What kind of revenues are we looking in the short, medium, and long-term for CoinMetro?
The team has a business case that has 3 years worth of projected revenue.
It’s conservative on some sides, a bit aggressive on others.
First year we’re looking at €4MM Euro earned, €5MM spent.
Year Two is around €15-20MM revenue, with €12MM in profits.
Year Three is over €50MM Euro with €30-40MM in profit.
Long-term profit margin on crypto exchange is quite low. High single digits.
Certain pieces of the CM ecosystem have profit margins that are significantly larger.
We’re looking at around 30% on average.
From CEO Kevin Murcko's most recent AMA. Catch the next AMA this Friday, 16th of November, 2pm GMT
https://www.facebook.com/CoinMetro/