Gram is one of the hottest names in the crypto sphere, and with good reason. This unreleased coin, developed by Telegram, one of the world’s largest messaging apps, promises something truly revolutionary-mass adoption. How?
Well, Monfex Research, an analytical department of the industry-leading cryptocurrency trading platform, did an analysis of the Gram coin and came up with a few conclusions.
Gram has the potential to completely change Telegram’s monetization
The Telegram may boast a user base of over 300 million people, but currently, the company operates as a not-for-profit. Gram, however, could change all that. Monfex’s analysis shows that Gram will become the main revenue driver for Telegram and generate incremental net revenue of $4 billion by 2022.
This could be accomplished by taking the following assumptions. First, according to Telegram’s estimated growth rates, the company plans that its active monthly users will grow by 50% each year, capping at 1 billion users by 2022.
Secondly, annual net revenue per user will be around $5. This number was reached by comparing Gram’s nearest competitors, Google Pay, and WeChat Pay, who earn $6 and $5.6 annually per user, respectively.
Telegram will reach a positive net profit by 2020
Once the Gram token is released, an estimated 300 million people will suddenly have access to cryptocurrency in the palm of their hands, without needing any extra technical knowledge or equipment.
This means that these users can start transacting in Gram immediately – Monfex estimates that it would not be unreasonable to assume that up to 80% of the total userbase could immediately become Gram users.
Based on our model, we believe that by 2020 Telegram will become a highly profitable company with a double-digit net profit margin.