Pavel Durov told how to maintain decentralization of TON

After the announcement of the decision to sell advertising on Telegram for the Toncoin cryptocurrency, users were concerned that the messenger would begin to control most of the coin’s emission. Pavel Durov proposed a solution Problems.

According to him, the Telegram team will be limited to owning TON at about 10% of the total supply of tokens. Any excess is planned to be sold to long-term investors – “in accordance with the lock-in and transition plan for one to four years, but at a discount to the market price.”

“Thus, free-floating TON will be blocked, which will stabilize the ecosystem and reduce volatility,” wrote the founder of the messenger.

He also announced that he is ready to consider applications from large investors (more than $1 million) interested in buying back the coin.

At the time of writing, the price of TON is $2.62, according to CoinGecko.

Let us remind you that from March Telegram plans to give users up to 50% of the income they earn from displaying advertising in their channels.

Source: Cryptocurrency

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