It is no news that one of the top instant messaging platforms in the world, Telegram has also found a spot in the crypto world, as it has its new cryptocurrency called the “Gram”, and this digital asset is expected to begin pre-sale on the 10th of July 2019, and it will happen through Liquid by Quoine, which is a Japanese exchange. This pre-sale is coming before the main launch that is scheduled to happen on the 31st of October 2019. However, the plot is not as straightforward as it seems, because residents of the United States, Japan, North Korea, and several other countries will not be able to buy the tokens.
According to Liquid by Quoine, the pre-sale is not really a listing, rather the exchange is saying that it intends to sell an undisclosed number of coins that are being held at the moment by Gram Asia, which is located in South Korea. Gram Asia has claimed that it is the biggest single holder of the Grams token in all of Asia.
Gram Asia has strong business ties with Liquid and Telegram, and the company supports the TON ecosystem through the deployment of a network of important partners who will provide the operations. Furthermore, Gram Asia will also provide considerable capital needed to facilitate some operations.
Liquid has said that users can make purchases of the token in USD and USDC, and the purchase of the Grams will be seen in their Liquid wallet the moment they buy. Furthermore, the platform has stated that there will be a minting of Grams which will get delivered to the wallets of the customers.
Some members of the crypto community are surprised that no pre-sale announcements have been made about the pre-sale by Telegram, and according to the C.E.O. of Quoine, Mike Kayamori on Telegram’s silence, he says that’s the way Telegram has been since.
Furthermore, Kayamori also said that the token listing is in line with Telegram’s plan and strategy for TON. He also stated that there has always been a plan for a public sale that would happen between the prelaunch (testnet) and the main launch (mainnet). Before now, Telegram had indicated that it was going to partner with a regulated exchange to observe the operations and see how successful the process would be before getting listed in October.
In previous reports, Telegram said they wanted to launch the Gram from exchanges in East Asia. They have their reasons for wanting it that way, and the launch will be an added success story for the cryptocurrency world.
Facebook Crypto Coin
We know about Facebook’s “Globalcoin” that is getting launched soon, hence, with social media platforms and Instant messaging services adopting the use of cryptocurrencies, there is the tendency for the crypto community to get an influx of users in the near future, and that is good news for the crypto world, as it will drive cryptocurrency to mass adoption, which is one thing a lot of crypto investors, stakeholders and users are hoping to achieve.
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