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Topic: Telegram Open Network’s (TON) blockchain public testing will launch on Sept.1 (Read 318 times)

sr. member
Activity: 1008
Merit: 355


I think that Telegram's TON has to first face the regulatory power of the USA SEC before it can officially open its door for business. SEC does not like the idea of TON sold and will be for sale within the USA and in effect all of its citizens all over the world.

"The U.S. Securities and Exchange Commission (SEC) secured an emergency restraining order against the Telegram Group and its subsidiary TON Issuer for their $1.7 billion token sale.

The SEC announced late Friday that it filed for and received an emergency action and restraining order halting Telegram from selling or otherwise distributing its gram tokens within the U.S. The network was supposed to go live on Oct. 31."

Source here.

The main problem here, according to SEC, is that Telegram did not care to register the said token sale to the USA investors. I am sure this can be a grueling case not unless there can be an agreement reached by both sides soon. We know how contentious SEC can be when it comes to sale of unregistered tokens to American investors. Let's see how things will be on this development.
hero member
Activity: 2464
Merit: 550
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I think Telegram (Gram) will get very tight competition from several other coins because we know that much funds have been collected while the use of Gram is still not too much, I myself am also confused at the place of exchange where Gram will be registered, because usually the place of exchange with high volume can affect new coins like this Gram.
full member
Activity: 527
Merit: 113
TON will probably be the next big thing. I know some of you will probably agree to me, you know how useful to blockchain is telegram and knowing that social app can be now integrated into blockchain can really boost TON decentralized platform. I'm not yet reading the whitepaper but from what I can see they will linked their decentralized network to social messaging to reward users who frequently used the network at the same time produce traffic of users to the app.
jr. member
Activity: 30
Merit: 2
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Cryptocurrency’s bad day continues as the SEC blocks Telegram’s $1.7 billion planned token sale

"Cryptocurrency’s bad news day continues to get worse as the U.S. Securities and Exchange Commission  has said it has filed an emergency action and received a restraining order for the $1.7 billion planned token offering of Telegram’s blockchain".

https://www.sec.gov/news/press-release/2019-212
full member
Activity: 1190
Merit: 111
Is this the one that connected to TELEGRAM token?
Is this real now? been reading many threads with this TON and theres a lot issue on what i am seeing.
hero member
Activity: 2688
Merit: 588
This is quite strange to me in as much as I have been expecting telegram launching of their own blockchain for a while now, is this the second launching or what because I could remember that this same news of telegram broke out some months back and the project that was presented then was GRAM which is what majority of us has had in mind would be released, but i am surprised right now to be seeing this as TON.

I just hope that this does not get people confused because many people may still be misled thinking the gram project is for telegram, except they come out to actually defend this and make it clear to people which project out of the two is originally theirs. well, it is still a wonderful news that telegram too is trying to run their own project now, this will also expose lots of people to the use of cryptocurrency. I think the price of bitcoin will really rise this month.
member
Activity: 364
Merit: 13
Telegram raised 1.7 billion USD in their token sale, do not you think that it is not too much? EOS raised 4 billions USD and still they are not able to overbeat all competitors.
1.7 billion dollar was raised only in private sale. Telegram didn't have any public sale. If they had conducted a public sale, they would raised much more than money raised in EOS crowd sale. So, they didn't need more money.
The success of a project does not depend only on money they have. There are many other factors. Telegram can take the advantages if its popularity.
It should be also noted that EOS and telegram purposes are completely different and they are not comparable.
hero member
Activity: 1876
Merit: 512
According to one of the investors.

On Aug. 28, Russian news outlet Vedomosti quoted an anonymous TON investor claiming to have learned this information from the development team, and the head of one of the companies that participated in the testing so far.

According to the outlet’s sources, TON’s node software and all relevant documentation would be released to the public on Sept. 1. This first version of the blockchain is already expected to feature sharding and various functional consensus mechanisms, the source added.

A blockchain that was popular from the start

TON project is a decentralized application and messaging platform developed by open source messenger Telegram’s team. The blockchain is planned to be integrated into the messaging app used by over 200 million people.
 

I don't think this is true, I have read this also in some other news platform but is just rumour. Telegram team won't want to release a main milestone in their development life and be doing it in the dark. A lot have been said about the project but now I am indifferent until they release a platform and indeed deliver on their promises
full member
Activity: 882
Merit: 102
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Telegram raised 1.7 billion USD in their token sale, do not you think that it is not too much? EOS raised 4 billions USD and still they are not able to overbeat all competitors.
member
Activity: 364
Merit: 13
It is Sep 1 already but I can't seem to find the place to test this blockchain. Can anyone share the link
Nothing is supposed to launch. As I had made a post here in this topic, we shouldn't wait for something to launch untill Telegram itself officially announce it.
Do you know who had claimed TON blockchain public testing will launch? No one knows. Why should trust such a news?
legendary
Activity: 2674
Merit: 1226
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It is Sep 1 already but I can't seem to find the place to test this blockchain. Can anyone share the link?

I'm checking the website and even the latest news tab only shows a July date. No update in August.

Someone who has the link, please share!
full member
Activity: 798
Merit: 101
Telegraph launches blockchain? I am the first person to hear such a message. I don't know if the telegraph official has published the news to verify the news, if it is true. This is good news for encryption. After all, there are also many telegraph user communities.
sr. member
Activity: 644
Merit: 257
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Liquid Exchange published their announcement about the sales. I think many are still in confuse how TON project will be launch. Telegram Network, as you all knew from the popular app telegram can be useful to lots of people in the structure of blockchain.  I think we can see how popular the telegram project and I'm pretty sure many will be interested on their platform as many found their network useful.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
Any way, nothing has officially announced by Telegram team.
It's just a claim by an anonymous investor. We don't know even who is this investor. Till now we have heard many fake news and I don't believe this until Telegram announce it officially. If the news is real, Telegram will announce it. Cannot trust an unknown person.
It looks like if that was fake news and till this time there was no information regarding the launch of TON node software and im searching in the various platforms and no one knows about if that was already released by the team or not. the ton platform development is running privately.
full member
Activity: 980
Merit: 132
Interesting information, but what will be the price of the token when it starts being sold on the exchange, how much speculation will start.
And on which exchange will it appear first?
full member
Activity: 602
Merit: 116
Virtually all digital companies are getting tokenised using blockchain technology to make transactions more efficient on the platform. Telegram, Facebook, Twitter and more to come. With the way things are going, the world Is going to be totally cashless by 2050. And it's a good thing.
Haven't heard any thing about Twitter's cryptocurrency. I don't think Twitter has such a plan to release a cryptocurrency. Telegram and Facebook are working on TON and Libra respectively. But Twitter haven't made an announcement regarding creating a cryptocurrency.
Am I missing something which I am unaware of? If yes, some one clarify me please.
hero member
Activity: 966
Merit: 502
Virtually all digital companies are getting tokenised using blockchain technology to make transactions more efficient on the platform. Telegram, Facebook, Twitter and more to come. With the way things are going, the world Is going to be totally cashless by 2050. And it's a good thing.
sr. member
Activity: 784
Merit: 250
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They have announced that TON would be compatible with ETH. However, TON is a huge project that can easily overcome one of top 5 coins, because they are doing things right, keeping the anonymity and are going decentralised.
full member
Activity: 1204
Merit: 102
It's better to provide a link when you post such a news.
Here is the link of news on Cointelegraph.
https://cointelegraph.com/news/report-telegram-to-launch-ton-blockchain-public-testing-on-sept-1

Any way, nothing has officially announced by Telegram team.
It's just a claim by an anonymous investor. We don't know even who is this investor. Till now we have heard many fake news and I don't believe this until Telegram announce it officially. If the news is real, Telegram will announce it. Cannot trust an unknown person.
so that means this information is still not proven true. even the telegram itself has not responded to this. There have been too many fake news stories about telegams regarding crypto in recent months.
jr. member
Activity: 129
Merit: 1
I hope that this project will be really innovaitve. A lot of hype around it
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