Thoughts on the Telegram ICO?

[LeroyBro]

Gonna be the biggest ICO in history but I don't think regular people are gonna be let anywhere close to it. Probably just the whales during the private stage.

What do you think?

[cabin]

This your thread is somehow not very comprehensible. I feel it needs to be re adjusted for better thought to be pondered. But if I may try to get you right, you wanted to know if Telegram ICO is to us the biggest so far, following the big whales effect. I can only from my own opinion not be in support, since not everybody or users in the world knows about Telegram usage despite their Trading in Bitcoin. The Big Whales because they form part of Bitcoin Value determinant since they are always in the fore front of any ICO, gives them the edge many at times to indirectly control the price, but they can not to me totally dominate any Telegram ICO, for the reason I enumerated above.

[mustafayasinsenturk]

I think there are a lot of meaningless things about the telegram ico, I do not understand the exact details, so it very risky

[DdmrDdmr]

Yes, it is going to be the biggest ICO in history so far, with $2 billion hardcap fundraise in mind and $850 million already raised through private sale. The rest should be raised through a public ICO by around end of March.

The ICOS Token, TON, is intended to be used for various purposes (paying commissions to validators, stakes for validation, payment for proxy services), apart for paying for goods and services.

What crops up as one the most exciting features is their plan to use their 180 million Telegram users as a base to spread TON as a mainstream payment method, baring the potential to be a wide spread accepted cryptocurrency.

TON boasts of being a third generation blockchain solution with a much greater scaling that BTC and ETH.

If Telegram community adopt TON and are attracted to the products and services to be offered, it could well become a success, having in its favor already a large potential community of users and a big hype around it from investor. Product will not be deployed until Q2 2019, but it does have some proof-of-work milestones until then.

The cap is massive, which normally for invertors isn’t necessarily that great, but potential to mainstream is there which is where value could boost.