My fellow retards,
phon/ongod seeks a corollary for valuation purposes. Imagine you work at a business valuation unit looking to price companies based upon comps (competitors that have similar designs/structure). Try to imagine a competitor to Phonon. There really is none, because nobody else is playing in the layer 0 plumbing game.
Maybe you browse coingecko and look at the top assets. Most are L1s even plebs are familiar with—some, total shitcoins that have no raison d’être (this means you xrp).
The coin near the top that is built to provide a service across all other chains is ChainLink, which has ~$12b marketcap, so you make that your new low-end value target. Forget that LINK is inherently bound by its place on-chain. The route between the chains, one way or another, is at least worth $12b in USD (at EOY2021 values).
Phonon endows all private keys with the ability to be transferred invisibly between two counterparties. This functionality is ready for bitcoin, Ethereum and all L1s that use k curves. The beta this coming year will support Edwards curves such as Solona and Monero.
My targets for the marketcap of PHONON DAO remain unchanged though I’m moving the timing up a bit- $1b in three months and $12b in 12 months. This is equal to $26 and $320 per GRID. I would add on the high end I can see $300b marketcap in 3 years (or $8000/GRID).
New prediction: Jack Dorsey’s SquareBlock will try to buy GridPlus due to the innovation of the Lattice1. More than $1b will be offered.
[Not financial advice – for entertainment purposes only]
Join the discord: https://discord.com/invite/e6AKXzzX
phon/ongod out.