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Telegram gets $850 mn in pre-sale for its own cryptocurrency
short by Shifa Naseer / on Sunday, 18 February, 2018
Messaging app Telegram has raised $850 million in the pre-sale of its own cryptocurrency to develop the 'Telegram Open Network' (TON) blockchain, according to filings. The figure exceeds the $600 million originally forecast for the funding. It is the highest amount accumulated from a pre-sale in comparison to Initial Coin Offerings like Filecoin ($257 million) or Tezos ($232 million).
read more at TechCrunch