ROI for ICO. Conclusion not profitable. STAY AWAY JUST LOOK AT THE OLDER POSTS IN THIS TRHEAD
Since ICO is until end of Feb and they have heavy marketing, it's likely to reach the hard cap.
Total Funds Raised = Pre-ico + ICO = 2,500,000,000*0.01 + 1,000,000,000(0.017+0.018+0.019+0.02+0.021+0.022+0.023) + 500,000,000*0.024 = 155,000,000 EUR = 182,674,475 USD (today's rate)
Assuming my calculation is correct, it means right after the ICO, 1 BNK = 182,674,475 USD/(2,500,000,000 BNK + 7,500,000,000 BNK) = 0.01827 USD or 0.02 EUR, so people investing after 0.02 EUR, so from 4,000,000,000+ BNK during the ICO losing money from the start.
Then, now to think about market cap, it is certainly not easy to reach 182,674,475 USD in market cap, since it will land BNK to about 30th in cmc. Although in the long term while it is possible, and even if after Banker immediately reach this valuation, the profit is not great.
When say BNK reach 400,000,000 USD in market cap, basically doubled, 1 BNK = 400,000,000 USD/10,000,000,000 BNK = 0.04 USD
This means even the early investors who bough BNK at 0.017EUR = 0.02USD would only have doubled but those at 0.023EUR = 0.03USD would have 33.3% gain.
If you participate late, not amazing at all. And since there is no clear advantage a crypto-bank can offer over the traditional bank, it's unlikely this will happen anytime soon.
So I guess my point is you most likely will not profit much from this. Look at the previous posts, lots of talks of scam. not worth it
You solely look at nominal capital where you should also look at (i) potential dividend and (ii) speculative value. And yes, BNK is much more a traditional investment proposal than a speculative coin to flip as a ten-bagger within a week. Kind of dull, just like banking 😏
I think the combination between traditional banking and cryptocurrencies could attract a lot of new business that regular banks can't (and, for now, won't) offer. That is where growth of revenue beyond what is regular could be expected.
Those looking for exceptional price rises within 1 week better go back to the eBTC thread.