TON — Telegram token sale on Liquid exchange ! Let’s take a look
In an exciting report, Russian financial agency Aton discusses Telegram’s TON blockchain project, in the broader context of the sector’s growth prospects.
Surprisingly, this document is full of surprisingly precise information about the prospects of the project to 200 million users. This information concerns as much the value that GRAM could achieve as it does many technical details of a future giant that aims to found a “Blockchain Internet”.
Telegram’s TON Blockchain, more and more leaks
A project that had raised so much money ($1.7 billion at the time of its ICO) and with such ambitions could not forever guarantee perfect discretion regarding its progress.
If we recently learned that TON would be launched before next October, a lot of technical information has been leaking in recent weeks about the architecture of the TON blockchain itself, its masterchain/shardchain approach and the first Apps (decentralized applications).
It is in this context that a few days ago a report was published by the Russian financial agency Aton which, in about forty pages, offers its customers and subscribers a solid — and particularly optimistic — overview of the Blockchain sector and its prospects. This report devotes a large part of its analysis to the “Telegram file”, supported by key figures and projections.
Quantity of GRAM tokens and price forecasts
According to the information presented in Aton’s research, GRAM’s total supply will initially be about 5 billion tokens. Considering an expected inflation rate of 2%, the total supply of GRAM should reach 10 billion in 35 years. The total quantity of GRAMs, as well as the quantity in circulation, are shown in the following table:
According to public sources, cited by Aton, during the second round of private financing, the average purchase price of GRAM was $1.33. The study thus provides estimates of the value of GRAM tokens in the future. These are relatively variable and range from $2.10 to $8.00.
The TON ecosystem in detail
Telegram clearly does not aim to simply launch “one more blockchain”, or a version 2.0 of something existing. Since then, TON has been presented as a conceptualization that aims to compete with ETHEREUM in its value proposition, an environment on which it will be possible to operate a multitude of dApps, to which will be added new tools in the Blockchain environment. As such, the Aton agency’s report is particularly precise and refers to the following features:
- TON Storage is described as “a storage technology available to store files on the fly with torrent access technology and smart contracts deployed to increase availability”. This function would be used by dApps that require large amounts of storage;
- TON Proxy is the network anonymizer, used to hide identity and create a decentralized virtual private network (VPN) for online privacy. The ultimate goal is to “guarantee any service, including Telegram, resistance to censorship”;
- TON Services is presented as a platform for third-party apps, smart contracts, and a decentralized navigation experience;
- TON DNS is a service that “will allow users to access decentralized services as easily as browsing the Web” by assigning human-readable domain names (versus encrypted addresses that are not user-friendly);
- TON Payments is supposed to guarantee instant off-chain payments while remaining within the network. It also includes integrated safeguards to ensure security during transfers, ensuring that transfers are “as secure as any other on-chain transaction”.
Finally, the TON virtual machine is described as a component that processes smart contracts on the network.
What does Telegram have in store for us?
With more than 200 million users, the company has a strong community that now needs to be monetized. This monetization could naturally involve the implementation of sponsored content or premium services, particularly for Telegram groups managed by the brands.
In the context of TON, Telegram aims to provide its messaging system with a native wallet designed to receive, exchange and send GRAMs in a fluid and user-friendly manner.
According to its founders, the implementation of such a wallet would immediately make it the most widely used cryptoactive holding system in the world.
However ambitious they may be, these objectives will have to be free from fierce competition, particularly in the form of Facebook Global Coin’s crypto project, which is also associated with its WhatsApp messaging system. Finally, it should be remembered that, however large its community may be, Telegram users currently only place the application in 8th place in instant messaging systems, very far from the leaders in the WhatsApp or WeChat sector, and even behind Skype or Viber.
Be a part of the token sale everyone is talking about.
Coming July 10th.
Follow this link, subscribe and pass the KYC (which is super easy to do): https://www.liquid.com
And then, you are ready to get yourself some TON tokens before everyone else!