Gram Cryptocurrency: Review of the Sensational Token from Pavel Durov

gram cryptocurrency

At the end of last year, Pavel Durov, a well-known businessman, creator of the Russian social network “VKontakte” and instant messenger Telegram, decided to create not just his own digital coin, but a whole decentralized payment network. In this article we will discuss the Gram project in detail, talk about its main features and prospects for the future.

Contents:
(please, click the topic to scroll down to it)

  1. What is Gram cryptocurrency?
  2. ICO of the project
  3. Gram cryptocurrency wallet
  4. What are the prospects of the project?
  5. Conclusion

1. What is Gram cryptocurrency?

Gram is a digital coin that is an integral part of the global Telegram Open Network project. This platform will have an innovative architecture that will allow it to achieve unimaginable, by today’s standards, throughput of 1,000,000 transactions per second. For understanding how much this is, you should compare it with the most popular payment service for today, Visa. According to the representatives of the company, their service can handle 24 thousand operations per second, and in theory, this number can reach 56 thousand. But the reality is that the service rarely exceeds the threshold of 1,700 transactions per second. Million, in comparison with it seems something really sky-high. And Bitcoin with its 7 operations per second seems something prehistoric.

The TON project solves two main problems of modern cryptocurrencies at once:

  • scalability;
  • forks (the system will itself roll over updates, and in case of an error block, it will independently correct the subsequent ones).

2. ICO of the project

The cryptocurrency of Pavel Durov had one of the most successful ICOs in history. This is in view of the fact that the project did not conduct public sales of its tokens. In March of this year, two closed rounds of pre-ICO “for friends” were held. In the first, 81 investors participated; in total they invested $850 million. In the second round, investors became slightly larger, there were already more people, they also bought tokens for 850 million dollars. As a result, the project collected about 1.7 billion dollars of investment, which at that time was an absolute record in the industry (a little later EOS broke this record, having collected about 4 billion dollars).

It is worth noting that it was not possible to buy Gram for ordinary private investors within closed rounds of ICO, since the minimum threshold for entering the project was a figure of 1 million dollars.

3. Gram cryptocurrency wallet

Since Gram will have its own blockchain system, the developers assure that they will also create an innovative official wallet. It will be possible to store not only the project’s tokens, but also the usual fiat money in it. Its presentation will take place at the end of 2018.

4. What are the prospects of the project?

The work of developers on the project has already started. For an understanding of further plans for the development of TON, see RoadMap:

  • I quarter of 2018 – development of a secure identifier;
  • Q2 2018 – the first tests of the platform;
  • Q3 2018 – in-depth TON security testing;
  • Q4 2018 – completion of works and official presentation of the TON network and wallet;
  • Q1 2019 – platform integration into Telegram messenger;
  • Q2 2019 – the final launch of the project.

Also, early next year, Durov and his team predict the listing of their tokens on most popular cryptocurrency exchanges.

5. Conclusion

It should be noted that if the development team succeeds in implementing the plan, then this cryptocurrency can become one of the most popular on the market. Now the messenger is used by more than 200 million people. After the successful completion of all work on the creation of the network, Gram can easily enter the TOP-5 of the cryptocurrency projects in terms of the level of capitalization. But the implementation of these forecasts does not happen until mid-2019.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Cryptocurrency Prices Today, March 22: Cryptocurrencies Slightly Moved to the Red Zone

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices

According to the online platform Coin360, Bitcoin (BTC) lost 0.64% in the past 24 hours. The price at the time of writing is $4004 per coin.

Cryptocurrencies are showing a slight decrease:

Bitcoin Cash lost 3%, Bitcoin SV dropped by 0.8%, the value of the coins is $153 and $65, respectively;

Ripple fell by 1.7% and costs $0.31;

EOS lost 2.7%, and its price is $3.61;

Litecoin decreased by 1.9%, and its value is $58;

Cardano added 4.2%, and its cost is $0.056;

Stellar dropped by 3.4% and costs $0.10;

IOTA grew by 3.4%, and its cost $0.30;

Dash became cheaper by 2%, and its price is $90;

Monero fell by 3% and costs $53.

Over the past 24 hours, Ethereum lost 1.8%. The exchange rate of the coin is $136.

The total market capitalization is $139 billion. Bitcoin accounts for 50.9% of the total volume. In monetary terms, this is $71 billion.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Cryptocurrency Prices Today, March 20: Cryptocurrencies Are Slightly Moving To The Red Zone

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency Rate

According to the Coin360 online platform, Bitcoin (BTC) has remained stable over the past 24 hours and added 0.11%. The price at the time of writing is $3980 per coin.

Cryptocurrencies are mostly decreased:

Bitcoin Cash dropped by 1.42%, Bitcoin SV has lost 0.33%, the value of coins is $155 and $65, respectively;

Ripple fell down by 0.9% and costs $0.31;

EOS minus 1.66% and its price is $3.66;

Litecoin decreased by 0.4% and its price is $59;

Cardano added 3.28% and its value is $0.051;

Stellar dropped by 2.9% and costs $0.11;

IOTA minus 0.5% and its cost is $0.29;

Dash increased by 0.75% and its price is $91;

Monero added 2.6% and costs $53;

Over the past 24 hours, Ethereum has lost 0.5%. The rate of the coin is $136.

The total market capitalization is $140 billion. Bitcoin accounts for 50.9% of the total. In monetary terms, this is $71 billion.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Cryptocurrency Prices Today, March 19: Bitcoin Remains in Place

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices

According to the online platform Coin360, Bitcoin (BTC) remained stable over the past 24 hours and lost 0.08%. The price at the time of writing is $3982 per coin.

Cryptocurrencies are mostly in the green zone:

Bitcoin Cash added 0.75%, Bitcoin SV lost 1.84%, the value of coins is $157 and $65, respectively;

Ripple minus 1.78% and costs $0.31;

EOS plus 0.13%, and its price is $3.7;

Litecoin added 0.3%, and its value is $59;

Cardano dropped by 0.65%, and its cost is $0.049;

Stellar added 6.7% and costs $0.11;

IOTA gained  1.7%, and its cost $0.29;

Dash fell by  1.36%, and its price is $91;

Monero added 1.25% and costs $52

Over the past 24 hours, Ethereum lost 0.5%. The rate of the coin is $136.

The total market capitalization is $140 billion. Bitcoin accounts for 50.8% of the total volume. In monetary terms, this is $71 billion.

TOP 5 Most Convenient Applications To Use And Work With Cryptocurrency

Cryptocurrency is one of the most promising and growing industries in our modern world. It is becoming more and more valuable to our society, as well as to the nations’ economies and banking systems, since people prefer more convenient ways of trading and transferring money. We therefore offer you to look at top 5 apps that the most convenient in using and working with crypto.

1. Keymano

Keymano is a top wallet that provides a customer with a myriad of opportunities. It’s very convenient, fast and secure. Managing crypto or fiat money through Keymano wallet is easy. Using Keymano wallet anyone can sell, buy or send crypto on the go. It is user-friendly and straightforward.

Connect Keymano Card and Wallet to get even more functions. This Card allows you to make payments online and in-store. Moreover, the user can withdraw cash at any ATM terminal.

Keymano is a fully-featured product which not only simplifies managing crypto but also creates more ways to use it. With Keymano any transaction (from buying coffee to money exchange) is simple and always available in any part of the whole world. Having Keymano you can:

  • pay with crypto in any part of the world;
  • pay with BTC, ETH, etc;
  • manage multiple currencies in one App;
  • pay online or in-store using Keymano Card.

2. 365Сash

365Cash is a platform that provides services to users in different countries by organizing P2P transfers of digital assets. By the time of publication, the platform overcomes 850,000 cryptocurrency swaps. Such a big number extols this platform over others on the market. The service also possesses the following features:

  • Its own large ecosystem which uses nodes for cryptocurrencies and works automatically.
  • The most favorable rates for customers. The service earns on the difference in sales rates due to a large flow of customers and hedging the risks of cryptocurrency fluctuations.
  • Fully automatic system of receiving and paying funds to customers using the most popular payment system in Russia – Qiwi.
  • In future, it is planned to expand the pool of available cryptocurrencies.

3. Quppy 

Quppy is multicurrency payment system with unique cross-platform applications.The wallet provides users the ability to share crypto assets via different accounts inside one single wallet as far as within a decentralized storage system. By the end of the month, users will be able to withdraw money in euro. The platform also have some interesting features:

  • Sharing all your crypto assets through various accounts on one single platform.
  • Superior security for users based on blockchain technology.
  • Fast cryptocurrency exchange and instant transactions;
  • Multicurrency support including Bitcoin, Bitcoin Cash, Litecoin, etc.
  • Integration of Nexo – a service of the world’s fastest instant credit.

4. Chatex

Chatex is a platform that makes transfers, exchanging or paying for goods much more easier for every customer. Cryptobanking facilitates access to the use of cryptocurrency for those who have never had a cryptocurrency wallet and who do not want to understand difficult passwords, 12 words, etc. The service eliminates the possibility of loss of big passwords or phones, since it allows you to regain access during a personal appearance to the certification center. Unique feature are:

  • The wallet is protected by an additional PIN-code and in exchange transactions between people.
  • Instant internal transfers without commissions. Instant purchase with any VISA/MC.
  • Respond quickly to digital assets management requests from your smartphone.

5. Waves

Waves is revolutionary mobile app which enables users to connect to the network and make transactions. It is a comprehensive, all-in-one app for mobile devices with an absolutely unique feature set that includes a crypto wallet, the Waves DEX, and fiat gateway. The biggest advantages of the platform are:

  • All traffic is encrypted, hence privacy and security are fully provided. Private keys never leave users’ smartphone and are never exposed to the web.
  • Supporting Face ID, Touch ID and Fingerprint scanning.
  • Trading on DEX, with the great tools and charts, it provides access to fiat and crypto gateways, so the customer can deposit, store, trade and withdraw other assets.
  • The customer can send tokens to one’s address book contacts, lease one’s WAVES, receive warnings about suspicious tokens and burn any spam assets he/she doesn’t want.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Cryptocurrency Prices Today, March 15: Cryptocurrencies Are Rising in Price

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices

According to the online platform Coin360, Bitcoin (BTC) added 0.48% in the past 24 hours. Price at the time of writing is $3888 per coin.

Cryptocurrencies moved to the green zone:

Bitcoin Cash added 3%, Bitcoin SV gained 1%, the cost of the coins is $133 and $65, respectively;

Ripple grew by 0.25% and costs $0.31;

EOS increased by 1.3%, and its price is $3.6;

Litecoin added 1.9%, and its value rose to $56;

Cardano grew by 7.6%, and its cost is $0.049;

Stellar lost 2.6% and costs $0.10;

IOTA added 2.9%, and its value is $0.29;

Dash increased by 2.5% and its price $89;

Monero gained 0.4% and costs $51.

Over the past 24 hours, Ethereum became more expensive by 1.3%. The rate of the coin is $133.

The total market capitalization is $135 billion. Bitcoin accounts for 50.9% of the total volume. In monetary terms, this is $69 billion.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Cryptocurrency Prices Today, March 14: Cryptocurrencies Are Stable

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: cryptocurrency rate

According to the Coin360 online platform, Bitcoin (BTC) remains stable over the past 24 hours and has lost only 0.43% in price. The price at the time of writing is $3863 per coin.

Cryptocurrencies have not changed significantly in price:

Bitcoin Cash added 2.9%, Bitcoin SV lost 0.9%, the value of coins was $129 and $65, respectively;

Ripple dropped by 0.2% and costs $0.31;

EOS grew by 1.4% and its price is $3.57;

Litecoin increased by 1.75% and its price is $55;

Cardano lost 1.25% and its value is $0.046;

Stellar added 6.4% and costs $0.10;

IOTA has become more expensive by 1.4% and its cost is $0.28;

Dash decreased by 3.9% and its price is $87;

Monero added 1.9% and costs $51.

Over the past 24 hours, Ethereum has lost 1.56%. The rate of the coin is $131.

The total market capitalization is $134 billion. Bitcoin’s share is 51.1% of the total. In monetary terms, it is $68 billion.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/