Pavel Durov: Who’s He And What Does He Have to Do with Cryptocurrencies?

Pavel Durov is a 33-year-old entrepreneur from Russia who created the largest European Social network Vkontakte back in 2006. Millions of people from Russia, Ukraine, Belarus and many other countries joined “VK” and have been enjoying its user-friendly interface and functionality.

In 2013 Pavel’s business reached global level when he created Telegram together with his brother Nicolai. By that time he also left Vkontakte. Telegram is a popular cross platform messaging app. Early in 2018 it had 200 million active users and Pavel noted that 600 thousand new users joined the service daily.

Vkontakte was really a breakthrough back in 2006 when the russian online space had no such kind of social network and even Facebook was launched only two years ago and became available to every Internet user the same year as Vkontakte. Telegram, however, was not the first messenger as of 2013. Whatsapp, Facebook Messenger and Viber, without mentioning Skype and other veterans, had already existed for several years and gained popularity. Anyway, Telegram did not only manage to take its share of the market but also actually became the best messaging app that has really user-friendly interface, is fast and very secure. Telegram ensures such a great privacy that some countries try to ban it, especially after it was revealed that terrorist organization ISIS members used it for communication and propaganda. Today state authorities and secret services cannot access private user dialogues due to special encryption methods with generated private keys.

Pavel left Russia when started developing Telegram. He’s now travelling together with his developers from one country to another and does not want to settle down somewhere. The New York Times quotes Pavel: “I’m very happy right now without any property anywhere. I consider myself a legal citizen of the world”. Besides, a billionaire Pavel said that in Russia he met some very rich people with private ships, aircrafts and luxury estates and that he did not wanted all of that for himself.

So what does Pavel Durov have to do with cryptocurrency? The Coin Shark has already posted an article about Telegram planning to launch a blockchain platform called Telegram Open Network (TON) with its virtual currency Gram. Telegram holds the largest token sale ever to raise money for the project. During the private pre sale Telegram is said to collect around $850 million, and is going.to raise billions during the token sale itself. However, Gram tokens are not available for a large number of investors and there’s a little official information about the token sale.

Telegram’s going to revolutionize blockchain by creating first massively adopted easy-to-use cryptocurrency available for everyone. Users will be able to use TON to carry out fast transactions directly in their messenger, launch ICOs, develop their own virtual currency and much more.

Telegram token sale is often referred to as the greatest current cryptocurrency market event and who stands behind it is Pavel Durov together with his developers team.

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