Telegram is 70% ahead of its new cryptocurrency

A leaked report showed progress in the launch of Telegram Open Network although official date has not been released

One of the most important instant messaging services in the world, Telegram, announced that its cryptocurrency project has already advanced 70%.

The Telegram Open Network project was created thanks to the launch and execution of smart contracts and decentralized applications.

According to the report, the new network is almost ready to start operations in the smart contracts of the TON.

With respect to the official release date, the information provided does not establish when the trial version would be available. It is presumed that waiting period will be about eight months.

This Telegram project was involved in a scandal in April when a company named Telegram Open Network Ltd. was registered in the United Kingdom with the aim of obtaining benefits with the original project.

K. Tovar

Source: Criptotendencia

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