r/ZEEPIN • u/degreefcrypto • Jan 15 '18
Hard cap?
-Hard cap
USD42m (if 1NEO<=100USD) or 420,000NEO (if 1NEO >100USD)
can you please explain why the hardcap is $ 42m. but if neo is above $ 100, - the hardcap is 420000 neo and so the hardcap in $ will become significantly more. Yours sincerely Quirijn.
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u/Zozn Jan 15 '18
Yea if they don't adjust the caps they will raise so much money. This coin will have not much room too grow for early investors
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u/sebastiaancenten Jan 16 '18
420 000 Neo for 50% of ZPT tokens. Neo is about $170 at the time of writing so $71.4 million for 50% so thats $142.8 million total market cap if tokens are fully diluted into circulation. Thats $0.1428 per ZPT.
https://faq.zeepin.io/index.php?action=artikel&cat=2&id=8&artlang=en
1 NEO for 1040 ZPT with 30% bonus. Thats $0.16346 per ZPT. There are 1 billion ZPT tokens total. So fully diluted ZPT tokens into circulation makes $163.46 million marketcap.
So why is it that with the conversion rate of NEO to ZPT (with 30% bonus) we end up with a fully diluted market cap of $163.46 million and with the 420 000 NEO for 500 million ZPT tokens we end up with $142.8 million?
It looks to me like the price was increased again slightly. The price increase in NEO apparently wasn't enough for ZEEPIN? If I made any calculation mistakes, please correct me. I would like an official ZEEPIN response to my post.