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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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23762600 No.23762600 [Reply] [Original]

Ok Anon's hear me out...

They’re selling 400MM tokens in the public sale and the circulating supply at launch is 1.2BN. They will have a 10BN total supply, with inflation+burns.

That said, at $0.03, the circulating MC once network is launched will be 36MM (1.2BN tokens circulating). All of the other tokens are unreleased and/or vested, including all of the VC’s tokens.
This could be a Filecoin situation where GRT reaches a deluded fully diluted MC initially.

At 36MM circulating MC at $0.03, why could this not hit 360MM circulating MC at $0.30? Could even go to $3.00 and 3.6BN circulating MC.

Filecoin’s fully diluted valuation is 58BN RIGHT NOW. At peak it was over 200BN, with a circulating MC of $2.5BN.

At $3.00, GRT’s fully diluted would be only 30BN. Double it we get to $6.00 and 60BN. At Filecoin’s peak, that’s like GRT at $20.

Much of the GRT will be staked in the network as well, either as curators or delegators. You can earn fees by delegating or signaling with your GRT, so there will be buying pressure for people trying to earn passive income, and a decrease in selling pressure since most users who bought in the public sale will be either delegating or curating. And there is a limit of GRT in the sale, only $1-5K per person, those with a higher limit are people more likely to stake in the network = less people to dump. And no Americans could participate in the sale, so that's a huge demographic excluded.

What are your predictions?

>> No.23762614

>>23762600
what the fuck kind of logo is this?

>> No.23762859

>>23762600
my prediction is you should have sex

>> No.23762887

I wanna be high off the hope. I 98% will hit $3 but it all depends on the use case. IF curators will step in and fomo bitches come buying in once it hits the market.

>> No.23762917

>>23762600
Its just an open source GraphQL connector and they try to rent seek with a token. Like trying to charge somebody for a REST connection. Any project could create this themselves and let ppl access for free. Avoid if you know anything about tech.

>> No.23763129

>>23762917
LINK is just an API also.

>> No.23763154
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23763154

>>23762917

Nice try David. That's why there are 300MM requests every day and Uniswap, CoinGecko, Balancer, Synthetix etc. use the Graph TODAY

>> No.23763250

lol Graph fud is always bottom tier, Even worse than 2017-2018 Link fud. Keep it coming tho we all need a bag of this (But i doubt it'll be helpful because /biz/ has little to no influence on non microcaps).

>> No.23763357

The biggest risk is that all the pajeet retards who are already swarming telegram asking "wen token release" pump it to $1 straight away before I can buy any. I'm honestly concerned about it.

>> No.23763558

>>23763357
Don't worry we'll have a chance to buy in, If not on listing then a few weeks after

>> No.23764038

>>23763357
Until what price are you willing to buy?

>> No.23764113

>>23764031
jannies clearly doing their job right

>> No.23764125

>>23764038
More than $0.30 and i'll probably wait it out. Under $0.20 and I'll put a lot in.