This article reports that the messaging company Telegram is planning to launch its own cryptocurrency. For that purpose, Telegram will launch an ICO worth hundreds of millions of dollars!
However, In my opinion these are only rumours because the whitepaper that article mentions, cannot be found anywhere on the internet as yet. But if this news is true, then like that article says, this crypto can become huge as there are already 180 million users of Telegram and because Telegram is already used as the de facto channel for communication when it comes to the crypto community. Moreover, due to the privacy Telegram provides using its encryption methods, transactions could remain anonymous.
The article also mentions that according to the sources, Telegram would allow users to hold both fiat and Telegram's cryptocurrency in their wallet.
If this news is true, I would be definitely participating in this ICO. What about you guys?
Wow, Wonderful and Amazing Breaking news for me!
I think it's a good news for Crypto World.
Yes indeed brother @irfanullah!
Thanks for updating It appears Telegram is about to jump into the train,
hahaha.....@hmushtaq
Yup. Would be really great if they do :)
I was shocked when I heard it aye lol
What is so shocking :)? But if they do it, it would be really cool. Would make payments and remittances very convenient.
Maybe I would look into it. I recently saw Edward Snowden say Telegram was not as secure as it claims to be. https://www.hackread.com/snowden-explains-why-telegram-messenger-is-unsafe/
So not sure.
If ICO will be convenient, surely i want to use it bro @hmushtaq
I follow you and I like.. Thank you .
Yesterday I read the news and the truth looks very well thought out and will be a new form of payment like WeChat.
But the minimum initial offer will be 20 million XD and will require a real fiduciary currency, that is, not btc or eth or any other ico,
what is beyond the reach of many.
You got a 1.19% upvote from @upmyvote courtesy of @hmushtaq!