Let's assume we reach 5M users. How much SME do you need to have a stable income of $2,500
Let's assume we reach 5M users. How much SME do you need to have a stable income of $2,500 per month by your upvotes only?
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Interesting question but we need also to consider the price of SME for this calculation
Well that is the question right. What will the value be with 5m users 😉
Ask AweSoMee Facts. He's crunched a whole load of numbers on all this stuff.
Johnnycashmere:
But 5 million people would turn that to a mere 140 sme per person a year O.O
Considering that ARPU might be 30-50$, it would make economical sense for the average person to make 5$ a year 5$/140sme is 3.5 cents per sme
I'd been asking myself a similar question lately. This is the best I could do. Market cap fro SME is currently approximately $400,000. There are 1044 users who have linked their Hive accounts and are participating in the rewards system out of 55k total users we're told SoMee has. That works out to $383 per user that is participating in rewards. If that same ratio held to 5M users, 90,000 users would be participating in rewards, with $383 of market cap per user, that would be an SME market cap of $34.4M for a token price of $.0172 per SME. You;d have to earn 145,000 ish SME tokens per month at that price to make $2500 of income. 69M rewards tokens are released each month. Divide that by your portion of the total circulating supply of staked SME to get your montly portion of that. Not perfect as the variables around curation strategy and post/comment rewards are unknown, but that is the best I could do.
As the daily rewards will be divided by 90 times more users than today and the SME price increased times 90 means you'll get the same rewards in USD as today. Only difference that your stack of SME would be worth 90 x which is hugh 💰💰💰
An unknown is also how much SME new users will have. With 90k users splitting 2.3M daily SME rewards, it will be hard for new users to amass a large stack of SME from rewards alone. The people with millions of SME will get a larger portion of the daily rewards than the new users on average I would guess, unless a new user goes into the market and drops over $17k to buy a million SME at $.0172. We would also have to consider the possibility that the ratio of overall users to users who have connected to Hive will increase if SoMee makes it easier to create a Hive account and get resource credits to start posting/curating on the blockchain. Interesting to think about.