Telegram’s blockchain project, TON, has entered the last preparation stage before going live. The code for running a blockchain node was released on the test network portal late Friday.
Liquid disclosed the public blockchain wallet address that has funds from Telegram’s Gram token sale, stating the funds will remain in cold storage until the release and delivery of the assets by Gram Asia.
According to some reports, Telegram Open Network (TON) will be compatible with Ethereum. The company is set to release the code to run a node on the Telegram Open Network (TON) on Sunday.
After raising more than $1 billion in one of the most successful ICOs in the crypto sector, Telegram is now ready to launch its Gram tokens by October. Button Wallet has also announced it will facilitate trading of the tokens.
Telegram has yet to publicly or formally acknowledge the project, but investors in last year’s $1.7 billion token offering, widely publicized in the press, are selling their gram allocations via OTC desks, exchanges and special-purpose vehicles.
According to Viber’s CEO, the company is going to work on the promotion of its native Rakuten coin that is being developed in cooperation with Rakuten.
Crypto loans firm Nexo said they will accept the Gram ICO token from Telegram as collateral allowing customers to use the tokens as backing for its instant credit lines and planned credit card.
Telegram’s unreleased Gram tokens are set for sale to the public at a price three times of its private placement. Still, the source from Telegram says they’ve never heard of Gram Asia.
Crypto trading platform Liquid announced they are holding a public sale of Telegram Open Network’s digital token – GRAM. To list the token, the platform partnered with Gram Asia, the largest holder of the native token of TON blockchain in Asia.