Wednesday, August 10, 2022

Utility, Market Capitalization And Price

 UTILITY, MARKET CAPITALIZATION AND PRICE

Hello pioneers, let's talk about the Pi network currency's consensus price of $314,159.

I feel like most people have always misunderstood the reason for $314,159.  It makes them think that they will become rich overnight.  It makes the other Experts think that we are a bunch of Jokers trying to say impossible things.

But in fact, Pi can't launch with $314,159 as * Market Cap. * This is impossible, but it can instead launch at * more than $314,159 as Commodity Cap * or better known as * "Utility Cap". *

However, this award is only intended to make people aware that * if utilities have enough products and services * to support the value of Pi by accepting Pi in exchange for these services, * we can reach this $314,159 * when the Open MainNet is launched.

The formula for determining the value of a coin is Total Market Cap/(÷)Total Circulation.  This is how the price of parts is determined.

However, there is another element introduced by Pi Network, which is the *utility factor* which will significantly change the formula.

Pi will not only have a *Market Cap*but also a *Utility Cap* (also known as a Commodity Cap).

 * *Market Cap (MC)* is the total value of an asset calculated as a cash value.

 * *Utility (UC) or Commodity Cap (CC)* is the total value of an asset calculated in commodity value.

 * MC is backed by Cash Liquidity.

 * UC is supported by Commodity available for Utility/Liquidity.

For example, if someone has $10,000 to buy Pi, that amount will be added to Pi's MC since MC is about Cash Worth.  But if someone is willing to sell their products worth $10,000 in exchange for Pi, this amount will be added to the utility ceiling (UC) of Pi since UC concerns only the value of the goods.

So what I want you to understand is that we are all pushing harder for people to list their products and services available in exchange for Pi.  This will make up the utility cap.  And also, it will quickly increase the value of Pi's utility ceiling.  Thus, increasing both the value and the price of Pi.  In a very short time, $314,159 will be realized.

As usual, you know that when the price of a coin increases, the price of that coin will also increase.  The same with UC; the more people list their goods and services for Pi, the more the value and price of Pi will increase.

It is very easy and straightforward to understand.  This is the economics or cryptonym of Pi.

Pi Network has gone far behind a mining network for the management and stability of the economic and financial system.  That's why you see businessmen and government officials on Pi Network.

For example, again.  If a company, say, a car or real estate company, is worth a total asset of $1 billion.  If this company accepts Pi and the pioneers start buying from it, it is equivalent to saying that the company's owner buys Pi with $1 billion.  If he sells a car to a pioneer worth $10,000 and accepts Pi as payment for the car, that's like saying that the car owner just bought a Pi for $10,000.  And you know what happens when someone buys crypto with such a sum!

 "To The Moon"๐Ÿš€๐Ÿ”ฅ.  I'm sure you know what I mean by that.  You know we're going to have a lot of companies accepting Pi.

Suppose we have more than 1000 companies with assets worth millions and billions of dollars. What do you think will happen?  This will vigorously pump the ceiling utility and the ceiling of the market.

So if you want to check if $314,159 is possible, do a rough calculation by dividing such a utility ceiling by the total supply of Pi, then you will be amazed that 1ฯ€ can be worth or even more than $314,159.

In conclusion, we are trying to clarify to the community that your products and services are ready to be exchanged for Pi. It will significantly contribute to the value and price of Pi, even more than what we are campaigning for.

-Repost - PNNW

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