Round 1 funding: Roughly $5 million ($340 ETH price November 16th, or $0.05 USD per coin)
Round 2 funding: Roughly $39 million ($1200 ETH price (about $80 lower than current market price, 6x increase, $0.30 per coin))
Round 3 funding: Roughly $39 million (We will assume a 18% decrease in ETH from round 2 funding - $1000 ETH price ($280 lower than current market))

Total funding assuming funding rounds sell out: $83 million

For reference, FunFair did $25 million in funding ($611 million current market cap)

Lets assume funding rounds 2 and 3 sell out at a coin value of .30 USD per, making the market cap $150 million based on total coins.

Can anyone elaborate on the ETH allocations for development and community building? A little over $70 million combined for the two. How is the 6x price increase over the last round of funding justified based on the current and future development plans?

cough cough cash grab....?