Nexo: We will Take the Gram ICO Token From Telegram as Collateral

2019-7-6 15:34

Coinspeaker
Nexo: We will Take the Gram ICO Token From Telegram as Collateral

Launched in April 2018, backed and advised by TechCrunch founder Michael Arrington, crypto loans firm Nexo announced that they will accept the Gram ICO token from Telegram as collateral. Trouble is, the tokens may not be available for some time because the Gram token sale is still under question.

Let’s just remind you, at first we had information that Telegram’s unreleased Gram tokens are set for sale to the public at a price three times of its private placement. Then, the source from Telegram said they’ve never heard of Gram Asia who allegedly offered to sell rights to the Telegram’s Gram tokens it holds, at $4 apiece in a sale beginning July 10.

It is still not known why the whole story would be hidden under the veil of mystery and why no one answers media questions.

From Coindesk they published that Nexo said that, once tokens have been received following the first public sale of gram tokens through the Liquid exchange platform, kicking off on July 10, it will allow customers to use the tokens as backing for its instant credit lines and planned credit card.

However, as we previously wrote, it is still not sure if this is a big bluff because on June 11 Liquid announced that it would be hosting the sale. Our source, however, said that there is no relationship between the two entities. The source further said that the June 11 press release was the first time they had heard of Gram Asia. Liquid confirmed that Telegram is not associated with the gram offering.

Nexo told CoinDesk:

“If the mainnet launches, users would be able to claim their tokens at launch and immediately leverage them to borrow from Nexo, or to spend via our upcoming credit card.”

Let’s just repeat that truth or not, the Gram token sale has been highly anticipated by the public markets and let’s just remind you that Liquid had hosted its own Qash token sale successfully in 2017, selling out 350 million Qash tokens, equivalent to US$105 million, in just three days.

According to the company, 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.

However, this bluffing, and lying from all of the companies involved, are the reason why ICOs got their bad reputation in the first place. Good luck to all but with this kind of reporting, it’s hardly likely that investors will put their money on it.

Nexo: We will Take the Gram ICO Token From Telegram as Collateral

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Waves Community Token (WCT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 1.05 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.3558 (-100%)

token ico gram nexo telegram collateral take

token ico → Результатов: 126


Tripterium T50 ICO

Tripterium T50 is a tokenized, closed-end index fund (CEF), which passively tracks the top fifty cryptocurrency assets by market capitalisation, in order to deliver healthy returns. The fund has a Venture Capital Feeder Fund, which will invest in expertly-vetted early stage blockchain technology companies that are seeking to undertake an Initial Coin Offering (ICO), therefore benefitting from the ICO returns.

2018-7-22 20:34


Agate ICO

AgateChain is a complete set of a decentralised blockchain, with two mobile apps, a fiat pegged ecosystem, an API Suite, plug-ins, add-ons and a physical POS terminal and operating with multi coin mechanism and works as a comprehensive crypto infrastructure for everyday banking and a gateway to connect developers, users, and in-store and online merchants to the cryptoeconomy.

2018-7-21 13:21


Togacoin ICO

Togacoin's endeavor is to separate the mining operations from the electricity costs, as well as diversifying investments to make the business safer and more independent from any market variable. This guarantees a complete payout to the token holders: in case mining become no longer profitable, it will be gradually replaced by our other activities (hosting/housing, application design/development and electricity sales).

2018-7-21 13:21


Фото:

NEO Global Capital (NGC) Announces Multimillion Dollar Investment Into Certik, a Smart Contract Platform and Upcoming ICO

Just announced on the NEO Global Capital (NGC) Twitter page is a large investment in the Certik smart contract platform, which is being prepared for an upcoming token sale. Strategic Alignment As described on its website, “NEO Global Capital is the strategic investment vehicle NEO foundation and one of the largest institutional owners of cryptocurrencies.

2018-7-20 17:29


Contents Protocol ICO (CPT Token): Blockchain Content Exchange?

Most online platforms are centralized and they have become the main option for consuming content as the subscription-based market continues to grow rapidly. However, the use of these platforms does come with a few challenges, which include the high commissions, unreliable licensing costs and exploitation of user contributions. Contents Protocol now offers an opportunity to […]

2018-7-18 15:37


bZx ICO (BZRX Token): Decentralized Margin Trading Exchange Network?

This protocol provides a safer lending and cheaper trading with more liquidity. The BZX protocol enables decentralized margin trading, and it can work at any margin. Besides, it integrates well with already existing wallets to turn Ethereum wallet into an unBank account that is decentralized thus pays its users for holding. The decentralized exchanges need […]

2018-7-18 13:39


BX.BET ICO

BX is a blockchain-based betting and prediction market ecosystem, designed to change the way the world bets. With BX, we are creating a decentralized betting exchange without a middleman and centralized structures, that has the ability to disrupt and redefine the traditional betting industry by offering its users a unique and enhanced experience.

2018-7-16 21:37


Galion.io ICO

Galion will allow you to handle all your assets and access all your financial services, crypto or not: bank accounts, crypto and fiat trading accounts, credit card services, etc. Galion will deploy a revolutionary financial management platform, powered by the Galion Token to allow you to access the best financial expertise available.

2018-7-16 19:22


Trade Cryptocurrency with Ease and Security – Singapore-based Cryptocurrency Trading Platform Tokenize Xchange Announces Initial Token Offering

Singapore, 16 July 2018 – Singapore’s leading cryptocurrency trading platform, Tokenize Xchange, has announced its Initial Coin Offering (ICO) sale. Despite the sea of emerging ICOs and other blockchain based platforms, the access to such cryptocurrency tokens is still severely lacking.

2018-7-16 13:50


Send ICO

Send (SDT) is a token designed to address the three principle challenges facing cryptocurrencies today: volatility, speculation, and lack of user-friendliness. The SDT token addresses these challenges via a price consensus mechanism that maintains a stable price as demand and transaction volumes increase within the Send Consensus Network.

2018-7-16 13:31


Futurax ICO (FXC Token): Cryptocurrency Trading Exchanger Platform?

What Is Futurax? Futurax is a cryptocurrency exchange platform aimed at building a modern crypto market with different features and benefit to traders. The many features that Futurax will provide to traders include: Fast and reliable customer services Basic trading panel for a newbie Support of many cryptocurrencies Low trading fees for maximum profit Advanced trading […]

2018-7-16 12:00