Here’s an updated valuation for Peerplays. I based my first valuation on very conservative forecasts for future revenues in the online betting industry. Other studies have indicated that the industry revenues are approaching one trillion-dollars by 2021. Additionally, some of Peerplays revenues are used to cover operating costs which I’ve included in my new valuation. I’ve also increased the discount and terminal growth rates for better accuracy.
Discounted Cash Flows Model
- Discount Rate: 15%
- Terminal Growth Rate: 5%
- Net Profit: 85% of total revenue
- Token Payout: 5% of Net Profit
Previous Valuation:
https://steemit.com/peerplays/@r-craig/peerplays-ppy-analysis-and-valuationAs you can see from the updated industry forecasts this model indicates that Peerplays' intrinsic value is $116.76 per token.
If you have any questions or suggestions please let me know,
Thanks!