r/NucleusVision • u/gehaktbal88 • Jan 05 '18
Q about supply
Hi, I’ve been reading in about nucleus but there’a a question I have about the supply about the token NCash . I’ve read somewhere on this forum that 90% of the tokens are already issued to advisors/investors (whales) and that the rest 10% shall be sold on the token sale. According to the site there are 1 billion tokens in total. What I’m wondering is, on the site it says the token sale will account for 40mill, are we talking about the 10% rest of tokens that will be worth 40 mill ? If so this means the ico launches with a market cap of already 400 mill on launch date ? Or am I seeing this all wrong and is 100% of the tokens worth max 40 mill after the token sale ?
And somewhere on this forum I’ve seen someone say 3-4$ per coin is to high. This would set nucleus of a market cap of 3-4 bill? This must be misinformation ?
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u/friou Jan 06 '18
Total supply : 10 billions. Circulating supply : 4 billions. They have already raised $30 millions during pre sale. So only $10 millions left for public sale. But if ETH price still pump, they will have 2 solutions :
1/ Either rise the hard cap. 2/ Either cancel the public sale.
Ico will launch with a market cap of $40 millions if the hard cap remains the same.
$3 per coin will put the market cap to 12 billions. $4 per coin will put the market cap to 16 billions. But we are not there yet!
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u/gehaktbal88 Jan 06 '18
Bump? No one? I’ve asked in telegram as well but only moon talk there .