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== History ==
== History ==
Before launching its own cryptocurrency called Gram, Telegram in order to attract investments to develop TON held two rounds of [[Initial coin offering|ICO]]. Tokens sold to investors will later be exchanged for Grams in a ratio of 1 to 1.
Before launching its own cryptocurrency called Gram, Telegram in order to attract investments to develop TON held two rounds of [[Initial coin offering|ICO]]. Tokens sold to investors will later be exchanged for Grams in a ratio of 1 to 1.
In February 2018, during the first round of the ICO 2.25 billion tokens (45% of the total number of future Grams) were sold at a price of $0.38 per token. The minimum amount of investment to participate in this round was $20 million. Then the second round of token offering began. During the first part of this offering, the price of one token was $1.33. The minimum investment amount for participation in this round was $1 million, taking into account the volume of placement, it can be calculated that 640 million tokens were sold during this placement. That is, during the last two placements 2.89 billion tokens were sold (58% of the total number of future Grams). Next to be the final part of the second token offering. Thus, Telegram intends to attract in the near future another $850 million, and in total Telegram expects to gain $2.55 billion from ICO.<ref>[http://www.cnews.ru/news/top/2018-04-02_pri_kakih_usloviyah_telegram_vernet_investoram При каких условиях Telegram вернет инвесторам собранные $2,55 миллиарда]</ref><ref>[https://www.bloomberg.com/news/articles/2018-03-16/is-telegram-s-ico-overvalued-here-s-one-way-to-figure-it-out Is Telegram's ICO Overvalued? Here's One Way to Figure It Out]</ref>
In February 2018, during the first round of the ICO 2.25 billion tokens (45% of the total number of future Grams) were sold at a price of $0.38 per token. The minimum amount of investment to participate in this round was $20 million. Then the second round of token offering began. During the first part of this offering, the price of one token was $1.33. The minimum investment amount for participation in this round was $1 million, taking into account the volume of placement, it can be calculated that 640 million tokens were sold during this placement. That is, during the last two placements 2.89 billion tokens were sold (58% of the total number of future Grams).<ref>{{Cite web|url=https://www.sumasearch.de/blog/default/russland-gege-telegram|title=Russia Ban Telegram|last=|first=|date=|archive-url=|archive-date=|dead-url=|access-date=2018-05-28}}</ref> Next to be the final part of the second token offering. Thus, Telegram intends to attract in the near future another $850 million, and in total Telegram expects to gain $2.55 billion from ICO.<ref>[http://www.cnews.ru/news/top/2018-04-02_pri_kakih_usloviyah_telegram_vernet_investoram При каких условиях Telegram вернет инвесторам собранные $2,55 миллиарда]</ref><ref>[https://www.bloomberg.com/news/articles/2018-03-16/is-telegram-s-ico-overvalued-here-s-one-way-to-figure-it-out Is Telegram's ICO Overvalued? Here's One Way to Figure It Out]</ref>
== References ==
== References ==
{{reflist}}
{{reflist}}

Revision as of 17:12, 28 May 2018

Gram
Development
Original author(s)Nikolai Durov
Developer(s)Telegram Group Inc.
Ledger
Timestamping schemeProof-of-stake

Gram is a cryptocurrency based on Telegram Open Network blockchain and being developed by Telegram.[1][2]

History

Before launching its own cryptocurrency called Gram, Telegram in order to attract investments to develop TON held two rounds of ICO. Tokens sold to investors will later be exchanged for Grams in a ratio of 1 to 1. In February 2018, during the first round of the ICO 2.25 billion tokens (45% of the total number of future Grams) were sold at a price of $0.38 per token. The minimum amount of investment to participate in this round was $20 million. Then the second round of token offering began. During the first part of this offering, the price of one token was $1.33. The minimum investment amount for participation in this round was $1 million, taking into account the volume of placement, it can be calculated that 640 million tokens were sold during this placement. That is, during the last two placements 2.89 billion tokens were sold (58% of the total number of future Grams).[3] Next to be the final part of the second token offering. Thus, Telegram intends to attract in the near future another $850 million, and in total Telegram expects to gain $2.55 billion from ICO.[4][5]

References

  1. ^ How Telegram's Crypto Coins May Attract $2.6 Billion: QuickTake
  2. ^ Russian Court Bans Telegram on Heels of $1.7 Billion ICO
  3. ^ "Russia Ban Telegram". Retrieved 2018-05-28. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  4. ^ При каких условиях Telegram вернет инвесторам собранные $2,55 миллиарда
  5. ^ Is Telegram's ICO Overvalued? Here's One Way to Figure It Out