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. 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.