SmashCash

SmashCash

Asour team takes the major steps towards SmashCash IDO, we have received several queries regarding the token price. 

We thought it would be good to address those via this article.
Let’s first understand what is Market Capitalization
An article in CoinBase refers to Market capitalization (or market cap) as the total dollar value of all the shares of a company’s stock — in the case of a cryptocurrency, of all the coins/tokens that have been mined. 

In crypto, market cap is calculated by multiplying the total number of coins that have been mined by the price of a single coin at any given time.

Why should market Cap bother you?
You must be aware of market cap when you have to compare two investments. 

To examine the market cap of an investment, let us take a look at the Uniswap (UNI) which is a popular on DeFi space:

From the above image, we can see that Uniswap has a market cap of $11,390,911,676 (11.3 billion dollars). 

This is calculated by multiplying the circulating supply (which as per this image from Coingecko is 519,857,388) and the price of $21.97. Needless to say, market cap varies on a day to day basis as the price varies.

So, what is the market cap of SmashCash?
From our Tokenomics and Triple Yield Advantage article, the initial circulating supply of SmashCash is 100 Million. 

The initial market cap for SmashCash at the IDO would therefore be 100,000,000 * $0.001 = 100K.

Apart from market cap, there are other factors that you must consider while making investment.
There are other key factors to determine if a project is worth an investment. 

For instance, how better or different is it compared to those currently in the market? You should inquire how the project is generating revenue and how many tokens will be issued and over what duration they will be issued etc.

To answer the above:
How is SmashCash better than those currently in the market?
Our Triple Yield Advantage (Read here: http://SmashCash.io/#home) We pay monthly dividends in a currency that you care about most and so much more
2. How does the project generate revenue
We make a handsome revenue from the fees from our platform for each transaction.. 

The rewards are distributed every 30 days for the membership holders. http://SmashCash.io/#membership
3. How many tokens will be issued and over what period of time?
We have a hard limit of tokens set to 1 Billion. These tokens will be fully issued over a period of ~3 years.
4. Tell us about the team behind SmashCash
We are a team of engineers with more than a decade experience each. 

We have experience working on enterprise level services for retail, finance, healthcare targeted at upper-medium and small business segments. 

 

We know how to make a Privacy platform model succeed.
Our IDO Details:
Details about our IDO have been published here:
https://smashcash.io/#tokenomics
We have a very engaged Telegram community. Join us, follow us, talk to us. 

We’re here for you.
Web : https://SmashCash.io
Telegram: https://t.me/SmashCashio
Telegram Ann: https://t.me/SmashCashioAnn
Twitter: @SmashCashio
Instagram : @SmashCashio
TikTok : @SmashCashio_

 

Bitcointalk Username: Stefani Auryn
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2852186
Telegram Username: https://t.me/StefaniAuryn
Wallet Address: 0x519d48bad1f1490de5fc4a7db723a646284834d5