there are 5 billion GAY set up in the non-staking Foundation wallet, which was pre-established to provide the philanthropic funding this project is designed to provide, in a very measured way. As this fund is designed to provide 50 years of humanitarian use, the maximum we will release in any given year will be 100,000,000 GAY. Those remain out of circulation, and will have distinct community input towards their usage.
Currently, there are about 630 million GAY in circulation. Of those, only about
135,000 GAY are available on the market.
When you decide to look into supply as a reason to invest or not, you cannot simply take into account the figures coinmarketcap gives you, and decide "well, that's that." We have been emailing them over and over again across several months to get our listing updated properly, to have our market cap appropriately shown on site, both regarding circulating and total supply. Ive personally gotten three separate messages from them saying the issue was resolved and we would see a proper accounting with 24 hours, and then have to send off another email a few days later when their promised support implementation does not come to pass.
Our block explorer at explorer.gay.money provides all the necessary information for GAY Money to be treated equitably and have our market cap reflected appropriately.
Currently we are listed with the rank of 974th on the list.
With 5,630,598,765 GAY in TOTAL supply, and an exchange rate equal to USD $0.032986, GAY Money has a total market cap valued at USD $185,730,930.86. Related to that statistic, GAY Money owns the
39th rank, just ahead of Decred and Bitshares.
In terms of CIRCULATING supply, we disregard the non-staking Foundation wallets balance and find a market cap equal to USD $20,800,930.86. That ranks GAY Money at
#121.
IN terms of the market, and the "early-adopter" advantage to where the market price sits presently, if one examines the GAY/BTC market, on the sell wall, 1BTC invested towards GAY (against the approx. 135000 available on the market) would increase the value to .00005451 BTC, about USD $0.20.... a 600% rise in value... presenting a TOTAL supply value reaching USD $1,134,565,651.15... good for 14th overall, ahead of Ethereum Classic.... or a CIRCULATING value of USD$127,065,651.15...42nd overall and just behind the DigixDAO.
2BTC invested and the rate jumps to 0.0001 BTC (USD $0.37) and a total value of $2,083,321,543.05 (10th place just behind DASH) or a circulating value of $233,321,543.05 (23rd, displacing Bytecoin).
Thats with
ONLY 2BTC invested towards that market.
With our push towards retail integrations, both online and "bricks-and-mortar", that currently available 135,000 GAY isnt going to last long. Like any project, you have to look at the big picture and the long term. Unfortunately, in the cryptocurrency economic world, most people are looking at how to make their profits overnight, and have zero appreciation for the work that goes on behind the scenes. Most investors are too lazy to look deep into any project, and then complain when they lose money.
There are several things that a cryptocurrency NEEDS to survive, to be RELEVANT. and its not the promise of instant huge profits. they are there to be made, if you are smart about it, but we would rather concentrate on building our retail structure. Our gaymoney.market site is presently in the works. We will be employing a directory with full pages for our participatory LGBT-owned and -friendly businesses, replete with a built in market for them to list goods directly on the market and choose static or dynamic pricing. We have a visible market to which we are positioning our services, and working towards a viable LGBT eCommerce hub.
You can choose to ignore the opportunity the GAY Money value presents right now, or dismiss the project because "its a niche market" or because of a preconception about the community we are marketing to in one form or another, but thats simply lazy investing. GAY Money will get noticed, and sooner than later, considering the projects we are working on. It wont matter how hard coinmarketcap works to keep our actual value hidden by being obtuse and uncooperative.
You are either one of the smart early-adopters, or one of the ones that tries to grab on when the value is rising. Im not claiming we're "GOING TO THE MOON!" with our value, but we have the infrastructure in place to build a very successful project. We arent asking you to invest in an ICO, we're just going to build our services, create a strong and viable currency, and let our work speak for itself to investors. I can see GAY Money reaching par with the USD very easily, and holding that without a problem.
