Public ICO Telegram may not take place The organizer of the ICO Telegram may refuse to hold a public ICO, which was scheduled for March. It is expected that the required amount of $ 3 billion Telegram can collect during the closed sale of its Gram tokens, which will make the need for a public campaign disappear by itself. RBC writes about this with reference to two presentations for potential investors.

Telegram public ICO may not take place

The organizer of the ICO Telegram may refuse to hold a public ICO, which was scheduled for March. It is expected that the required amount of $ 3 billion Telegram can collect during the closed selling their Gram tokens, because of which the need for a public campaign will disappear by itself. About writes this RBC with reference to two presentations for potential investors.

In presentations on behalf of venture funds iTechCapital and Da Vinci Capital, investors are invited participate in the second part of the private token sale.

One of the sources of RBC confirmed this information: “Even with a private placement, they have the opportunity to collect the entire amount they need - there are many offers from investors. In addition, they can now refuse "unsuitable" investors, which may not work out during a public offering ".

It is also known that by the second round of the campaign, the price of the token has grown significantly. If at the first stages it was $ 0.38, then the documents for the current round say the cost of $ 1.1 - $ 1.45.

A total of 5 billion Gram will be issued. More than half of this number will be distributed to investors, 4% will be reserved for developers, and the unsold portion will be kept as a reserve.

Recall that earlier became known that Roman Abramovich and co-founder of the Qiwi payment service Sergey Solonin took part in the ICO Telegram.

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