Filecoin to Unveil Tesnet Launch Date

Filecoin ICO was one of the largetst in the history - team was able to raise that time record high $257M back in 2017
25 September 2019   239

The developers of the Filecoin protocol updated the project’s roadmap, according to which the test network will be launched on December 11.

We are not yet announcing a mainnet launch date, but we expect it to be 1-2 quarters after our testnet launch. We will post the exact launch date in Q1 2020.

Filecoin Team

The indicated deadlines are optimistic and may be adjusted, the developers added. They also said that a roadmap update is made every two quarters.

Earlier, the launch of the main network was announced by Filecoin representatives in mid-2019.

The Filecoin project has been implemented by the California Protocol Labs since 2014. Its goal is to create an effective data storage solution based on the IPFS (InterPlanetary File System) decentralized network protocol.

In 2017, during the first ever regulated ICO, the project raised a record $ 257 million at that time.

TON Launch to be Postponed to 30.04.2020

Investors, that are not happy with this fact, may receive 77% of their investments
17 October 2019   82

Telegram is ready to postpone the launch of the Telegram Open Network (TON) blockchain platform and suspend all operations with the Gram digital currency. At the same time, the company intends to challenge the lawsuit of the US Securities and Exchange Commission (SEC). The lawyers of Telegram notified the court of the Southern District of New York.

We had intended to launch the TON network in late October. However, the recent SEC lawsuit has made that timing unachievable. We disagree with the SEC’s legal position and intend to vigorously defend the lawsuit. We are proposing to extend the deadline date in order to provide additional time to resolve the SEC’s lawsuit and work with other governmental authorities in advance of the launch of the TON network.

TON Team

At the same time, CoinDesk reports that the project investors received a letter with information about the proposed transfer of the TON launch from late October to April 30 next year.

At the same time, the company must approve the decision on the transfer with investors. Each of the groups of investors who bought Gram tokens during two rounds of ICO will have to approve it separately.

Investors of the second round are invited to fill out the appropriate form before October 23. If the majority refuses to sign, they will be returned “about 77%” of the investment. It is reported that investors of the first round received a separate letter.

In the event that the majority still approves the launch transfer, Telegram plans to send another $ 80 million for the development of TON.