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Telegram’s ICO Token Is Finally Open for Public Sale

Telegram, the famous and most secured chat app, will be organising a sale for its crypto token, ‘Gram’, open for its retail investors through a limited listing. The sale will be carried out prior to a full public sale to be hosted by the company in coming October, starting from July 10.

gram token from telegram
Image Source: news.bitcoin.com

Telegram has previously hosted a massive token sale in the month of February and March in 2018, where it raised a record-high $1.7 billion, despite the sale being limited only to accredited investors. It was the biggest fundraiser organised by a crypto token offering. The fundraiser was to support the development of the Telegram Open Network (TON), a blockchain project that was targetted to decentralise the operations, including file sharing, carried out through digital communication on Telegram.

The sale will go live on the crypto exchange Liquid and is a limited offering. According to the Gram sale page on Liquid’s website, the sale is open globally, except for nations, including the U.S., Korea and Japan, due to some security issues. Though the investors can buy the tokens in exchange for the U.S. dollars or the USDC stable coin.

The website also states that the sold tokens won’t be tradeable as soon they are sold. “The tokens being sold will not be released until after TON goes live (mainnet release), in accordance with the delivery schedule. Purchasers will not be able to transfer, withdraw, or trade the Grams before they are released.” says the gram sale page on the Liquid website.

Telegram has not revealed on the cost and the number of the tokens to be sold. But it has revealed that it will disclose the number of tokens held by Gram Asia. Gram Asia is a Korea based organization, which claims to hold the biggest share of the Gram tokens in Asia.

The company has not commented on the news yet, and an unofficial TON channel has requested the investors to wait for the piece of official information from Telegram.

Facebook Might Bring Back the Chat Feature to its Mobile App

Almost five years ago, Facebook started pushing its users to use its standalone messaging app, Facebook Messenger, by disabling the chat feature from its social media app. At the time, most of the people were annoyed with this step taken by the company, but in past years they have become apt with the messaging app.

facebook messenger
Image Source: hanoitimes.vn

But in recent years, having got the most of the user engagement on the messenger, rather than the social media platform, it might be possible that Facebook is encouraged to bring the chat feature back to its Facebook app. Noticeably, the Facebook messenger is currently serving to over 1.3 billion monthly users, which is huge.

According to a tweet by the researcher Jane Manchun Wong, Facebook is testing the basic chat feature on its social media app. Wong tweeted, “Facebook is bringing the Chats back to the app for preparing integrated messaging.” In fact, she had tweeted a few hours before this tweet that she will be uncovering one upcoming feature that most of the people will like.

About a month ago the Facebook CEO, Mark Zuckerberg had mentioned that the company will be having its emphasis more on its messaging unit. He had also expressed his intention for unifying all the messaging app from Facebook, i.e., Facebook Messenger, WhatsApp, and Instagram. And, now the testing of the new chat feature for the Facebook app may be the company’s first step towards the very objective.

For now, the company is testing a basic chat feature for the Facebook app, and according to reports, there is no support for the video call, image sharing, the sticker sharing and the other Messenger options in it.

The company has not commented on the matter yet, and there may be a possibility that the feature remains unreleased for quite some time, as it is still in testing. According to Wong, there has been no mention of dissolving the Facebook Messenger as it will continue to serve the users that are on Facebook solely to use the messaging app and are not active on the Facebook app.