Telegram CEO: Purchased 1 / 4 of Telegram’s new bond challenge and holds Bitcoin and Toncoin

Telegram founder Pavel Durov stated in an announcement that he personally purchased 1 / 4 of the newly issued Telegram bonds, investing tens of tens of millions of {dollars} to help Telegram’s development.

That is along with the a whole lot of tens of millions of {dollars} he has invested over the previous 10 years to maintain Telegram working.

Though Telegram’s large development means larger storage and visitors charges, Telegram may be very environment friendly when it comes to spending, and the monetization plan it launched final yr is off to a great begin.

He stated that whereas Telegram isn’t presently worthwhile, Telegram is nearer to being worthwhile in absolute numbers than its rivals Twitter and Snap.

Moreover, Durov additionally confirmed that he owns some Bitcoin and Toncoin. Durov said that he would favor to give attention to his work and never personal something (besides Telegram, some Bitcoin and a few Toncoin).

He emphasised that a whole lot of tens of millions of individuals join Telegram as a result of they need an impartial messaging platform that places customers first, and his accountability and life’s work is to proceed to supply this platform.