By the end of 2019 total cost internal token Gram blockchain project Telegram Open Network (TON) could reach $29.5 billion reported by The Bell, citing a report HASH Crypto Investment Bank.

According to the investment company, the trust, the cost of 1 Gram of a token to the end of 2019 is estimated at $5,9. This is precisely the value indicated in the note for the project investors.

However, HASH CIB offers its own method of assessment, emphasizing that the resulting in their model, the value is not target or fair price. Rather, it is “rational network value” that is emerging from current and present value added for future years.

According to a whitepaper TON, the emission of 5 billion tokens, and if the first Gram costs 10 cents, the cost of each successive increases by one billionth. All tokens Gram divided among investors, 44% developers 4%. 52% of the tokens remain in reserve.

During the two rounds of closed ICO, according to the report HASH CIB, it sold 2.89 billion Gram, and the official box-office receipts reached $1.7 billion, which is a single token, the average cost of about 59 cents (in the first round, $0,38, in the second — $1,33).

“It turns out that the $1.7 billion received from investors, correspond to about $2.94 billion for the whole cryptocurrency Telegram. Target price of $5,9 per Gram means the rising cost of cryptocurrency by the end of 2019, almost ten times”, the researchers said.

The founder of Telegram, Pavel Durov these calculations did not comment.

Recall that the launch of the core network, the blockchain platform TON is expected in March, but may be delayed for 2-3 months because of the “innovative nature of the development”.

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