Telegram CEO Responds To Concerns, Offers Solution To Restrict Company’s TON Stake To 10%
Summary
Telegram plans to sell surplus TON tokens at below-market prices to address concerns about centralization. Channel owners can receive compensation in TON tokens for ad payments, leading to potential concentration of supply. To counter this, Telegram will sell surplus tokens to long-term investors, subject to a lockup and vesting plan. Despite concerns, the TON ecosystem is thriving, with significant growth in market capitalization, trading volume, fees, revenue, and active users over the past 30 days. TON is currently trading at $2,735, up 3% in the past 24 hours and 34% over the past 30 days.
