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   304

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 Upcoming ICO 22 - 28 Apr According to Our Readers

Let’s check which ICOs from 22nd to 28th April are considered the best according to our readers
23 April 2018   157

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 ongoing ICO according to our readers

1. MOMENTUM

Momentum is the world’s first blockchain and crypto-token based marketing automation platform that enables companies to reward their best customers and supporters with crypto-tokens. With Momentum, companies can reward customers in exchange for their attention, business, brand advocacy and data insights, while giving the consumer full control over their personal data. MobileBridge Momentum Token is the token that powers the MobileBridge Momentum platform. Demand for the Momentum will be fuelled by the ever increasing demand for the token as transactions on the MobileBridge Platform continue to increase.

At the moment of press, Momentum is running the private sale, no info on the raised funds available.

2. B2AND

B2AND is a result-oriented cloud-based online platform providing easy-to-use and scalable service utilising viral marketing within marketing campaigns in new innovative and extremely effective way. The new B2AND decentralized eco-system will be based on successful B2AND platform and will rely on a decentralized architecture on Ethereum blockchain supported by B2AND token. The B2AND decentralized eco-system will be transformed through four generations, whereas 1st generation B2AND platform has already been deployed.

B2AND
B2AND

B2AND tokensale started today (23/04/2018). We wish good luck for the team!

3. TV-TWO

TV-TWO is an application for Smart TVs used as the new gateway to linear broadcast combined with a personalized video stream as an additional channel. It is based on blockchain, the technology to orchestrate the new television ecosystem, with direct interactions between users, advertisers and content producers. A custom Ethereum-based token called TTV, the Token for Television, will fuel the ecosystem while ensuring security and fairness.

TV-TWO tokensale hadn't begin yet, but team doesn't lose any time. They have active social network and live shows life. 

We will keep our eye on these campaigns and we hope that their projects will be successful. We are really grateful to our readers for your opinion expression. Please, check the new Top Upcoming ICO and take part in new poll!