(Image from relevance.community)
The Offer
(Via Product Hunt – newsletter, indirect link)
Relevance Coin is giving away 20 Relevance Coins per every referred/invited signup.
- Looks like you need to sign-up using a twitter account
- Coins won’t actually be distributed until 1 billion coins have been given away
How much are the coins worth?
$0 – There actually isn’t a crypto coin yet, just a coupon for a coin. It trades on no exchange – so it has no market price.
But how much will the coins be worth?
Probably $0. Most new companies will fail or not achieve a high level of success.
Highly Speculative Statement Relevance is valuing their coins at a buyback value of $31/coin But this is crazy speculative because to buy back their coins in a reasonable time frame they would have to become one of the most profitable companies in the world.
The Verdict
Arguably everything cryptocurrency related could be termed speculative, wildly speculative, or insane 🙂
I sort of look at new coins as a lottery ticket:
- With a very high likelihood, you’ll end up with no value – a losing ticket
- With a small likelihood, the coin may trade on an exchange at a very small value – perhaps like picking one number/ball correctly
- With an extremely small likelihood, they would payout at their stated value – this would probably be equivalent to winning the lottery
This deal is probably so speculative – startup with no revenue, no track record, … that I probably shouldn’t have shared it. I enjoy taking a shot on these deals when the coins are free because the cryptocurrency space is so volatile it feels like almost anything can happen, and I’ve actually hit a winner in the past.
I think it’s fine to include referral links in the comments
[If this coin develops any value – I’ll send it to Will to distribute in some way back to the DoC Community]
Used Don’s Invite here is mine
https://refind.com/SuRa3806?invite=061550a47d
Used Ven and here’s mine
https://refind.com/kumarappan87?invite=32a94d81c3
https://refind.com/venkata-sai-m?invite=bbd170cbc5
Here’s mine.
https://refind.com/marc_ludeke?invite=676dc4d2b3
Here’s mine
Used Marc’s…Here’s mine:
https://refind.com/cramerjkm23?invite=5c0ac8e551
Used Gina’s link!
Here’s mine: https://refind.com/gooseberry1977?invite=c48a89cc6d
Thank you!
I used David G’s link. Here’s mine:
https://refind.com/steve77g?invite=f236fda7a1
I think we should post replies at the top level, not as a reply to someone else’s post, to make it more clear what the last post was and to avoid getting a thousand levels of nesting.
Used Michael’s
Here’s mine: https://refind.com/AngeJiang?invite=ce59b6d0c6
Used Agela’s. Thank you for using mine. Let us keep the Conga going!
https://refind.com/sanfran007?invite=349412a4b6
I used John, Spread the love:
https://refind.com/Steadycash?invite=1f96088dc4
Used Don’s referral. Here’s my link: https://refind.com/sync4goeke?invite=413ada07dd
Thanks!
Used Justin’s – Here’s Mine https://refind.com/mgs2379?invite=5a6596f7cf
use Don’s (OP’s) link. Thanks!
https://refind.com/alad90?invite=80f182c94a