Smaller vs larger denominations in crypto
The large denominations produce a different psychology (the psychology of scarcity). This has a problem though because if for example 1 ETH or 1 BTC is $1000 it does eventually begin to look like it's just for rich people. It begins to look to some in developing countries that it's just too expensive. On the other hand Ripple has smaller denominations and still has quite a high market cap regardless.
In the official documents, it is known that the Agora tokens currently being sold on exchanges are "intermediate tokens". There are going to be roughly 42 million intermediate tokens. When people look at it this way people might think the price of AGRS is high after a certain psychological barrier such as $100. At $100 using the intermediate tokens the market cap would be four billion two hundred million. In crypto this is not that high of a market cap and in tech this is not so high. A tech company can easily reach a market cap of 4 billion and if we remember Snapchat had a market cap far beyond that.
In the case of Tauchain which the goal is to reveal to the world truly novel technological breakthroughs which provide for unique features then we can not predict where the high end for AGRS will be. What we can know is that the price looks vastly different if we look at it via intermediate tokens vs official Agora tokens. 147,000,000,000 tokens can exist according to Ohad.
So we do not sell Zennet coins anymore, and all previous buyers will get Agora, offering no less but much more technological and economical features. The current sale terms are as follows: From now on, we sell 50% of coins for approx $2M: The current price is $100 for 3.5 million (3,500,000) Agora coins, and will go up in 2% every week. Total number of coins is 147,000,000,000.
In this case the true number is 147 billion. These are Ripple like numbers. So a price of between 0.01 and 0.04 USD is per token is reasonable in a good market. The $1 range is if AGRS achieves similar to Bitcoin price success range. This in my opinion would be extremely optimistic. Ultimately no one can predict where the price could move and currently 1 true AGRS is less than a penny.
For people who did take the risk to buy Agora tokens at $100 to get 3.5 million? If it ever does reach $1 level (Ripple or Bitcoin scale success) then you folks are multi-millionaires in the making.
Paper Wallet for Agoras, Billetera de papel para Agoras. By CapitanArt. Posted on Steemit. January 2, 2018.
Dear friends, I want to share my latest work related to Cryptocurrencies. For almost a year, I have been following the project track TAUCHAIN, it is very complex and I do not dare to explain what it is, but I do have one thing, in case the project has success, will create a great social-technological revolution. I recommend you do some research and you will see how ambitious it is.
Queridos amigos, quiero compartir mi ultimo trabajo relacionado con las Criptomonedas. Desde hace casi un año sigo la pista del Proyecto TAUCHAIN, es muy complejo y no me atrevo a explicar de que va, pero si digo una cosa, en el caso de que el proyecto tenga éxito, va a crear una gran revolución tecnológica social. Te recomiendo investigues un poco y veras lo ambicioso que es.
My small contribution has been to create a paper wallet, where you can save the official currency of the project, the AGORAS. This security system consists of a block of code where you can send your coins and other private and non-transferable code. Below you can see an example of a paper wallet for the BITCOIN coin.
Mi pequeña aportación a sido crear una billetera de papel, donde se pueden guardar la moneda oficial del proyecto, las AGORAS. Este sistema de seguridad consta de un bloque de código donde puedes enviar tus monedas y otro código privado e intransferible. A continuación podeis ver un ejemplo de una billetera de papel para la moneda BITCOIN.
I gladly share my work free of charge for the entire community. For anyone who wants to have their AGORAS printed on paper, the only thing to do is download the Mockup TAUpaperwallet.psd and once opened in Photoshop replace the text layers and QR codes images by personal ones. I use my wallet data in Omniwallet
Con mucho gusto comparto mi trabajo gratuitamente para toda la comunidad. Para todo aquel que le apetezca tener sus AGORAS impresas en papel lo único que a de hacer es descargar el Mockup TAUpaperwallet.psd y una vez abierto en Photoshop sustituir las capas de texto y las imágenes códigos QR por los personales. Yo utilizo los datos de mi billetera en Omniwallet
Something peculiar to this paper wallet is that the codes are hidden from view, use a red filter if you want to see your codes.
Algo peculiar de esta billetera de papel es que los códigos están ocultos a simple vista, utiliza un filtro de color rojo si quieres ver tus códigos.
If you do not know how to make your own QR codes download the App from this web QR code Generator.
Si no sabes cómo hacer tus propios códigos QR descarga la App de esta web generador de codigo QR.
I like if you liked the entrance to my blog, Thanks
Dale a me gusta si te a gustado la entrada a mi blog, Gracias!!
Logo by CapitanArt
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Suggested readings to better understand the Tau ecosystem, Tau Meta Language, Tau-Chain and Agoras, and collaborate in the development of the project.
Lecturas sugeridas para entender mejor el ecosistema Tau, Tau Meta Lenguaje, Tau-Chain y Agoras, y colaborar en el desarrollo del proyecto.