22/02/19 09:00 UTC-4

Telegram Open Network: contracts with investors may be terminated

Telegram Open Network: contracts with investors may be terminated
Contracts with Telegram Open Network investors can be terminated

The TokenToken
– is an accounting unit that is used to represent a digital balance in an asset.Details
Gram and the TON (Telegram Open Network) platform must be launched before October 31, 2019, otherwise all agreements with ICOICO
(Initial Coin Offerings) is an acronym, which means a primary currency offer. Details
investors will be terminated. The document, which was compiled on behalf of Pavel Durov, marks the deadlines for the full launch of the Telegram Open Network blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
platform and the Gram token.

If the TON platform and the Gram token do not start functioning until October 31, investors of the blockchain project can automatically terminate their contract (ICO) and return the money invested. The launch of the platform has been postponed several times. There are no official statements about the date of commencement of work.

Interesting in the section: STO (Security token offering) – the specifics of the work, the main differences from the ICO


TON ICO – "to be or not to be"

According to the published version of the contract with ICO investors, Gram cryptocurrency will be introduced on the Telegram Open Network platform immediately after launch. At the same time, it is unclear when the launch will finally take place.

Now it is only known that the test version of the platform should be released at the end of March this year. Although these data are not confirmed by officials. Two weeks ago, a TON readiness report was published on behalf of Pavel Durov:

"1. Telegram raised $ 1.7 billion for its ICO;

 2. The TON project is now 90% complete, compared with 70% in September 2018;

 3. Telegram plans for GRAM tokens to be initially sold on Asian exchanges."

Recall that the Gram token is a crypto-coin that should work on the Telegram Open Network blockchain platform developed by the Telegram messenger. The main feature of this project is high throughput. For example, if the Bitcoin network can "overpower" 7 transactions per second, and the popular Ethereum –15 (at the maximum), then the Gram speed exceeds millions of transactions in one second.

Interesting in the section: Metaverse ETP cryptocurrency project: description and advantages

When can Telegram Open Network investor contracts be terminated? Most investors do not lose hope that the platform will start on time, and the Gram token will be able to meet all expectations. Recall that the TON blockchain platform and the Gram token are the projects of the famous Russian entrepreneur and programmer, the dollar billionaire, as well as the creator of the "Vkontakte" social network and Telegram messenger, Pavel Durov.

Editor: Pereyidenko Ihor

See also: "Tokenized real estate in Brazil: the bank attracts investors with ReitBZ coins"

#cryptocurrency #TON #Telegram #Gram #PavelDurov #ico #TelegramOpenNetwork



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