๐ผ Borrowable Assets: #VRA
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The decision on $VRA new tokenomics at the end of September will be a game changer.
$VRA fair value, which was suppressed due to tokenomics, will recover immediately.
This is entirely up to the holders who believed in @verasitytech until the end.
Altcoins are starting to move up but $VRA hasnโt moved into 1st gear yet but once it does it will break out hard. The big question is, are you buying now or waiting for over 1 cent?
Big month this month for @verasitytech investors and IYKYK! ๐ง ๐
Good morning to all the $VRA fighters who are still here every day
Your perseverance will be rewarded next year in the bull market
I'm accumulating as much $VRA as possible at these price levels because I'm convinced #Verasity will explode next year
I'm going to the beach and making memories with my parents
I wish you all a great day โค๏ธ
There are some interesting $VRA MC figures given here.
Now if CS is roughly 7.5B, what price could be achieved?
The supply will keep dropping as burns keep happening, so it will eventually get down to this number at some point one way or another...
I did this mostly to give an idea of where the $VRA supply might head based on the trend so far.
Many people trying to calculate a future price based on current supply, but if CS is 7.5B rather than 10.2B, it makes the equation quite different
Just something to think about...
As @mickreade said, assuming CS is 7.5b, I think we could easily see $1
โ ๏ธ There is no need to compete with other coins
โ ๏ธ $VRA have accumulated many years of know-how
โ ๏ธ $VRA have already achieved a stable profitable business
โ ๏ธ $VRA have a strong community
Let's run some numbers through till Q4 2025, potential peak of next bull run
If $VRA tokenomics results in POV tokens moved to another contract & warchest burnt, we are left with 10.2B TS right now.
Minus 2.2B team tokens & CS would be 8B
This is a pretty fair outcome to me
Team tokens unlock 550m per year in Feb, based on a minimum #VRA price which has yet to be reached. Let's assume there's no token unlock in 2024, but the first one comes in 2025
The next assumption is an average burn of 100m $VRA per quarter. I can only guess based on previous burn amounts, and will obviously depend on revenue/profits available, as well as price at the time, but I think 100m per quarter is a reasonable figure based on current info
So, this quarter 100m gets burnt and:
TS ~10.1b
CS ~7.9b
2023 Q4
TS ~10b $VRA
CS ~7.8b
Q1 '24
TS ~9.9b
CS ~7.7b
Q2 '24
TS ~9.8b
CS ~7.6b
Q3 '24
TS ~9.7b
CS ~7.5b
Q4 '24
TS ~9.6b
CS ~7.4b
Q1 '25 (token unlock)
TS ~9.5b
CS ~7.8b
Q2 '25
TS ~9.4b
CS ~7.7b
Q3 '25
TS ~9.3b
CS ~7.6b
Q4 '25
TS ~9.2b
CS ~7.5b
There's obviously a lot of assumptions here, but if the burns remain reasonably consistent over the next couple of years this is a possible path of deflationary supply I think we could see happen.