This week on #BlockchainCentral: We breakdown what happened to one of the world's biggest ICO's and most anticipated blockchain networks releases; the Telegram Open Network (TON).
#Telegram began raising capital in January 2018 for their upcoming #TON blockchain. How much did they raise? A mind-boggling $1.7 BILLION USD! However, their expected October 21, 2019 release was hampered by the SEC, who halted their operation and insisted that Telegram and TON had failed to register their GRAM token as securities with the US Securities and Exchange Commission (SEC). Since then, Telegram has promised to release their network everywhere except the US and will hopefully be up and running by April, 2020.
Launched in 2013 by brothers Pavel and Nikolaui Durov, Telegram has become one of the world's most popular messaging network and at one point was seeing an influx of users at a rate of 3 million per day.
#Telegram began raising capital in January 2018 for their upcoming #TON blockchain. How much did they raise? A mind-boggling $1.7 BILLION USD! However, their expected October 21, 2019 release was hampered by the SEC, who halted their operation and insisted that Telegram and TON had failed to register their GRAM token as securities with the US Securities and Exchange Commission (SEC). Since then, Telegram has promised to release their network everywhere except the US and will hopefully be up and running by April, 2020.
Launched in 2013 by brothers Pavel and Nikolaui Durov, Telegram has become one of the world's most popular messaging network and at one point was seeing an influx of users at a rate of 3 million per day.
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