{"id":2123,"date":"2018-04-02T09:18:47","date_gmt":"2018-04-02T09:18:47","guid":{"rendered":"https:\/\/atozcrypto.org\/?p=2123"},"modified":"2018-04-02T09:19:25","modified_gmt":"2018-04-02T09:19:25","slug":"telegram-raised-1-7-billion-in-two-pre-icos","status":"publish","type":"post","link":"https:\/\/atozcrypto.org\/telegram-raised-1-7-billion-in-two-pre-icos\/","title":{"rendered":"Telegram Raised $1.7 Billion in two pre-ICOs"},"content":{"rendered":"<p><a href=\"https:\/\/www.coinbase.com\/join\/5742325d7c0e107ba900011c\"><img decoding=\"async\" class=\"wp-image-1937 aligncenter\" src=\"https:\/\/atozcrypto.org\/wp-content\/uploads\/2018\/03\/ad_banner_coinbase-300x37.jpg\" alt=\"\" width=\"551\" height=\"68\" srcset=\"https:\/\/atozcrypto.org\/wp-content\/uploads\/2018\/03\/ad_banner_coinbase-300x37.jpg 300w, https:\/\/atozcrypto.org\/wp-content\/uploads\/2018\/03\/ad_banner_coinbase-768x94.jpg 768w, https:\/\/atozcrypto.org\/wp-content\/uploads\/2018\/03\/ad_banner_coinbase-1024x126.jpg 1024w, https:\/\/atozcrypto.org\/wp-content\/uploads\/2018\/03\/ad_banner_coinbase-850x104.jpg 850w, https:\/\/atozcrypto.org\/wp-content\/uploads\/2018\/03\/ad_banner_coinbase.jpg 1141w\" sizes=\"(max-width: 551px) 100vw, 551px\" \/><\/a><\/p>\n<p id=\"cIkueS\">In February, secure messaging service Telegram launched a presale for its cryptocurency prior to an Initial Coin Offering (ICO), raising $850 million from 81 investors, and later that month,\u00a0<em>The Verge<\/em>\u00a0learned that it was launching a\u00a0<a href=\"https:\/\/www.theverge.com\/2018\/2\/21\/17037606\/telegram-open-network-app-ico-cryptocurrency-ton\">second private presale<\/a>, in which it aimed to double that amount.\u00a0<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-03-30\/telegram-raises-1-7-billion-in-coin-offering-may-seek-more\"><em>Bloomberg Technology\u00a0<\/em>reports<\/a>\u00a0that<em>\u00a0<\/em>the company did just that, and has raised a total of $1.7 billion in March between the two sales.<\/p>\n<p id=\"ZxJBxz\"><img decoding=\"async\" class=\" wp-image-2126 aligncenter\" src=\"https:\/\/atozcrypto.org\/wp-content\/uploads\/2018\/04\/tel-300x182.png\" alt=\"\" width=\"422\" height=\"256\" srcset=\"https:\/\/atozcrypto.org\/wp-content\/uploads\/2018\/04\/tel-300x182.png 300w, https:\/\/atozcrypto.org\/wp-content\/uploads\/2018\/04\/tel-768x466.png 768w, https:\/\/atozcrypto.org\/wp-content\/uploads\/2018\/04\/tel-1024x622.png 1024w, https:\/\/atozcrypto.org\/wp-content\/uploads\/2018\/04\/tel-850x516.png 850w, https:\/\/atozcrypto.org\/wp-content\/uploads\/2018\/04\/tel.png 1462w\" sizes=\"(max-width: 422px) 100vw, 422px\" \/>In a\u00a0<a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1729650\/000095017218000060\/xslFormDX01\/primary_doc.xml\">filing to the Securities and Exchanges Commission<\/a>, Telegram says that it raised an additional $850 million from 94 investors in the second sale, bringing the total amount to $1.7 billion. It also says that it might \u201cpursue one or more subsequent offerings\u201d beyond these first two sales.<\/p>\n<p id=\"6LV53h\">The company is looking to launch what it calls the Telegram Open Network (TON), an Ethereum-like ecosystem with apps, services, and a store for digital and physical goods, and in its filing, says that it plans to use the proceeds from the ICO to fund its development.<\/p>\n<p><a href=\"https:\/\/www.coinbase.com\/join\/5742325d7c0e107ba900011c\"><img decoding=\"async\" class=\"size-medium wp-image-1938 aligncenter\" src=\"https:\/\/atozcrypto.org\/wp-content\/uploads\/2018\/03\/coinbaseB-300x250.png\" alt=\"\" width=\"300\" height=\"250\" \/><\/a><\/p>\n<p>Source: Theverge<\/p>\n<p>Picture courtesy Bloomberg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In February, secure messaging service Telegram launched a presale for its cryptocurency prior to an Initial Coin Offering (ICO), raising $850 million from 81 investors, and later that month,\u00a0The Verge\u00a0learned that it was launching a\u00a0second private presale, in which it aimed to double that amount.\u00a0Bloomberg Technology\u00a0reports\u00a0that\u00a0the company did just that, and has raised a total &hellip;<\/p>\n","protected":false},"author":1,"featured_media":2124,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pgc_meta":"","_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[17],"tags":[],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - 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