holder of FET since its launch, but now I have a serious question. I read that we can exchange the FET token on a 1:1 basis for the new token. But the market cap is twice as high, how do you think that calculation is fair? Can you explain to me why this is fair and how you calculated that FET holders may exchange it on a 1:1 basis?
We can vote no
^ to the admins and management please respond on this fair question, we got the right on a response on this because it feels like a kick in the balls and letting your investors down and disadvantage them!
Please, like this post and let this message put as main question for the admin and management because allot of people have question about this, let’s like and retag the original post until they answered. Thx 🙏🏻
Any answers from the management already SirMintsAlot
The market cap is higher because you're effectively absorbing three projects into one. This is fair from an economic perspective because instead of a person investing X amount into each project one can now invest X amount in a collective project. As the project unify into a common token so does the "buying pressure" in a sense. These market dynamics aren't something I discuss on this channel it's just an example of why simply looking at the market cap alone without exploring the demand side dynamics isn't enough.
But supply increasing with same price. Is this positive?
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