A math formula from the 90s can help investors make smart bets on the exploding ICO market

Posted On: Feb 16, 2018   |   Posted By: Business Insider

A math formula from the 90s can help investors make smart bets on the exploding ICO market

The initial coin offering market is off to a red-hot start in 2018, according to new data from Autonomous NEXT.
RBC analyst Mitch Steves outlines a way to value the network of ICOs in a note to clients.
Bitcoin may be down nearly 50% from its all-time high set in December, but the market for initial coin offerings is still humming along.
ICOs allow companies to raise funds by issuing their own token. They've allowed companies spanning industries from gaming to finance to raise millions of dollars in a matter of seconds.
Still, compared to more established markets pin-pointing good investment decisions in the ICO space isn't as clear cut, according to RBC analyst Mitch Steves.
"In the stock market, we value companies based on a wide variety of metrics that range from sales valuations, book valuations, earnings valuations and cash flow valuations," he said.
None of these things exist for crypto.
In a note to clients, Steves notes that investors could use so-called Metcalfe's Law to value the network of...

Continue reading ...

 






The last Posts from Business Insider



IGTV Is Instagram's Standalone Video App

IGTV Is Instagram's Standalone Video App

Instagram today announced IGTV, a separate application meant expressly for consuming video content. Instagram insists IGTV is different from its existing app. "First, it's... Read more ...

LS Stylo 4 launched in the US priced $179

LS Stylo 4 launched in the US priced $179

LG has launched the Stylo 4 that had been circling the rumour mill for some in the US today. It is a an entry to midrange level handset with decent specs and owing to that... Read more ...

Mi Pad 4 confirmed to get Snapdragon 660, 8-inches of screen real estate

Mi Pad 4 confirmed to get Snapdragon 660, 8-inches of screen real estate

We're expecting twin launches from Xiaomi on June 25. One of them is the Mi Pad 4 and the other is the Redmi 6 Pro official teasers of which were just outed today revealing all... Read more ...

Nintendo n'est pas contre le retour du format conférence à l'E3

Nintendo n'est pas contre le retour du format conférence à l'E3

Si Nintendo n'a plus fait de conférence à l'E3 depuis 2012, la firme de Kyoto n'exclue pas un retour aux conférences en live dans un lieu prestigieux de Los Angeles d'ici les... Read more ...

Bose puts crowdfunded 'sleepbuds' on sale for $250

Bose puts crowdfunded 'sleepbuds' on sale for $250

Last year, Bose took to Indiegogo to gauge people's interest on an experimental device: a pair of noise-masking wireless earbuds designed to help you sleep. That experiment was... Read more ...

Moto G6 Play and Z3 Play join Prime Exclusive lineup at discounted prices

Moto G6 Play and Z3 Play join Prime Exclusive lineup at discounted prices

Amazon's lineup of Prime Exclusive smartphones is already quite varied and includes a number of Motorola phones, but now the online retailer is adding a couple more... Read more ...

Sony effectively asking Xperia XZ2/XZ1 users facing display issues to just...

Sony effectively asking Xperia XZ2/XZ1 users facing display issues to just deal with problem

There have been a significant number of reports from users of Sony Xperia XZ1 series of smartphones about a display-related issue where horizontal lines and white dots show up... Read more ...

The World Premiere of Stephen King's Hulu Series CASTLE ROCK will Happen at...

The World Premiere of Stephen King's Hulu Series CASTLE ROCK will Happen at Comic-Con

Stephen King and J.J. Abrams ' Hulu series Castle Rock is one of my most anticipated series of the year and now I've learned that the big world premiere is set to take place at... Read more ...

Facebook est capable d'ouvrir vos yeux sur les photos

Facebook est capable d'ouvrir vos yeux sur les photos

Marre des photos réalisées au moment où votre cible clignait des yeux? Facebook présente une solution, à travers un logiciel capable de reconstituer vos yeux et votre regard, à... Read more ...

Microsoft says no to VR gaming on Xbox

Microsoft says no to VR gaming on Xbox

Back in March 2017, Microsoft announced at the Game Developer's Conference that it would bring mixed reality experiences to its Xbox consoles in 2018. It's walking back that... Read more ...