Long term valuation for ethereum and antshares
I'm trying to value the long term position of ethereum and ant shares. It is next to impossible to do it bottom up.
What do people think about the following approach - if you can improve on it then any comments gratefully received. Lets see if we can get to a better set of assumptions between us?
1. Ethereum will be one of the key operating systems of future applications (as Microsoft is on the internet). Antshares will be the same in China.
2. Microsoft's market cap is $560bn
3. So ethereum will be $560bn discounted by some factor for the fact that private chains will be used for some business applications. At a guess this puts the long term valuation at something like $180bn-280bn.
4. Antshares is to ethereum what Alibaba is to Amazon. Alibaba is 60% of Amazon's marketcap
5. So Antshares could reach a market cap of $108bn to $168bn
If anyone has some thoughts on how to improve this (or better still has seen a really detailed methodology for valuaing either) please contribute it below for the benefit of all of us. MANY THANKS
Good luck valuing cryptos. I own a fair amount of Antshares and Ethereum and hope they continue their winning ways. So far so good. Antshares just may be China's copy of Ethereum. They tend to copy anything else (Facebook, PayPal, Amazon, Priceline, Google). Upvoted.
It is a great post. Thank you for sharing with us. Keep posting.
Thanks
Thanks
I believe that something better will come along than Ethereum. Time will show. :)