According to the filed in the SEC report of March 29, in the second closed round ICO Telegram raised $850 million from 94 investors, after which the total investment in the project amounted to $1.7 billion. Thus in mass media there was information that the Telegram is planning to abandon the public round, as it has the ability to attract the required amount within the closed tocancel. Application published SEC also indicates that the company reserves the right to continue to hold «one or more» a range of coins (according to rumors, the project expects to collect a total of $2.25 billion).
Meanwhile, on 13 April, during the court hearing Roskomnadzor—Telegram, Tagansky court of Moscow ruled to block the messenger on the territory of the Russian Federation after Pavel Durov repeatedly refused to give the FSB the keys to decrypt the messages. «The restriction on access to information will be valid until fulfillment of requirements of the FSB on the provision of decryption keys for messages of messenger users,» said the judge Yuliya Smolina. Lawyers international Association «Agora», representing the Telegram, intend to appeal the ban, as reported TASS head of the information Department of the «Agora» Dmitry Kolbasin (by the decision of Pavel Durov Telegram representatives were not present at the trial — «not to legitimize outright farce»). «Privacy is not for sale, but human rights should not be compromised out of fear or greed… In Telegram we can afford not to care about revenue and ad sales,» — said Durov in the Twitter with reference to its own channel in the Telegram.
According to experts, the ruling will not have a significant effect either on the ecosystem of the Telegram, nor on ICO. «In Russia there are about 7 million active users of Telegram 200 million worldwide, which shows a loss of 3.5% of users. Some of these users will continue to use messenger using a VPN and proxies, as stated even the Deputy Minister,» said a senior analyst at IC «freedom Finance» Vadim Merkulov. In his view, forced the lock will not create bad PR for Telegram, but rather will have the opposite effect: «luckily for the position of the messenger of Pavel Durov is almost always different from the interests of the Russian government, in principle, was the original cause of the creation of the Telegram. In the end, whichever way to look at is the brainchild of Pavel Durov protected from legal actions of law enforcement bodies of Russia, which only strengthens the faith of investors», — said Merkulov. According to «Interfax» on Friday, after the court decision, the Telegram became the most popular free app in the app Store, and according to «MegaFon», the user activity Telegram at the same time increased by 20%. According to the forecast of the analyst «MK,» the effect of market lock for the Telegram will not exceed 2.5% of the possible financial losses.
With respect to investment in TON, given that the Telegram reports to the SEC, «it is highly unlikely that the trial in Russia somehow affect ICO», — says the analyst of trading platform eToro Michael Mashchenko. At the same time the representative of the consulting company «Expert plus» Maria Salnikova said that investors can encounter problems in case, if sanctions are expanded and begin to provide for additional restrictions on cooperation with Russian investors. However, this fact is unlikely to represent a risk to the Telegram, it is consistent with the policy, which, according to unofficial information, were announced in the agreement with the investors: the project is placing extremely high demands on the participants. ICO from minimum amount investment of $20 million and required the recognition of a businessman in the international arena to capacity from the sale of tokens to the persons falling in any of the sanctions lists the USA, UK, EU and UN security Council, as well as their relatives. The contract also States that the tokens cannot be used for sanctions violations and money laundering. Although the list of investors TON is not disclosed, media reports, citing insiders reported that up to stated requirements «held» bill gates, Roman Abramovich, Richard Branson, co-founder of Qiwi Sergey Solonin, co-founder of «Wimm-bill-Dann» David Yakobashvili, co-founder Mail.Ru Group Yuri Milner, acne Buterin and a number of large funds from Silicon valley.
It is hard to disagree that arose after the trial the validity of the decisions that need to be implemented in the TON, became more urgent, and the Telegram has been tested for strength, thus reinforcing its reputation. In this sense, sad for many users (and also for the company itself), the court may be generous advertising campaign. «To resist the state representative in the encryption issue — the right direction by issuing its own cryptocurrency. If the Telegram gave the FSB the keys investment in its token would be greatly affected,» said Nolan Bauerle, head of research at CoinDesk.
TON ideologically connected with the Telegram in the aspect of privacy: messenger end-to-end encryption protects user collaboration, while TON designed to avoid government control and from the perspective of Finance, as the money will transfer directly in the messenger. Technically this idea is realized in several underlying products platform. For anonymity among them meets TON Proxy — proxy network layer TON, which will allow to hide the identities and IP addresses of nod TON. «As in the project «Invisible Internet» (I2P), this level can be used to create a decentralized VPN services and TOR alternatives based on the blockchain. Along with TON and TON of P2P Network DNS, Proxy TON can do any service, including Telegram, resistant to censorship», — stated in the white paper of the project. According to the description, TON is a «multi-blockchain»: it involves complex protocols that can be used repeatedly and in different variations to increase the flexibility of the platform. One of such protocols is a TON of P2P Network through which the access to the block chain TON.
Another key service — THANK DNS the domain name system that assigns accounts, smart contracts, services, and node easy-to-read titles, and provides access to decentralized services according to the principle of access to sites on the world wide web. TON Storage — decentralized file storage, access to which is carried out through a TON of P2P Network using smart contracts (according to the white paper, the technology is somewhat similar to the principle of access to the torrent files). The ability TON Storage is much broader than just the «decentralized Dropbox»: it is designed including for decentralized applications with a large amount of data, comparable to Youtube and Telegram. TON Services is a platform for third-party services, which provides an intuitive interface for decentralized applications and smart contracts. TON Payments — micropayments platform and a network of micropayment channels, allowing instant ofcan transactions between users, bots and other services. These components, according to the white paper will be released after the release of the blockchain TON Core and will increase the potential usage scenarios of infrastructure TON.
While ICO Telegram is a «simple agreement for future tokens» (SAFT), according to which, investors buy the tokens, and the right to receive them when it is ready, TON. So, each purchased investment contract should be converted into the internal token platform — Gram — in a ratio of 1:1 after the launch of the TON, which, according to the road map project, held in the fourth quarter of 2018. In the same time interval promises to be a «light wallet» integrated into the Telegram: it will allow you to store cryptocurrency without downloading a bulky blockchain, and pay based on a TON of services and applications. Thanks to the speed, anonymity and convenience, TON plans to work around not only Bitcoin and Ethereum, but traditional payment systems Visa and Mastercard, making Gram main means of payment: «Someone like Telegram or WhatsApp, need to make the cryptocurrency mainstream,» said Iqbal informed Gandham, managing Director, eToro also emphasizing that Telegram already focused all crypto-audience, and noting the «amazing technical side of the project» and the background of the founders: «I think the whole world would have invested if I could,» said Gandham.
Today the burgeoning decentralization of Internet services — a kind of «back to nature», a return to basics and to the original idea of the Internet as a decentralized power, the transmitting power in the hands of the people. The ability to bypass the censorship here is rather a by-product, whereas the main purpose of the blockchain platforms is the normalization of relations between users and the ecosystem due to the elimination of intermediaries — whether search engines, advertising platform or a traditional provider of social media. In any area where it comes to decentralization, it is the same principle: using tokens the user can control their spending, buying only those products and services that it needs to control access to personal information and share it at their discretion (and not under the rules established by the user agreement of the company), and carry out activities to create content, products and services absolutely full — not sharing income with advertising and other intermediary services.
Examples of «new generation» social media are platforms like «the Voice» and Synereo, which reward users for the content and at the same time using the rating system to ensure the quality of materials and does not allow the emergence of fake news. Such a system can be implemented at any sites. «With the rise of blockchain socio-economic interaction improves and becomes more affordable as we move from the Internet information to the Internet values,» — said Derin CAG, founder of news portal Richtopia. A whole range of applications that can be used in different areas of business, ensuring maximum safety of the buyer and the seller, recently presented the team Blockstream in the «week of the application on the basis of Lightning». «LApps completely change the distribution of forces for the creators of online content. Previously, they depended on advertising revenues and were forced to work with advertising platforms. FileBazaar (and other new LApps) allow content creators to independently conduct business online,» write the developers.
At the same time, as recent events at the international level, including the act Cloud and the scandal of the Cambridge Analytica, which used data from 50 million users Facebook for political advertising — the interests of the users at odds with the interests of centralized corporations not only from an economic point of view, but also from a political and, one might say, ethical. In this «Bermuda triangle» in a hurry rescue helicopter decentralization.