TON Chinese Community Group (First-hand Intelligence):

https://bit.ly/toncn

1. Some people in the community say that Ton is a new project, which is really a lie. But Ton has indeed changed in this cycle.

In this cycle, there are no products that have gone out of the circle at the dapp level, and all the products that have gone out of the circle have failed.

In addition, tg has tilted its support for ton's traffic, so the ton ecosystem has become the only product that can attract attention and go out of the circle.

2. At present, Ton has emerged a new asset issuance model: the model of issuing on-chain assets with high-frequency and low-cost traffic off-chain.

This model has never appeared before, and has never been run through, but now it is not run through.

3. Be patient and look at a formula:

Single user cost/conversion rate in tg <asset valuation of ton chain*2/number of users

As long as this condition is met, major project parties will rush into the ton ecosystem like sharks smelling blood

Moreover, the development cost of mini-programs in tg is almost 0.

4. Let's look at the data of not:

The holder of notcoin is 2.5M, and the fdv is 1.57B. The arpu value of each user is 630 US dollars.

It claims to have 30 million users and 5 million daily active users, which means the conversion rate is 10%.

As long as the customer acquisition cost within tg is less than 63 dollars, it can make money.

Currently, a large number of studios have rushed in to play tg mini-games, and the customer acquisition cost is almost 0.

not has revealed a new asset issuance method that is profitable to all developers.

5. But the data of not on the exchange is unknown.

How many users can be converted into exchange users.

This determines the interest of the exchange to continue to list.

If you know, please talk about it in the comment area, and I hope you will give me some advice.

6. Summary:

The fierce splitting of this new issuance method and the emergence of new targets are foreseeable.

There are already 4-5 waves of people going to ton for development, which is a signal.

However, I think the sustainability of this method is questionable, and the turning points such as the marginal effect of exchange traffic and retail acceptance will soon come.

In essence, this kind of asset issuance catalyzed by web2 traffic is unlikely to challenge the huge crypto-native eth system.