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Price of meld token11/1/2023 ![]() I would invest into MELD tokens at $0.014. ![]() Even if the valuation of MELD is less than an estimated $0.014, I’m comfortable supporting their initial launch and possibly giving them a bit of capital to use towards making this a success at or soon after launch. I don’t mind shelling out some ADA by delegating to them during this novel ISPO. Obviously, a better assessment will need to be made once the project goes live. But the advantages proposed for loans directly to fiat seems ideal, as discussed in their white paper. I’ve used other projects for various purposes, such as yield farming or loans. The project has incredibly fascinating potential in the DeFi market and is almost perfectly aligned to what I’m looking forward to in this area. ![]() I think that my thoughts are along these lines: This is a fascinating look at the possible valuation of the MELD tokens. Only visible in the market cap estimate which went from 42.3 -> 42.8 and ADA to MELD which now rounds to 94 instead of 95. (1 ADA * (1 + 5% ROA / 73 epoch per year) ^ 32 ISPO epochs) - 1 ADA = 0.0225 ADA compared to the 0.0219 i was using originally. Compounding is also factored in the google sheet. It could be beneficial to ask yourself if you would be willing to pay that for the token in an ICO.ĮDIT 2: Made a quick calculator to be able to see what you are paying for your future MELD tokens: make a copy and change the top row inputs to fit your ADA staked in the Meld ISPO.ĮDIT 3: Commentator u/blowupdachron pointed out that I didn't factor in that you are also missing out on compound interest on your ADA by delegating to MELD. Something to consider if you want to look at it from an investment perspective. If ADA goes up to let's say $2 you're buying MELD for $0.021. Every epoch you're technically buying the potential MELD tokens for $0.014 at today's ADA prices. This might be helpful if you are considering contributing to the ISPO. Do you think it's going to be sold for more or less than $0.014?ĮDIT: Commentor u/PeterFuckingGast made me realize something. It is going to be interesting to see what the MELD token is going to be sold for in the private sale. $0.014 per meld * 3 billion MELD = $42.8 million market capĪgain realistically Meld is worth nothing until the team proves themselves and the project launches. We can then use that to estimate the potential market cap of the MELD token. Per Meld Laps gitbook we are told that the total supply of MELD will be 4 billion after 10 years with a starting supply of 3 billion the first year. Realistically MELD is worth $0 as it does not yet exist, but thought it would be interesting to see what the Meld team is semi-estimating their token to be worth. The market will ultimately decide what the price is going to be. Meaning the team is estimating 0.022 ADA to be worth 2.08 MELD or 1 ADA being worth 94 MELDĪt today's prices of $1.34 per ADA we can estimate that the current price of 1 MELD could be $0.014 We know 1 ADA delegated gives you 0.065 MELD per epoch in the ISPO Take everything here with a grain of salt as these are rough estimates and we are only looking at a single source of data.ġ ADA * (5% ROA / 73 epoch per year) = 0.0007 ADA rewards per epochĠ.0007 Reward per epoch * 32 ISPO epochs = 0.022 ADA I thought it was interesting to play around with the numbers given to us for the ISPO and try to take a look at what the Meld team could be estimating their token and project being worth. TLDR Using only the information from ISPO we can see that the Meld team could be estimating 1 MELD being worth $0.014 at today's prices and value their project at ~$42.8 million. AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |