/biz/ - Business & Finance

>>16255508
The issue is, many of them may get larger short-term pumps. You'll see things go 35% etc while NKN is just ticking over in the background. Many have done before. People get bored and sell, or see green elsewhere and move funds. NKN is for the strongest of hands. Buy now and expect to hold for 2 years (besides making swinging a little). I've been buying NKN for 5 months now, and put reasonable money into it monthly. The longer I follow the project, the stronger my confidence gets like an old piece of oak.

We're starting to build traction. We're getting a little twitter action, some AMA the team do are great for getting the name out, and eventually we'll be snow-balling so fast the FOMO will be glorious.

I sold everything else I had back in June and put it all into NKN, and have continued to grow my stack and only hold NKN since.

>>16184537
Spoke to Bruce recently. A conservative figure for daily nCDN rewards is around 40-50k NKN daily, and with a network size of say, 50k nodes, you'd be looking at 125,000 NKN daily for nodes (if all resources are sold to clients via nCDN). That's 3,750,000 every month rewarded to nCDN node-runners. Their foundation wallet currently has 31,666,666 NKN in there. If it all went to nCDN and nothing else, they wouldn't even have enough to cover 9 months of nCDN, let alone the 25+ years they're planning.

Doesn't take long to work out how much NKN they'll have to be buying once the network reaches say, 100k nodes, let alone 1 million. Their foundation and team wallets total, would only just get them through one year of nCDN usage. They'll be buying a shit-load back.

>>16149087
The team themselves have some of the best backgrounds for this sort of project. All have strong links with Nokia and other firms. Allen's job was literally to work on massive partnerships and joining ventures. Yanbo was a core dev behind NEO. Their advisers are all top tier.

The Network itself can scale beyond any other. I believe I read it takes around 200% the overhead to run a million nodes compared to 10K. Can't remember source now. But it's not a secret that it's by far the most scalable network. A million nodes could be possible tomorrow if enough were spun up in 24 hours.

nCDN can rival CloudFlare.
TUNA can rival remote compute and Google's Stadia.
Both require large sums of NKN to be bought to run.

Developers can build on NKN for free, or pay for optimised usage / high usage. Freemium models proven to work better than just about anything for bandwidth / storage type purposes.

Hosting a node on VPS is profitable once we hit around 5-6c. At which point, it'll be like printing money, and the node count will rocket. They have two clients (one signed, one TBA) which could both easily take every bit of bandwidth the team offer, so with the surge of node count will also come insane usage from day-one. The team could sell every resource they have for years, which means an insane amount of NKN will be market-bought to honour miner rewards, and never a time where there's more capacity than use.

>>16131203
Neither match the info we have. Iqiyi matches it exactly. But we'll still have to wait and see...