It's not that the valuation model is broken, it's that the benchmarks are wrong, and besides, the altcoins are not profitable, so where does the valuation model come from?
Why do I think a million U is the maximum? Benchmarking against privacy project
@beamprivacy
, a project launched in 2019, pow, a unique privacy project, with innovations in the mimbleWimble protocol, capable of issuing privacy tokens, has a bridge with eth, and is developed by an Israeli team that has continued development for the past six years. With so many features, it's only worth a few million U, and it has survived two market cycles; why does STO need 70m?