Telegram’s private sale is one of the most hotly demanded crypto offerings to date. Telegram has almost 200 million users, and is adding 500,000 per day, making it one of the fastest growing apps in Internet history.
Etherical has 2 channels there, please join us:
Telegram have raised $850 million so far from 81 investors in their private sale, including Silicon Valley venture capital heavyweights Sequoia Capital and Benchmark. They have extended their capital raising to a second private round, aiming to raise a total of $1.6 billion – which would make it the biggest ICO ever.
The funds will be used to expand Telegram’s platform beyond messaging to payments, storage, and identity management. They are creating TON – The Open Network, designed to host a new generation of cryptocurrencies and distributed applications.
Once a customer has passed Know Your Customer identification checks on TON, they will not have to supply this information for every new ICO they want to participate in.
The total number of blockchain wallets worldwide was estimated at around 21 million at the end of 2017. Telegram’s gigantic user base offers the best opportunity we have seen yet to bring cryptocurrency to the mass market.
So far Telegram’s sale is not open to the public, beware of scams claiming differently. Forbes just published an article Dear Crypto Enthusiasts, Forget The Telegram ICO, It’s Not For You.
Shelly Hod Moyal, co-CEO of Israeli-based venture capital firm iAngels, is part of the Telegram capital raise. “I really can’t predict the price of [GRAM] because there are so many variables at this point, but if they accomplish even half of what they set out to do I think it can be a top 10 coin,” she says.
[Source: Forbes, March 2018]
Etherical invested at a 35% discount to the planned public sale price. This is a great example of how Etherical Alpha provides ZEA holders with the opportunity to participate in deals that they couldn’t get into otherwise. You might not have a spare $20 million lying around to invest in the hottest new ICO, but with ZEA you can have similar investments in your portfolio as the biggest professional investment funds.