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Topic: Telegram Gained $1.7 Billion in a Private Coin and No Longer Plans a Public Sale (Read 154 times)

member
Activity: 280
Merit: 20
LOL, this is not a surprise. but 1.7 B. I did not try to reach the project when I heard what they were trying to fund. This is how it works for massive project, only a couple of investor and that's it. Let see how it goes after the token go live.
full member
Activity: 395
Merit: 129
Guys don't trust your attention to telegram because it's full controled messanger from Russian goverment. Telegram still have not monetization strategy. TOn it's full monetization for telegram and their big investors. And that news ground that telegram have fights for freedom or another shit - it's bullshit.

If you had written it in English perhaps we would even understand what you wanted to say. As far as Telegram's ties with Russian government, I'm skeptical, as far as I know the owners had even lo leave Russia and move to Berlin.
member
Activity: 252
Merit: 12
Guys don't trust your attention to telegram because it's full controled messanger from Russian goverment. Telegram still have not monetization strategy. TOn it's full monetization for telegram and their big investors. And that news ground that telegram have fights for freedom or another shit - it's bullshit.
full member
Activity: 395
Merit: 129
I really think this will eventually backlash. People involved in this - both the Telegram people and the investors, seem to have completely forgotten what is giving value to any currency: adoption base. And now we have a coin with only 200 holders who however are millionairs - in that currency. They will try to sell their coins at inflated prices to the people, but... will anybody buy?
If it offers innovative features that are new to cryptocurrencies and is actually useful to the crypto-space, then there'd be a demand for it. Actually, as long a person sees a value in something, he/she would spend for it. In retrospect, there's still someone buying bitcoin even if the price is not affordable.

Of course this is true. But supposedly these 200 investors would now speculate and sell some of their tokens only at inflated prices. They would keep most of their token for themselves though so as to inflate prices further, especially if you are right and there would be demand for the tokens. My perception is that the whole issue would rapidly grow into the biggest ever bubble in the crypto space. This is scaring, especially as it is not clear (at least to me) what would be the intrinsec usefulness (beyond sheer speculation) of owning those tokens.
full member
Activity: 2100
Merit: 174
I really think this will eventually backlash. People involved in this - both the Telegram people and the investors, seem to have completely forgotten what is giving value to any currency: adoption base. And now we have a coin with only 200 holders who however are millionairs - in that currency. They will try to sell their coins at inflated prices to the people, but... will anybody buy?
If it offers innovative features that are new to cryptocurrencies and is actually useful to the crypto-space, then there'd be a demand for it. Actually, as long a person sees a value in something, he/she would spend for it. In retrospect, there's still someone buying bitcoin even if the price is not affordable.
full member
Activity: 395
Merit: 129
Telegram, the well-known, messaging app has gained a lot of profit from the small group of private investors. This is led Telegram to call for a sale of cryptocurrency to a wider investing public. According to some source, Telegram Group Inc has fetched around $1.7 billion by trading newly created cryptocurrency to a fewer than 200 private investors.

Source: https://coinpedia.org/news/telegram-no-longer-plans-public-sale-tokens/

I have heard that they are having a very good whitepaper for this project. However, it is very unfortunate they have aborted the public sale. 200 private investors is not decentralization. They may end up with some bad surprise.
200 private investors then average approximately for each one investor would be on 8.5M usd.Its really surprising yet only few invested but reaching out that very big amount which coming to a point where they didnt even have the plan to have a public sale. Sad for those who are longing to buy up tokens to this project.It would be limited which means expect for those private investors will either give a bad surprise later on.

I really think this will eventually backlash. People involved in this - both the Telegram people and the investors, seem to have completely forgotten what is giving value to any currency: adoption base. And now we have a coin with only 200 holders who however are millionairs - in that currency. They will try to sell their coins at inflated prices to the people, but... will anybody buy?
sr. member
Activity: 597
Merit: 250
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
it is not surprising that ico telegram can penetrate like that, because they have a good reputation, fair if many investors are interested in their project stretcher besides that they also easily advertise their products because they already have millions of users listed on their telegram platform.
sr. member
Activity: 1400
Merit: 268
Fully Regulated Crypto Casino
That is ridiculous, that's not how you star a decentralized project. That is not how it works. With only 200 people hooding the coin. The price will be easily manipulated, pumed and dumped. When people realize this then the coin will be worthless, the private investor is the one who should reject this decision.
jr. member
Activity: 504
Merit: 3
I heard these news just this morning and I was disappointed. I really believed that they could pull off a public sale and give an opportunity to broader audience to invest. I hope that other projects don't end up like that as well. Though, Telegram was a bit special.
hero member
Activity: 2730
Merit: 632
Telegram, the well-known, messaging app has gained a lot of profit from the small group of private investors. This is led Telegram to call for a sale of cryptocurrency to a wider investing public. According to some source, Telegram Group Inc has fetched around $1.7 billion by trading newly created cryptocurrency to a fewer than 200 private investors.

Source: https://coinpedia.org/news/telegram-no-longer-plans-public-sale-tokens/

I have heard that they are having a very good whitepaper for this project. However, it is very unfortunate they have aborted the public sale. 200 private investors is not decentralization. They may end up with some bad surprise.
200 private investors then average approximately for each one investor would be on 8.5M usd.Its really surprising yet only few invested but reaching out that very big amount which coming to a point where they didnt even have the plan to have a public sale. Sad for those who are longing to buy up tokens to this project.It would be limited which means expect for those private investors will either give a bad surprise later on.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
lol that sounds like the way to start a decentralised trustless project
full member
Activity: 395
Merit: 129
Telegram, the well-known, messaging app has gained a lot of profit from the small group of private investors. This is led Telegram to call for a sale of cryptocurrency to a wider investing public. According to some source, Telegram Group Inc has fetched around $1.7 billion by trading newly created cryptocurrency to a fewer than 200 private investors.

Source: https://coinpedia.org/news/telegram-no-longer-plans-public-sale-tokens/

I have heard that they are having a very good whitepaper for this project. However, it is very unfortunate they have aborted the public sale. 200 private investors is not decentralization. They may end up with some bad surprise.
newbie
Activity: 99
Merit: 0
Telegram, the well-known, messaging app has gained a lot of profit from the small group of private investors. This is led Telegram to call for a sale of cryptocurrency to a wider investing public. According to some source, Telegram Group Inc has fetched around $1.7 billion by trading newly created cryptocurrency to a fewer than 200 private investors.

Source: https://coinpedia.org/news/telegram-no-longer-plans-public-sale-tokens/
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