There is a lot of information about a potential upcoming Telegram ICO on the web lately. Usually this much info doesn’t just come around for no reason, and we can presume that this is a planned PR move, or a leak, but it’s unlikely that it’s fake.
The exclusive pre-ICO might happen as early as late January (this month), and the Crowd Sale late March.
Some important things to note:
- The blockchain platform will be called TON, and the tokens will be called Gram(s).
- Only 44% of the tokens will be up for sale, 4% will be set for development, and 52% will be reserved to protect from speculation.
- Money will be raised in Fiat.
- The Cap we are looking at is gonna be in the billions, which is perfectly realistic for such a name as Telegram.
- Q1 2018 will see the first working prototype.
- TON will allow creating interfaces for decentralized applications and smart contracts, make micropayments (some sort of a decentralized WeChat).
- The blockchain will be really high speed and scalable because of the well though-out system.
It’s obvious that Telegram’s ICO will be the largest, and will raise several billion $ in the CrowdSale. This ICO will not be just another fundraiser – this will be the next step in the development of cryptocurrencies, a transition of a real big business into a blockchain. It’s safe to say that in 2018, such large corporations as Facebook and Amazon etc. will also be integrating blockchain technology into their systems and creating their own coins. Perhaps in a year, out of the Top 10 Cryptos that we are all familiar with today, many will be pushed out by the coins of big corporations.
With the entrance of real big businesses into the crypto-sphere, the level of trust will increase significantly, and it won’t be 5% like today, but more like 40-50%. This will result in a huge increase in the capitalization of the crypto-market.
Some analysts have already said earlier this week that the almost-one-trillion-dollar market cap will easily get to $10 trillion in no time.
What does this mean for us? This means we will have a huge opportunity to keep making more money and enjoy life while such words as “blockchain” and “cryptocurrency” will become familiar to most people.