Anyone who has read the project white paper should know that the general project white paper will have a special section to explain the issuance of this project tokens. The issue mainly involves several aspects, namely the total amount of the shares, the share of the ratio , Release and release time, distribution methods and channels, ways to trade routes and so on. Different items, these data are different.
Within each of these data, each piece of data can provide some information that we can refer to and compare against other items, primarily those of the same type.
Some of these data are definitive data, some are data with expected values, and for investors, we focus on those definitive data.
Blockchain Project Investments: The key data for tokens is especially important
First talk about the total problem.
We know that the initial distribution of bitcoin totaled 21 million and many people today have attributed their price hikes to a limited number of reasons, based on this scarcity, and we do not care about that Is not entirely correct, but in the present element of the price of tokens, the total quantity directly determines the initial issuance price and the potential for future growth. Although it can not be said that the quantity is low, the price will be high. However, The cost price does have some inevitable links. So for a particularly large number of people, there will always be doubts, except that the areas of use covered by his application are indeed sufficient to support the circulation of this huge amount of tokens. However, in the future market behavior, the psychological factors of participants make a great deal of sense. Therefore, this effect can not but be considered. Because this total amount has a direct relationship with the total market capitalization, we can also get some reasonable analysis of the growth space through the estimation of the ratio of liquidity to total market capitalization.
When it comes to the issue of liquidity, it involves the second data that needs attention, which is the share ratio. There are several indicators in this data, which is the ratio between the total holdings of the project team and the public offering volume and the large share of the latter mining output, as well as their respective release and release time. These factors Is a major impact on the circulation, where the team holds or the share of too much, then the potential risks for the future with investors outside the team will be greater, the data can also partly reflect the team to do the project starting point What is the case, what we call the money project, the proportion of the team is very alarming.
In general, the team's share of the team should be at least to support the follow-up research and development of the project and the basic operation is more reasonable, beyond the needs of a large proportion of positions, for the purpose of this project team, we want to add a Question mark
Blockchain Project Investments: The key data for tokens is especially important
This data is often directly related to another data, that is, the timing of when the share of the share held by the group is released into circulation, because the premature access to a large number of original shares in circulation, the impact on prices is very obvious, this and The case of the stock market is the same, because no matter what part of the investors, the purpose is to profit, so once in circulation, cash is inevitable behavior, this is a common sense.
There is also a reserved data on the promotion of propaganda share also need our attention, because we all know that no matter how good the project is not enough publicity support is not widely accepted, so the share of this one is also a With this data, we can speculate on the project's future market influence will be like. One point to note on this issue is that this ratio is not the bigger the better, if more than 10%, then we must consider whether he is prepared to flicker, this and some project teams accounted for more than 50% A truth, that is almost to rush money.
For release and release time, it is for the above part of the team positions the lock-up period of the problem, once the lock-up, the part of the token will enter the market circulation, then the closer the time node, the pressure on the late investors The shorter the cycle, the truth is that the above relationship.
Blockchain Project Investments: The key data for tokens is especially important
With regard to the issue of the SSE, this majority is an uncertain expectation because the issue is not the one that the project owner can decide on its own, and the exchange has its own standard of the upper currency audit. Therefore, we generally should not trade the project party It is safer to use the expectation as an evaluation factor. For those who have not yet entered the exchange and have started to trade ahead of time, they should analyze and consider it from another perspective, as we will see later.
Crowdfunding prices have no significant impact on future prices, and crowdfunding prices are not the lowest price for tokens issued, which should be clarified. Because in terms of distribution procedures, the lowest crowdfunding prices can only be ranked third or fourth echelon.