Telegram Announces Estimated Release Date for Platform and Token Launch

Author: Dylan B
Date: 
January 24, 2019
Read time: 
2 minutes

According to a source that is supposedly close to the CEO and founder of the Telegram global messaging app, Pavel Durov, the platform anticipates releasing the mainnet and the token for their blockchain-based platform known as the Telegram Open Network as early as March of this year.

According to a source that is supposedly close to the CEO and founder of the Telegram global messaging app, Pavel Durov, the platform anticipates releasing the mainnet and the token for their blockchain-based platform known as the Telegram Open Network as early as March of this year.

For those who have yet to hear of the application, Telegram is a global messaging app that focuses on speed and security and gives users the ability to send synced messages from all of their devices and share media as well as numerous file types using a system that acts as a hybrid between SMS and email.

Because of this application’s success (it has over 200 million active users monthly, placed in the top ten most popular messaging platforms, and was able to raise over 1.7 million dollars in two separate ICOs for the application itself as well as the upcoming TON platform), there is no doubt that the new network will be quickly adopted once it is released.

cryptomaniaks

The most important thing for users to know is that the source close to Durov also stated that the release date can extend beyond March as it extremely innovative. The TON platform, which will seek to provide people with a new way to exchange data and operate using a cryptocurrency known as Gram, has already received backlash in countries such as Iran and Russia due to its ability to reach around government control and the need for traditional currency.

While the TON platform is said to be approximately 90 percent finished, the date is only a placeholder but users could expect to see the network released as early as this year.

As can be seen in the section above, the blockchain technology that powers networks has the ability to help people share data and sidestep many current institutions. Are you interested in learning more about this disruptive technology and how it works? If so, visit our free blockchain 101 course to get the full explanation of how blockchain platforms function!

Posted by Dylan B

Dylan Buckley is a writer based in California. He became interested in cryptocurrency upon discovering it in 2014 and soon started investing as well as writing for a wide variety of clients and crypto-startups in the space. When he is not producing content for individuals and businesses, he is typically working on his own self-development content or making music.

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