Telegram messenger intends to launch its own native cryptocurrency and spread it through ICQ, which can become the largest crowdfunding company. This is reported by TechCrunch referring to multiple sources.
It says that Telegram Open Network (TON) is going to become a new ‘third generation’ blockchain after Bitcoin and Ethereum. Capabilities will be of a completely different level, TON will be able to process 1 million transactions a second, enabling to use Gram as a micro payments means. Inside payment means will be Gram tokens, which will be directly integrated into messenger platform, so 180 million people will become potential token users.
Besides, according to sources, Telegram ICO can break all the records, as developers promise to raise up to $ 500 million in just a single pre-ICO sale at a potential total token value in the range of $3 billion to $5 billion.
According to the early information, pre-sale participants, not included into “internal circle” of Telegram creator, Pavel Durov, will invest as much as 20 million U.S. dollars.
Telegram creator, Pavel Durov hasn't commented that yet.