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Liquid.com to exclusively offer Telegram Open Network token, Gram, via Public Token Sale

Vlad Poptamas

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Liquid.com to exclusively offer Telegram Open Network token, Gram, via Public Token Sale
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Global cryptocurrency platform Liquid.com (“Liquid”) has been selected by Gram Asia, the largest holder of Grams from Asia, to lead the upcoming public sale of Telegram Open Network (“TON”). Gram is the native token of TON Blockchain, a decentralized network being developed by privacy focused messaging platform Telegram. The Gram public sale will be hosted on the Liquid platform (“Gram token sale”).

The Gram token sale has been highly anticipated by the public markets and can only be bought once it is released on secondary listing platforms such as Liquid. Liquid had hosted its own Qash token sale successfully in 2017, selling out 350 million Qash tokens, equivalent to US$105 million, in three days. Liquid is the exclusive platform for the Gram token sale globally. The Gram token sale will take place on Liquid on the July 10th 2019, 8am UTC. Participants of the Gram token sale on Liquid will be able to purchase Grams with the following currencies: USD and USDC. All Gram token sale participants on Liquid will need to have a verified and funded Liquid account in order to qualify for the offering. Minimum electronic verification requirements to participate in the Gram token sale include submitting a government ID and a selfie. All documents can be submitted online on Liquid, with the assistance of a 24/7 live chat team.

Liquid will have TON-compatible wallets integrated into its platform, where Gram token sale participants will have their Grams delivered upon the launch of the public mainnet launch of the TON Blockchain, which is expected to take place by October 31st, 2019. All proceeds from the Gram token sale will be kept in custody of Liquid and will be fully refunded in the event the TON mainnet is not launched.

Telegram Open Network is a fast and inherently scalable decentralized multi-blockchain architecture, designed to be the first mass-market cryptocurrency project. Relying on its 10-year experience of building highly-encrypted distributed data storage systems in user-friendly interfaces, Telegram is uniquely positioned to realize a truly decentralized digital economy saturated with goods and services sold for Grams. Telegram will drive demand for the TON blockchain by leveraging its existing ecosystem of developers, publishers, payment providers, merchants and most importantly, its 260 million users.

In April, a private beta testing of the TON testnet has been launched to a limited number of global developers. Preliminary findings from setting up TON blockchain nodes in these developer labs revealed “extremely high transaction speed“, as reported by Russian-language business daily Vedomosti.

In the same month, TON Labs, an independent company focused on developing the core infrastructure projects for TON, inked a partnership with Wirecard AG, a global payments services company, to develop a joint platform for digital financial services, payments and banking.

According to Cointelegraph, an internal memo sent to investors in May reportedly said: “[the recent] test process reaffirms our belief that the TON virtual machine and the TON-specific Byzantine consensus algorithm are capable of meeting the goals stated in the original White Paper.”

Cointelegraph further revealed a repository that includes a preliminary version of the TON Blockchain Lite Client along with the relevant portions of the TON Blockchain Library necessary for building and deploying smart contracts in a test-version of TON Blockchain.

Developers can now install a configuration file to connect the lite client to a test server. Developers can start creating new smart contracts, audit the state of existing smart contracts, send external messages to smart contracts, among other capabilities. Fift, a programming language specifically designed for creating and managing TON Blockchain smart contracts, can also be deployed to compile, execute, and debug smart contracts.

Mike Kayamori, co-founder and CEO of Liquid said: “We are excited to be partnering with Gram Asia to launch the Gram token sale, which is wonderful news to our community who are native users of Telegram. We share the vision for a more secure and open value transfer system in order to enable the mainstream adoption of cryptocurrencies. The TON Blockchain infrastructure can help enhance Telegram’s current capabilities as a peer to peer network of value, with the launch of their cryptocurrency light wallets for Telegram’s highly engaged user base.”

Dongbeom Kim, founder and CEO of Gram Asia said: “The Gram token sale is the first step towards The Open Network, a truly decentralized form of TON blockchain. Gram Asia, as the largest holder of Grams from Asia, is excited to bring the opportunity for retail investors to join the TON ecosystem. As the first Japan FSA licensed global exchange, Liquid has demonstrated strong governance capabilities for protecting its users; therefore, I firmly believe Liquid is the right partner to launch this historic token sale. We are excited to invite all believers in Telegram’s vision, globally and in Asia, to build on top of TON, leveraging the critical mass of Telegram’s user base.”

Interested participants of the Gram token sale can register for a free account on Liquid at https://liquid.com, with no minimum deposit fees.

 

SOURCE Liquid.com

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Blockchain

Galaxy Digital to Host a Shareholder Update Conference Call on Wednesday, August 28, 2019 at 9:00AM EDT

Vlad Poptamas

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Galaxy Digital Holdings Ltd. (TSXV: GLXY; Frankfurt: 7LX) (“Galaxy Digital” or the “Company”) is pleased to announce that it will report second quarter 2019 financial results before the opening of the TSX-Venture Exchange on Wednesday, August 28, 2019.

Michael Novogratz, CEO and Founder of Galaxy Digital, and members of management will host a conference call to provide a general update to shareholders on the Company’s activities and results on the same day at 9:00 am Eastern Daylight Time (EDT).

The dial-in number for callers in the United States or Canada is 800-289-0459. The dial-in number for callers in Germanyis 0800-589-4608. Callers who reside outside of the United StatesCanada or Germany should dial +1-323-794-2558. The passcode for all participants is 877692. For those unable to participate, an audio recording of the call will be available on the Company’s website until at least 5:00 pm EDT on September 17, 2019.

 

SOURCE Galaxy Digital Holdings Ltd

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Blockchain

Crypto Earn: Now Earn 8% p.a. on DAI & MKR Deposits

Vlad Poptamas

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Crypto Earn: Now Earn 8% p.a. on DAI & MKR deposits
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Crypto.com, the pioneering payments and cryptocurrency platform, announced today that it has listed Maker (MKR) and added DAI & MKR to Crypto Earn, allowing users to enjoy up to 8% p.a. on their deposits.

Dai (DAI) DAI is a USD-pegged stablecoin running on the Ethereum developed by the MakerDAO team. Its $1 USDequivalent is maintained through a dynamic system of Collateralized Debt Positions (CDPs), autonomous feedback mechanisms, and appropriately incentivized external actors. DAI can be used in the same manner as any other cryptocurrency: It can be freely sent to others, used as payments for goods and services, or held as long term savings.

Maker (MKR) is an ERC-20 token on the Ethereum blockchain that backs and stabilizes the value of stablecoin DAI through automatic pricing mechanisms built into smart contracts. MKR tokens are created or destroyed in accordance with price fluctuations of the DAI coin in order to keep it as close to $1 USD as possible and is part of a fully inspectable system on the Ethereum blockchain. MKR tokens are also used to pay transaction fees on the Maker system, and provide holders with voting rights within Maker’s continuous approval voting system.

Crypto Earn now supports 13 coins for holders to maximize their returns, including BTC, ETH, LTC, XRP, BNB, TUSD, PAX, USDC, MCO, BAT, LINK with the addition of DAI and MKR. Interest is paid out weekly in the coin deposited with flexible, 1-month or 3-month terms available. Users earn more by staking at least 50 MCO.

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Blockchain

Assembl Announces Investment from CV VC to Build Decentralized Tools for Open Science

Vlad Poptamas

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The Assembl team and the team at CV Labs, along with the 11 other companies involved in the CV Labs incubation program, at the CV Labs offices in Zug, Switzerland.
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Assembl Inc., a software company focused on democratizing science by helping researchers collaborate and exchange data, has announced the close of its angel round. The 125,000 CHF round was funded by CV VC, a Swiss blockchain-oriented investment firm, as fuel to build out operations, assist with patenting, and enter the scientific market.

Assembl’s unique twist is their licensing model. This model enables scientists and academics to treat their datasets like IP, and then license their datasets out to other institutions or individuals.

“The internet was originally created to interconnect scientists and research institutions,” said CEO Sebastian Mellen. “It’s time to bring that back, but this renaissance is only going to happen in a secure environment. That’s why we’re building a framework for the open science movement.”

Advantages for scientists: 
– A secure and inexpensive alternative to cloud storage and transfer solutions 
– Built-in licensing model to protect against IP theft, secured with blockchain technology 
– Compliance with government and IRB regulations

“We like the potential impact of such a solution in today’s global environment,” said Olaf Hannemann, CIO of CV VC. He continued, “We invest in great entrepreneurs that have the right idea at the right time, and [the Assembl team] clearly ticks these boxes. Leading researchers to work together effectively and increasing speed to publication is [highly] relevant today.”

The investment decision was made following a threemonth incubation program led by CV Labs, an affiliate of CV VC, which finished last July. The program took place in Zug, Switzerland, a hub for decentralized tech known as the “Crypto Valley” and the “Silicon Valley of Switzerland.”

The sentiment from CV Labs was positive, as mirrored by Pavel Jakovlev, Incubation & Ecosystem Lead: “The Assembl team was hard at work throughout the incubation program and have managed to deliver above and beyond our expectations. We look forward to welcoming Assembl back to the Crypto Valley in the nearest future.”

At Assembl, the work continues. Assembl’s beta software is already in use by researchers, and interest is growing daily. Now, the task is to expand Assembl’s userbase. With a focus on Europe, due to advantageous open science legislation in the EU, the team will burrow in for the winter to finish product development and reach key partnerships.

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