Telegram’s Cryptocurrency Gram ICO Raises $1 Billion

Home / Telegram’s Cryptocurrency Gram ICO Raises $1 Billion

It has been reported that the initial coin offering program for messaging company’s cryptocurrency Gram has raised $1 billion. Pavel Durov, the founder of Telegram, will use funds to develop a new cryptocurrency that has characteristics of other currencies, such as Bitcoin and Ethereum. Supporters of the project believe that Gram will serve as an alternative to traditional domestic and international transactions.

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