Controversy about $Ton seems to be emerging, and the main issues focus on

1️⃣ Tens of millions of users are beginning to become a common phenomenon, but the consumption power of users is only focused on a few head projects, and the liquidity of the ecosystem seems to be insufficient

2️⃣ There are very few VCs that are really taking action. The main reasons are: the exit expectations are not obvious, and people rarely see the possibility of listing on exchanges; as well as low valuations and data authenticity that is difficult to verify.

3️⃣ It seems that more and more people have found that it is not important to build Tonchain, but to build Telegram. It is difficult to become a member of "Tonchain"

4️⃣ The ecosystem seems a bit monotonous. How many people on Telegram have money in their "purses"? This is a question

But Miniapp based on Telegram does not seem to have exploded its real potential. It seems that it is possible to usher in a strong outbreak like Gamefi in 20 years

But I think ton cannot usher in the miracle of the public chain, and the tenfold surge