NEO to start Open Blockchain Foundation

NEO initiated Open Blockchain Foundation (OBF) and put the unclaimed 1.8 million USD from NEO giveback plan as the first contribution to OBF
22 June 2018   1672

Shoucheng Zhang, honorary chairman of OBF performed with a keynote report and had a talk with Father of Public Key Whitfield Diffie. NEO was the major sponsor for Crypto DevCon that was held on Jun 11-12 in Mountain View, California. Da Hongfei,  NEO Founder, remotely announced in his speech that NEO would donate the unclaimed USD 1.8 million from NEO giveback plan to Open Blockchain Foundation (OBF).

The Honorary Chairman and President of Academic Committee of OBF (Open Blockchain Foundation), Prof. ZHANG Shoucheng, was invited to the conference to have a fireside chat with Professor Diffie, Father of Public Key. He underlined the following:

Blockchain technology research so far has been rarely funded by the government, whereas some blockchain projects or companies are willing to donate a portion of their funds to support academic research. The mission of OBF is to support frontier academic researches in blockchain technology with the funds raised from blockchain industry. NEO’s contribution is of great significance to both OBF and the blockchain industry.
Zhang Shoucheng,
Professor, Chairman and President, Academic Committee of OBF

Professor Zhang reported that finding solutions to Quantum computing resistance, a presently popular topic, is a part of the mission of OBF. These researches will define the future of blockchain technology. 

Open Blockchain Foundation (OBF) is an independent neutral foundation started by NEO, with a mission to back the R&D of blockchain technology in general. Being the first donor of OBF, NEO donated the unclaimed amount of 1.8 million USD from the latest concluded Giveback Plan as its first contribution to OBF, followed by 10-15 million USD contribution in the impending years.

GRAM May be Traded at Liquid at Triple ICO Price

Bloomberg says that Telegram tokens, that may appear at Liquid will be sold by Gram Asia at $4 per token, but there's no official info from Telegram
04 July 2019   830

Even before the official public release of the cryptocurrency of the messenger, Telegram can increase in price by 200% relative to its value during the initial offer of coins. It is reported by Bloomberg.

As previously reported, Telegram tokens may appear on the Liquid Bitcoin Exchange already on July 10. The distributor is Gram Asia, which calls itself the largest holder of GRAM tokens in Asia. It intends to put up for sale rights to cryptocurrency at $ 4 per unit.

At the same time, one of the investors said to the publication that at the time of purchase the price of 1 Gram was $ 1.33.

It is worth noting, however, that after the announcement of the public sale of Telegram tokens to Liquid, the media reported that this intention had nothing to do with the official plans of Telegram.

Then one of Telegram's investors stated that no one has the right to sell tokens before their official launch in accordance with the signed agreement. Moreover, representatives of the popular messenger noted that they first heard about Gram Asia.

Later, CEO Liquid Mike Kayamora admitted that Telegram has no relation to the placement on Liquid: the deal was concluded exclusively between the exchange and Gram Asia, which allegedly is an incubator for the TON project.

The Block's leading analyst Larry Chermak on several tweets expressed skepticism about the announced Telegram tokenale based on the Liquid stock exchange, saying that he would “think twice before making a decision to invest.”