Gram May Raise in Price After TON Launch, Hash CIB Says

Analytics reported the prospectes of the Telegram related token
12 November 2018   8122

Analytical company Hash CIB prepared a report on the prospects of the Telegram Open Network, for the creation of which the founders of the popular messenger raised $ 1.7 billion and its token Gram. Excerpts from the report leads “Kommersant”. 

According to analysts, TON can compete with companies operating in several areas at once, including by providing cloud storage, DNS and anonymizer services. The document states that the project has the potential to capture up to 10% in each of the areas by 2026.

Gram tokens, released on a closed ICO at $ 0.38 and $ 1.33 during the first and second stages, respectively, also have great prospects. So, Hash CIB believe that "the rational cost of a unit of Gram" can be equal to $ 5.9. At the same time, they recognize that “the market will not evaluate Telegram rationally,” since the factors and risks taken into account in the calculations may not be realized in the future.

In conducting the calculations, analysts were guided by market shares that TON can capture. The project is expected to receive 10% of the VPN market by 2026, 1% and 10% of the DNS market - in 2022 and 2026, respectively, 10% of the cloud storage market - by 2026.

At the same time, a number of experts expressed doubts about TON’s ability to achieve results withered by analysts.

As far as I know, the working concept of the proxy service has never been presented. Although I welcome the new technology in the VPN market, it’s difficult to predict the value of what cannot be assessed yet.

Benjamin Van Pelt

CEO, TorGuard

It should be noted that Hash CIB is associated with Qiwi Blockchain Technologies, which in turn is a member of the Qiwi group. In February of this year, it became known that the head of Qiwi Sergey Solonin invested $ 17 million in ICO TON.

GRAM May be Traded at Liquid at Triple ICO Price

Bloomberg says that Telegram tokens, that may appear at Liquid will be sold by Gram Asia at $4 per token, but there's no official info from Telegram
04 July 2019   1258

Even before the official public release of the cryptocurrency of the messenger, Telegram can increase in price by 200% relative to its value during the initial offer of coins. It is reported by Bloomberg.

As previously reported, Telegram tokens may appear on the Liquid Bitcoin Exchange already on July 10. The distributor is Gram Asia, which calls itself the largest holder of GRAM tokens in Asia. It intends to put up for sale rights to cryptocurrency at $ 4 per unit.

At the same time, one of the investors said to the publication that at the time of purchase the price of 1 Gram was $ 1.33.

It is worth noting, however, that after the announcement of the public sale of Telegram tokens to Liquid, the media reported that this intention had nothing to do with the official plans of Telegram.

Then one of Telegram's investors stated that no one has the right to sell tokens before their official launch in accordance with the signed agreement. Moreover, representatives of the popular messenger noted that they first heard about Gram Asia.

Later, CEO Liquid Mike Kayamora admitted that Telegram has no relation to the placement on Liquid: the deal was concluded exclusively between the exchange and Gram Asia, which allegedly is an incubator for the TON project.

The Block's leading analyst Larry Chermak on several tweets expressed skepticism about the announced Telegram tokenale based on the Liquid stock exchange, saying that he would “think twice before making a decision to invest.”