We saw what happened with the Elvis token launch, so we reached out to the Elvis Biotech Lab, offering our help. They were also dissatisfied with how the launch unfolded, so we agreed to transfer project management to our team. The contract with the launch agency has been terminated, and now the previous team has no access to either the supply or the socials.
The executive leadership for both Elvis and Pythia will be merged, while the new dedicated team focuses exclusively on developing Elvis—ensuring that Pythia's resources remain undisturbed.
Additionally, 17% of the supply locked in the vesting contract will be transferred to our address after the vesting period expires. These tokens are not intended for sale.
Stay tuned for updates—we’ve got something big in the works for the upcoming week already
3RZqq6kMpvziK7Z3m4EVs6DConpnPEnZeb9PmrtEpump
ELVIS welcome to our family, you are now in safe hands
We saw what happened with the Elvis token launch, so we reached out to the Elvis Biotech Lab, offering our help. They were also dissatisfied with how the launch unfolded, so we agreed to transfer project management to our team. The contract with the launch agency has been terminated, and now the previous team has no access to either the supply or the socials.
The executive leadership for both Elvis and Pythia will be merged, while the new dedicated team focuses exclusively on developing Elvis—ensuring that Pythia's resources remain undisturbed.
Additionally, 17% of the supply locked in the vesting contract will be transferred to our address after the vesting period expires. These tokens are not intended for sale.
Stay tuned for updates—we’ve got something big in the works for the upcoming week already
3RZqq6kMpvziK7Z3m4EVs6DConpnPEnZeb9PmrtEpump
ELVIS welcome to our family, you are now in safe hands
BY Pythia
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To pay the bills, Mr. Durov is issuing investors $1 billion to $1.5 billion of company debt, with the promise of discounted equity if the company eventually goes public, the people briefed on the plans said. He has also announced plans to start selling ads in public Telegram channels as soon as later this year, as well as offering other premium services for businesses and users.
Telegram hopes to raise $1bn with a convertible bond private placement
The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.
