It is somewhat funny for me how telegram raised almost 2 billion in presale while there was no public promotion or links for their tokensale i have seen, i have they have raised all those funds from some big private investors, secondly, as telegram has a working product and successful tokensale where is there token listed and traded? And what is the ticker used for it?
The authors plan to create a fast and easy-to-use cryptocurrency built into Telegram applications. With its help, users will be able to pay for services both inside and outside the messenger - as one of the examples of using TON, the document identifies “decentralized VPN services”.
white paperTelegram and its crypto had got a great support from the very beginning. Even without public promotion it was clear that it should be loud. As its regular user, I was interested in following the project. So as many others.
No company with such a huge audience has ever held an ICO
The minimum limit for the first round is as high as $20 million for outsiders and $500,000 for “friends.” It's more like a global roadshow, with wealthy investors from Asia, Europe and the U.S. all willing to bet that Telegram's estimated 200 million users will start using their Telegram Open Network wallets, buy TON coins and spend them on goods and services on the app.
The Wall Street Journal reported that Telegram decided not to hold an ICO. Why the company's position has changed was unclear, but one of the possible reasons was that they had already got enough money... Another possible reason was their unwillingness to communicate with the US authorities. If Telegram would start a public toke sale, they could expect for more thorough checks by the SEC
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