View | How dare we say that LAT coin will reach 100 billion market cup
Platonworld View, Please indicate the source if you reprint it
Author : LAT100
Here are just some of our viewpoints, you are welcome to discuss the content with us peacefully if there’s any disagreement.
| First
Dr. Xiao Feng had a public speech in 2018 with a farsighted prediction — with the development and maturity of DAPP, it is entirely possible for a $5 trillion market cap public chain or company to emerge in the blockchain industry.
Dr. Xiao Feng gave a public speech in 2018, “blockchain industry may have $5trillion level projects” [Link]
You should know that in the middle of last month this year, Bitcoin had peaked at a market cap of $1.2T, ranking 6th in the list of top global assets, next only to Apple, Microsoft, Amazon, Google etc. And the total cryptocurrency market cap had exceeded $2T. Bitcoin’s former height may break through again soon in the second half of the year. Then it’s not too far from Dr. Xiao Feng’s conclusion.
No matter how many ups and downs the market will get through, the total market capitalization of crypto assets is always upward in a long cycle. $5 trillion, If this bull market can not be reached, then the next one will be. Bitcoin will definitely be the first one to reach it, but after a longer period of time, such as 10 or 20 years, I am afraid there will be multiple projects that can reach the height of $5 trillion market cap.By that time, a $100 billion market cap may not be so difficult and dazzling. And at that time, the projects on the top list may not be the so-called star projects now.
| Secondly
Our team of platONworld has rich experience in privacy computing and AI-related industries, as well as investment and application experience in the blockchain industry. We discovered and invested in PlatON during the 18-year bull market, amidst the chaos of many blockchain projects, and this visionary, robust and pragmatic team of diverse professional elites was unique at the time and in the current cryptocurrency circle.
| Thirdly
The future development of blockchain will never be able to gain market position by merely innovating in public chain technology. In terms of public chain technology, no project can surpass Ethereum, because its ecology is already too strong, and its theoretical research and technical development capabilities have long been unable to surpass. That’s why you can see that even hot chains like Binance Smart Chain (BSC) and Huobi Heco Chain can only completely Fork up Etherium. As for those other more public chains, like Tron, like EOS, etc., it’s even less promising for their future.
The competition of public chains is not only about technology, but also about the ecosystem and the comprehensive ability of foundations, including and not limited to technology, brand strategy, cryptography theory, financial engineering, open source community ecology, community governance, education and training, capital operation, cross-industry resource integration, and so on.
The PlatON team led by Dr. Xiao Feng, backed by the world’s top resources and brand appeal of Wanxiang blockchain, is absolutely ahead of all projects except BTC and ETH in terms of their all-around comprehensive capabilities as far as we can see.
In the next few years, which Chinese project will be famous all over the world and really stand on the top list of global blockchain industry development is very few. Platon is definitely one of them. Maybe it will be in top 5.
| Fourthly
PlatON is not just a blockchain project, the team even intentionally weakens the role of blockchain. In their positioning, blockchain is just one of the technologies they use. As the infrastructure of the distributed economy, blockchain provides the functions of payment and settlement in the lower layer of PlatON.
The vision proposed by PlatON — Privacy AI Computing Network — is the real value of PlatON, one of the future killer applications in the blockchain world. The future projects that can reach the $5 trillion market cap envisioned by Dr. Xiao Feng will not only be public chains, but also some giant killer applications on different tracks.
Privacy computing + AI can be applied to almost any field that needs data sharing and collaborative computing, PlatON is an infrastructure-level platform, and all future user network behaviors will be supported by privacy computing technology to protect user data privacy and allow user data to flow compliantly and safely. It can be said that without the full penetration and application of privacy computing technology, human beings will not be able to go further in the digital revolution.
In the past two years, our team has discussed and cooperated with many traditional enterprises and government agencies on different levels of digital economy, digitalization and intelligent projects. From the demand of all sectors, we are confident in the application prospect of privacy computing + AI + blockchain.
In the past two years, our team has discussed and cooperated with many traditional enterprises and government agencies on different levels of digital economy, digitalization and intelligent projects. From the demand of all sectors, we are confident in the application prospect of privacy computing + AI + blockchain.
In addition, we also studied in depth the 14th Five-Year Plan and 2035 Long-term Plan proposed by China, and found that the digitalization goals mentioned in the plan have been rapidly promoted and carried out in the country. Many of these domestic government and state-owned enterprises’ digitalization projects are heavily in need of privacy computing + AI + blockchain technology to build. This will be a huge market.
China is already far ahead of the world in areas related to digitization and intelligence. On a side note, I am adamant that this is China’s time of national luck. China is definitely going to lead the world in digital intelligence-related engineering and technology and the development of related technologies and applications. Then, just like Huawei, there will definitely be more Chinese companies and Chinese teams that will be the first in the world in their respective fields. PlatON must be one of them, and must be the top one in China and the top one in the world for privacy computing + AI + blockchain.
| In conclusion
I would like to say that there is a huge market and business value potential in this area in the future, and it has just begun.
We have a very straightforward expression internally — LAT now is ETH in 2015!
A member of our team, who was an early bitcoin player in those days, did not have faith in Vitalik Buterin in 2014 and didn’t participate in Ethereum’s ICO. Later, after the main network of Ethereum went online in 2015, he slowly studied, experienced, discovered and understood the great value of Ethereum, and then get on board at 10 RMB. At that time, only Lao Mao and others in the industry were trying their best to support ETH, and the exchange also supported ETH in cloud wallet. It’s a pity that they weren’t firm enough back then, who have been shaken off one after another at different stages of ETH’s growth.
Since 2018, we found PlatON, the deeper we understand, the more research and judgment we have on the future of the digital world, the more determined we are about the future of the track PlatON has chosen, and the deeper we understand the PlatON team and technology and style of doing things, the more we are dead set on this project. It’s really like falling in love to getting married. To put it bluntly, after missing 15 years of ETH, we don’t want to miss the next LAT that will explode.
Therefore, a 100 billion market cap is nothing at all. In the official mind, that is only the first stage goal. As for how long it will take to achieve this goal, I don’t know, maybe one or two years, maybe five years, in the next bull market, LOL
Don’t mind a long time, bitcoin is also 12 years to get to the current height, ETH from the main online in 2015 has also gone through nearly 6 years. Be a long-termist, HODL , we will witness the only Chinese project worth betting on, worth waiting for, worth growing along with, worth helping to build and develop the ecology together, and achieve mutual success, PlatON will bring us reward!
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