The secondary market of the Telegram crypto appears

A parallel market has stealthily flourished for gram, the not yet issued tokens of the Telegram company

The launch of TON, the Telegram blockchain which test version was launched in April of this year, is expected on October 31st. Meanwhile, an over-the-counter (OTC) market grows, sales in small cryptocurrency exchanges and at least one investment fund.

Under the original purchase agreement, those who bought the $ 1.7 billion offer from Telegram between February and March 2018 cannot sell or offer the tokens in any way before launch.

That is to say, there is a risk that those who buy the coins in said secondary market will never obtain them, since according to the agreement, if the network is not launched on October 31st of this year, the company will have to reimburse the $ 1.7 billion raised.

However, despite the restrictions, the secondary grams market apparently began before the end of the primary sale at the beginning of last year.

Sellers try to resell their chips to make a profit, as they have paid $ 0.37 per gram in the first round or $ 1.33 in the second.

L. Sáenz

Source: Diario Bitcoin

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