The Massive Value Prop of SUMOkoin: a Corporate Lawyer’s Analysis | Crypto Cannibal

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MERRY CHRISTMAS TEAM! (SKIP TO END FOR TLDR  [Note: this post was originally drafted on Christmas Day and subsequently edited] [Disclaimer: I am posting this in triplicate on r/cryptocurrency r/cryptomarkets r/monero for visibility] — ***Intro*** This is my first try at one of these. I am going to make a case for SUMOkoin (…

MERRY CHRISTMAS TEAM! (SKIP TO END FOR TLDR 
[Note: this post was originally drafted on Christmas Day and subsequently edited]
[Disclaimer: I am posting this in triplicate on r/cryptocurrency r/cryptomarkets r/monero for visibility]
— ***Intro***
This is my first try at one of these. I am going to make a case for SUMOkoin ( SUMO on Cryptopia) from a pure VALUE perspective. I’ve been researching privacy coins deeply and feel I’ve reached a sufficient conclusion to merit sharing SUMO.
SUMOkoin is a fork of MONERO ( XMR ).

In my opinion, XMR is hands down the most undervalued coin in the top 15. Once people figure out how to value privacy into the value of a coin, XMR, along with the other privacy coins like SUMO, will skyrocket.
I am not here to argue SUMO is superior to XMR. That’s not what this post is about.

I don’t find debating the merits of SUMO vs. XMR interesting as investing in SUMO has nothing to do with SUMO overtaking XMR.

If anything, I’d argue that the merits of XMR underline the value of SUMO. What I do find interesting is return on investment (“ ROI ”). If you do want to argue about XMR vs. SUMO, I can point you to this infographic: https://www.reddit.com/r/vertcoin/comments/7ixkbf/vertbase_a_vertcoin_to_usd_exchange/
— ***Market Cap Discussion***
For a coin with using Monero’s tech, 5 million is minuscule . For any coin, 5 mil is nothing. Some MC comparisons [as of December 25th, 2017]: SUMO: 5 million ENJIN: 110 million (22x SUMO) Enigma: 200 million (40x SUMO) REQ: 210 million (42x SUMO) POWR: 350 million (70x SUMO) Monero: 5.

6 billion (mental maths iz hard)

Let’s talk about market cap (“MC”) for a minute.
It gets tossed around a lot, but I don’t think people appreciate how important getting in early can be. Say you buy into SUMO at 5 million MC. Things go well and 20 million new money gets poured into SUMO.

Now the MC is 25 million. Your gains are 4x (you invest.

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