Where to buy cryptocurrency GRAM?

We want to tell you about this project, scammers who allegedly conduct a public ICO TON Telegram, and also about how you can buy GRAM coins now. So, first things first.

GRAM coin distribution

The Telegram Open Network (TON) White Paper mentioned, the total emission of GRAM coins will be 5 billion units, distributed as follows:

• 44% (2.2 billion) - for sale to initial investors;
• 52% (2.6 billion) - reserved in the TON fund. It will help the project creators to stabilize the GRAM rate in the future. Pavel Durov plans, that after the TON services launch (approximately 2020-2021) 10 million coins will go from the fund to free sale every year;
  
• 4% (200 million) will be divided between a developers team provided a 4-year “freezing” of tokens.
  

Who owns the TON GRAM cryptocurrency now?

As mentioned above, there was no public TON ICO; instead, the creators of the project decided to conduct two closed fundraising rounds. 161 investors took part, in total, the creators of the project managed to raise 1.7 billion US dollars. It is worth remarking that ordinary people did not have a single chance to buy GRAM at this stage since according to various sources, the minimum entry threshold was from 10 to 20 million US dollars.

But it is important to understand that at the time of publication of this article, even these large investors do not physically own GRAM coins since the Telegram Open Network blockchain network has not yet been launched. The creators of the project must release the finished product no later than October 31, 2019, under the contract.

Besides, the creators of the ICO TON Telegram promised the largest airdrop in the history of cryptocurrencies. The project intends to give 250 million Gram coins to Telegram users for free, it should create favorable conditions for the asset's liquidity.

GRAM cryptocurrency: how not to get caught by scammers?

As we wrote above, there is not a single person in the world who has at least one GRAM coin on a wallet at the moment, since it still does not exist. The initial investors of ICO TON Telegram have only legal rights to this cryptocurrency, but no more.

Don`t believe scammers who write different stories to get your money. For example, some argue that they are intermediaries or even related to the development team, so they may find such a scarce asset. Unfortunately, there are a lot of such false sellers and many naive people have already become their victims.

The official website of the Pavel Durov`s project is the only source of information regarding TON.

Let's take a closer look at the most popular scammers` schemes who “sell” tokens of the TON Telegram Open Network project.

• They arrange "public ICO TON". This type of fraud works with the most inexperienced users. The attackers claim that they are the development team and that their site is the official resource of the TON project, where they decided to conduct a public token sale. The life cycle of such “initiatives” is quite short - from a few days to a month. But even such a short period of time is enough for fraudsters to steal tens of thousands of US dollars from trustful investors. After all, these sites are blocked or get into the antivirus programs database.

• Selling TON project tokens on exchanges. This type of fraud takes place on dubious sites. Attackers create a new cryptocurrency, give it the most similar name and open trades. For example, you can trade BTC/GRAM on the Russian cryptocurrency exchange YoBit. As you may have guessed, this coin is fake.

The TON  developers created a special bot @notoscam in the messenger. If you notice fake GRAM cryptocurrency sellers, report it in this chat.

Where to buy GRAM?

Unfortunately, it is impossible to become the owner of the GRAM cryptocurrency at the moment - you should wait for the official release of the TON network. Only after that, the coin will go to popular exchanges and will be available to all market participants.

It is likely, originally cryptocurrency GRAM will appear on the largest sites such as Binance, Bitfinex, Hitbtc, Huobi, etc. If you want to be one of the first to buy  Pavel Durov`s digital coin, we recommend careful monitoring the official news of the TON project. Before transferring your money to someone, check the information received in several sources.

Besides frankly fraudulent sites that “live” for weeks or even days (until being banned), there are quite convincing offers to buy GRAM on the Internet. It is about the purchase of a legal right to a coin and its delivery after the official release of the project. So, Neironix specialists made a short selection of places where you can buy Telegram cryptocurrency now.

Xena Exchange

Xena exchange launched the world's first derivatives of GRAM on March 13, 2019. In simple words, this is a contract made between the exchange and users without the expiration date. According to it, Xena undertakes to provide coins to the holders of the derivatives after GRAM goes on sale at a price fixed in the contract.

Note that the price of this contract increased by 400% at the start, the right to own one GRAM coin was estimated at $2.1, and then this value increased to $8.4.

The creators of the exchange seriously approached the issue of protecting their users; they introduced additional systems to protect sellers and buyers from possible losses in the case of sudden changes in the market GRAM value uncontrolled by the exchange. By and large, this initiative has opened access to the cryptocurrency GRAM Telegram for many people even before its official release.

Liquid Exchange

At the beginning of the summer of 2019, a fairly popular service publication TechCrunch announced that GRAM can be bought on the little-known Liquid exchange from July 10 this year. The message specified that an “unlimited” number of tokens will be available on the site.

It turned out, the Japanese exchange signed an agreement with the largest holder of Telegram tokens - Gram Asia, that wanted to sell their rights to this asset before its official release. Gram Asia set a fixed price for one GRAM coin - 4 US dollars.

But we want to warn everyone who wants to buy the Telegram TON cryptocurrency on the Liquid exchange: there may be problems. It is likely that buyers will not receive the desired asset at all. The fact is that the initial investors of ICO TON signed an agreement with the creators of the project that has exact rules. One of them is a ban on the sale and transfer of legal rights to GRAM tokens before the official TON project launch. Violation of this rule is fraught with the cancellation of allocation, it means that the project`s creators have the right to not give GRAM tokens to this investor at all. Therefore, this will affect ordinary Liquid exchange users who want to buy GRAM cryptocurrency.

Gram Asia did not give official comments about such a scenario. But Liquid assures that the sale of GRAM coins will take place with the participation of the warrantor, and the seller will receive funds only after the asset delivery.

Blackmoon Crypto Exchange

The Gram Telegram cryptocurrency can also be purchased on the little-known Blackmoon Crypto exchange, as became known later, at end of August 2019. According to the site representatives, the coin will be available immediately after the official launch of the TON network, which should happen no later than October 31, 2019.

Based on the information received, all users of the Blackmoon Crypto platform will be able to trade TON GRAM cryptocurrency in tandem with many other digital and fiat currencies.

Blackmoon Crypto partnered with one of the initial ICO TON Telegram investors - the Swiss company Gram Vault. A feature of this offer is the ability to purchase TON GRAM through bank cards.

Price forecasts

By unconfirmed information, the price of one coin was 33 cents in the first round of the ICON TON Telegram, and it rose to 1.33 US dollars in the second round. It is difficult to make any forecasts regarding the future ICO of the Telegram TON project and the GRAM token now. But according to some analysts, the price of a coin can be $5.9 in 2020, and the project capitalization will exceed $20 billion.

In this case, the Telegram Open Network project will take third place in the global cryptocurrency rating, removing Ripple from its permanent place. But the recent SEC lawsuit against the creators of the Telegram TON ICO may cause significant changes in plans. At the moment, the District Court of Manhattan has temporarily prohibited the distribution of Telegram cryptocurrency in the US market, which is one of the largest in the world.

We will monitor developments and inform you of the latest news from the world of the digital economy. Not to miss the TON network release, subscribe to our social networks and stay on our website.