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Topic: Telegram (GRAM tokens) to be live in few weeks (Read 1948 times)

legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
October 26, 2019, 12:18:23 PM
#81
I heard that telegram offering their investors 77% refund if they don't agree about this postponed launching, quite huge loss and smells something really wrong. This might be the reason why early investors breached the purchase agreement ( I have mentioned above ) .

Those early investors making contracts with several exchange companies to sell their tokens which it's clearly stated that kind action is not allowed based on the purchase agreement , the second and third party buyers probably will never receive the tokens in the end due these confusing scheme. Idk exactly but that's my observation so far ... looking for an answer here and there it seems people didn't interested or have no idea what's going on?

I personally seeing this situation as an opportunity.. a token worth $4 now on sale only for $1.7 and getting lower day by day , take it or leave it.
I am also quite confused about the whole gram project because there has been too many drama around it and why would they offer 77% refund when they know that there would be people that might want to their money back which I know that this is still part of the scam we are talking about because why would they not have planned very well before they start launching the project, and they would have also sorted their issue out with sec first before they launched it because I think the reason why they suspended the project first is because they had issue with the sec which I think they had to even be sued by sec for launching the project against their approval.
legendary
Activity: 2674
Merit: 1048
It's just a future coin and not only digifinex but some exchange sites have already launched the IOU for gram coin. For me, that looks so horrible to see that consider the IOU will always drive the price of coin to the bottom price.
AFAIK liquid has already traded gram too but CMIIW.
I see your point about IOU and fully aware about that , it's like trading the coins purchased by early investors during the ICO without need to wait for the official listing right? It's illegal but they continue doing so as i stated several times in my posts above that selling gram tokens in this way ... people risking themselves to get nothing in the end , the official purchase agreement says ' there's a restricted period that investors shall not sell the tokens in any ways '

People who bought through this way might won't receive the real tokens in the end. Do you think is it the risk worth taking? The price getting drop as time goes by....
Liquid sale is over CMIIW ... so it's different with what digifinex doing to list a gram/USDT pair , the gram token actively traded there now.

Those who bought some on liquid with price tag of $4 is in pain now looking at digifinex trade it for below $2 and possibly getting lower. Is it a bad business ?
full member
Activity: 1372
Merit: 133
The media is spreading news that the TON team was able to convince investors to postpone the launch date, which is scheduled for April 30, 2020.  If we succeeded in convincing the investors, it means that the TON project implementation process will be launched.  The launch of Ton was planned for October 31, 2019, but we all know that this would not happen for certain reasons and the developers would have to return all the funds of investors $1.7 b.
sr. member
Activity: 1188
Merit: 251
gram token doesn't seem to be very profitable because gram token is a chat-based platform and how can the chat platform be used for transactions and what is the use of coin gram if there is nothing interesting in the telegram so I think gram is difficult to develop.
sr. member
Activity: 1063
Merit: 253
Sovryn - Brings DeFi to Bitcoin
where did you get the news? That's a bad thing and i also invested on gram. I don't know what's going to happen eversince this SEC is holding back big projects even the team is coordinating way back in the past and now when gram is successful and scheduled they are opening up for a possible case that they can issue. This is only for my own opinion
you can read about the delay here https://cointelegraph.com/news/tons-force-majeure-clause-is-telegram-about-to-refund-investors
from the news above, it seems like they are going to "keep" investors money until the date. Unless you are a US-based investor, there will be a way for you to take it back if you are insisting to.

Look at the bright side, fellas. Take note of the date: April 20, 2020. That's a month away from Bitcoin halving. So it is most likely that Bitcoin will get a price boost before,on or after the halving which is just in time for GRAM listing in Binance or other exchanges, it might not get dumped at all on listing.
Announced that they are selling the tokens for $4 each which I believe these sale is not official, I mean it's clearly stated that nobody allowed to do so.

Another thing makes me confused that there's GRAM/USDT trading pair on digifinex since few weeks ago , the price @1.8 USDT!

How could this happened?

It's just a future coin and not only digifinex but some exchange sites have already launched the IOU for gram coin. For me, that looks so horrible to see that consider the IOU will always drive the price of coin to the bottom price.
AFAIK liquid has already traded gram too but CMIIW.
member
Activity: 364
Merit: 10
We all have seen what happened with Telegram few days ago. But the good news is that almost no investor is afraid of difficulties and they are still on board and will support team members until the further launch planned in May 2020.
hero member
Activity: 1386
Merit: 504
~snip
It will be all depends on its investors but i think there is a a big chance that the majority will wait and agree to extend the launch rather than refunding their money. Asia is big contributor but it was also a big percentage in the US investors that can be a downside to telegrams total raised. Hope everything goes with the plan and they can pass in this SEC lawsuit.
If the regulators keep on creating issues for their launch then there will be a level of patience for any investors and they do not want to see their money being held ideally doing nothing and they might ask for the refund and no project will be successful challenging the government, either they have to move out to countries that will accept them or to follow SEC and make the changes they want.
Definitely, so the thing here now is what will be the outcome if the launch will be delayed and in the refunds if the investors will take their money back on it. Let's wait for the next news or announcement that they will release. In general i think the price will be affected here or it depends on the overall market which is a big factor to consider by the time of its launch.
legendary
Activity: 2674
Merit: 1048
I personally seeing this situation as an opportunity.. a token worth $4 now on sale only for $1.7 and getting lower day by day , take it or leave it.
I would love that, this would put a nail to the ICO or crowdfunding scheme.
This was pretty much concentrated to make gains by those early investors, we dont even know if there was a money collected.
Investors Reject Refund

It's a greenlight! You might need to load your bags with the gram token now... before it flew away. There's 6 month to go till the scheduled distribution time on April 2020 and we have digifinex selling the tokens under the market value that supposed to be $4 just like what any other exchanges do (liquid for instance).

Even though it's beyond belief that things could back on the track , no more delays, no more surprises, this token has been hot topic quite a while .. even there's some analysts predicted that this gram token could potentially worth $20 by the distribution date.

Hell yeah take that risk? You can't skip over these huge opportunities all the time.
sr. member
Activity: 1064
Merit: 253
I personally seeing this situation as an opportunity.. a token worth $4 now on sale only for $1.7 and getting lower day by day , take it or leave it.
I would love that, this would put a nail to the ICO or crowdfunding scheme.
This was pretty much concentrated to make gains by those early investors, we dont even know if there was a money collected.
legendary
Activity: 2674
Merit: 1048
The roadmap seems out of the track several times , the stable TON scheduled to deploy on fourth quarter 2018 but then delayed .
And now the token distribution delayed to by the end of first quarter of 2020 ... possibly early second quarter 2020
When they started the private sale they had a deadline of October 31 to launch the TON if not they will refund every investor and now the SEC has interfered in that it all depends upon how the investors will corporate with all these legal battles, things are looking gleam for the Telegram team to launch this project and if the majority of the investors decline their approval to extend the release of the TON then they need to start refunding everyone and it will be another loss for the team, it all depends on how the team will handle all these hurdles.
I heard that telegram offering their investors 77% refund if they don't agree about this postponed launching, quite huge loss and smells something really wrong. This might be the reason why early investors breached the purchase agreement ( I have mentioned above ) .

Those early investors making contracts with several exchange companies to sell their tokens which it's clearly stated that kind action is not allowed based on the purchase agreement , the second and third party buyers probably will never receive the tokens in the end due these confusing scheme. Idk exactly but that's my observation so far ... looking for an answer here and there it seems people didn't interested or have no idea what's going on?

I personally seeing this situation as an opportunity.. a token worth $4 now on sale only for $1.7 and getting lower day by day , take it or leave it.
hero member
Activity: 1302
Merit: 532
Look at the bright side, fellas. Take note of the date: April 20, 2020. That's a month away from Bitcoin halving. So it is most likely that Bitcoin will get a price boost before,on or after the halving which is just in time for GRAM listing in Binance or other exchanges, it might not get dumped at all on listing.
If everything goes smooth for telegram then it will be great but the question is whether the SEC will come out and force them to extend the release at that time is yet to be seen, the authorities are toying with the project and there will be investor pressure for the team to finalize everything and that is a big task for them, if not for the authorities they would have released already and now we can only speculate what the future will be.
hero member
Activity: 1426
Merit: 506
~snip
It will be all depends on its investors but i think there is a a big chance that the majority will wait and agree to extend the launch rather than refunding their money. Asia is big contributor but it was also a big percentage in the US investors that can be a downside to telegrams total raised. Hope everything goes with the plan and they can pass in this SEC lawsuit.
If the regulators keep on creating issues for their launch then there will be a level of patience for any investors and they do not want to see their money being held ideally doing nothing and they might ask for the refund and no project will be successful challenging the government, either they have to move out to countries that will accept them or to follow SEC and make the changes they want.
hero member
Activity: 1386
Merit: 504
The roadmap seems out of the track several times , the stable TON scheduled to deploy on fourth quarter 2018 but then delayed .
And now the token distribution delayed to by the end of first quarter of 2020 ... possibly early second quarter 2020
When they started the private sale they had a deadline of October 31 to launch the TON if not they will refund every investor and now the SEC has interfered in that it all depends upon how the investors will corporate with all these legal battles, things are looking gleam for the Telegram team to launch this project and if the majority of the investors decline their approval to extend the release of the TON then they need to start refunding everyone and it will be another loss for the team, it all depends on how the team will handle all these hurdles.
It will be all depends on its investors but i think there is a a big chance that the majority will wait and agree to extend the launch rather than refunding their money. Asia is big contributor but it was also a big percentage in the US investors that can be a downside to telegrams total raised. Hope everything goes with the plan and they can pass in this SEC lawsuit.
hero member
Activity: 1426
Merit: 506
The roadmap seems out of the track several times , the stable TON scheduled to deploy on fourth quarter 2018 but then delayed .
And now the token distribution delayed to by the end of first quarter of 2020 ... possibly early second quarter 2020
When they started the private sale they had a deadline of October 31 to launch the TON if not they will refund every investor and now the SEC has interfered in that it all depends upon how the investors will corporate with all these legal battles, things are looking gleam for the Telegram team to launch this project and if the majority of the investors decline their approval to extend the release of the TON then they need to start refunding everyone and it will be another loss for the team, it all depends on how the team will handle all these hurdles.
legendary
Activity: 2674
Merit: 1048
where did you get the news? That's a bad thing and i also invested on gram. I don't know what's going to happen eversince this SEC is holding back big projects even the team is coordinating way back in the past and now when gram is successful and scheduled they are opening up for a possible case that they can issue. This is only for my own opinion
you can read about the delay here https://cointelegraph.com/news/tons-force-majeure-clause-is-telegram-about-to-refund-investors
from the news above, it seems like they are going to "keep" investors money until the date. Unless you are a US-based investor, there will be a way for you to take it back if you are insisting to.

Look at the bright side, fellas. Take note of the date: April 20, 2020. That's a month away from Bitcoin halving. So it is most likely that Bitcoin will get a price boost before,on or after the halving which is just in time for GRAM listing in Binance or other exchanges, it might not get dumped at all on listing.
I just found a lot of confusion about this project.

1. The token sale system

Simple Agreement for Future Tokens (SAFT)

They sold the gram token on private sale for 0.37 USD at the first round SAFT and for 1.33 USD at the second round SAFT.

There's an agreement for those buyers/investors to not sell any of them until the official distribution made. Just look at this purchase agreement I got from coindesk ..



Aaaand there's quoine..
Liquid...
Gram Asia...

Announced that they are selling the tokens for $4 each which I believe these sale is not official, I mean it's clearly stated that nobody allowed to do so.

Another thing makes me confused that there's GRAM/USDT trading pair on digifinex since few weeks ago , the price @1.8 USDT!

How could this happened?

2. The roadmap

The roadmap seems out of the track several times , the stable TON scheduled to deploy on fourth quarter 2018 but then delayed .
And now the token distribution delayed to by the end of first quarter of 2020 ... possibly early second quarter 2020

copper member
Activity: 798
Merit: 3
The GRAM tokens by the Telegram will be a revolutionary coin like the top10 coin. So, holding of this will be ,ore beneficial in a long term basis. But after listing of this coin maybe rise but it would be temporary. So, wait for the right time to buy this coin bellow $1 so that the down side risk will be lower.
legendary
Activity: 3318
Merit: 1128
First few days of sales things will definitely skyrocket but is just the thing with crypto it might likely fall back and bleed for a while Me I will just stay back and wait to see how it turns out Maybe there will be some deeps
I seem to be in the same mind as you think that sales seem to be very tempting. now it is entering the 3rd period, but can it guarantee when the sale is finished that the price will not go down? can not be ascertained because we know crypto is currently in a bad state.
There is no guarantee that the price will not dump because of the hype that is already existing on ground, investors will surely rush to buy the coin and at the initial stage, it will surely rise, but there is no assurance that the value will be sustained because I have not really understand the whole technology of gram network they really have to offer us. You will not believe me if I even tell you that I understand this Libra coin that is even yet to be released more than telegram coin.

I think that they are even having issue already with the coin as I heard that the sec has sued them or so for launching the ICO which either has raised the billion dollars involved or yet to raise it. I would really not rush to buy the telegram coin now until I am really sure of their stand and how it will work so that we don’t go and be victim of whales when they buy the coin to dump it which I equally know that whales will be active in this coin.
full member
Activity: 1708
Merit: 105
First few days of sales things will definitely skyrocket but is just the thing with crypto it might likely fall back and bleed for a while Me I will just stay back and wait to see how it turns out Maybe there will be some deeps
I seem to be in the same mind as you think that sales seem to be very tempting. now it is entering the 3rd period, but can it guarantee when the sale is finished that the price will not go down? can not be ascertained because we know crypto is currently in a bad state.
hero member
Activity: 1386
Merit: 504
where did you get the news? That's a bad thing and i also invested on gram. I don't know what's going to happen eversince this SEC is holding back big projects even the team is coordinating way back in the past and now when gram is successful and scheduled they are opening up for a possible case that they can issue. This is only for my own opinion
you can read about the delay here https://cointelegraph.com/news/tons-force-majeure-clause-is-telegram-about-to-refund-investors
from the news above, it seems like they are going to "keep" investors money until the date. Unless you are a US-based investor, there will be a way for you to take it back if you are insisting to.

Look at the bright side, fellas. Take note of the date: April 20, 2020. That's a month away from Bitcoin halving. So it is most likely that Bitcoin will get a price boost before,on or after the halving which is just in time for GRAM listing in Binance or other exchanges, it might not get dumped at all on listing.
Thanks for sharing the link. I think that is much better and so the US citizens that invest is the priority of this SEC regulation and to give them options to refund their investments. That's a big percentage to overall investors.

Anyway, just like bustedsynx said, and if we think of the bright side. There and there's a lot of good things if the majority of the events in April will be good just like tgis past april that leads tge bitcoins price pump. I think we need more time and in that case they can work with other technicals while waiting for the launch.
sr. member
Activity: 859
Merit: 251
where did you get the news? That's a bad thing and i also invested on gram. I don't know what's going to happen eversince this SEC is holding back big projects even the team is coordinating way back in the past and now when gram is successful and scheduled they are opening up for a possible case that they can issue. This is only for my own opinion
you can read about the delay here https://cointelegraph.com/news/tons-force-majeure-clause-is-telegram-about-to-refund-investors
from the news above, it seems like they are going to "keep" investors money until the date. Unless you are a US-based investor, there will be a way for you to take it back if you are insisting to.

Look at the bright side, fellas. Take note of the date: April 20, 2020. That's a month away from Bitcoin halving. So it is most likely that Bitcoin will get a price boost before,on or after the halving which is just in time for GRAM listing in Binance or other exchanges, it might not get dumped at all on listing.
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