PEPT Valuation - July 31, 2023 - Some tokens are still available below book value.
Today, I @fjworld is sharing updated balance sheet information for our project ePayTraffic community token #PEPT
The following image is recent data for the Hive wallets and off chain wallets in our balance sheet.
From our balance sheet and market price we can calculate our Price-to-Book value for our token.
Our P/B ratio is very low. A value below 1.0 means the market price is trading below book value. As we continue our journey, these accounts will change in value and will be closely monitored to ensure our wealth building strategy is working as expected. The initial token release price was intentionally set low. We had a 2:1 split already for PEPT and with the ongoing distribution of ePay tokens via #ctp #alive and other communities, we will see an increase interest on Hive as well as off Hive.
We are just getting started in building a solid foundation that will support many use cases in our traffic exchanging communities.
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