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Telegram Be The Next Best SPAC
I have no inside knowledge of a potential stock listing of the popular anti-Whatsapp messaging app, Telegram. But I know this much, judging by most people I talk to, especially crypto investors, if Telegram ever went public, people would gobble it up. I know I would. Iâm waiting for it. So is Sergei Sergienko, who claims he owns $800,000 of Telegramâs pre-initial coin offering (ICO) tokens. âIf Telegram does a SPAC IPO, there would be demand for this issue. It would probably outstrip the interest we saw during the ICO. Why? Because as of right now Telegram looks like a liberal application that can accept anyone - right after WhatsApp and others have turn on the censorship,â he says.
Telegram Gives Up On Crypto Blockchain Project
Durov said on his Telegram channel today that the two and a half year blockchain and crypto project has been put to sleep. Ironically, after leaving Russia because the government wanted his encryption keys to his social media firm, Durovâs cryptocurrency idea lost steam because of a U.S. court. âThe technology we created allowed for an open, free, decentralized exchange of value and ideas. TON had the potential to revolutionize how people store and transfer funds and information,â he wrote on his channel. âUnfortunately, a U.S. court stopped TON from happening.â
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