Telegram has raised an initial $850M for its billion-dollar ICO
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Re: Telegram has raised an initial $850M for its billion-dollar ICO
#2Isn't their crypto implementation still private?
Re: Telegram has raised an initial $850M for its billion-dollar ICO
#3There’s definitely zero hype left in Blockchain.
Re: Telegram has raised an initial $850M for its billion-dollar ICO
#4Maybe I'm the last to join the party but if i understand correctly, is this money they are going to receive as investment?
I ask because as much as i can google I can't find any product they are selling or any ad they are displaying, so what is being bought here?
I'm not trying to be sarcastic, is there something i am missing?
Re: Telegram has raised an initial $850M for its billion-dollar ICO
#5Isn't their crypto implementation still private?
no, but it's still weird.
Re: Telegram has raised an initial $850M for its billion-dollar ICO
#6Maybe I'm the last to join the party but if i understand correctly, is this money they are going to receive as investment? I ask because as much as i can google I can't find any product they are selling or any ad they are displaying, so what is being bought here? I'm not trying to be sarcastic, is there something i am missing?
There's a private whitepaper floating around.
Re: Telegram has raised an initial $850M for its billion-dollar ICO
#7Maybe I'm the last to join the party but if i understand correctly, is this money they are going to receive as investment? I ask because as much as i can google I can't find any product they are selling or any ad they are displaying, so what is being bought here? I'm not trying to be sarcastic, is there something i am missing?
Presumably they will use the tokens in the app for payments and a way to run decentralized applications (so paying for computation, storage, etc.) What's being sold is the potential for the token price to appreciate in value. It's definitely a worse deal for investors than an IPO as there is no equity being sold.
Re: Telegram has raised an initial $850M for its billion-dollar ICO
#8Isn't their crypto implementation still private?
It is. I hope they don't do the same thing with their code for whatever they're making.
Re: Telegram has raised an initial $850M for its billion-dollar ICO
#9To be honest I have not seen any official marketing page from telegram nor any ico calendars like https://www.coingecko.com/en/ico . Is this entirely private by some group of deserving entities?
When will the public can and able to participate?
Re: Telegram has raised an initial $850M for its billion-dollar ICO
#10Maybe I'm the last to join the party but if i understand correctly, is this money they are going to receive as investment? I ask because as much as i can google I can't find any product they are selling or any ad they are displaying, so what is being bought here? I'm not trying to be sarcastic, is there something i am missing?
Presumably they will use the tokens in the app for payments and a way to run decentralized applications (so paying for computation, storage, etc.) What's being sold is the potential for the token price to appreciate in value. It's definitely a worse deal for investors than an IPO as there is no equity being sold.
That certainly depends- Ethereum didn't sell equity and investors in the pre-sale did very well.