Telegram Open Network (TON)

The developers of the Telegram Open Network (TON) network published the first version of the rules for using the Gram token wallet, in which the participation of the Telegram messenger team in the development of the project was officially confirmed for the first time.

Earlier, neither Telegram CEO Pavel Durov, nor any other company representative made public statements regarding the Telegram Open Network.

According to the published document, the wallet for storing Gram tokens will be available as a standalone application and built into the Telegram messenger. Persons over 18 years of age and residing in jurisdictions where it is not prohibited by law or other rules, including sanctions, will be able to use it.

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Telegram FZ-LLC, a London-based division of Telegram, acts as the wallet provider and official creator of the Android application.

As stated in the document, Telegram will not have access to or store public or private keys, recovery phrases or passwords and other user identification information.

It is also noted that the company does not control the processing and verification of transactions in the TON network.

“The transactions you transfer may not be completed, or may be substantially delayed by the TON blockchain. We do not control the TON blockchain and are not able to implement requests for cancellation or modification of transactions. Your TON transactions may be subject to a fee. We do not control the amount or type of such commissions. ”

At the same time, the company reserves the right to stop providing services to the user and close his account "at any time and for any reason." Regarding the disclaimer of Telegram, the maximum amount of losses claimed by the company cannot exceed $ 10.

Recall, last week, the developers officially confirmed the launch of the platform at the end of this month. Telegram Open Network investors have also gained access to key generation software.

Earlier on Tuesday it became known that the first qualified custodian of Telegram tokens will be Anchorage , one of the partners of the digital currency project Facebook.

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