Background:
From Bitcoin block 473623 to Bitcoin block 475622 the Tezos fundraiser collected 65,688 BTC and 361,122 ETH.
Given the current numbers, a total of 607,489,040.89 will be created in the genesis block for fundraiser participants, a further 3,156,502.85 will be created for early backers and contractors, and 76,330,692.97 each will be created for the Tezos Foundation and DLS. The allocations to the Tezos Foundation and DLS will vest monthly over 4 years. This implies a total initial supply of 763,306,929.69 tokens with 20% locked in vesting contracts.
Initial Total Supply: ~ 763,348,929 (About 763 Million )
Initial Circulating Supply: ~ 610,679,143 (About Six Hundred and Ten Million)
Monthly Inflation from divesting: ~ 3,180,620* (About Three Million / Month Over Four Years)
ICO Valuation : ~ $ 232,000,000 ( Two Hundred & Thirty Two Million Dollars )
Compared to EOS:
Initial Total Supply: 1,000,000,000 ( One Billion )
Initial Circulating Supply: 200,000,000 ( Two Hundred Million )
Monthly Inflation from auctions: ~ 60,000,000 ( About Sixty Million/month over one year )
ICO Valuation* : ~ $ 1,500,000,000 (One & Half Billion Dollars)
*Final ICO Valuation to be determined after one year.
What to expect:
It's obvious by now there are a few projects aiming to compete with Ethereum for the smart contract market.
It's also obvious from the money being invested into these platforms that there is a real demand for an ETH replacement, or in the least to make a few choices available for smart contracts developers. The recent exchange between Dan Larimer and Vitalik Buterin seem to indicate some serious concerns in the ETH camp as to the threat these new projects pose.
Earlier this year Ethereum supporters went as far as making claims that ETH constitutes a major threat to Bitcoin, meanwhile new projects on the horizon are destined to shake the foundation of Ethereum itself. Whether these projects succeed in presenting a better alternative to Etheruem or not, they will present investors with more choices and weaken ethereum's liquidity and support.
After carefully reviewing these projects, the three that surfaced as a major threat to Ethereum are Qtum, EOS , and Tezos.
Both Qtum and Tezos are expected to launch their platforms in the fourth quarter of 2017. EOS will launch sometime in 2018.
Qtum and EOS are currently trading on major exchanges as ERC20 tokens, Tezos will start trading after the platform launches in less than two months.
Qtum returns for early investors was as high as 45X the initial investment. EOS did very well also, the early investors had returns of as much as 6x the initial investment.
My expectations for Tezos is to get an initial ROI somewhere in the middle between EOS and QTUM, 20X the initial investment is quite possible.
An article published yesterday by Linda Xie , Product Manager @ Coinbase.
https://medium.com/@linda.xie/a-beginners-guide-to-tezos-c9618240183f
There are also indications from different sources that major exchanges in the US and China will list Tezos on release.
As we all know bigger exchanges mean more liquidity and higher price. Tezos has backup from major investors and hedge funds.
To get involved with the Tezos community use this link:
https://riot.im/app/#/room/#tezos:matrix.org
To read more about the Tezos project:
https://www.tezos.com/static/papers/position_paper.pdf
https://www.tezos.com/static/papers/white_paper.pdf
If you invested in Tezos you can check your token balance here:
Arthur Breitman talking about Tezos @ Token Summit I, back in May 2017:
