18 февраля 2020
Telegram Open Network Release Is on the Last Stage of Preparing
This year’s most anticipated project TON (Telegram Open Network) is already at the stage of completion. Before launching the project, Pavel Durov’s team need to apply the finishing touches to the project, here is a run down through what is already done, and what is already in the progress:
The next portion of news was released in February of this year, In order to increase the interest and draw the attention of the public to this project.
Testing of the network has already begun in January, in order to avoid errors at startup. And in February, the project had already began receiving proposals from other companies. There is already a huge amount of them, and it’s just the beginning.
Approximately at the end of March, but with possible delays, the public will see and be able to test the main network of the project Telegram Open Network.
Two reports regarding TON were found by us from HASH Crypto Investment Bank, where the Autumn Story was present affecting market dynamics. According to forecasts, the cost of one GRAM token at the end of 2019 will be $ 5.90, which is ten times higher in price than it was during the pre-sale of tokens to a limited number of investors. In addition, the value of $ 5.9 is the target price for one coin.
This is the third price that was stated in the note that was sent by the @Tgram channel, for publication in the journal called – TheBell. It is worth mentioning that at that price, the capitalization of Gram cryptocurrency will be about $ 29.5 billion
The GRAM tokens will be the breakthrough of the year, as they will connect to the transaction system for money transfers. For example, they can be used when buying goods in online stores. A similar principle applies to other websites, but the level of data protection is much lower if they even have one. The decentralized system invented by Pavel Durov’s team has high bandwidth. According to the developers, blockchain is capable of handling several million operations in just a second. Today in the cryptocurrency world there is no tokens that are similar to GRAM tokens and this is their big plus. Bitcoin processes only 7 operations per second, Ethereum — 25. But GRAM bandwidth is similar to such payment platforms, like MasterCard or VISA. According to the roadmap, which can be studied online, Telegram Open Network will be functioning fully by 2021, however it is not the final release date. There might be a delay in launch due to various technical challenges and innovative ideas. After the final launch, Pavel Durov will leave the office of the blockchain platform, and it’s name will change to The Open Network. In addition to it, there will be some serious fundamental improvements to the project as well. TON will turn into full decentralized internet that will be controlled bh the TON Foundation. This company will maintain blockchain in working condition. Project TON and its features
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New cryptocurrency will be the exclusive means of payment in Telegram messenger (the wallet will be embedded right in system). Gram is created self-sufficient: the kit includes wallet, exchanger and additional services.The main difference between Gram and most similar cryptocurrencies there will be a lack of control by any state which means that problems like intervention from regulatory authorities becomes impossible, along with tax deductions or freezing accounts.On the issue of state supervision: in the future, Russians may encounter problems with the withdrawal of funds from Gram. Beginning with 06/01/2018. Tax Service received another tool that will be used to control citizens ’finances in the form of extension of rights to control crediting funds to the accounts of individuals. In practice, this means that account holder may request information about any money transaction that went in to the account.So there is a struggle with undeclared income: for example, from freelancing or renting an apartment. The Tax inspection is usually not interested in small amounts; however it doesn’t mean that you shouldn’t be prepared in case if they are going to bring down their attention to your finances. GRAM is the unit of the Telegram Open Network that is used as a means of payment
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Telegram Open Network is a long-term project
At the end of 2017, the cryptocurrency became widespread and everyone was talking about it. Today, the hype is long gone. However it does not mean that the digital technology has no feature. As a matter of the fact, there are evidences that large companies like facebook, amazon, and google had adopted the blockchain technology themselves. Telegram Open Network also intends to prove their worth and pricelessness in the world.
Pros of non-public ICO Telegram Open Network
Information that private investors will not be able to invest their savings into the Telegram Open Network project, had caused different reaction. Most of the investors are upset because of significant raise of the threshold for investment. However, the fact that public ICO had been refused has some positive aspects.
Today, investors don’t have to worry aboht the invested funds, so how the placement of tokens is fully consistent with international financial regulators FINMA and SEC. It gives full protection for companies that have invested money in the project, and also gives additional success status to the Telegram Open Network project.
User base
Telegram is currently being used by over 200 million users worldwide, each of them will be able to use the wallet Gram. That’s why we are sure that it would not be a problem to spread cryptocurrency. Developers will make a Telegram Wallet quite convenient to use. According to them, it is simplicity today is what the rest cryptocurrency platforms cannot achieve.
Telegram Passport
Popular Telegram messenger helps to increase confidence in the project. Gram cryptocurrency will be in demand on the financial market. In addition, the token can easily be converted to fiat means that also adds formal legalization of the coin to world economy.
