RE: Crowdsales Monitor - August 2016

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Crowdsales Monitor - August 2016

in cyberfund •  8 years ago 

Good analysis. Two points. 1. What are your thoughts on LBRY. 2. In regards to Synereo (and LBRY for that matter) I believe their market caps are correct on coinmarket cap. Effectively the unissued tokens are unissued capital and hence market cap should be based on the issued amount. Thereotically the company could issue more tokens for cash up to their max supply.this would increase the cash reserves of the company and hence the market value but until that is done the market Cap should be calculated by issued tokens × price

cyberfund
8 years ago by

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      ·  8 years ago (edited)

    The point is that the amount in case of Synereo is "Issued" and under control of founders without actual plan of putting this amount to the market. Thus market cap of Synereo is about $280 mln

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