Kyber KNC already ~4x from ICO on EtherDelta; will it 10-20x to OmiseGo market cap? Vitalik is advisor to Kyber also (and only)
What you think guys? Kyber current market valuation seems to be just $95 million (*1), which looks cheap; perhaps 10x undervalued? (It's already at 4x since ICO on EtherDelta and that's a small IOU trust-based exchange. Read what I wrote on #KNC here:
"We suppose it could hit the market exchanges at > $1 billion (10x) like OmiseGo (OMG) etc. Vitalik Buterin is on the advisory of only those 2, and says he'll not join more.
Kyber, like OmiseGo, is for decentralized cryptocontract based crypto assets and cryptocurrencies DEX on the etheream platform (very relevant now with China banning BTC trading) like Bancor, but they're already talking cross-blockchain, and less confusing reserve currency math.
In 5 hours, they've raised over $51 million from 10,000s of KYC individuals (while trying to avoid whales). They'll have sold just over 50% of the total tokens (120M sold of 226M total) very shortly.
(*1): ICO price of 600 per 1 ETH ($0.42 each Kyber token), and 226,000,000 Kyber tokens in total
Some have said Kyber's marketing material claims only a market cap around $50M, based on 215k ETH. But we calculate based on the total coins that there ever will be, not on how many were sold thus far (215k)"
I have some airdrops for you: https://crypto-airdrops.de