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This comment proves the entire point of the post. The Gnosis token is currently trading at more than 3x what it sold for during the pre-sale. It has gained in v
by Taek 10y ago
This comment proves the entire point of the post. The Gnosis token is currently trading at more than 3x what it sold for during the pre-sale. It has gained in value A LOT, and people don't even realize that Gnosis is a success story. The price hasn't been cut at all.
The originally advertised $300M valuation included the dev tokens. The $100M you reference does not. To compare to the dev tokens, check this chart (putting the current full valuation at $960M):
http://coinmarketcap.com/assets/views/market-cap-by-total-supply/ http://coinmarketcap.com/assets/views/market-cap-by-total-su...
- aml183 10y agoI apologize. You are right. I don't think Gnosis is healthy for the market. The incentives of the ICO were very misaligned. However, I still think the team is very strong and the potential is there. The market roots out companies that aren't up to snuff. Once you go below the top 20 crypto assets, the market starts dropping off fast.