Amber has a $1 million dollar market cap based off a CCEX ICO. Hmmm what a risk
even 2M is pretty low actually at given information ... (from website).
NumbersLet’s talk about numbers: the initial cost of a coin is $0,02. It corresponds to total initial market capitalization for Amber Trade LTD of $2,000,000 which is obviously a very low price. This conclusion can be drawn from calculations made on the basis that the price of 10 tons of amber and at its average price of $2,500 per kilo. In addition to this there are at least 3 more internal reserves to help increase the capitalization of the company:
– growth of areas of amber deposits;
– increase in profits from trade operations;
– entry into the market of processing raw materials into semi-manufactured goods and off-the shelf items.
Each of these internal reserves can be found in short-term or medium-term plans of the company. Thus, AmberCoin has a huge potential for growth. Besides, considering that AmberCoin represents shares in Amber Trade LTD, you will receive dividends on a quarterly basis in USD or EUR which is more convinient.
Let’s note that the initial 2 cents price is offered for only 5,000,000 of coins (5% of the company shares). In the future the number of coins to be sold will depend of current financial needs of the company and the price in which the coins are sold will be close to the market price.
blah blah blah, its a cryptocoin fool
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