I stumbled upon this ICO https://www.dcorp.it/crowdsale today and I wonder if I should invest to ETH's.
Their goal is to bring the derivatives market to the ethereum network. If you don't know, the derivatives market is worth 700 TRILLION dollars. If DCORP could capitalize just 1% of that market, all DRP (the tokens) would be worth 7 trillion dollars.
Now how many DRP tokens will there be?
Currently there are over 500k, and more are introduced as the crowdsale is going on. There is a little over a week left (out of 5) of the crowdsale. So a conservative estimate would be a million DRP tokens. But for simplicity's sake, let's say 7 million. That means:
7 trillion / 7 million = 1 million
So 1 DRP will equal $1,000,000 in this scenario. Today you can get 425 of them for just one Ethereum, which costs around $330 today!
These numbers are crazy. Am I missing something in these calculations? Please let me know, if you see something wrong in what I've written.
Good article