The idea is simple and clear , but my question is different . What is the benefit for the investor if he buys your token ? to attract enough investors, you need to interest them . What will be the growth of your token?
Hello usercryptomany,
We enjoy reading your queries as they are really challenging and it makes us more determined in delivering the most accurate information keeping our business model in focus.
Q. What is the benefit for the investor if he buys your token?
A. We would love to say 'the sky is the limit', but let's be realistic. There isn't any product or service that hasn't been invented already. We are not trying to reinvent the wheel here. We analyzed the vaping industry in depth, used its performance data to better understand the market, the consumers, the products, the manufacturers and the pricing/transaction structure. We discovered the weak links in the chain and improvised and integrated the decentralized blockchain element into the mix and created a completely new business model. To make matters more lucrative, there isn't any other vaping industry marketplace out there in the crypto world. Hence, we can confidently say that this is the biggest benefit (incentive) for an investor when there is no competition out there.
Q. What will be the growth of your token?
A. That's what it all boils down to at the end of the day really! If you are a long-term holder or a day trader, the green candles on the chart are a welcome sight. But who can predict if the value of the token price will rise or fall?
We assure you that we can't foresee the future, but we are determined to make sure hard work will bear fruit in the end. There are many elements that control the outcome of an ICO from its initial launch to getting listed on an exchange.
a) Token supply: Token cap, token buyback, token creation by 3rd party/project.
b) Token demand: Services offered - logistics, loyalties, feedbacks, discounts, promotions, referrals etc.
c) Market size: Projecting the growth of a business model is based on current numbers. The core of this estimation is taking a transaction (customer pays token, manufacturer provides service) and scaling it up. Let's process this via an example: A manufacturer showcases their product in the eLYQD marketplace, selling an e-liquid bottle for $10, and the customer has to buy it in "LYQD tokens", which they can exchange on any P@P exchanges. The manufacturer expects to sell at least 500 bottles of that e-liquid flavor per month based on the demographics. To determine the product market size, manufacturer calculates (items sold * price), so (500 *12 * $10) = a market size of $60,000 yearly for the first year on one product/flavor.
Coming back to the topic of 'Will the LYQD token rise in value after it's ICO?'
Investing always has associated risks attached to it, and it will never be risk-free. Our ICO is a less risky project that has a disclosed market size bottom-up, with a product that is an in-demand commodity and favorable for crypto adoption.
We, at eLYQD can be as strong as you can make us become.
Regards,
eLYQD team
