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 .
There were rumors that Telegram is finally launching a public ICO officially but again with the warning fro SEC, they have put a hold on the date of issuance of the ICO as they believe they might actually get a permission to operate their fundraising in US. Though things could be different. The private investors are getting insecure while there are no visible development on the TON project.