Here’s one potential way of thinking about it with quick, back-of-the-envelope math. Let’s say the year is 2025 and 163 zettabytes of data are created that year. Assume that 1 billion Safecoin are in existence and that the SAFEnetwork has captured 5% of data storage market share. In such a scenario, one Safecoin could hypothetically buy 8.15 TB. Today you can get a TB of storage for ~$50. Even though I expect that by 2025 you’ll be able to get a TB of storage for far less, I’m going to hold the price constant for the security and reliability the SAFEnetwork provides. As noted,
According to the assumptions above, the value of one Safecoin would be something like ~$400.
Now, if there are only 800M Safecoin in existence, then the price per coin would be ~$500. Similarly, if the SAFEnetwork has captured 10% of newly created storage, then the price would be ~$800 with 1B Safecoin in existence, or ~$1000 with 800M Safecoin in existence.
Perhaps the price of Safecoin at launch will reflect the potential value as it grows towards steady state with respectable market share capture. Also, I think the amount of data each Safecoin would/could need to store underscores just how important divisibility is unless Safecoins are burned and farmed at a blistering rate.
In general, I think these price estimates are supremely conservative because they don’t take into account all the other uses for Safecoin beyond data storage. Moreover, I should hope that circulation of 1B Safecoin would reflect a world in which the SAFEnetwork has captured at least 25% of the data storage market. Then we’d be talking a price ~$2000 per coin. 