But we're basing it right now on the price of OMG multiplied to the quotient of the projected marketcap to the market cap today.
Definition of refinement. 1  1 : the action or process of refining. 2  2 : the quality or state of being refined : cultivation. 3  3a : a refined feature or methodb : a highly refined distinction : subtletyc : a contrivance or device intended to improve or perfect.
Definition of Dilution. Search the Dictionary. Dilution is the process of reducing the concentration of a solute in solution, usually simply by mixing with more solvent. Example 1: You can add water to concentrated orange juice to dilute it until it reaches a concentration that is pleasant to drink. Example 2: Pure oxygen is too rich for us to breathe for long, leading to problems such as hyperoxia. In the air around us, oxygen is diluted naturally by the presence of nitrogen.