Exchange 10,000 Star value with 1VAST, does one-time issuance of 4,000 VAST worth it?
Due to the industry’s decentralization and information disclosure, if you are willing to mine, almost all information is public in the blockchain industry. I have seen many smart and experienced individual investors, better than funds or even so-called institutions. They will go deep into the project, but many institutions may not even call or interact with well-known DeFi contracts. Therefore, smart individuals always exist, and institutions that do not perform well are also very common.
In this era of information explosion, the blockchain industry has more information than other fields. It is important to discover useful information. The blockchain practitioners have less communication with the outside world, and they are far away from the mainstream society. Everyone has an instinctive misunderstanding about blockchain and Bitcoin. These conditions have been gradually improved, but there is still much room for improvement in the future.
Therefore, the entire blockchain industry is still in a wild stage, and it is necessary to review projects. There is a principle in screening projects: a small but good project, the valuation is cheap and the narrative is small, and it can be solved at a small cost; or big project, such as those well-known projects, with good team, background, etc. This is the case for the VAST, with the Spirit Stone team from Silicon Valley as its technical team, while the team members are graduated from Ivy League schools such as Yale and MIT. The core members of the Spirit Stone team have many years of experience in the blockchain, working in key departments of large Internet companies such as Oracle and Google. VAST has been in research and development for several months and has undergone several rounds of internal and public testing. It has been certified by international authoritative third-party organizations, striving to be impeccable.
Moreover, VAST is issued as a sub-coin of SPC computing power reward tokens which have issued two waves of airdrops, and each round of airdrops has distributed 2 million SPC computing power rewards. The airdrop last month is worth millions of dollars. Thus, VAST is a good project overall.
The total issuance of the VAST project is 100,000. According to the official rules, 1VAST requires 10,000 Star value to exchange, then 100,000 VAST need 1 billion Star value. The ecological construction participants have 25 opportunities to obtain the star value (1-billion-star value divided by 25 = 40 million). Similarly, we can calculate that the single-release VAST will be 4000, which is the total number of VAST 100,000 divided by 25 times.