> For the complete documentation index, see [llms.txt](https://docs.xdfi.net/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.xdfi.net/tokenomics/intrinsic-valuation-of-ttt.md).

# Intrinsic Valuation of TTT

## Summary of Estimated Values

|                             | 2024 4Q | 2025  | 2026   | 2027   | 2028   | 2029   |
| --------------------------- | ------- | ----- | ------ | ------ | ------ | ------ |
| Protocol Economic Scale     | $8M     | $376M | $729M  | $1.27B | $1.5B  | $1.9B  |
| Intrinsic Value of Protocol | $361M   | $634M | $1.0B  | $1.2B  | $1.5B  | $1.7B  |
| Intrinsic Value of TTT      | $4.80   | $8.34 | $13.59 | $15.89 | $19.54 | $21.72 |

## Report

Click below to see the full report.

{% embed url="<https://github.com/counterfactual-network/reports/blob/main/valuation.pdf>" %}

## Disclaimer

1. This valuation report is based on specific assumptions. Changes in these assumptions can significantly affect the valuation. The valuation may vary due to such changes, impacting investment and other critical decisions. Users of this report should consider this possibility and exercise caution.
2. The valuation is based on market conditions existing as of the valuation date. Market conditions can change rapidly, and such changes may significantly impact the valuation.
3. The valuation involves professional judgment and estimates. While reasonable efforts have been made to ensure the accuracy of our work, the conclusions are inherently subjective and may differ from the opinions of other professionals.