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
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.