Telegram Open Network (Gram) ICO (2018): Sale History, Figure & Outcome
The Telegram Open Network was a blockchain project tied to the messaging platform Telegram, conducting token sales in 2018. Its GRAM tokens were intended for use on the TON blockchain network.
| Token | Telegram Open Network (Gram) (GRAM/TON) |
|---|---|
| Sale year | 2018 |
| Category | layer-1 / messaging |
| Chain | TON |
| Documented figure | $1,700,000,000 |
| Outcome | refunded |
| Data tier | 1 — hand-verified |
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What the record shows
The record shows the project raised USD 1.7 billion across two private token sale rounds. The U.S. securities watchdog later halted the offering, after which Telegram returned USD 1.2 billion to purchasers and paid a USD 18.5 million penalty. Community developers later revived the blockchain independently.
Era context: ico mania (2017–2018)
This sale occurred during ICO Mania when token offerings routinely set new fundraising records. Many projects from this period faced legal challenges after raising large sums rapidly.
This sale is one of the 234 entries in our ICO Mania (2017–2018) era archive, part of the complete history of crypto presales — a sourced dataset where every figure links to the page that shows it.
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More from this era
- TEMCO (2018)
- Thought Network (2018)
- Titanium Blockchain (TBIS) (2018)
- Unibright (2018)
- Witnet (2018)
- Xaya (2018)
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Sources
This page is historical research built from a sourced dataset — not a recommendation to buy anything. Token sales are high-risk. Money figures appear only where the cited source shows one. Corrections with sources: support@bmic.ai.