PayPal Market Cap = $127,000,000,000 usd
Nash Market Cap = $25,610,650 usd
(127bil / 25.6 mil = 4958.87) * 1000nex = $4,958,870 usd
If nash achieves a market cap of $6,350,000,000 (5% of PayPal), then 5000 nex tokens would be worth $1,239,717 usd.
Keep in mind that many projects reached 5, 10, and even 20 billion valuations during the 2017 bull run. Don’t compare nash to binance or any crypto exchange, if you’re going to compare it to anything then it should be PayPal. We’re trying to provide people with a safer, cheaper and more efficient alternative to things like PayPal and centralized banking.
Paypal: (with ~300mil users)
- Requires the user to have a bank or CC
- charges ridiculous fees for each transaction, increasing with transaction size.
- A zero-fee off-ramp to your bank account.
- Targets both the banked and unbanked
- Charges nothing per transaction
- Has banking partner’s who charge independent fees for the off-ramp to your bank account.
Yes, the project begins with the rollout of the exchange and trading tools, but not in a bid to dominate every other exchange in the crypto space; it’s because the exchange portion is the foundation and the most logical starting point (the security derives all value from it, and crypto users are the best initial target audience). Displacing binance and pumping token price is not our agenda, and does nothing to help us succeed. Don’t lose sight of the primary goal, and don’t get hung up on token price. Focus more on driving user adoption, which is always a slow gradual process in the beginning.
Our goal as the community should be to educate the unacquainted and encourage them to look deeper into this project. Hopefully some decide to throw a few hundred bucks into nex and stake it for 2 years, and hopefully our help will have made a profound impact on their lives; helping them to buy a home, pay off debts or care for sick loved ones in the future, all while driving user adoption. We’re not trying to sucker people in to dump bags on them, that’s foolishly shortsighted and unnecessary.
Even if nash falls woefully short of their target of 1-billion users (5% of PayPal’s user base = 15 million), you’re still in a good position to potentially end up with a substantial return on your investment (at $0.90, if 1000 nex can reach $200,000 usd, that’s a ~22,000% return. And even if it falls well short of that - say a 4,400% return - that’s still up to $200,000 usd if you hold 5000 nex). A $40 nex might seem unachievably high to some (a 1.13bil market cap), but it’s very much possible.
Exchange volume and getting merchants to adopt NashPay is a hurdle, but even if NashPay decided to start charging 0.3% fees on transactions or purchases and added this to token-holder dividends (we don’t know what they’re planning, and they’ll adapt wherever necessary), that’d make PayPa’s 2-4% fee look laughable while making NEX more desirable and driving up the market cap.
If your only ambition is to dump bags and make bank, that’s fine. My ambition is to have a vastly superior alternative to PayPal which can also serve as a bank account to make my life easier, with the added bonus of it generating passive revenue. The selling of tokens only becomes a factor for me if the passive revenue from staking is absurdly high, but even then, allocating staked tokens towards charitable or entrepreneurial pursuits may pose a much better alternative to dumping tokens.
Let the team do their thing, and don’t even worry about the token price. Get as much nex as you’re comfortable holding, stake it, and then - if the company should succeed in their vision - you’re all set. It could take 6+ years. But you’re set. Just collect dividends in the meantime, and try to help others who are willing to listen so they also have a chance to benefit from the potential success of nash.
The longer you can delay your gratification, the better off you’ll be. Though the dividends are there to provide some instant gratification relief