Telegram TOn ( Gram TOken) which raised huge amount in ICO as far i knew they raised 850 million in first round agian in second round also same even after this much fund raise . I don't see any progress . This kind of ICO's really ruining crypto funds . People are loosing belief on Crypto Currency .
As far as I know, there was no ICO at all. Private funds and investors invested large sums in Telegram. And this project did not affect the cryptocurrency market at all. But when they show the development I think will greatly affect.