I predict the price of AFIT (actifit) token...

in #actifit6 years ago (edited)

I love this app and use it frequently and this prediction is part fun part speculation. So here it goes:

Check out their website : https://actifit.io/
Google play link :
https://play.google.com/store/apps/details?id=io.actifit.fitnesstracker.actifitfitnesstracker

Give the app a 5 star to help the fellow STEEM devs.

Now on to prediction :
I delegated 100 SP few weeks back and got my first payout ( 400 AFIT for 1 week) which turns out to be ~ 1600 tokens per month. From a pure investor perspective if I had invested the same 100 SP with @smartsteem , I would have made the following daily:

Which turns out to be 1.55 Steem monthly.

So , in rough comparison , 1600 AFIT tokens equate to 1.55 STEEM or 2.23 USD ( per today's prices)
Or 1 AFIT token = 0.001395

But of course , we are going to moon with STEEM , so let's re-run the number with STEEM hovering around 100 USD ( butterflies??)
1600 AFIT ~ 1.55 STEEM ~ 155 USD
or 1 AFIT token = 0.096875

Now keep in mind you can easily earn 35 token by just walking 6000+ steps so that comes out to be
35X31X0.09 = 104 USD
You could be making this amount of money by just walking on regular with this app.

Walk on

Edit :
@mcfarhat informed me that since I started mid-week the weekly AFIT token payout was 400 instead of 700( weekly) , so here are revised numbers
2800 AFIT monthly ~1.55 STEEM
at current price ( 1.44 USD for STEEM) 1 AFIT = 2.23 / 2800 = ( 7.971428571428571e-4 )

at 100 USD ~ STEEM price = 155/2800 = 0.055 USD

Monthly potential for 6000 steps( taken daily) , at 100 USD STEEM = 59.67 USD
Still not too bad !!

Sort:  

FUN!
I recently joined Actifit and I am enjoying the app, and I am delegating as well.

I like your math, and I hope you're right, but either way I will happily use this app forever more.

to the moon brother..

I don't understand anything from these calculations. you could write more easily

Thanks for this post man

Keep stacking those afit tokens mate.

Haha, that seems to be a highly professional analysis. Honestly, i think there won't be an opportunity to make 104 USD a month, when track your walking with this app.

This would be interesting, yes.. But it will never come like that, i bet. The price is about supply and demand and since you are not able to do that much with your tokens, there will be much more supply than demand.

Even if the steem price moves up to 100 Dollars ( i would be pretty happy about, but I'm not sure how realistic this is, since the plattform has many problems and some inflation rate ), there is no reason, why that should effect this AFIT price.

tks for your comment.

Have you earned this? Please explain this in detail.

you should read the detailed post by @actifit
https://steemit.com/actifit/@actifit/announcing-actifit-innovative-smt-for-rewarding-fitness-activity

also the link to app is in the post... or you can search in app store = actifit

Hahaha....That is wonderful analysis.
I don't personally know how price will be finally. You know anything about smart contracts?.I don't know how they works and i guess actual prediction can done based on smart contracts.

here is what taskmaster said yesterday about the future of AFIT in yesterday post.

https://steemit.com/steem/@taskmaster4450/acti-are-you-taking-advantage-of-the-opportunity-this-could-be-huge-for-steem

Yes , of course, smart contracts are primarily smart and last but not the least contracts.

As you can tell , I am an expert in this area so feel free to ask any tech heavy questions as well.

Oh! I missed out this comment....yes that would be great. Can you make a post on what smart contracts are, how they operate, how they decide the price of tokens linked with them,how are they different....all such questions

I was kidding..i have absolutely zero idea how that thing works..

Haha...you are funny lol..

@itstime, I'm interested in the same topic as you, let's spin it together. I signed on to you, I hope you'll sign up for me. Always glad to meet new people!

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Good analysis! I didn't know actifit existed more than 2 years, I just signed up a couple of weeks back!

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