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Yuri Milner will take part in the ICO of the Telegram messenger
Businessman Yuri Milner, along with other investors, will take part in the initial token offering (ICO) of Pavel Durov's Telegram messenger. About this writes the publication Recode, citing sources.
We are talking about investments in the amount of 20 million dollars.
Recode notes that the ICO is expected to be attended by investors who have little experience in the cryptocurrency market, rather than experienced venture capital companies.
This ICO attracts a number of American investors, for whom it is more of an investment in a promising user product than an investment in a cryptocurrency.
- According to media reports, the Telegram messenger wants to raise about $2 billion through an ICO to create a TON payment blockchain platform with the Gram cryptocurrency. Read more about what is known about Pavel Durov's plans here .
- Yuri Milner is the founder of Mail.ru Group, which owns the VKontakte network founded by Durov. He is known as a major international investor; Time magazine included him among the most influential people. Together with Sergey Brin and Mark Zuckerberg, he established the Breakthrough Prize, a science award that pays $3 million each.