Telegram will pay $235000 to developers of solutions for TON

by in Cryptocurrency News

TON developers Telegram

Representatives of the Telegram messenger reported that a prize fund of $235,000 will be distributed among 41 participants in the TON project solution developers contest.

Related: Russia, Israel, Pavel's Fan Club: who are TON's investors

The largest winnings $28,750 will be received by Sexy Chameleon, who worked on asynchronous payment channels and a multisig wallet. The remaining bidders will be paid amounts ranging from $500 to $19,000.

Telegram representatives promised to introduce new developments in the virtual machine and the TON test network. In addition, the second phase of the competition will be announced in the coming weeks.

Earlier, Telegram introduced a desktop wallet for the TON test network.

Also, recall, a New York court adjourned the SEC case against Telegram Group Inc. and TON Issuer Inc. February 18-19, 2020. Up to this point, defendants are prohibited from distributing or selling Gram cryptocurrency.

Representatives of the project called the transfer of the trial with the SEC a “positive step”. Earlier, Telegram agreed to postpone the launch until April 30, 2020, and offered dissenting investors to return 77% of the invested funds.