Psy teaches you how to play TON Part 4 - TON's token economics and economic model
Hi! I’m Psy. The popularity of TON will inevitably cause people to think deeply. I will continue to bring you TON’s economic model and token economics.
TON Token Economics Research Report (Part 2)
5. Token value drivers
5.1 Network Effect
The value of TON tokens is deeply influenced by network effects, and its foundation is firmly established in the extensive interaction between user groups and applications. As of July 2024, the TON network has gathered more than 500 decentralized applications and attracted more than 2 million active users. With the vigorous expansion of the TON ecosystem, the continuous influx of new users and the successive addition of various applications are forming a strong driving force, prompting the demand for TON tokens to rise day by day, thereby stimulating its value to a higher level.
5.2 Technological Innovation
TON's technological innovations, such as its impressive and efficient ability to process more than 10,000 transactions per second, and the extensive expansion of decentralized storage and service systems, are reshaping and improving the overall performance and attractiveness of the network with unprecedented intensity. . These technological leaps not only bring users a smoother and more efficient experience, but also lay a solid foundation for the widespread application and demand growth of TON tokens. As network performance continues to improve and its attractiveness continues to increase, the use scenarios of TON tokens will become increasingly rich, driving a significant increase in its demand.
6. The comparison between Telegram and WeChat/QQ in terms of traffic in traditional industries highlights the potential of TON blockchain relying on Telegram in the gaming sector
In today’s digital age, social media platforms play a vital role in attracting and directing user traffic. Telegram and WeChat/QQ are the best among them. Each has had a significant impact on traditional industries and the gaming industry with its different characteristics and strategies. Uncle Psy will make an in-depth comparison between the two platforms from two aspects: traffic guidance and the wealth effect brought by games.
In-depth analysis of social giants and traffic guidance
1. User Base and Geographical Map
WeChat/QQ: Standing at the top of China's social networking, WeChat and QQ have jointly woven a huge user network. According to Tencent's latest financial report, WeChat's monthly active users have proudly exceeded 1.3 billion, and QQ is not far behind, with more than 500 million monthly active users. Both are not only deeply rooted in China, but also shine in overseas markets such as Southeast Asia. WeChat, in particular, has become an indispensable companion in the lives of Chinese people, from daily communication to payment, entertainment and even work scenes, it is everywhere.
Telegram: Although the user scale is slightly lower, Telegram is known for its balanced global layout, especially in Europe, the United States, the Middle East and other places, and has solid fans. Its monthly active users are nearly 800 million, and its daily active users have exceeded 500 million, demonstrating its strong international influence. Telegram’s user base is significantly younger, and it is particularly popular among technology geeks and the cryptocurrency community, forming a unique community culture.
2. Functional ecology and differentiated competition
WeChat/QQ: Comprehensive functions and closed-loop ecology. From instant messaging to sharing in Moments, from the content ecology of public accounts to convenient services of mini-programs, and the seamless connection between e-commerce and payment, WeChat and QQ have built an all-round and multi-level digital life circle. In particular, the rise of WeChat mini-programs, with more than 400 million daily active users and more than 800 million monthly active users, has become a new blue ocean for corporate marketing and has led a new trend in mobile Internet.
Telegram: Simple, safe, and free communication. Telegram focuses on the purity and efficiency of information transmission with a "lightweight" attitude. Its channels and groups are powerful, without advertising intrusion, and with strict privacy protection, making it an ideal platform for information sharing and community operations. In particular, the integration of the TON blockchain has injected new vitality into the Telegram ecosystem with decentralized payments and smart contracts, further broadening its application scenarios and commercial value.
3. Traffic Monetization and Wealth Effect
WeChat Mini Programs and QQ Game Center: As an important channel for game distribution, WeChat Mini Programs have attracted a large number of players with their social fission effect and convenient experience. WeChat Mini Games has more than 500 million daily active users, becoming a global mini game market. QQ Game Center is deeply involved in the social game and leisure fields and also has a huge user base. Both have not only enriched users' entertainment life, but also brought considerable profits to game developers.
TON blockchain games: The rise of an emerging force. TON blockchain provides solid support for blockchain games with its decentralized payment and smart contract technology. Popular games such as Notcoin and Catizen shine on TON, not only attracting millions of players to participate, but also promoting the prosperity of on-chain transactions. The deep integration of the huge base of Telegram user community and TON technology has brought unprecedented development opportunities to the blockchain game field.
Conclusion: Tencent continues to lead the gaming industry with its deep gaming heritage and huge user base. However, the sudden rise of Telegram and TON blockchain is injecting new vitality and possibilities into the industry with its unique advantages and challenger attitude. In the future, who will take the lead in this cross-border integration of social networking and gaming? Let us wait and see. $TON
