By mid-month, the idea that Telegram might raise its fundraising round even higher was reported by Bloomberg. Early February. They come up with a lockup period that releases tokens after four waiting periods, the longest one last 18 months. Late February. Finally, Telegram has apparently offered investors some kind of refund provision if it fails to deliver the TON platform by the end of October 2019, Business Insider reported. The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. The filing names Ton Issuer Inc. and Telegram Group Inc. along with the two individuals, Pavel Durov and Nikolai Durov, as related persons. Apart from building on the extensive userbase Telegram has amassed, and serving as a medium of exchange with a native cryptocurrency called GRAM, the TON platform also aims to include smart contracts and decentralized services such as TON Storage and TON Proxy. Leverage and Margin Explained.