TON
Total 35 Posts
TON or Telegram Open Network is a darknet blockchain and cryptocurrency platform developed by the team of Pavel Durov. Telegram has been developing the platform since 2015, and its native cryptocurrency is called Gram. Telegram team says that the TON will be a decentralized platform for everyone, meaning that others will be able to contribute to its ecosystem.
TON Investors Outside the US May Not Receive Their Money Back
The blockchain platform of the Durov brothers should be launched in a couple of days. Otherwise, the founder of Telegram will have to return the money to investors. But investors who are not residents of the US fear that they will not be refunded.
Several Days Are Left Before the TON Launch, and Investors Do Not Know Anything About Durov’s Project
New York-licensed attorney at Buzko Legal, Evgeny Krasnov, explains that the deadline on April 30 is conditional because it has already been moved at least once. Telegram may once again try to negotiate with investors and postpone the launch to a later date.
Everything You Need to Know About Gram
If you buy Gram after the official launch of TON in the future, this will not mean that you "own a part of Telegram." Gram tokens do not give their owners any exclusive rights like the right to receive dividends from Telegram or the right to control it.
The List of the Winners of the Second Round of the TON Blockchain Competition
A year ago, Telegram started to hold contests for the TON blockchain platform among Android, iOS, and JS developers. These competitions are still being held to this day. Here’s a list of winners of the last contest with a brief description of the submitted works.
Four Scenarios of What Will Happen If TON Loses the Case Against the SEC
We’ve been following the development of TON for almost half-year. And now, this story is nearing its end. Only time will tell whether the Telegram team will be able to launch TON or not.
Many TON Investors Are Ready to Get Their Money Back, Says the Head of Crypto Investment Bank HASH CIB
At least ten investors of the TON project are going to get their investments back. Telegram can still register a deal with the SEC and recognize Gram as security, but this process requires at least a year.
The Southern District Court of New York Granted the SEC Request Against TON
Telegram will most likely lose the case in court, and Durov's company will be obliged not only to return the money but also to pay a fine. The final verdict will be issued on April 30.
