SONO reveals the preparation for a Hard Fork

Current state of SONO is swamped with bugs and issues so a Hard Fork is scheduled on June 20
15 June 2018   764

SONO has a lot of problems so a Hard Fork is scheduled on June 20. Simultaneously, a Coin Swap is planned for June 18. A migration from he current blockchain to a new one will performed. The rate of the swap is set at 1:1 and will last for 30 days. The new token is going to be SONO 2.0.

The Hard Fork will result in a reduction of PoW and PoS reward to 0.01 SONO/%. The new SONO 2.0 will be running with its own mining algorithm SonoA. A new set of specification is also on the agenda, i.e.:

  • block time reduction down to 30 seconds per block;
  • PoW reward is changed to 1 coin per block to address hyperinflation

SONO is a cryptocurrency project that is focused on building a complete ecosystem to allow users to obtain and spend their coins on official services. At the moment of publication, SONO market parameters are as follows:

Average price 0.321124 USD
Volume (24H) 6,489 USD

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.”