Pavel Durov is launching the second pre-sale of his GRAM cryptocurrency before the public initial coin offering (ICO). This has been reported by The Verge with the citation of the sources.
The publication claims that investors received emails that inform abou the launch of a second preliminary sale. According to the sources, the amount of revenue has not yet been determined. It is expected that it will be no less than the amount of investments attracted by the results of the first pre-sale, which made up $850 million. If revenue targets are realized, the company will be able to receive more than $ 1.6 billion before the ICO.
The company refused to comment on the new pre-sale. As expected, the public ICO of Telegram will be held in March.
Earlier, the US Securities and Exchange Commission (SEC) reported that Durov attracted 850 million dollars from 81 investors to the ICO. The maximum check from one investor was $20 million. The funds raised will be used to develop a new blockchain platform Telegram Open Network with its own cryptocurrency GRAM, as well as Telegram messenger.