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.
The refinement process is what differentiates cane sugar from refined sugar. Both cane and refined sugars begin as juice extracted from sugarcane, which is then filtered, evaporated and spun in a centrifuge, which results in the creation of sugar crystals.