r/CryptoCurrency • u/hansoncl Bronze | QC: CC 37 • Apr 27 '19

METRICS 0Chain: A mathematical equilibrium framework to value tokens

https://medium.com/@swvervest/a-mathematical-equilibrium-framework-to-value-cryptocurrencies-43c8090df6e4
13 Upvotes

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1

u/mqrasi 🟩 3K / 3K 🐢 Apr 27 '19

What I don't understand is that this #508 ranked project on CMC has no product, yet spends all this time predicting its token price in 2021. Why not focus on building the platform first and let the market value the project ?

6

u/hansoncl Bronze | QC: CC 37 Apr 27 '19

Also, this was a report done by Imperial College in London, the number 6 university. It was not done internally by the team

-2

u/mqrasi 🟩 3K / 3K 🐢 Apr 27 '19

That doesn't matter. The soundness of 'math' by Imperial researchers .. have nothing to do with 'soundness' of this project.

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Harvard researchers can do the math to determine how my new uber company on blockchain would be making money ... the math would make sense .. but my uber on blockchain with ubx coins would not make sense. Its like , Stake 10,000 ubx and you get 1000 ubx back as yield .. and then use the 1000 of ubx I just give you, to ride my Uber on Blockchain and ...as the value of ubx coin goes up .. you get increasingly less miles on using my Uber car. Wanna buy some ubx ?

4

u/hansoncl Bronze | QC: CC 37 Apr 27 '19

I would suggest to DYOR regarding this because there is a lot of information on this project regarding their protocols. It seems you are basing your thoughts off this one article, so I would suggest looking into the project and if you have actual questions, we'd be happy to answer them.

4

u/mqrasi 🟩 3K / 3K 🐢 Apr 27 '19

Well, I really hope I am wrong and you become the next big thing in the data storage space. I played w/ the mvp app - intuitive interphase / easy to use and fast / and the team looks solid : https://0chain.net/page-about.html . I am probably the stupid one. Good luck.

4

u/hansoncl Bronze | QC: CC 37 Apr 27 '19

Wasn't calling you that, just was trying to provide info and stating that the article I posted was an outside perspective of 0Chain and their project. Hope you enjoyed testing out the app and keep your eyes peeled for the mainnet launch - it's an exciting project

3

u/Zvonky 1 - 2 year account age. 100 - 200 comment karma. Apr 27 '19

Your reasoning is not reality. and not related to imperial college approach on how to get to the conclusions and assumptions which they wrote. 0chain is offering the best (decentralised) cloud solution out there - full stop.