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Telegram’s TON Opportunity

June 2024

Due to LTC's direct relationship with instant messaging and social media platform giant Telegram, we are looking to gather our investor community’s interest in the decentralised and open internet platform The Open Network (TON) and Toncoins.

 

The Open Network (TON) is a technology designed by Telegram. By building a Web3 ecosystem within Telegram Messenger, TON is allowing billions the opportunity to own their digital identity, data and assets. Telegram has approximately 900 million users and is ranked as one of the major social media platforms around the world alongside Facebook, YouTube, WhatsApp, Instagram, TikTok and WeChat. TON is designed to process millions of transactions per second. It uses Toncoin- the native cryptocurrency of TON, a decentralized, layer-1 network known as the TON blockchain.

 

Telegram’s vision is a toncoin-based economy across its ecosystem. In February 2024, Telegram introduced an advertising revenue-share system for channel owners paying out exclusively in TON. Telegram channels generate over 1 trillion views a month, and owners of public channels can receive revenue generated from the display of ads in their channels. Telegram, in effect, has launched its ad platform accepting Toncoin instead of fiat. Its’ objective is to bring millions of Telegram users ‘on-chain’, establishing TON as the home for consumer product markets and creating a self-reinforcing flywheel for Ton-based projects.

 

  • LTC is able to secure direct access to TONs at a 30-40% discount from the market price. But TON will be restricted for 48-months. For the first 12 months, you will not be able to trade any TON at all. At the beginning of Year 2, you will be able to trade 25% of your tokens. At the end of each of the subsequent 36 months, 1/36 of the remaining tokens will become tradeable by you so that by the end of 12 + 36 = 48 months, all of your tokens will be tradeable.

 

Note that this is not a typical LTC investment opportunity and not an investment proposal. We will send concrete investment proposal if we see significant interest from our members and only for those who indicate their interest in the deal. We believe it is worth investors looking into this further if they are interested in digital assets, Telegram and cryptocurrencies as investment themes.

 

Kindest regards

LTC Team

 

The above information is only intended for investment professionals as such term is defined in S19 of the Financial Services and Markets Act 2000 Financial Promotions (Exemptions) Order 2000 and certified high net worth individuals as defined in S48 of that Order. If you do not fall within the definition of an investment professional or a certified high net worth investor, you should not seek to rely upon it.

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