We are going to blow you guys away!!!
My goal is to keep XDE as original as possible and at the same time enhance it. Think of it this way. Taking a one of a kind car from the 50's and 60's and completely restoring it and making it BETTER than new. Thats a good way to look at it.
My partner and I Woody are both financial experts and we spent a lot of time on the phone today discussing how to get everything balanced and tweaked all the numbers.
Here is what we came up with, and I will explain why after I present the numbers.
Ok after working full time in crypto for 1.5 years and traded just about every crypto ever. Ive learned more than I ever wanted to. So, Im going to be realistic and not bullshit you.
Few facts I know about crypto. It seems the magic number that people are willing to pay for a coin is $2.50. Why? I have no idea. Even the best coins that get to that amount, dont stay there.
So knowing that Ive used that as a realistic number. My GOAL is $5 stable. It could happen, and I hope it does, but I must be realistic.
The other thing I know is the best coins last about 2 years, MAYBE 2 1/2 years, and then they begin to degrade. People get board. So I must 2 years as my basis.
Will be 1000 coins. The swap ratio is 7:1 . So you would get 7 x the coins you submit for the swap. The unclaimed remainder will be divided evenly among the team members. All team members start with Platinum wallets (Explained later).
My partner woody and I have looked at a lot of different scenarios and this is what we came up with for many reasons.
Regarding the special wallets here is what works best:
Platinum wallets 7 total 300% APR (5 will be owned by team members): Me (Financial analyst and OP), Woody (Financial analyst),Metamorphin(PR & support), Keesdewit (Lead dev) ,Alberto (dev). Cost to buy 6 btc
The second level would be called XDE gold and there would be a grand total of 5 These wallets stake at the rate of 250% per year, and would cost 3 btc to buy
The third level would be called XDE silver and there would be a grand total of 10. These wallets stake at the rate of 225% per year, and would cost 1.5 btc to buy
The last level is called xde standard and would be free and would stake at the rate of 200% per year.
Now to many of you, these interest rates seem insanely high, and the reality is they are not. Here is an example:
This is the entire money supply that users will probably start with using a 7:1 ratio. Current money supply is 105 X 7 is 735.
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.bitcoinlasvegas.net%2Ffiles%2Finterest-starting-at-735.jpg&t=665&c=RkwR_Rtjk7xj_w)
After 2 years NOT including special wallets the money supply will have 39,000 in it.
Now lets say a user has 5 coins at the time of the swap and has a standard wallet @200%. They would actually start with 35 coins as its a 7:1 ratio.
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.bitcoinlasvegas.net%2Ffiles%2Finterest-starting-at-35.jpg&t=665&c=k1EhQDSALvNMQQ)
After 2 years they would have 1890 coins. Looking at a realistic price per coin @ $2.50 this users wallet would be worth $4725.
Now lets say that same user that has 5 coins swapped for 35 coins (7:1 ratio), but now buys a gold wallet on day 1. Now lets see what it looks like:
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.bitcoinlasvegas.net%2Ffiles%2Finterest-starting-at-35-with-gold-wallet.jpg&t=665&c=4XcMYmhJsIrsoA)
After 2 years 5106 coins , assuming $2.50 a coin = $12,765 after 2 years. $8,000 additional profit before including the cost of gold wallet.
So Ill give you guys more data as we go along. But I VERY much like what we have come up with.
Until then.. another teaser...
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.bitcoinlasvegas.net%2Ffiles%2Fxde-tile.jpg&t=665&c=BzJyzX2ygfdfOg)
Vegas