In the official channel of Pavel Durov in Telegram, a message suddenly appeared expressing support for the Toncoin developers. The token rate reacted with an increase of 40% and reached $ 3.32.
Recall that the TON (Telegram Open Network) project was launched in 2018 as a cryptocurrency payment network based on the Telegram messenger. A closed ICO for $ 1.7 billion was held for large investors, however, due to pressure from regulators, primarily the US SEC, the project was curtailed, and most of the money was returned to investors. The source codes of the project were published, and based on them several new projects were launched, including Toncoin. However, Durov has not yet directly supported any of these projects.
“I am proud that the technology we have created continues to live and develop. When it comes to scalability and speed, TON is still more efficient than any other blockchain. And it would be a shame that this technology is not being used for the benefit of humanity. Unlike the original TON, the Toncoin project is not affiliated with Telegram. But I wish the team the same success. Combined with the right go-to-market strategy, they have everything they need to create something great, ”says Pavel Durov’s official channel.
At the time of publication, the message had already gained almost 200 thousand views in less than 2 hours. So far, however, it is unclear whether Pavel Durov himself wrote this message, or one of the SMM managers. There is also the likelihood of a hack, because after such an announcement, the Toncoin token rate has grown once by 40% and continues to grow.
If Pavel Durov himself really expresses support for an independent project, it can be concluded that he finally abandoned the idea of registering TON or another product based on it in the United States. However, he can still make a similar attempt in another country.
In March, it was reported that pre-trial claims from investors were sent to the management of TON Inc and Telegram Inc, including Pavel Durov, demanding compensation for the failed project. The amount of compensation required was about $ 100 million. True, it is unclear whether the claims were settled or the company faces new litigation in the future.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
