/biz/ - Business & Finance

In the new season (starting from Q1), there will be significant less VIDT used for validation. Right now the minimum is set to 19 in the new season this will be like 3, due to the price increase. This unironically means there will be less demand for the token. Make your own conclusions. Be careful Biz, I know the market cap is low and it is a deflating token model, but many moonboys don't realize this and will be sad about less tokens burned and bought back next month.

>>14361742
They fixed the minimum VIDT needed for one single validation. For Q2 this was set to 19, because 19 vidt equaled €1,24 on march 1 . 19 vidt for 1 single validation was a given number. For Q3 this will most likely be 4 Vidt, because only 4 VIDT wil make €1,24. So a divided by almost 5. Nice! That means 5 times lesser buyback and burn from the company IF the amount of validations doesn't increase. See picture. For the V-ID team it is very lucrative to have a high tokenprice (in €) on the first day of the quarter! That way they burn less tokens AND have to buy back less at the end of the month.

Simply adding your token to a exchange for some additional liquidity won't solve the 22% extra circulating supply issue. That will almost certain be a price crusher.