Thursday, 25 January 2018

Telegram Want to Make You Rich, Plans Multi-billion Dollar ICO for Chat Cryptocurrency (TON)

Telegram Want to Make You Rich, Plans Multi-billion Dollar ICO for Chat Cryptocurrency (TON)

This is really going to interest alot of you especially Telegram users and fans.  Telegram intends to  establish its own Blockchain platform and cryptocurrency, cool rightt?. And Telegram new platform will be dubbed  “Telegram Open Network” (TON) which will be based on an improved variant of Blockchain technology.

“Telegram Open Network” (TON) will be a new, ‘third generation’ blockchain with superior capabilities, after Bitcoin and, later, Ethereum paved the way.

Early this year, Anton Rozenberg, a previous laborer of Telegram's distributing division Telegraph made the primary reports on this new stage . Rozenberg posted on Facebook what he guarantees is an advertorial to its new stage. He likewise called attention to that TON would help those beneath severe governments, since they'd have the capacity to exchange money locally by means of the informing application.

TON is going to be known as “Gram” and the platform will be integrated with many of the most popular messaging apps (it's not yet certain which ones). The platform will utilize light wallets, making it unnecessary for users to download a big and unwieldy Blockchain.

→Also See: Virgin Mobile 40GB For Only £18 Per Month - Huge Data Deal

TeleGram ICO

Telegram is understood to be considering raising as much as $500 million in the pre-ICO sale at a potential total token value in the range of $3 billion to $5 billion. However, those figures could change before the ICO, which could come as soon as March.

A pre-sale in an ICO is a minimum cap on investments (sometimes with discounts) to attract big investors (‘whales’) before a wider token sale to retail investors.

The TON platform also will not need to go through a multi-year bootstrap period like new platforms, because the Telegram program already boasts 180 mln users.

Telegram is already hugely popular with all the Blockchain community, as cofounder Pavel Durov proclaimed: “Like right now, the entire Blockchain and cryptocurrency community just switched to Telegram.”

The currency will be listed on external exchanges and used inside the Telegram app.

Also See: Telegram V4.7 Comes With Multiple Account Support [ Download Here ]

Timing-wise, the main quarter of this current year will see the dispatch of the Telegram External Secure ID, trailed by a MVP of TON. The dispatch of the Telegram Wallet is slated for Q4 2018, and the formation of the TON-based economy could dispatch in Q1 2019. Whatever is left of the TON Services would follow in Q2 2019..


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