I came across an interesting thread on reddit HERE where the author breaks down a potential yield estimation for EOS and and the airdrop model. If his, in his words, "low" estimates are correct, this would lead to much higher EOS token prices in the future.
In doing my own due diligence, all of the models in EOS are pointing to a higher price due to market forces. Such as 1. airdrops 2. the token leasing model (similar to Steemit) and 3. DAPP resource allocation where your tokens need to be locked up taking supply out of circulation.
As for airdrops, the author, u/Hornkild points out the following:
"First according to coinmarketcap there are 789 issued tokens and 86% of them (679) were issued on the Ethereum blockchain.
Secondly, 653 of the 789 tokens have a market capitalization average of $77.6M or $58.9M w/o EOS itself. Here I removed the remaining 136 tokens that currently don't have a known Circulating Supply by CMC.
Then, let's imagine that EOS hosts 30% of all future crypto projects and that 70% of these project airdrop tokens to EOS holders. To me this is a very low estimate, but still we can reasonably expect 789 * .3 * .7 = 165 airdrops to be distributed on EOS over the next 12 to 15 months - the period over which the tokens were issued.
Now suppose that these projects have an average value of $58M (reference above), what would be the price of a single airdroped token ? with 1 billion EOS tokens of circulating and with 1-to-1 basis token distribution then the average value of a token would be $0.058.
So basically a portfolio of 1000 EOS today (eq. $13,570) could yield to its owner over the next 12 to 15 months 1000 * 165 * $0.058 = $9,570 which is a massive +70% ! and this is without taking into account the appreciation of the price of the EOS token."
Seems like a reasonable estimate to me...but everyone is just guessing as to where this will all go and time will tell.
Once we get past all of the FUD surrounding the launch, which will likely take more time than was originally estimated, the future will become obvious....slow expensive wasteful mining. Or the opposite - where Block Producers are rewarded for not only building blocks, but adding value to the chain.
I am Lord @matthewwarn and I have Stackitis...but there are worse problems to have in life...like selling early into small "news".
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