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Telegram Open Network

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The following is an experimental basic listing sponsored by the WINGS Foundation.

If you are an analyst ignore the text in the forecast question, and instead forecast the daily average unit price of the coin as seen on coinmarketcap.com 30 days after it goes live.

Again do NOT forecast the total market valuation; you are asked to forecast this coin’s price 30 days after it goes live.

Executive Summary

Telegram Open Network, TON – protected by a built-in proxy and anonymizer darknet platform. The project is based on the principle of the P2P overlay network. The network provides messaging services, payment operations in Gram cryptocurrency, data storage tools, and an operating system for decentralized applications.

TON is a combination of the following components: TON Blockchain, TON P2P Network, TON Storage, TON Proxy, TON Services, TON DNS, TON Payments, TON DHT.

The project decided to combine centralized and decentralized infrastructure. TON is a darknet with full-fledged services ranging from payments to file and application storage, which is based on the paradigm of a distributed system without dependence on a permanent connection to control servers. Telegram raised $ 1.7 billion to develop the project in two rounds of the closed ICO in 2018. This is the largest ICO in history after EOS and Petro (Ptr). Telegram will begin testing the TON blockchain platform in the late fall of 2018.

Gram is a cryptocurrency developed for Telegram and based on TON blockchain. The advantage of Gram and Telegram Open Network is the high speed of transactions. Cryptocurrencies created on blockchain networks of previous generations, due to the low transaction speed, are more suitable for investment than for payments. For example, Bitcoin network can process only 7 transactions per second, Ethereum – 15. The speed of the Gram cryptocurrency will be millions of transactions per second. According to developers, Gram will become a crypto-analog of Visa and Mastercard payment systems.

Token: Gram

ICO or Token Sale Price: 1 Gram = 1.1 USD

Platform: TON

Raised: $1,700,000,000

 

Source: Wings

 

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