TON Developer to Create New Digital Payment Platform

TON Labs together with German Wirecard will create new platform for the digital financial and banking services
18 April 2019   515

The developer of ecosystem solutions for blockchain project Telegram Open Network TON Labs in partnership with the German fintech company Wirecard will develop a new platform for the digital financial and banking services. This is stated in an official press release published on Wednesday, April 17.

Representatives of TON Labs and Wirecard hope that their scalable decentralized solutions will lay the foundation for technological innovations in the TON and Telegram ecosystem.

We are excited to be partnering with TON Labs. Their immense experience in highly scalable technology and decentralized solutions as well as the strong global growth of Telegram messenger will be instrumental for the success of our joint program.

Georg von Waldenfels 

Executive Vice President, Group Business Development at Wirecard

Alexander Filatov, Managing Partner at TON Labs named new generation technologies for payments, banking and other financial services, as well as the basic blockchain infrastructure for projects wishing to contribute to the development of TON.

The addition of TON Blockchain to Telegram's growing ecosystem is opening new opportunities for business and technological innovation. We are excited to partner with one of the world's most dynamic and innovative financial technology companies to bring synergetic new generation fintech solutions to the market.

Alexander Filatov

Managing Partner, TON Labs

The details of the partnership are not disclosed by the parties at this stage, promising to provide additional information about the solutions being developed in stages.

Wirecard, whose shares are traded on the Frankfurt Stock Exchange, previously acted as the issuer of Visa debit cards for Hong Kong-based cryptocurrency payment platform

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   962

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.”