Post
Topic
Board Altcoin Discussion
Re: Largest Ever ICO?
by
JollyGood
on 20/04/2018, 21:09:14 UTC
I sure Ton (token developer of Telegram) have largest ever ICO. After launch a second private presale, Bloomberg Technology reports that the company did just that, and has raised a total of $1.7 billion in March between the two sales.

https://www.theverge.com/2018/4/1/17186004/telegram-presale-open-network-app-ico-cryptocurrency-ton

What did they say they would do with the money raised? $1.7 billion (if that figure is correct) is a lot of money so what do they intend to do with it?