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Future is here, if someone earned max amount of Moons every round since karma cap was introduced it would have earned them more than 98% of European countries minimum wages at ATH at staggering $103,793 and more than 80% today at $51,204! BULLISH

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by COINS NEWS 87 Views

Future is here, if someone earned max amount of Moons every round since karma cap was introduced it would have earned them more than 98% of European countries minimum wages at ATH at staggering $103,793 and more than 80% today at $51,204! BULLISH

Moons distribution day is tomorrow so I wanted to show you how many Moons would one earn if they maxxed every round since karma cap was voted in with:

  • CCIP-007 15,000 karma cap on Moon distribution on 2021-04-15

and was later deprecated by:

  • CCIP-029 Dynamic Karma Cap on 2022-04-13

In following table there a total of 30 rounds:

Date Max Cap Ratio Moons earned
20/5/2021 15000 0.238 3570
17/06/2021 15000 0.207 3105
15/07/2021 15000 0.304 4560
12/08/2021 15000 0.268 4020
9/09/2021 15000 0.189 2835
7/10/2021 15000 0.270 4050
4/11/2021 15000 0.288 4320
2/12/2021 15000 0.201 3015
30/12/2021 15000 0.233 3495
27/01/2022 15000 0.277 4155
24/02/2022 15000 0.301 4515
24/03/2022 15000 0.457 6855
21/04/2022 9366 0.59 5525
19/05/2022 6971 0.856 5967
16/06/2022 6994 0.554 3874
14/07/2022 6938 0.554 3843
11/08/2022 7890 0.855 6745
8/09/2022 8397 0.932 7826
6/10/2022 8386 0.857 7186
3/11/2022 9069 0.908 8234
1/12/2022 10639 0.452 4808
29/12/2022 10967 0.679 7446
26/01/2023 11668 0.933 10886
23/02/2023 10975 1.998 21928
23/03/2023 8482 0.744 6310
20/04/2023 8212 0.702 5764
18/05/2023 8382 0.807 6764
15/06/2023 8452 0.943 7970
13/07/2023 7944 1.18 9373
10/08/2023 6492 1.173 7615
7/09/2023 6349 0.934 5929

https://preview.redd.it/yh4o25ezu0sb1.png?479&format=png&auto=webp&s=43995294fea4a8402795e439d291eabf41e8ce5e

Total Moons Earned Moons Total Value Today
192,498 $51204

Total Moons Earned At ATH Moons Total Value at ATH
178,954 $103,793

At Moons current price user who maxxed every round would have earned more than ~80% of European countries minimal wages over past 30 rounds ~ 2 years 3 months time period

https://preview.redd.it/xx6j7j2lo0sb1.png?1213&format=png&auto=webp&s=482ec826ffadf189483fccd1fca2b67c469aa777

At Moons ATH price user who maxxed every round would have earned more than 98% of European countries minimal wages over past 28 rounds ~ 2 years time perioud

Fun facts:

  • Most Moons earned in a round was in round 36 - 21928 Moons worth $12718 at ath
  • In round 13 when karma cap was introduced, number of Moons distributed to users was 1,884,996, that number has dropped to 924,166 since. Moons are getting scarcer and each round that number drops by 2.5%

In around 2030 number of Moons released to users will drop to ~80k, and its safe to say total karma will peek at higher than 8.8m peek from 2021, so lets say 14m, that would make ratio 0.0057!

  • Owning 5.91 Moons is equal to owning 1 BTC in terms of percentage at current supply

1 BTC / 21 000 000 x 100 = 0.00000476%

x/ 124,286,444 x 100 = 0.00000476190476

x = 0.00000476190476/100 * 124,286,444

x= 5.91840209287

or 7.31 Moons if we take into account ~4m BTC that have been lost forever

Moons are getting scarcer and harder to earn each round as Steve Huffman's idea for users to generate wealth on reddit is shaping out to be a success, users making life changing $ already and it's just the beginning!

https://preview.redd.it/cxba1oyfp0sb1.png?675&format=png&auto=webp&s=a52b3cb42337d134ea5ab813b41a28f93773d020

submitted by /u/meeleen223
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