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

Analytics reported the prospectes of the Telegram related token
12 November 2018   7258

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.

Binance to Conduct Unplanned BTT Airdrop

"One tester inadvertently clicked an airdrop button for BTT" as head of the exchnage reported
20 February 2019   101

Binance, the largest cryptocurrency exchange, inadvertently implemented BitTorrent airdrop. Because of this, the wallets of some users of the trading platform were replenished with BTT tokens.

While doing testing for , one tester inadvertently clicked an airdrop button for BTT, giving some BTT launchpad buyers extra BTT tokens. We are resolving the issue now. No other people are affected.

Changpeng Zhap

CEO, Binance

One commentator joked that getting some extra tokens is not a problem at all. The head of Binance answered him that this question is now being resolved and, most importantly, all means are safe. Another Twitter commentator joked that he inadvertently pressed the Sell button and sold BTT tokens very cheaply. 

Also today, Changpeng Zhao reminded that only one day remained before the launch of the test network of the decentralized Binance DEX exchange.