with the increase of 200X

Front Page Forums Development with the increase of 200X

This topic contains 3 replies, has 1 voice, and was last updated by  James 2 months, 3 weeks ago.

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  • #5872 Reply

    jansen marlon rosa

    with the increase of 200X in the estimate of 1 JSE is still 1 dollar?

    #5882 Reply

    Dave

    Hi Jansen,

    I’m afraid not. The 200X inflation of the distribution has been offset by a 200X decrease in the value of each token. Obviously as we are still pre-ICO there is no actual value, but using the pre-ICO funding rate of 1JSE = $1USD this would now mean a rough value of 1JSE = $0.005USD.

    #5961 Reply

    Mohsen

    Hey Dave,

    I searched the forum, I couldn’t find a topic about 200X inflation. Can you explain why the currency inflated this much?

    #5968 Reply

    James

    Hi Mohsen,

    There’s some info here on the original proposal: https://jsecoin.com/token-economics-proposal/

    And another post on the update: https://jsecoin.com/jse-token-changes-and-network-maintenance/

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