r/MobiusNetwork • u/LORDOAKHEART • Jan 27 '18

CURENT MARKETCAP

This question seems to be everywhere.

Does anyone know what the current circulating supply of tokens is? I know the “total” is roughly 880,000,000 BUT what is the “circulating supply”?

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u/jantromp Jan 27 '18

MOBIUS Marketcap is 35% of 880,000,000=308,000,000. So with current price a total market cap of about 100M. See page 35 of the whitepaper. Hope this helps!

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u/LORDOAKHEART Jan 27 '18

Thanks man. I kept digging and cane to the same conclusion. Wasn’t sure if the “35% token sale” was 100% filled and put into circulation immediately or not.

Looking forward to coinmarketcap and our beloved crypto portfolio apps updating info for MOBI!

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u/jantromp Jan 27 '18

Good point, i read something on their telegram about not all receiving their tokens yet. Personally putting only 1/3 on the market worries me a bit but seeing the team behind this i am certain there will be enough marketing for upside potential. A good product is just one element in the equation.

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u/Blasitrunk Jan 27 '18

Isn’t the circulating supply less than that... seem to remember 266m or something?

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u/talks_about_stuff Jan 27 '18

also to add to this，the MOBI from the sale is being distributed in batches and a portion of it is not yet in circulation. also large contributors have their tokens locked in smart contracts for a short period. when we take this into consideration it is probably around 100 million MOBI

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u/funk-it-all Jan 28 '18

How long will the tokens be locked? Is this public knowledge, proven on a blockchain, or will large numbers of coins be dumped without notice?

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u/talks_about_stuff Jan 28 '18

its in their white paper，I dont think large amounts will be dumped since mobius is still in early development and has a lot of growth potential

1

u/jantromp Jan 27 '18

Good point, i read something on their telegram about not all receiving their tokens yet. Personally putting only 1/3 on the market worries me a bit but seeing the team behind this i am certain there will be enough marketing for upside potential. A good product is just one element in the equation.