TON to Launch by October 19 or Contracts Are Void

This information was found in the documented, drawn up on behalf of the founder of Telegram
22 February 2019   391

The blockchain platform Telegram Open Network (TON) should be launched no later than October 31, 2019. Otherwise, all agreements for the purchase of Gram tokens with the project investors will be canceled. This is evidenced by a document drawn up on behalf of the founder of Telegram Pavel Durov, but not signed by him.

It details the legal details of the purchase of Gram tokens, as well as the legal nuances of the distribution of tokens in certain jurisdictions.

According to the document, the Gram token will be issued and distributed immediately after launch blockchain platform TON. If the release of the main network does not take place until October 31, 2019, the contract will be invalid.

Document contains the address of Harneys Law Firm in the British Virgin Islands, where Telegram itself is registered.

As previously reported by ForkLog, the TON blockchain platform is 90% complete, the launch of the test network is scheduled for the end of March 2019.

The organizers of the ICO Telegram attracted $ 1.7 billion from a limited group of investors to develop the TON network.

KuCoin to Unveil First Spotlight IEO Info

First initial exchange offering at Spotlight will be MultiVAC, "a high-throughput and flexible blockchain platform based on trusted sharding computing"
25 March 2019   58

Representatives of the KuCoin marketplace shared some details of the first tokensale on the Spotlight IEO platform.

Let's put our Spotlight on MultiVAC!

It's my pleasure to introduce the pioneering all-dimensional sharding and flexible blockchain to you: MultiVAC, which is also the first project of KuCoin Spotlight.
 

Michael Gan

CEO, Kucoin

He added that additional details about the first IEO project at KuCoin will appear soon.

As previously reported, a new exchange's token, KuCoin Shares (KCS), will be used to purchase the assets of new projects at Spotlight. To participate in the tokensale users will need to be verified.