... put it this way, the low end of the valuation approx $380BN marketcap.. this model is based purely on network usage and not speculation (like what u see in crypto today), Remember the 2017-2019 meme of " I want to own a masternode", well chia is doing exactly that in different wording, those who validate the transactions are the masternode holders, they gain the fee's generated from real world applications.

I'm a VC, this is my best holding, & that includes my Polkadot holding... the upside on chia far exceeds Polkadot when you do a ROI.

Heres the article where the new valuations will be determined by network usage vs speculation (marketing and shilling). https://www.chia.net/2022/06/08/valuing-blockchains.en.html