Thursday, February 7, 2019

THE BELL FOUND OUT THE FUTURE VALUE OF THE GRAM TOKEN

THE BELL FOUND OUT THE FUTURE VALUE OF THE GRAM TOKEN

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

According to the investment company, the target value of 1 Gram token by the end of 2019 is estimated at $5.9. This cost is specified in the note for investors of the project.

However, HASH CIB offers its own valuation methodology, emphasizing that the resulting value in their model is not a target or fair price. Rather, it is a” rational network value” consisting of current and discounted value added for future years.

According to TON whitepaper, the issue will be 5 billion tokens, and if the first Gram is worth 10 cents, the cost of each subsequent increases by one billion share. All Gram tokens are divided between investors-44% and developers — 4%. 52% of tokens remain in reserve.

According to the report of HASH CIB, during the two closed rounds of ICO, 2.89 billion Gram was sold, and the official amount of fees reached $1.7 billion, that is, one token on average cost about 59 cents (in the first round $0.38, in the second — $1.33).

 

The post THE BELL FOUND OUT THE FUTURE VALUE OF THE GRAM TOKEN appeared first on Bitcoin News.



from Bitcoin News https://www.cryptocynews.com/bell-found-future-value-gram-token/
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