Consider that after by end of this month there will be 200,000 ZEC released following every month with 20% going to the founder's coffers after 4 years.
Extreme inflation will continue sending prices crashing. Recall early this month prices were hovering around 2 Ferrari 458 and now it's tanked to under a 100 dollars.
If we were to assume that in 48 months X 200,000 ZEC = ~100,000,000 ZEC with 20,000,000 ZEC belonging to the Founders.
It's important to consider the pros and cons about the Founder's Reward with Zcash, and I appreciate you trying to start a discussion, but I just wanted to clarify that your numbers are slightly off.
20% for the next 4 years goes to the "founders" (which is not just the developers, but investors as well). But much like Bitcoin the total monetary base is fixed at 21,000,000 ZEC. And also like Bitcoin, the total mining reward is halved (roughly) every 4 years, and consequently decreases exponentially until it reaches that total reward.
Effectively, this means that the Zcash Founders Reward doles out 10% of the currency to the investors/early development team over the lifetime of the currency, and in many ways mirrors a startup vesting cycle of 4 years (minus the one year cliff). Their blog goes into more detail about the reward here: https://z.cash/blog/continued-funding-and-transparency.html
Personally, I think this reward distribution is a significant improvement to the "premine/ICO" antics you see in many other cryptocurrencies/tokens, even if I think it's a little high. I applaud the team for trying something new/seemingly more fair.
(Also, not affiliated with the team, just a cryptocurrency nut: http://keybase.io/cin)
The amount of perverse incentives it creates is insane. Instead of investors being forced to slowly accumulate ZEC, they are given it almost in bulk, and are in a perfect position to manipulate and short the market.
Just like how some people like to report areas in terms of football fields or Belgiums and weight in terms of busses and whales instead of SI units.
In cases they seem to be reporting a price in terms of random objects instead of currency. For reference the price converts into roughly 1.5 pints (US) of gold
ZEC is currently down 14.24% on the day. 8 days ago, Daily volume exceeded the market cap. I don't think that qualifies as normalized by most standards.
"Normalized" is spin control. "Screaming dive" is more like it. From $6000 to $92 in a month, and dropping about 10% per day. Zcash is on its way to joining the other 700 dead and dying altcoins. Right now, it's the 43rd most valuable altcoin, and dropping in rank.
Mining is generating Zcash way too fast for the market to absorb. The "market cap" has been holding steady as the priced dropped over 99%.
To be fair to ZCash, the high prices at launch were primarily due to very limited supply and market manipulation. The "screaming dive" is really just heading towards a sustainable price.
Somewhere between $2-$10 is a more realistic valuation (based on other coin valuations) -- it will be interesting to see if the price stabilises once within this range.
Extreme inflation will continue sending prices crashing. Recall early this month prices were hovering around 2 Ferrari 458 and now it's tanked to under a 100 dollars.
If we were to assume that in 48 months X 200,000 ZEC = ~100,000,000 ZEC with 20,000,000 ZEC belonging to the Founders.
edit: why the downvotes? I'm just reporting the facts: https://twitter.com/TommyEconomics/status/793435785097646081...