Are More Giants Getting into Cryptocurrency after telegram?

[Pamela1966]

The cryptocurrency market is awash with news that the popular messaging app, Telegram has raised $850 million in a presale, the first step toward an eventual token crowdsale. An ICO (Initial Coin Offering), also called token sale or token crowdsale is an innovative way for businesses to raise money.

Are other social networking websites planning on launching an ICO similar to that offered by Telegram?

[Herbert2020]

there has been a lot of news like that coming from all around the world from people, companies and even governments running their own ICO, raising funds and making lots of money and then create some useless token that will never be used and enjoy the free money they receive.
the latest huge news was about Venezuela government and their coin which also had an ICO called Petro!

ICO has turned into a very easy way of making a lot of money if you know how to advertise it properly. and as a big company with a big name (Telegram in this case) you can advertise it very easily.