TAP, TAP, TAP Away..!!

I have been an Iconbet Dapp user since about 100 Days and below are the some of my observations so far and this is in no way an investment advice.

Assuming Cost of 1M(Million) TAP = 16000 ICX

Avg Return/Day/1M Tap Since Jan 2020 = 53 ICX
Return for 30 Days = 1590 ICX
Return for 365 Days = 19345 ICX
Return on Investment Per Year = 120 %

If Daily Avg Return/Day Per 1M Tap = 40 ICX
Return for 30 Days = 1200 ICX
Return for 365 Days = 14600 ICX
Return on Investment Per Year = 91.25 %

If Daily Avg Return/Day Per 1M Tap = 30 ICX
Return for 30 Days = 900 ICX
Return for 365 Days = 10950 ICX
Return on Investment Per Year = 68.43 %

If an investment returns 20% it is considered to be a very good one.
For TAP to be considered a good investment the current price of TAP should be conservatively = 0.016*(68.43/20) = 0.05475 ICX

The current going rate for TAP is about 0.016 ICX on IconSwap and Average mining rate per TAP is around the same price based on my mining experience.
Since the Available TAP to be mined per day is declining and the user base, number of games on Iconbet is expected to increase, the mining rate per TAP is only going to go up and this would cause the trading rate for TAP also to go up.

Now decide for yourself, what you want to do based on the above stats. Spin, Roll, Deal or Just watch the opportunity go away and regret later ?

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