Tierion is one of those cool projects that is based in the US; thus, American blokes like me didn't have to hope and pray that we could get into the ICO.
I did a while back and the project is now 2-for-2 in my book:
- Seamless ICO (and one that sold out rather quickly)
- Beat development timeline - "under promise, over deliver" - by a week, having said that they'd have tokens distributed by Sept. 1.
It appears that, once trading starts and then the markets get past the few days of selling that normally happens (e.g., dumping coins to take profits and get out), pricing could work into a 2-3x multiple.
Here's why:
On Cryptocoinsnews.com, a website that is (IMHO) pretty cool from the "hey, here's our real world experience" standpoint, author P.H. Madore did gauge trading on HitBTC.
He writes about it here: https://www.cryptocoinsnews.com/tokens-released-tierion-tnt-iou-trading-is-open/ and if you study the numbers, you'll see that the ETH price (60,900 Sats) would equate to a USD price of around 21 cents. The coin's ICO was priced at 7.1 cents per.
Me? HODLing
I plan on watching this one unfold. I think it's a similar project to CIVIC and I like how there's a real-world application for it. Plus, I'm still looking for a return that will rival what I had with my ETH buy from earlier this year. (Bought at $10.90.)
Any other folks get in on this one?