The tokenomics of $MRHB looks relatively good, as follows and attached (img2):
Maximum Supply: 1B $MRHB Tokens Allocations:
- 20% Treasury
- 30% Seed
- 9% Public Sale
- 3% Strategic VC Round
- 1% IDO Sale
- 20% Team/Advisors
- 10% Platform Rewards
- 7% Strategic Partnerships
At first glance, the team and advisors, along with strategic partnerships take up 27% of total allocations, and does not seem healthy as over 1/4 of tokens are held by the team and partnerships. However, while taking into account the vesting schedule that I managed to estimate and create based on allocations and unlocks (img 1), having 36 months vesting for the team and 60 months vesting for the partnerships prevent a heavy dump post unlock, which would not create sell pressure for the tokens.
With the current price of $0.004764 as per CMC, they would be looking at a FDV of $4.7m. If they are truly targetting the $3+ trillion in Islamic liquidity, I believe post Liquidity Harvester and MIRO being launched, there would be significant upside for the token price assuming they manage to draw in the liquidity.
Lastly, looking at historical token prices, it looks as though there has not been accumulation ongoing, as prices have been falling since launch, and those that have bought the tokens during public sale ($0.04) are now down 99%. Show Less
