8. Projected Token Price Appreciation

Let’s illustrate a simplified projection over 5 years for the GNUS token. This model assumes:

• A fixed annual processing value that yields $29.35 million in value burned each year.

• A starting circulating supply of 20 million tokens priced at $3.40 each.

• No new node additions—the model focuses solely on the deflationary impact.

Year-by-Year Projection (Simplified)

Year	Circulating Supply (Million Tokens)	Tokens Burned (Million)	Effective Price Multiplier	Projected Token Price
0	20.00	–	1×	$3.40
1	~11.37	~8.63	~1.76×	$3.40 × 1.76 ≈ $5.98
2	~6.46	~4.91	~1.76×	$5.98 × 1.76 ≈ $10.51
3	~3.67	~2.79	~1.76×	$10.51 × 1.76 ≈ $18.52
4	~2.08	~1.59	~1.76×	$18.52 × 1.76 ≈ $32.60
5	~1.18	~0.90	~1.76×	$32.60 × 1.76 ≈ $57.25

Earnings-Adjusted Valuation

If we apply a Price-to-Earnings (P/E) ratio (common in technology companies) to the annual profit captured by Genius Ventures, we get an additional multiplier. For example, if:

• Annual profit (from commissions and burns) is $29.35 million.

• A modest P/E of 10× is applied, the earnings–based market cap would be $293.5 million.

• With the deflated token supply (for instance, 11.37 million tokens after Year 1), the earnings–adjusted price per token would be:

$293.5 million​ ---------------------— ≈ $25.80 per token. 11.37 million tokens

This means a node operator who holds tokens for one year sees the effective hourly payout multiply by a factor of approximately 7.59 (i.e., $25.80/$3.40).