ICO Token Market Cap – What Does it Mean?

in #ico7 years ago

As I have been tracking EOS and their ongoing Initial Coin Offering, I see on their tracking page http://eosscan.io/ that they post their ICO Token Market Cap at any given time. Here is a picture of today’s number.

Capture.PNG

The question I have to ask is what does market cap mean when it comes to the blockchain based companies and does it truly represent what market-cap does in general?

Here are my thoughts:

https://urbancrypto.com/ico-token-market-cap-what-does-it-mean/

What do you think?

Coin Marketplace

STEEM 0.16
TRX 0.16
JST 0.031
BTC 59117.01
ETH 2525.11
USDT 1.00
SBD 2.48