Calculating the Founders Reward in US$ value:
Founders Reward is 43,200 ZEC for 30 days.
The monthly ZEC prices are average prices for the given month in US$.
2016 November, average $60 = $2,592,000
2016 December, average $50 = $2,160,000
2017 January, average $43 = $1,857,600
2017 February, average $30 = $1,296,000
2017 March, average $53 = $2,289,600
2017 April, average $72 = $3,110,400
2017 May, average $139 = $6,004,800
2017 June, average $320 = $13,824,000
2017 July, average $218 = $9,417,600
2017 August, average $234 = $10,108,800
2017 September, average $220 = $9,504,000
2017 October, average $236 = $10,195,200
2017 November, average $290 = $12,528,000
2017 December, average $450 = $19,440,000
2018 January, average $561 = $24,235,200
2018 February, average $416 = $17,971,200
2018 March, average $275 = $11,880,000
2018 April, average $236 = $10,195,200
2018 May, average $286 = $12,355,200
2018 June, average $190 = $8,208,000
2018 July, average $185 = $7,992,000
2018 August, average $156 = $6,739,200
2018 September, average $127 = $5,486,400
2018 October, average $119 = $5,140,800
2018 November, average $101 = $4,363,200
2018 December, average $61 = $2,635,200
2019 January, average $55 = $2,376,000
2019 February, average $51 = $2,203,200
2019 March, average $54 = $2,332,800
2019 April, average $65 = $2,808,000
2019 May, average $64 = $2,764,800
Total for past months: $234,014,400
If we take for the remaining FR todays price of ~$70 additonally $3,024,000 per month are added. Means again that an estiminated $51,408,000 until the end of the Founders Reward are issued.
This makes an estiminated Total Founder Reward of $285,422,400 or 285M or over 1/4 Billion US Dollars.
I yesterday guessed it might be over 200M, but didn’t really think it was that much at all. Now the question should be should/could someone await that with $285M funds a product should be flawless finished and top notch?
Just as a sidenote after thinking about that huge number. A year ago radix who developed and maintained the only windows wallet than back had to beg for some ZEC from the community …
