This could be indeed what we are looking at. If the company is selling vertical shares/tokens to IRA clients for $10/piece then that is what the tax office calls an "independent reference transaction". It overrules all other valuation methods. This is the value we should use for tax purposes.
On the bright side, a lot of of millionaires will be born.
RD "Post# of 8581 $10 x 100,000 shares x 4 verticals x 1.1% wealth tax (Norway) = $44,000 tax. lol." I don't think discounted cashflow to present-day value is a relevant basis for wealth tax in Norway. I am uncertain what is.
RD I have checked what seems to be the relevant information in Norway for tokens: "Finn markedsverdi for det du eide av virtuelle eiendeler" Find the market value of virtual assets. I guess that would be the tokens. I assume that would be the price at which they have been traded right before the turn of the year or earlier.