![]() ![]() However, there's lots wrong with that analysis. Over the 32 ISO epochs, average the price of ADA and maybe that's a rough fair market value. Do the ratio and you can figure out what someone is actually willing to pay for a single MELD given a particular epoch. Something like.ĥ.5% apy assumed staking rewards/73 epocs =. One way to think about possible initial price is to think about how much delegators are "paying" for Meld in opportunity cost where they could have earned ADA. How can MELD keep something similar from happening with respect to their initial launch price? and that doesn't leave me with lots of motivation to keep participating. It felt as if the demand was misjudged by the project when they priced the first sale. As an early investor - that felt sort of lame. The initial, public launch immediately dropped to 0.1/coin. I recently purchase ADAX at 0.3/coin before public launch on exchange. So I'll take the conversation back to the community and provide some of my own thoughts. So I want to respect the abundance of caution being taken. ![]() I'm getting the impression the MELD team's hands are VERY tied with respect to this conversation. We'll announce when we have anything informative in this or any front. Maybe with time we can also open surveys, publish community stats, etc, for everyone to have more data to work on their price prediction. One can also talk to the community to see how many people are interested in such utility, hence have a rough idea of future demand.Īgain, we have to be very careful when talking about prices. What we can also say is that MELD holders can stake MELD at launch, to join governance processes and receive a share of real-time protocol fees. We have a massive backlog to keep raising the bar. And that we're committed to push MELD forward for the many years to come. What we can say is that the MELD token's demand should grow naturally with the protocol. Also in DeFi, it is usually just the market that determines the price of an asset in itself, with arbitragers balance the price between them. The community, on the other hand, can work together to predict future prices just fine. This is just us protecting ourselves and investors (ISPO participants included), so please bear with us. There have been numerous lawsuits and fines with respect to this that one can search online. If the MELD team could eventually comment or provide a resource about how the decision will be made (or the basic logic behind considerations), without disclosing too much with respect to the actual price, I think the community would benefit and MELD could get ahead of a repetitive inquiry.įirst, we are not allowed to assign a monetary value to the MELD ISPO reward, promise moon, predict future prices or provide financial advise due to legal reasons. But maybe not - this isn't an IPO after all? Maybe it's a relatively arbitrary decision which the market then quickly corrects? I'm sure private sale prices, desired launch market cap, and value raised all play a role. I, for one, am not even sure what specific data points are even considered when deciding launch prices. ![]() However, I would encourage the team to at least provide a resource about how initial pricing decisions are often made. So, I don't want to endanger the project by asking for too many specifics. I understand the MELD team is not allowed to discuss specifics of launch price due to legal constraints. Token pricing questions seem to be getting more common - and I imagine they will grow even more frequent as the community grows. ![]()
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