# [NIP-14] Seed NSFW+ token price

Authors: 1a35e1, ar-metaverse
Contributors: kgbeader, bithexall

## Context

* ~180MM NSFW+ claimable [1]
* ~50MM NSFW+ has been claimed
* ~19MM NSFW+ has been locked
* Analyse emissions schedule for total supply based on estimated unlocks across all allocations
* Factor intokens that will enter supply based on various DAO activities
* Factor `actual tokens in supply` vs `possible tokens in supply`

## Determing the fully diluted valuation

This is not the choice of an indivual but how we as the DAO see the project and wish to proceed.

### Option A: Match PORNROCKET FDV at snapshot

- Price would be `$0.004326`
- Fully diluted valuation of `$4,326,000`

### Option B: +30% FDV at snapshot

- Price would be `$0.0056238`
- Fully diluted valuation of `$5,623,800`

### Option C: -20% FDV at snapshot

- Price would be `$0.00346`
- Fully diluted valuation of `$3,460,800`

### Option D: +50% FDV at snapshot

- Price would be `$0.006489`
- Fully diluted valuation of `$6,489,000`

### Option E: +100% FDV at snapshot

- Price would be `$0.008652`
- Fully diluted valuation of `$8,652,000`

### Option F: +200% FDV at snapshot

- Price would be `$0.012978`
- Fully diluted valuation of `$12,978,000`

### Examples

Given the above, and the reality of low liquidity please consider the following example.

Assuming:
- 20k of liquidity
- 10MM NSFW+ of sell pressure

> OptionA - Absorbes 4.6MM
> OptionB - Absorbes 3.5MM
> OptionC - Absorbes 5.7MM
> OptionD - Absorbes 3.0MM
> OptionE - Absorbes 2.3MM
> OptionF - Absorbes 1.5MM

## Conclusion

Arriving at this point has been the result of an extremely complicated sequence of decentralised executions.

- Propose new tokenomics
- Vote in new tokenomics
- Create migration stategy
- Implement migration strategy
- Deploy new tokens
- Claims contracts
- Define locking strategy
- Locking strategy
- Define LP strategy

The Authors and Contributors extend their thanks to those who have continuously taken the time to participate to helping us reach this milestone.

### Key terms

Fully diluted valuation (FDV)

- <https://www.coingecko.com/learn/what-is-fully-diluted-valuation-fdv-in-crypto>

### Appendix

* [1] <https://docs.google.com/spreadsheets/d/13KaDi7ldfGZ70cAcy0yDUFXk2FoNWRyd7oABlmctSAA/edit#gid=1098316400>