Telegram Open Network’s (TON) value looks to cross the $20 billion benchmark, within a 5-year timeframe, as reported by Decentral Park Capital.
Specifically stated in a 59-page report – dubbed “The Current State of Telegram Open Network. A sleeping giant awakens” – TON’s native digital coin Gram (GRM) can potentially find its way into the list for 10 best protocol assets in half a decade.
The report provided evidence proving TON’s ability to become a gateway for digital assets, to “bank the unbanked”, along with playing its role as world’s first discovery system for Web 3.0 applications, “akin to the App Store for Web 2.0.”
Nonetheless, TON has not provided solutions for numerous internal and external problems, to maximize the quality of its potentially promising tech. Therefore, Decentral Park has zoomed in on 3 particular matters for TON to tackle: openness insufficiency to engineers, unfriendly attitude towards local authorities, purportedly expected imbalance between demand and selling.
Per the research, TON is not showing signs of much openness towards its engineers, comparing to its rivals, which could be a fatal vulnerability “in a world where talent is scarce.”
Unhappy relationships with the officials may also impair or at least slowdown adoption of tokens, specifically via the decline in the value flow from fiat to Grams. Above all, low interest from crypto-native investors, few avenues for Telegram users to buy Grams, delays in delivery along with an abundance of relevant matters can result in selling pressure ultimately, which cancels out the demand for the asset in the short-to-medium term.
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