Euler Tools potential projects

 

Tokenomics are destiny

• First we need to consider that EULER is a utility token. Its main use is to buy access to the premium features of Euler.Tools.
• What this means is that it’s value is intrinsically related to the tool itself. Which right now is in development, so it doesn’t even allow to pay.
  This means that the token is right now at its minimum value: Now it cannot be used for anything yet.
• As the tool releases its MVP version, EULER will dramatically increase in price because a significant part of the tokens in circulation will be directed to pay for the service. Less tokens in circulation obviously means a higher unitary price.
• By the end of April 2021, there will be about ~60M Euler that are not directly owned by Euler.Tools.

Assuming a price of $0.15 USD per EULER, a mere 100 users of the PRO tier ($449.99) would remove around 300k EULER from the market per month.

This extraction would even be increased significatively by a “buy X months in advance at a discount” offer — which is something we’re planning to do, but I cannot reveal the specifics just yet.

An additional factor that will decrease the amount in circulation are those traders aiming to hold more than 4k and 40k EULER, which grants additional benefits.
This effect would even be more noticeable if holding a significant amount of tokens would grant a % of the total EULERS paid to euler.tools (again, another feature whose details we plan to announce soon).

The specific date of the MVP version has not yet been announced, but the dev team and Jorge LS (euler.tools’ CEO) have been adamant on the fact that we’re talking in weeks, not months.

So, to summarize, as a utility token, the EULER will increase its value when it can be used to pay for the premium features of the tool. And, in doing so, the payments will extract a significant amount of the token in circulation, raising the price of the remaining EULERs.

• The second point to take in account is that the euler token is heavily deflationary by design: Every transaction of Euler burns 1% of the amount.
• So the more trading there is, the less tokens in existence will be.
• Therefore, the recent fluctuations in EULER price (primarily caused by big EULER investors selling lots of them to buy BNB, aiming to buy more EULERS later), are actually contributing to raise the value of EULER and its capacity to increase in the long term.
• It’s estimated that during the first 7 days of EULER in PancakeSwap, more than 2 million EULER (3.3% of all EULERs not owned by euler.tools) have been burned.

Tokenomics are destiny. And when it comes to EULER, it is expectable a big increment on its value due to the combination of:

• A predictable big increment on the value of the product as it reaches maturity.
• A big decrease of the circulating EULERs due to premium tier payments.
• An organic tendency of the token to become more scarce (because transactions burn tokens).

This analysis is not even taking in account the fact that euler.tools is in conversations with several exchanges and blockchain services to sell their proprietary APIs:
The irruption of several companies aiming to gather enough EULERs to pay for contracts ranging from five to six figures in USD would generate massive (albeit unpredictable at this moment) explosions in the EULER price.

WebSite: https://euler.tools/

Twitter: https://twitter.com/eulertools

GitHub: https://github.com/eulertools

Telegram: https://t.me/eulertools

Medium: https://medium.com/@euler.tools

Author

Forum Username:Heulwenk1
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2757952
Telegram Username: @cattasii
Wallet Address:  0xD93b0Dc3E9782cC90717Dd111B63be5799018Fa1