• 24/04/2024 04:31

Telegram will own only 10% of toncoin: Durov explained how the coin will maintain decentralization

After the announcement of the intention to sell advertising in Telegram in the TON cryptocurrency, users expressed concern that the messenger would begin to control a significant part of the coin’s emission. The founder of the messenger, Pavel Durov, proposed a solution to this problem. He wrote about this in his blog.

Telegram will own only 10% of toncoin: Durov explained how the coin will maintain decentralization

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As Durov notes, the messenger team will be limited in the ownership of TON at a level of about 10% of the total supply of tokens. Any surplus is planned to be sold to long-term investors at a reduced price. However, these assets will be blocked for a period of 1 to 4 years – this will “stabilize the ecosystem and reduce volatility.”

Durov also announced that he is ready to consider applications from large investors (more than $1 million) interested in buying back the coin . He published an email address where investors can submit their proposals.

Previously, the founder of the messenger said that the owners of Telegram channels will receive a reward in TON for displaying advertising in the amount of 50%.

minfin.com.ua

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