Telegram collected bids for $ 3.8 billion before going on ICO

Pavel Durov is not in a hurry to share the details of the launch of the Telegram blocking unit , but sources say that the collection of applications for participation in the preliminary stage of the ICO has already been completed. According to Vedomosti, the team plans to raise $ 850 million, but the offers were received four times more - 3.8 billion.

Telegram collected bids for $ 3.8 billion before going on ICO

Pavel Durov is not in a hurry to share the details of the launch of the Telegram blocking unit , but sources say that the collection of applications for participation in the preliminary stage of the ICO has already been completed. According to Vedomosti, the team plans to raise $ 850 million, but the offers were received four times more - 3.8 billion.

Why now Gram?

From previous leaks it is known that the crypto currency of the messenger will be called Gram. On pre-ICO investors can buy coins at a reduced price (if you believe the rumors, it's about $ 0.3 per token). At the same time, the minimum amount of investments is $ 20 million, and for anchor investors - all $ 50 million. On the wave of the first agiotage, a secondary market has already appeared. Interested companies are ready to buy out the right to purchase "grams" with a premium of 30-40%. The management of Telegram refused some offers, the reception of applications from the Russians and was completely limited - the emphasis is on creating a global company. Nobody wants to repeat the story with VKontakte, when Durov had to sell his share in the social network because of the pressure of the oligarchs-shareholders associated with the government of the Russian Federation.

Meanwhile, scammers have already started selling fake crypto currency Telegram, and the messenger creator asked in his Twitter to report such cases:

Within the ICO (primary location of the tokens), the team plans to raise up to $ 5 billion. Telegram will be the launch pad for the Telegram Open Network . The launch of the Telegram Wallet purse is expected in the fourth quarter of this year, and on the stock exchanges Gram will appear only in 2019.

As TechCrunch already reported, in order to maintain flexibility and protect against speculative trading, the company plans to retain at least 52% of tokens, another 4% will go to support the Telegram team, and the remaining 44% of Gram stocks will be sold.

Source: Vedomosti

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