Valuations for things like this are notoriously difficult. But here is my attempt

Assumption 1: IoT market prediction that at end of 2020 it will be worth $7.1 Trillion dollars.

Assumption 2: Assume Jinn will capture 1000th of 1% of this market. Jinn Company revenue will be $71 million for 2020.

Assumption 3: Assume profit margin is 15%. Profit per share in 2020 will be $10.65.

Assumption 4: Profit growth will follow the this pattern (the more earning you push into the future, the more conservative)

End 2015: 0% of $10.65 delivered in this period = $0

End 2016: 8% of $10.65 delivered in this period = $0.53

End 2017: 15% of $10.65 delivered in this period = $1.07

End 2018: 33% of $10.65 delivered in this period = $2.66

End 2019: 66% of $10.65 delivered in this period = $5.33

End 2020: 100% of $10.65 delivered in this period = $10.65

Assumption 5: Assume discount rate is 7% (you put the money is shares and you happen to get an average long term return). Discounted cash flows for the above future income sum up to a present value of $16.84 per Jinn asset.

Assumption 6: Assume chance of success of Jinn is 20%. This gives a fair value today of $3.37 per asset. Or 109 NXT.

I told you it was hard

Tweaking some of the 11 assumptions above... I would suggest that the fair value is between 46 and 2452 NXT per asset.

You're welcome