The new platform will be dubbed “Telegram Open Network” (TON) and will be based on an improved variant of Blockchain technology. this is indeed a great news to all cryto lovers, Also the TON (“Telegram Open Network” ) will also be a new, ‘third generation’ blockchain with superior capabilities, after Bitcoin and, later, Ethereum paved the way.
TON is going to be known as “Gram” and the platform will be integrated with many of the most popular messaging apps (it’s not yet certain which ones). The platform will utilize light wallets, making it unnecessary for users to download a big and unwieldy Blockchain.
According to recent report of the new stage surfaced not long ago from Anton Rozenberg, a previous specialist of Telegram’s distributing office Telegraph. Rozenberg posted on Facebook that which he guarantees is an advertorial to its new stage. He additionally called attention to that TON would help those beneath severe governments, since they’d have the capacity to exchange money locally by means of the informing application.
About TeleGram ICO
Telegram is understood to be considering raising as much as $500 million in the pre-ICO sale at a potential total token value in the range of $3 billion to $5 billion. However, those figures could change before the ICO, which could come as soon as March.
A pre-sale in an ICO is a minimum cap on investments (sometimes with discounts) to attract big investors (‘whales’) before a wider token sale to retail investors.
The TON platform also will not need to go through a multi-year bootstrap period like new platforms, because the Telegram program already boasts 180 mln users.
Telegram is now well known with all the Blockchain people group, as fellow benefactor Pavel Durov announced: “Like right now, the whole Blockchain and cryptographic money group just changed to Telegram.”
The money will be recorded on outside trades and utilized inside the Telegram application.
Timing-wise, the principal quarter of this current year will see the dispatch of the Telegram External Secure ID, trailed by a MVP of TON. The dispatch of the Telegram Wallet is slated for Q4 2018, and the production of the TON-based economy could dispatch in Q1 2019. Whatever is left of the TON Services would follow in Q2 2019.
HERE IS MINUTES VIDEO ABOUT TON
You can also view the TON White paper directly from HERE.
Kindly Share Post With Your Cryto Lovers