What Would Be The Marketcap of @magicdice for 2019-2020?
I don't want to ask some arbitrary question. So I'll give you some stats to form your own opinion. With 2% edge @magicdice should be raking in about $30,000 USD worth funds for themselves. This could be just a boost from the ongoing airdrop which I wrote an in depth analysis of.
The profits are distributed among the MAGIC Token holders. Here is the token distribution (Supply is 7 Billion Tokens):
It is completely realistic to expect a 7-10 million USD worth profits being distributed yearly. Owning Magic Token would be like owning a masternode without actually running a node. In other words you can think of it as a dividend paying stock. From my experience I can say that most crypto that generate passive income generate 5%-15% passive income annually. So it is realistic to assume that 7-10 million USD worth profits being 5%-15% of the marketcap. This is just me doing some rough fundamental analysis.
You can go to the official website and try out the game with as little as 0.1 STEEM/SBD and try to form an opinion. I've currently got 45341.9 MAGIC Tokens and I haven't even lost $30 worth funds. It all looks like a great deal for me. You are free to make your own opinions.
- Less Than $1 Million
- $1 Million - $2 Million
- $2 Million - $5 Million
- $5 Million - $10 Million
- $10 Million - $20 Million
- $20 Million - $50 Million
- $50 Million - $100 Million
- $100 Million - $200 Million
- $200 Million - $500 Million
- $500 Million - $1 Billion
- More Than $1 Billion
Answer the question at dpoll.xyz.