Telegram gets applications for $3.8 billion to launch pre-ICO
Telegram has completed the collection of pre-ICO applications. The company got the requests in the amount of $3.8 billion, while it was planned to raise $850 million, Vedomosti reports, citing sources.
Investors, who do not have time to invest at this stage, plan to buy shares later.
According to various sources, the reseller can get a profit of 20%, or even the price can rise from $0.3 to $3.5 per token.
Approved payments must be made before February 1.
The money raised will be spent on the creation of its own blockchain-platform – Telegram Open Network (TON).