Unlike other “Sub Dollar” tokens, Sentinel ($DVPN) could possibly hit a value of 1$/token in the future. Using current market data and historic trends; I’m going to explain that it’s not a question of if, but when, and most importantly for how long?
r/cc is good for market speculation.
From what I’ve read, analysts expect the total VPN market to reach $107 billion by 2027. It is currently at a total of $35 billion. For me, it would be a stretch to believe that DVPN could possibly approach almost half the market in 6 years’ time. Of course, this is if all DVPN tokens were released and somehow not burnt or lost.
The hard part for me to process with coins like AKT and DVPN is that there are few if any competitors in the crypto space, so I can’t compare and predict potential market caps for each. I think there’s potential for growth, given that in the end, Sentinel is a new VPN company that has a first-mover advantage in alternative payment tech, but to even reach $1 billion, I believe there needs to be a fundamentally different perspective on VPN usage to make people pour money into the space.
I don’t really think about whether coins will hit a certain price, but rather will hit a certain market cap. This helps me understand where smaller coins may be and if their features justify a certain price. Given DVPN’s lack of comparability to other projects, I tend to compare it to AKT, because that is another in the company-using-alternative-payment-tech genre, even if the company has a different use-case. Given this crypto genre, I ask my self would a VPN/Server company at this stage in their development deserve this type of market cap?
While I enjoy the enthusiasm for DVPN, and believe they have not only the potential to disrupt the VPN industry, but also capture a sizeable share of the VPN market based on the ability of other companies to build their own product on the network, getting to a $1 in 3 years is a bit optimistic and would require a significant growth in the VPN market, particularly as from what I could find 30% of the VPN market is made up of users who use free services. Getting to that valuation would likely require a big partnership with an existing company, or companies, which is still not out of the question given the consolidation that has been occurring over recent years.
Things would still have to break favorably given that VPN market is currently only a $25-3$30 billion industry, and is currently estimated to only reach $75-$100 billion in 2025 based current trends. A DVPN token at $1 would equate to a $13.4 billion market cap, and thus capturing 13-18% of the global market. Capturing such a chunk of the market would make it one of the top 5 VPN providers. Currently, the top five VPN providers have a combined 30% share of the market. Given that, a 6-10 year timeframe is a a more conservative estimate of when DVPN might reach $1. Even with that conservative timeframe though, DVPN is still a very attractive buy today, particularly given the staking rewards.
On a shorter timeframe, given current trends in the overall crypto market, I personally believe DVPN will easily surpass its all time high of $0.05 as the the Cosmos ecosystem grows, and also believe the Cosmos framework for interoperability makes better sense than that of its main competitor Polkadot, and will outweigh the advantages DOT has in its tokenomics. Plus, other decentralized VPNs are on ETH, and given its high gas fees, bandwidth mining, staking, are much more attractive on DVPN and also attract smaller investors which allows for a more natural and sustainable growth., My personal hopes/estimates are that DVPN price will conservatively reach at least $ 0.06-$0.08, but shooting for $0.10-$0.20, and optimistically hitting $0.25 sometime before the end of 2022 given the trends and progress of the DVP and Cosmos networks. Particularly excited by the fact that Comdex will supposedly allow DVPN tokens to be exchanged on their platform for their native tokens for synthetic commodities trading. This provides an option of where one can easily reinvest their staking rewards to diversify their holdings, giving the DVPN token added utility,
Just my two cents on why I hold DVPN, and have bought more as it still hovers under $0.03.
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Lazy post honestly, his whole thesis is just “If crypto go up, DVPN = 1$”. He didn’t talk about sentinels potential market penetration as an actual vpn.
How does DVPN work as a vpn and how do to tokens come into play? I currently use nordvpn, is there something that makes dvpn better?
Nah it’s just a circlejerk of few projects they hold a bag of
You’re figures regarding the VPN industry is something I went back and forth considering when initially doing up this post. I chose not to consider them. I believe that due to the fact that a significant amount of Crypto investors use price/market cap as the determining factor for investing, rather than an interest in a project/industry. While traditional VPN market caps are more of a reflection of a traditional product based value. Nobody is buying a VPN service just because they are looking to make a profitable investment.
It’s a completely decentralised framework for VPN applications. Allowing anybody willing to run a node to do so and be compensated for it. It removes the middleman from the equation allowing users to connect directly to nodes without a service in between taking their cut. It also eliminates issues with traditional services such as questionable transparency and issues regarding log keeping and privacy concerns.
The tokens are used to pay for the bandwidth you consume. They go directly to the node host, minus on chain transaction fees. Whereas nordVPN charges a flat fee regardless of consumption, provided you don’t exceed any soft caps. The significant difference is you only pay for what you use.
ALGO is the future. It’s an underrated token that I can see flipping ETH in the next few months. /s
But have you heard of Ergo?
Never to early to start applying such traditional analytical techniques and thinking in such a manner as that how institutions money will make their investments, and that money will be starting to gush in soon.
Investors in VPN services are also of course looking to make a profit from providing such a service, which is which is why many of the current market leaders charge for such a service. One of the top reasons why I bought and hold DVPN tokens is because I expect to make a profit when I sell them. I believe in the mission and its purpose, but because buying DVPN tokens isn’t considerable charitable donations that I can write off on my taxes.
Post these type of comments in serious tone there and you should be moonllionaire in no time.
Ofcourse, it’s a top 10 project because CH said so. Once Eth moves to PoS, all miners will bow to Ergo and will flip BTC.
Due to the fact DVPN isn’t just an asset but also is a form of payment for a dVPN service is it possible that you could write it off as a purchase of “credit” in relation to the usage of a dVPN service? I’m not to familiar with your countries tax regulations, but some clever wording could allow taxes to be evaded on tokens like dVPN which are designed to be used as a payment for a service vs traditional Cryptos which are solely an asset in which a project derives funding.
True…it could be written off as a business expense when you use it for their service. That didn’t cross my mind. Good thinking!