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.
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?
them is aiming to develop a series of services alongside its messaging app:
Distributed file storage akin to services like Dropcoin and ICO company Filecoin
A proxy service for creating decentralized VPN services and TOR-like secure browsing environments based on the blockchain
Services for decentralized apps, smart contracts and decentralized web browsing experiences
Payments for micropayments and peer-to-peer transactions