According to IDC, spending on blockchain solutions is expected to hit $15.9 billion in 2023, witnessing a CAGR of 60.2% between 2018 and 2023. It is estimated to be $2.7 billion in 2019, up 80% over 2018.
Let’s do some math 57,600,000,000x40%=23.04bil USA market Ironclad is 1 of 1069 patents. More coming. 1/1069=.09% can’t wait for 5 more to equal 13 23,040,000x.09%=20,736,000 20,736,000/2,309,410,971 o/s= .0089pps in 2025 All of this assumes that even the Nike blockchain for tracking shoes is on par with this blockchain. Honestly I think it’s more like 700 of the 1069 or 1/700. Now I’m sure the number of patents will increase as well as availability of creation without causing infringements. But I don’t know how many patents we will have then. Ran out of time last night, maybe next weekend I’ll have more time to research on how to valuate the patent or if anyone else has perspectives or opinions....let’s do this. Worthwhile play here at these prices
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