Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Backed by nine million users, INVITE's market potential may break through $500 million

Backed by nine million users, INVITE's market potential may break through $500 million

远山洞见2024/08/02 06:46
By:远山洞见
I. Project introduction
 
INVITE claims to be the largest social growth tool within the Telegram ecosystem, backed by a community of 9 million blockchain holders and using UXLINK as its social infrastructure. As the first TG/TON ecosystem tool project launched on an exchange, INVITE publishes $INVITE on the TON blockchain through fair distribution. It is the most influential social growth tool on TG and TON, with the largest Web3 holder community, committed to promoting the development of the blockchain social ecosystem through innovative technology and strong community support.
Backed by nine million users, INVITE's market potential may break through $500 million image 0
 
II. Project highlights
 
1. Huge user base: INVITE has more than 9.30 million holding users, and the community size is in a leading position among similar competing products, with significant market advantages.
 
2. Unique project mechanism and extensive partners: The project innovation launched the "LINK TO EARN" social growth mechanism and established partnerships with more than 50 projects, demonstrating a strong cooperation network and innovation ability.
 
3. Reasonable and clear token economics: The total amount of INVITE tokens is 1 billion, TGE (token generation event) unlocks 19%, the initial circulation market value is only 3.80 million US dollars, the token distribution is clear and has a good economic model.
 
4. Market potential and development prospects: INVITE has a significant competitive advantage in the market with its huge user base and innovative growth mechanism. With more users and projects joining, its market influence and token value are expected to further increase.
 
III. Market value expectations
 
As the largest social growth tool in the TG and TON ecosystems, INVITE is expected to achieve significant success in the market with its huge user base and innovative "LINK TO EARN" mechanism. If we refer to the market performance of Short Video Platform Cheelee and Web3 social application Friend.tech similar Watch to Earn mechanism, we can make a reasonable expectation of INVITE's market value.
 
The total number of INVITE tokens is 1 billion, TGE is unlocked at 19%, the initial total market value is $20 million, the unit price of each token is $0.02, and the initial circulation market value is $3.80 million.
 
Cheelee (CHEEL) has a token price of 21.54 dollars and a circulating market value of $1,159,799,405. Assuming INVITE achieves similar market performance, its token price may reach $21.54, and its circulating market value will be $4.09 billion
 
Friend.tech (FRIEND) has a token price of $0.140957 and a market cap of $13,332,191. Assuming INVITE achieves similar market performance, its token price could reach $0.140957, resulting in a market cap of $26.78 million
 
Comprehensive Analysis: Considering INVITE's huge user base and unique growth mechanism, its market potential is significant. If its market performance can approach Cheelee, the token unit price may reach $21.54, resulting in a circulation market value of about $4.0926 billion; even if its performance is similar to Friend.tech, the token unit price may also reach $0.140957, with a circulation market value of about $26.78 million. Overall, INVITE has huge potential in the market, and its market value is expected to exceed $500 million.
*
 
IV. Economic model
 
The total number of INVITE tokens is 1 billion, TGE (token generation event) is unlocked at 19%, the initial circulation market value is 3.80 million US dollars, the total market value is 20 million US dollars, and the unit price of each token is 0.02 US dollars.
 
Mining accounts for 80% of the token distribution, with TGE releasing 5%. Project Development has allocated 5% and will linearly release it within 6 months. Community also accounts for 5%, all unlocked. In addition, Ecosystem Fund accounts for 10%, all unlocked.
 
Through such a token economy model, INVITE ensures the long-term sustainable development of the project. The high proportion of allocation in the Mining section encourages users to actively participate in the project, while the allocation of funds for project development and community building supports the continuous growth and expansion of the project. The full unlocking of the Ecological Fund provides sufficient financial support for the construction and maintenance of the ecosystem.
 
V. Team and financing
 
As of now, the specific team member information of the project has not been made public. However, as a highly anticipated project within the Telegram and TON ecosystems, the development team may have rich experience in blockchain and social growth tool development.
 
The specific financing details of the project have not been publicly disclosed. However, based on its extensive user base and innovative growth mechanism, it can be speculated that the project may have received some private equity or community support.
 
VI. Risk Warning
 
1. The crypto market is highly volatile, and the value of tokens may be influenced by market sentiment and the external environment.
 
2. Blockchain projects may face technical vulnerabilities and security issues, which may lead to loss in capital or hindrance to project progress.
 
VII. Official link
 
 
1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Dogecoin Drops 30% from Yearly Highs, Risks Falling Below $0.20

Dogecoin has plunged 30% from its yearly high, with bearish indicators like a "Death Cross" and Super Trend readings hinting at further losses.

BeInCrypto2024/12/23 00:30