Telegram Popular Messaging App want to make ICO Users rich by establishing its own Blockchain platform and cryptocurrency.
The new platform will be dubbed “Telegram Open Network” (TON) and will be based on an improved variant of Blockchain technology. These will be a great news to all cryto lovers and also be a new, ‘third generation’ blockchain with superior capabilities, after Bitcoin.
TON is going to be known as “Gram” and the platform will be integrated with many of the most popular messaging apps to utilize light wallets, making it unnecessary for users to download a big and unwieldy Blockchain.
ABOUT 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. But those figures could change before the ICO, which could come to past around March next month.
A pre-sale in an ICO is a minimum cap on investments (sometimes with discounts) to attract big investors 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 now well known with all the Blockchain people group, as fellow benefactor which made the whole Blockchain and cryptographic money group just changed to Telegram.
The money will be recorded on outside trades and utilized inside the Telegram application.
Timing-wise, the principal 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 production of the TON-based economy could dispatch in Q1 2019. Whatever is left of the TON Services would follow in Q2 2019.