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A comment on Akon wants to run a Senegal city on cryptocurrency. Parent comment
Trading volume $55k Fully Diluted Market Cap $162bn
And have a pilot use going shown here https://youtu.be/sxBw2SQ5dCE?t=13
In the white paper they allocate 15% of coin supply to team and advisors so I guess that's a theoretical $24bn worth of tokens for their trouble, not that they could sell many at those trading volumes.
I agree it sounds pretty sketch.
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Trading volume $55k Fully Diluted Market Cap $162bn
And have a pilot use going shown here https://youtu.be/sxBw2SQ5dCE?t=13
In the white paper they allocate 15% of coin supply to team and advisors so I guess that's a theoretical $24bn worth of tokens for their trouble, not that they could sell many at those trading volumes.
I agree it sounds pretty sketch.