Good day. Dear community
The Creator of the telegram messenger Pavel Durov can present the blockchain platform Open Network (TON) at the world economic forum (WEF) in Davos (Switzerland).
The forum will be held next week-from 22 to 25 January. According to the media, Pavel Durov has already visited this forum in 2017, but did not take part in official events. The presentation of TON on the WEF can give a much greater effect than the usual announcement in the middle of the year.
The crypto-currency community learned about one of the most interesting and promising projects of the crypto – space-the TON (Telegram Open Network) network at the beginning of last year. In autumn, it was reported that the work on the long-awaited project was completed by 70%. According to the report of the TON team, some blockchain components were already 95% ready. In particular, we were talking about a virtual machine (similar in characteristics to the Ethereum virtual machine) to perform smart contracts in TON, which, according to the developers, is almost ready for use. Tools for smart contracts are ready by 50%, whereas for the generation and validation of blocks — only 10%.
Subsequently, it is planned to transfer the work of the entire messenger to this platform TON, which was developed by the team of Telegram founder Pavel Durov. The platform is sharpened to bypass locks and tracking. It is planned that the TON platform will process transactions faster than The bitcoin and Ethereum blockchain platforms, the system will use the Gram cryptocurrency and Telegram wallet.
Previously, the project has attracted investments in the amount of $1.7 billion Among large investors was the name of the owner of DST Global, a former soledades and Chairman of the Board of Directors Mail.ru Group Yuri Milner (the amount of investment in ICO of $20 million.), son of Roman Abramovich Arkady ($7million.), the founder and the largest shareholder of the payment service Qiwi Sergey Solonin ($17mln.), billionaire Alisher Usmanov ($7million.) and the billionaire co-owner and Chairman of the Supervisory Board of the consortium "Alfa-Group" Mikhail Fridman (5mln.), as well as the founder of a major Russian food company "Vimm-the bill-Dann" David Yakobashvili.
In early January, it became known that Pavel Durov liquidates Telegram Messenger LLP, entered in the register of Roskomnadzor. Durov filed an application for liquidation of the company, signed on December 19, 2018. According to experts, the liquidation of a legal entity appearing in the claim of Roskomnadzor will not affect the position of the messenger in Russia. And also believe that this may be due to the launch of cryptocurrency. Experts believe that the reason for the liquidation lies most likely in the upcoming drastic changes in the structure of Durov's business, which in addition to the messenger includes other projects, such as a platform for cryptocurrencies. According to the investment Memorandum, the developers of TON planned to launch the platform before the end of 2019, otherwise they will have to return the funds to investors who invested in the ICO.
All health and profit.