TON ICO or (Telegram Open Network) is one of the most promising ICOs ever. Scams and doubts, you would say, what’s the big deal? Well, there is.

Telegram’s ICO is aimed to host its native cryptocurrency and become a third generation blockchain platform for decentralized apps. With initial target raise of $1.2 bn, it may be extended to $2 bn, which is half of the total $4bn raised in 2017 in all ICOs. TON is supposed to become a new generation blockchain platform with super abilities. Its crypto money will be a multi-blockchain Proof-of-Stake based system.

Fake GRAM ICOs

The hype over GRAM and support of world crypto celebrities have lead to a appearance of fake Telegram ICOs over the Internet. Fake Telegram ICO: Gramtoken.io was closed, while grampreico.com, ton-gram.io, and tgram.ccare still online. The sum of money people invested int scam ICOs is unknown, except for Ton-gram.io. It is reported that over 70 people invested in this ICO more than $30,000 in Ethereum.

How Much GRAM Raised on pre-ICO

Telegram ICO will start in February-March 2018, while token withdrawal is planned for March 2018. During its Pre-ICO, Telegram raised $850 mln, while the total potential token value is $3,5 bn. These figures will definitely alter before its ICO. The launch of TON based platform will start in summer 2018. Among significant investors who plan to invest to Telegram ICO are Silicon Valley players Sequoia Capital, Benchmark, Kleiner Perkins Caufield & Byers, as well as Russian venture capitalist Yurii Milner. They plan to invest at least $20mln.

Eventually, Despite fake ICOs and GRAM protesters, Telegram ICO has a great potential to become the richest ICO ever getting half of the total amount raised in ICOs 2017.