Telegram Banned Investors From US and EU Sanctions List

Telegram Open Network in the closed rounds of the ICO refuses to investors who fall under international sanctions
15 March 2018   1284

Persons who fall into any sanctions lists of the United States, Britain, the European Union and the UN Security Council will not be able to take part in any round of the Telegram ICO. As reported by RBK, this is stated in the standard form of the contract for the purchase of Gram between the registered in the British Virgin Islands Telegram Group Inc. and the investor.

The ban also applies to the next of kin of such persons - children, spouses, parents, siblings. In addition, the ICO is prohibited from participating in any citizen who is resident or residing in the territory in respect of which sanctions are common - at the time of writing the agreement they are considered to be Crimea, Cuba, Iran, North Korea and Syria.

The document notes that all potential TON investors must undergo the KYC procedure adopted in the financial markets to identify clients and protect them from criminal activities. Within KYC, an individual is provided with such documents as a notarized copy of the passport, proof of residence, a recommendation from the bank, etc.

Separately in the standard agreement between Telegram Group Inc. and the investor states that the buyer of the tokens is not entitled to use them to violate the sanctions regime or money laundering, as well as terrorist financing.

Any illegal use of the Gram cryptocurrency by unscrupulous participants may violate the normative acts adopted in the UK, the US and other countries aimed at combating the financing of terrorism and money laundering. This can seriously affect the global reputation of TON Blockchain.
 

TON ICO Document

However, the documents don't say whether TON itself will track suspicious transactions. 

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Top-3 Ongoing ICO 4th - 10th Nov. Acc. to Our Readers

Let’s check which ICOs from 4th to 10th November are considered the best among our readers
12 November 2018   71

Our readers are dedicated cryptocurrency enthusiasts and fans of blockchain technology. We provide them with the ability to express their opinion regularly. Let’s check top three upcoming ICO according to our readers.

1. CraftR

The project was born to bring the e-commerce of creative assets to the Web 3.0 world through a decentralized platform, featuring token payments and storage of digital resources made available by freelancers. The platform is targeted to freelancers and developers that want to get involved in a new form of global e-commerce. Vendors will offer self-made products to customers that will be in research of the missing piece to proceed in a stuck point, or simply to learn about new skills. The marketplace will offer a wide range of digital creative assets, fastly accessible and easy to trade. This initiative will let the customers to reach our P2P marketplace, with the intention to purchase or sell their desired product through the CRAFTR payment processor. Our platform will offer zerofees between customers transaction and will only check for its validity. Customers will have total control of their finances.


CraftR

CraftR was able to raise 2000 ETH. Sale is still going. Great results!

2. CryptoRevolution 

Thank to a synergy between a Training Company, a Trading Company and a Technical Advanced Company working in MasterNodes and VPS Services we are able to offer you any kind of service that allows you to know, understand and exploit the cryptocurrency revolution to your advantage. A full training project on the cryptocurrency world is at your disposal and an ecosystem of services connected to it through the use of “CREV” (our utility token) that makes them accessible to everyone and easy to use. Once you have entered into our Ecosystem you can manage everything. General platform is your first step to deposit cryptos and to buy CREV Tokens. After that you can use CREV to buy services for Training, Trading, Mining, Staking and MasterNodes.

CryptoRevolution ICO
CryptoRevolution ICO

There's no news on the raised funds. CryptoRevolution sale is still going.

3. Powershare

Our unequal world desperately needs changes, but the power to change is limited by resources, reserved for the privileged few. We are here to level the playing field; We believe small, personal, local changes are bound to lead to bigger shifts in the society. That’s why we want to make sure every voice has a chance to be heard, every idea has enough fuel to get off the ground. To remove any barriers for the spirit of giving, we created a place where ordinary people can raise money without actually paying money from their pockets. PowerShare is where crowdfunding meets mining for cryptocurrencies - simply by keeping a browser tab open, visitors can convert unused computing power to fund ideas and causes which are important to them or others. And while our algorithm runs to power up a chosen cause, supporters also generate a steady stream of income which turns helping others into a mutually beneficial enterprise. By revolutionizing fundraising, we exist to provide means to change for anyone willing to do so.

Powershare ICO

Powershare ICO

Powershare team hasn't provided any info on tokens sold excapt the pic above.

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