Market Cap Impact

The Market Cap Impact is the measure of an effect caused by each bounty stakes title on the forecasted Market Cap of a project.

The BountyMarketCap calculates it due to the following formula:

Market Cap Impact = P / F * (T / B).

Where,

P is the current price of a specified bounty stakes title in USD equivalent.

F is the forecasted number of tokens per 1 (one) specified bounty stakes title.

T is the number of tokens that the project allocates to the bounty pool.

B is the Total Bounty Allocation Percentage.

Let's take the Market Cap Impact of the [XXX_CA_Stake_Signature] as an example.

Also, let's imagine that the XXX project has only a signature bounty category for easiness of understanding. So, the only bounty stakes title [XXX_CA_Stake_Signature] is available for trading and affects the forecasted Market Cap of a project.

For this example, let:

(P) be 1.83 USD,

(F) be 7,000,000 XXX tokens

(T) be 7,000,000,000 XXX tokens

(B) be 1.4%

(I) be the Market Cap Impact of the [XXX_CA_Stake_Signature] bounty stakes title of project XXX.

(I) = 1.83/7,000,000*(7,000,000,000/1.4%) = 130,714 USD equivalent. 

Therefore, the derived Market Cap Impact caused by the

[XXX_CA_Stake_Signature] bounty stakes title on the forecasted Market

Cap of the XXX project is 130,714 USD.