Bitcoin Forum

Hello, everyone!

As you know or don't know, GRAM tokens will be distributed to their buyers and will be sold in the market.

However, current pricing as I can see varies from 3$ to 5$ per token.

I don't know exactly the technology behind and actually I am not interested so, the thing is do you believe that GRAM token can skyrocket once launched?

There are many factors why it should and why it shouldn't.

Does anyone know at what price all those VC's bought GRAM tokens?

I saw there is happening some reselling of GRAMs before they are live, for example on ExMarkets exchange those tokens are priced at $3.30 currently. If on the first day it will be listed at 5$, I believe I am going for it.

link to exchange - https://exmarkets.com/launchpad (https://exmarkets.com/launchpad)

Looking for your opinions!

What is the meaning of VC's?

Here is what if found https://www.coindesk.com/telegram-finally-confirms-its-behind-ton-blockchain
You can see there ,what price they bought GRAM tokens the price is around 0.37 $ -1.33$ for each token.

Hi, Cryptotaran.
I bought from exmarkets.com too, couldn`t find those tokens anywhere cheaper. I had luck to participate in the first round at 3.2UD, although 3.3USD in the current round is still much lower price than anywhere else on the market. Looking forward to TON blockchain development and token starting to circulate;)
best regards,
Anton

And how did you bought it there? As i see in that exchange the selling will start in 1day and not yet available at this moment and there is no way you can buy it now.

No one knows if it will skyrocket after the launching. But you should understand and take the example from other coins that after the launching, many are starting to dump that coin for profit. It's still an altcoin and regardless of its name, there will be investors that will take time to profit after waiting for its live. That's why if you think that you are done with it and you are in profit, sell it. But if you think that there's more for it and you can wait a little bit, your decision.

this is a huge company issuing a token to boost their performance overall, not a random startup copying another one and saying their tokenomics are unique.
This is one of the few projects from the last couple of years that show potential, IMO.

I am really hoping that it will have the same story as ETH, since they have raised so much money, I feel like they are going to spend lots on market making to stabilize the price and keep it growing, however, it's biggest and most known ICO, everyone knows it, so marketing, in general, shouldn't be a problem for them.

Round 1 and 2 is already done but now they do have IEO on exmarkets having that $3.5 each/TON- GRAM? https://exmarkets.com/launchpad/grm-btc

I dont know if there were still people would buy out those tokens for that price and talking about possible price when its already being trade up
will always be unknown but it would be either higher or lower into its offering price and also it will depend on the hype as always.

 $3.5 each would be too much for a coin that you don't even know what its use in their messenger app. Whatever factor it is that OP said that will affect the price to go up will just be ignored by the traders. Its those private investors that will be the first to dump here so you can just wait and buy when the market is over sold.  Is GRAM really worth investing?

I believe it's Venture Capital, A company that finances a project that they saw the potential to gain a profit. In layman's term, Whale investors
 


It will skyrocket downward  :D. They collected a whooping 1.7B USD in there token sale and I believe those early investors got a huge bonus on their purchase. So applying common sense and logic then obviously whales gonna sell a part of their token to guarantee their ROI. Don't expect that it will skyrocket on the early stage. Wait after whales shakes off there bags then that's the best way to enter. But I don't see what investors saw on telegram. LMAO

It's just a feeling but we will not know if this coin is like going to be the same as ethereum. It's still far from that assumption because it just started out. I think you've invested much money on this coin and hoping that the price would pump crazily.
They are marketing the project before but now that after the sale, the updates were not loud anymore.

So they are selling "IOU":s .Usually the IOU:s speculation price has crashed right after the coin goes live and is tradable freely.
In this case, imho it's quite obvious to me when you look how much GRAM sold on the sale phase. It would need to have that same buy pressure and major altcoin bullrun to hold it.

why is IEO held on EX Market? whereas Telegram is a big project like Facebook,
GRAM should be able to be list in Binance or Bittrex and make investors believe that!

Wow good info to know but man talk about over valuated
they are basically selling a msn messenger and valuing it at 5 billion dollars lol
3-5$ a coin, thats insane, its gonna drop so fast its not even funny  :o

indeed the supply of token grams is very much even at this time there is still no program that can use the token meaning that demand is still very small and it is certain that the price of the token will be very cheap because there is no demand because I know the price of cryptocurrency depends on the existing demand and supply.

But the differentiation in the rate of any exchange sites will create a lot of noise in the future. Some bought that in the cheap rates and the rest buy that right now in the high rate for each gram token.
The usability of the gram token is also not clear whether it will be used as utility or security categories based on Howey test of SEC.

First few days of sales things will definitely skyrocket but is just the thing with crypto it might likely fall back and bleed for a while Me I will just stay back and wait to see how it turns out Maybe there will be some deeps

We dont know if that was the Real GRAM or just using popularity of GRAM tokens . GRAM will be available in the market by the end of this month.


The GRAM ICO has been finish already a year ago and raised morethan 1.7 billion USD.
There is official announcement that Telegram token will first be available in exchange in blockmoon crypto exchange
Source https://www.google.com/amp/s/www.coindesk.com/little-known-exchange-claims-it-will-be-first-to-sell-telegrams-ton-tokens%3famp .

OP can you update here how much the token listing price was for GRAM?
I actually almost forgot about this, I wanted to take part last year during the ICO but then it wasn't really available to us small people was it?

If the price dumps on listing, I would buy a little maybe. I actually STOPPED investing in tokens but since I know Telegram is being developed bigger and better, might be worth having some of them.

This is sure tokens I would love to get on if it is truly from telegram. I can remember buying into an ICO some time back which was paradaed as Instagram tokens but at the end of the day, it turned out to be a scam. But I'm kind of hopeful on this one, would love to see how it turns out especially after listing.

I don't really understand the extent of the hype around this project.

I think that it is obviously justified for there to be some interest due to the fact that Telegram is such a big company and very influential in the cryptosphere, but nothing suggests to me that the ICO that they are proposing has anything special attached to it that would inspire particular investor confidence.

Seems like people are just rushing to invest just because of the company name without looking at the long term potential of the token. Sort of like BitTorrent, if you ask me.

Telegram happens to be the social media app I use the most than any other I have lately, so it would be nice to own some GRAM tokens but for it's current price seem a bit pricey,  maybe price will go low once it goes live, after all this is the normal trends of tokens this days, once listed on exchange price normally dump, so I will wait a bit and see how things turn out, no need to rush.

There are many supporters of this gram token the price expected to start at 3$. since there are also big investors participate in this ICO i think the price will not go lower and expected to be much more expensive  becuase of hype happening now.

Most if not all in crypto are using telegram since most of the teams developing a project are there as part of their channel to announce what i going on. I don't however see it would go up the moment its in the market unless the price starts very low like $0.01. When they say $3 and lets say I got about a million of the token, I might just login submit all the documents I got for KYC just to dump. There would be 1 in a million of the investors who wouldn't think this way.

After lauching it takes time before for a project makes a progress mate . So its very difficult to predict if it has a chance to sky rocket after that.  By the wa if i were you search for some sort of finished projects or go to CMC and look for top altcoins if you want to accumulate few dollars . because to be honest that coin is uncertain because of being not popular and seems new in my view.  I suggest think carefully before doing anything mate to avoid regrets at the end .  Regards

If the altcoin bear market doesn't turn around by the time GRAM token become live, rest assured the price will dump badly. No reversal signal on altcoin prices means almost all speculators, traders and investors are still staying away from buying any altcoin or token.

But if altcoin season begins, expect a rocketship.

Telegram is one of the best chat platform where most crypto enthusiast, projects, ICOs gather together to communicate whmith each other. Well, it is a huge company who had sold a huge amount of money in their crowdfunding and I guess it would be helpful for them to develop their platform even better. So, I guess this will be huge for both investors and tmTelegram it self. It all depends on how well the team and the investors carry the price of the token once it is unlocked and ready to be traded.

For people from US that have already bought or reserved gram tokens in some crypto platform or exchange site may have to refund their money

https://www.sec.gov/news/press-release/2019-212#.XaD52qG70Iw.twitter

SEC is starting to catch TON.

Finally, US regulator has already taken action against TON. it's really interesting to see what will be happening in the future, another libra? maybe

but where will IEO be carried out? I see the first page that IEO will be implemented on EXMarket?
Is it true? even though Telegram is a big and good project

I think GRAM will not get high prices. there are so many bad conditions that its price drops compared to the price of IEO or ICO. The bear market is still there and these days bitcoin is heavily traded, which is a sign of the dump in the coming days.
The market is still not growing, GRAM being launched these days will make its value drop like HBAR.

So, it's the best time for us to buy it right ? , this token has a very high potential to grow since almost every crypto person has telegram somehow that's for chating or hunting airdrops.
This is a worth waiting for project.

the what the telegram token ? the introduction price was said to be 3usd to 5usd  . that price was high so its a no for me but i dont know about you if you can afford it then go   .

 since telegram is a popular platform , i think their coin can easily skyrocket if ever they' announce or promote it succesfully  .

let us all hope that this gram ( telegram token )will be a way for the alts to recovery and pump   .

Have you guys checked the latest information about Telegram (GRAM token)? there are many media reporting it,
look at what SEC said about this project and their sale:
it is very likely for the investors to get refunded because of this, that means it is over for them. There will be no altcoin season because of this or whatever you want to say.

nope. they are refunding US investors but not the ones outside US. SEC didn't make it clear but the crackdown are just those from US, its not the end of the project but will still continue. SEC seem to be getting alarmed at every altcoin projects where there are US investors. its over for the US investors in crypto, but of course they still can find ways. this must be because of so much hype, that is why GRAM is now noticed by the SEC. the law only applies to US citizen.

From where did you read about the refund of US investors? from what I see, SEC would likely to permanently stop their project.
look at this:
I do not think this is as simple as refunding the money to the investors and then making a new sale after this happened.
they are running a business under US jurisdiction, SEC has a right to intervene with their conduct.

Guys, maybe I'm wrong, but as far as I understand the already existing information, the Securities Commission temporarily suspended the project because it considers the initial sale of tokens illegal.  If Pavel Durov solves this problem, then work on the project will resume anyway.

Yeah according to the article it is a temporary restraining order file against the company,  but how will such a well known company carry out an unregistered token offering without going through proper registration process, they never
thought about  the sec! I wonder what will happen to investors, whether they are going to make refunds or it will be resolve soon enough, this does not look like a good beginning.

Come on, You and I know there's no way they'll carry out a token sale without a legal counsel in place. If you had taken time to read the article further, You would've seen the sec is a more concerned because Telegram provided very little information regarding Grams and Telegram’s business operations, financial condition, risk factors, and management that the securities laws require. Also It's unclear if GRAM tokens are securities.

You said it yourself     "because Telegram provided very little information regarding Grams and Telegram’s business operations..... "

why withholding the required information necessary to validate the project especially after raising such amount of money, maybe if they had presented this information in the open the sec won't be on their tail, they have legal advisers, they should know better, am just stating the reason why the temporary delay according to the article, I don't need to go any further because the main reason was already glaring.

yes, the SEC has stopped selling GRAM tokens in the US. because GRAM tokens have many problems, and mainly about legal regulations. so GRAM must return the funds of US investors. but that might only be for US, I think gram will continue the project without US investors.

The recent precedent of the TON project team with the US securities commission SEC could cause serious damage to the reputation of the Gram coin. Many already even doubt, and whether Pavel Durov will be able to distribute to all investors private keys and coins till the end of October or perhaps this term will be corrected. Bad news for the community.

Bad news for all crypto enthusiasts, worse news for all GRAM buyers in the US. This is a below the belt move actually on the part of the SEC. They should have stopped the sale in their jurisdiction before the offering took place and not before the distribution. What will happen now to all investors? Either Telegram will make a refund to the US investors which is certainly huge, or pay the ransom to the SEC, or withdraw distribution in the US without paying at all.

It is already 4 dollar rate in their site it will be worth selling after dumping soon, 4 dollar is too expensive for the investors I dont know if the 12 million supply is already sold out and when it will be available in the market for trade?

I didn't expected that Telegram tokens would be initially offered in exmarkets. I am expecting more in binance or kucoin, somewhat one of the biggest exchanges there is. Anyway, what's the news regarding the halt of the IEO?

Just wait for official announcements from team members.  As far as I know GRAM tokens cannot be sold, it is forbidden. Those who are selling are going against Telegram team decisions and can easily be scammed at the end.

The SEC is claiming that the telegram team did not register with them about the sale and it is illegal according to them and hence they issued the restraining order. It is interesting to know whether they will continue with the launch by the end of this month or will try to sort the issue because the team should know that they will be facing these legal issues when they planned the project .

I'm sure Durov&Co will find a solution with SEC. And now it's a good reason to postpone the release. Simply manipulations and nothing more.
As I see team works with SEC and today they have been surprised such a decision, I think some whales can't buy and be initiated in such way. SEC doesn't want to allow real independent and uncontrollable competitor for USD and Libra.

If there's going to be a refund, it will be only to the US-based buyers who are only about 31 entities/persons which is 14.6 percent of the total dollar value raised in the ICO sale.

I think this is the most logical "next steps."

No it won't be live in few weeks. The SEC has halted its distribution, so I don't know what they'll do now, but it would be very complicated https://www.sec.gov/news/press-release/2019-212

The court is the only solution consider about telegram has violated some law in the US regarding its illegal security offering for US customer. A lot of platforms have already started to refund the money from US buyers.

Look at kin and it gives you a lot of lesson how difficult to deal with SEC.
This is not a competitor for libra or USD and please read more and try to understand more about what TON coin is.

this is crazy. It is actually a rather thoughtless act of CEO of GRAM when they sell their tokens at a low exchange. This is a big mistake because the community will think this is a project that is lacking in capital and needs to be mobilized a lot at reputable exchanges.
I think the future of GRAM is quite unclear if their CEO keeps coming up with these solutions.

The fact that exchanges resell the Gram token before its official launch may indicate that they are afraid of the latest news that the US securities Commission SEC has banned the sale of Gram. Perhaps the exchanges do not believe that the project network will be launched on time. In any case, reselling Gram tokens, these sites already have a good profit and may just want to fix it and invest in other projects.

And again,,, what does it teach us about centralized projects? That they just simply have too big a point of failure. I think we who believe in decentralized tech have to choose a side. We want to play buddy buddy with regulations and then comply? Or we want to try and make things as transparent and democratic as we can? Choose the side!

The United States has secured a temporary suspension of the initial placement of tokens in the country and abroad by Telegram and its subsidiary TON Issuer Inc. The agency believes that operations with the Gram cryptocurrency were carried out without the necessary registration. So, Telegram might have problems (temporary, I believe) in the nearest month, but GRAM will live I am sure.

TON blockchain project launch has been pushed back already. Telegram said the deadline would be on April 20 next year! And they also said the deadline could be extended with the consent of the investors. If you are a second round investor and majority of your lot rejects the deadline extension, you get back 77% of your investment.

Telegram's GRAM token launching has been paused for now and I think SEC will not allow it very soon. Everyone was very excited to see the TON blockchain in live! But now investors are worried about the current issue. I believe Telegram will overcome all the obstacles over time and 1.7 billion USD would not go in vain. Crypto needs Libra, TON badly to get massive mass adoption.

It seems to me that Telegram has a much better chance of implementing its project than Facebook has.  With regard to Libra, many leading countries, including the USA, France and Germany, spoke negatively and at the same time, a ban on the implementation of this project has already been passed.  But with TON, the situation is completely different, since SEC only recognized certain violations at the start of the sale, which in my opinion can be corrected.  I hope that no sanctions will be applied to Telegram and TON will be fully implemented by the team.

It was reported that the launch of TON has been postponed to April, and I think there are both pros and cons to this, but so far I see more disadvantages, because the team has not had time to implement their project

For the hype, sure the gram token will get a very good profit, because the supply is very little and the announcement for this coin has been on for a very long time now which people are willing to buy, and exhausting 2 million token is really nothing to people, for the fact that gram is a very good project and not a scam coin.

So many investors are looking for coins that they can invest in and be sure that it is being handled by a solid team and we know the role that gram has really played in the social media platform for a long time now, so I think that gram coin will really give lots of profit, and I wish I can also buy from it, but the supply is still low that it will get sold out easily and the starting price is very cheap for that $3, this coin might grow to $10 after the sales.

where did you get the news? That's a bad thing and i also invested on gram. I don't know what's going to happen eversince this SEC is holding back big projects even the team is coordinating way back in the past and now when gram is successful and scheduled they are opening up for a possible case that they can issue. This is only for my own opinion

you can read about the delay here https://cointelegraph.com/news/tons-force-majeure-clause-is-telegram-about-to-refund-investors
from the news above, it seems like they are going to "keep" investors money until the date. Unless you are a US-based investor, there will be a way for you to take it back if you are insisting to.

Look at the bright side, fellas. Take note of the date: April 20, 2020. That's a month away from Bitcoin halving. So it is most likely that Bitcoin will get a price boost before,on or after the halving which is just in time for GRAM listing in Binance or other exchanges, it might not get dumped at all on listing.

Thanks for sharing the link. I think that is much better and so the US citizens that invest is the priority of this SEC regulation and to give them options to refund their investments. That's a big percentage to overall investors.

Anyway, just like bustedsynx said, and if we think of the bright side. There and there's a lot of good things if the majority of the events in April will be good just like tgis past april that leads tge bitcoins price pump. I think we need more time and in that case they can work with other technicals while waiting for the launch.

I seem to be in the same mind as you think that sales seem to be very tempting. now it is entering the 3rd period, but can it guarantee when the sale is finished that the price will not go down? can not be ascertained because we know crypto is currently in a bad state.

There is no guarantee that the price will not dump because of the hype that is already existing on ground, investors will surely rush to buy the coin and at the initial stage, it will surely rise, but there is no assurance that the value will be sustained because I have not really understand the whole technology of gram network they really have to offer us. You will not believe me if I even tell you that I understand this Libra coin that is even yet to be released more than telegram coin.

I think that they are even having issue already with the coin as I heard that the sec has sued them or so for launching the ICO which either has raised the billion dollars involved or yet to raise it. I would really not rush to buy the telegram coin now until I am really sure of their stand and how it will work so that we don’t go and be victim of whales when they buy the coin to dump it which I equally know that whales will be active in this coin.

The GRAM tokens by the Telegram will be a revolutionary coin like the top10 coin. So, holding of this will be ,ore beneficial in a long term basis. But after listing of this coin maybe rise but it would be temporary. So, wait for the right time to buy this coin bellow $1 so that the down side risk will be lower.

I just found a lot of confusion about this project.

1. The token sale system

Simple Agreement for Future Tokens (SAFT)

They sold the gram token on private sale for 0.37 USD at the first round SAFT and for 1.33 USD at the second round SAFT.

There's an agreement for those buyers/investors to not sell any of them until the official distribution made. Just look at this purchase agreement I got from coindesk ..

https://static.coindesk.com/wp-content/uploads/2019/08/%D0%A1%D0%BD%D0%B8%D0%BC%D0%BE%D0%BA-%D1%8D%D0%BA%D1%80%D0%B0%D0%BD%D0%B0-2019-08-05-%D0%B2-8.42.22.png

Aaaand there's quoine..
Liquid...
Gram Asia...

Announced that they are selling the tokens for $4 each which I believe these sale is not official, I mean it's clearly stated that nobody allowed to do so.

Another thing makes me confused that there's GRAM/USDT trading pair on digifinex since few weeks ago , the price @1.8 USDT!

How could this happened?

2. The roadmap

The roadmap seems out of the track several times , the stable TON scheduled to deploy on fourth quarter 2018 but then delayed .
And now the token distribution delayed to by the end of first quarter of 2020 ... possibly early second quarter 2020

When they started the private sale they had a deadline of October 31 to launch the TON if not they will refund every investor and now the SEC has interfered in that it all depends upon how the investors will corporate with all these legal battles, things are looking gleam for the Telegram team to launch this project and if the majority of the investors decline their approval to extend the release of the TON then they need to start refunding everyone and it will be another loss for the team, it all depends on how the team will handle all these hurdles.

It will be all depends on its investors but i think there is a a big chance that the majority will wait and agree to extend the launch rather than refunding their money. Asia is big contributor but it was also a big percentage in the US investors that can be a downside to telegrams total raised. Hope everything goes with the plan and they can pass in this SEC lawsuit.

If the regulators keep on creating issues for their launch then there will be a level of patience for any investors and they do not want to see their money being held ideally doing nothing and they might ask for the refund and no project will be successful challenging the government, either they have to move out to countries that will accept them or to follow SEC and make the changes they want.

If everything goes smooth for telegram then it will be great but the question is whether the SEC will come out and force them to extend the release at that time is yet to be seen, the authorities are toying with the project and there will be investor pressure for the team to finalize everything and that is a big task for them, if not for the authorities they would have released already and now we can only speculate what the future will be.

I heard that telegram offering their investors 77% refund if they don't agree about this postponed launching, quite huge loss and smells something really wrong. This might be the reason why early investors breached the purchase agreement ( I have mentioned above ) .

Those early investors making contracts with several exchange companies to sell their tokens which it's clearly stated that kind action is not allowed based on the purchase agreement , the second and third party buyers probably will never receive the tokens in the end due these confusing scheme. Idk exactly but that's my observation so far ... looking for an answer here and there it seems people didn't interested or have no idea what's going on?

I personally seeing this situation as an opportunity.. a token worth $4 now on sale only for $1.7 and getting lower day by day , take it or leave it.

I would love that, this would put a nail to the ICO or crowdfunding scheme.
This was pretty much concentrated to make gains by those early investors, we dont even know if there was a money collected.

Investors Reject Refund (https://finance.yahoo.com/news/telegram-token-investors-reject-refund-101519866.html)

It's a greenlight! You might need to load your bags with the gram token now... before it flew away. There's 6 month to go till the scheduled distribution time on April 2020 and we have digifinex selling the tokens under the market value that supposed to be $4 just like what any other exchanges do (liquid for instance).

Even though it's beyond belief that things could back on the track , no more delays, no more surprises, this token has been hot topic quite a while .. even there's some analysts predicted that this gram token could potentially worth $20 by the distribution date.

Hell yeah take that risk? You can't skip over these huge opportunities all the time.

Definitely, so the thing here now is what will be the outcome if the launch will be delayed and in the refunds if the investors will take their money back on it. Let's wait for the next news or announcement that they will release. In general i think the price will be affected here or it depends on the overall market which is a big factor to consider by the time of its launch.

We all have seen what happened with Telegram few days ago. But the good news is that almost no investor is afraid of difficulties and they are still on board and will support team members until the further launch planned in May 2020.

It's just a future coin and not only digifinex but some exchange sites have already launched the IOU for gram coin. For me, that looks so horrible to see that consider the IOU will always drive the price of coin to the bottom price.
AFAIK liquid has already traded gram too but CMIIW.

gram token doesn't seem to be very profitable because gram token is a chat-based platform and how can the chat platform be used for transactions and what is the use of coin gram if there is nothing interesting in the telegram so I think gram is difficult to develop.

The media is spreading news that the TON team was able to convince investors to postpone the launch date, which is scheduled for April 30, 2020.  If we succeeded in convincing the investors, it means that the TON project implementation process will be launched.  The launch of Ton was planned for October 31, 2019, but we all know that this would not happen for certain reasons and the developers would have to return all the funds of investors $1.7 b.

I see your point about IOU and fully aware about that , it's like trading the coins purchased by early investors during the ICO without need to wait for the official listing right? It's illegal but they continue doing so as i stated several times in my posts above that selling gram tokens in this way ... people risking themselves to get nothing in the end , the official purchase agreement says ' there's a restricted period that investors shall not sell the tokens in any ways '

People who bought through this way might won't receive the real tokens in the end. Do you think is it the risk worth taking? The price getting drop as time goes by....
Liquid sale is over CMIIW ... so it's different with what digifinex doing to list a gram/USDT pair , the gram token actively traded there now.

Those who bought some on liquid with price tag of $4 is in pain now looking at digifinex trade it for below $2 and possibly getting lower. Is it a bad business ?

I am also quite confused about the whole gram project because there has been too many drama around it and why would they offer 77% refund when they know that there would be people that might want to their money back which I know that this is still part of the scam we are talking about because why would they not have planned very well before they start launching the project, and they would have also sorted their issue out with sec first before they launched it because I think the reason why they suspended the project first is because they had issue with the sec which I think they had to even be sued by sec for launching the project against their approval.