The following graph and spreadsheet were created and calculated by the community's own Rouse (Solid work man). The information provided is not meant to act as a literal interpretation of what the future of BSoV looks like, but rather what it would look like with a certain level of success.
https://i.imgur.com/VxZuVHS.pngThis graph is a predictive visual which paints a picture of how the supply may look like as BitcoinSoV is mined, and then burned after distribution through on-chain trading and sent transactions. 1% of every BSoV transaction is burned. With 39 halving eras and a 21,000,000 supply at launch, BSoV may become a scarce token with its rarity increasing with every trade. This may in turn increase the tokens demand.
https://i.imgur.com/b6ObKrs.jpgIt's important to note that the data presented in this graph is only one iteration of what BSoV's success or lack thereof may present. In order to show the community and those interested in the coin what the future could look like, we wanted to simply show how the math could work.
What is interesting with this prediction is how the percentage burned decreases nearly linearly as time moves on. With each halving era, less and less tokens are being distributed which in turn may increase its demand.
In addition, demand may increase due to the 1% burn as shown in column 4. The cumulative amount burned will continue to climb, but at a much slower rate than the starting time period. This could provide an incentive to hold the token, which in turn may allow the token to live up to its claim as a store of value. For, what is really a store of value? Simply put, in our opinion it is "when people have a peace of mind when investing". When prices rise steadily over decades like real-estate, gold and Bitcoin, it happens because people trust an asset's success in the future.
This is the future outlook of BSoV, a valuable asset which automatically loses 1% of the transaction when you send it. Will these tokenomics provide the right environment for a store-of-value? Only time will tell.By the end of the halving eras, the predicted low supply further reveals how the coin will sustain itself due to its 8 decimals, along with people willing to hold due to its burn. If there are only 350,000 BSoV left after year 100, then with 8 decimals it means there are still 35,000,000,000,000 units of Mundos left. 1 BSoV is 100,000,000 Mundos, just like Bitcoin has Satoshis.
With mining power at a high level, and not a whole lot of BSoV being created or distributed, buying it is one of the easiest ways to benefit from its long term appeal. This is not an attempt to coerce anyone to purchase our token, since we do not provide financial advice. Also, you do not need to buy this token, as nearly anyone is able to mine it to gain the token reward.
Please keep in mind the above graph and spreadsheet are projections which display a future if the project is able to stay on track and grow as it has. Over 18 weeks have gone by since the contracts launch, and we have witnessed our token holders, community members, and social media following grow at a steady, organic, and sustainable rate.
BitcoinSoV has firmly placed itself as a serious player in the game and shows no signs of slowing down. While a new tokens price volatility, lower liquidity, and price discovery are to be expected, historical analysis of securities and even cryptocurrencies alike show that these are signs of a healthy market, and with over 640 holders as of this writing, it is safe to say the market is heading in the right direction. We are going to be publishing more information and other statistical analysis as time progresses. Thanks to Rouse for taking the time to do this again!
Happy Mining/Trading!
(If any readers would like to add input or correct any information we may have missed, please post in the comments below and we will make sure it is corrected)
