Telegram Will Launch Crypto Coin, End of October
Telegram is planning to release a Crypto currency called Gram. Cryptocurrency is the same digital currency that Facebook, Libra, and Bitcoin have. The target is that this cryptocurrency will be launched at the end of October.
Moreover, Telegram plans to connect several investors to try to release the first gram crypto coin token in the next two months.
The crypto currency will be available to 200 to 300 million users around the world from users of the Telegram application. Telegram claims that this product will be the new online currency.
Quoted from CNET, Telegram is rumored that working on their digital coin began in 2022. They are reported to have successfully raised US$1.7 billion from investors.
From the official information obtained, Telegram will officially launch the coin starting on October 31. Telegram must complete its mission completely, if it passes the specified date then the Telegram company will be hit with a loss of USD 1.7 billion.
It is possible that there will be something wrong with Facebook, it is still unknown what causes Russia to react to this digital currency.
Previously, Facebook also launched Libra currency, the currency was rejected by various parties. It is even reported that Facebook’s Libra currency is in danger of not being launched.
So with that in mind, we’ll see what happens to cryptocurrencies next, let’s hope it goes smoothly.