(Bloomberg) — Even before Gram is released to the public, Telegram Messenger’s cryptocurrency may have appreciated by 200% from last year, when it began one of history’s biggest ever initial coin offerings. Just ask one of the early investors.South Korea’s Gram Asia offered to sell rights to the Grams it holds at $4 apiece in a sale beginning July 10, according to Japanese crypto-exchange Liquid. This compares with $1.33 paid by private investors in the second ICO round in March 2018. The price will be lowered to $3.50 per Gram if buyers hold a specific amount of Liquid’s cryptocurrency QASH, the exchange said in emailed statement Wednesday.The fund-raising is a landmark in the crypto world not only because of its size. Telegram’s encrypted-messaging app boasts

Read More At Article Source | Article Attribution