Last year, Anton Rosenberg, a former employee of Russian social network Vkontakte reported that Telegram is going to launch ICO, as well as its own cryptocurrency and $1.2 bln token sale according to TechCrunch. Telegram founder Pavel Durov didn’t confirm this information, but he didn’t disprove it either. However, during an interview with Bloomberg, he says that Bitcoin still is a kind of «digital gold» and he feels optimistic about the cryptocurrency. He bought 2,000 BTC for $1.5 mln, which now is worth $17.3 mln.
Telegram is the main communication center for millions of people. And like in any real-life community, virtual communities feature their own roles and users that every project launching ICO faces. There are some basic psychological types of users that can be met at Telegram channel and in comments below:
Users of this type are notable for the highest activity in channels making themselves and others crazy. A panic-monger declares his eternal love to the project and all the users quite often, but immediately switches to anger at the first signs of problems. Basic vocabulary: I love everyone. HODL. I truly believe in the project. But on the other side: I want the refund and my coins back! I hate you! Give my money back! It’s a scam! A fraud! Everything’s gone! I had to listen to my mother! Run, you fools!
This kind of user usually demonstrates their knowledge in all world jurisdictions, connections in the CIA, the law courts, as well as with some presidents. Basic vocabulary: You’re in big trouble. I have reported everything to the SEC already (USA Securities and Exchange Commission). You may start panicking because the FBI is keeping an eye on you.
It’s the major category of users in every crypto Telegram channel. They invest their own money not only to get the profit but because of their trust in the project and the team. These people are the core audience of every project who support and inspire the team. They are the most loyal followers of the product and the ones who display understanding and patience during the development. This audience is mainly represented by experienced cryptocurrency enthusiasts and analysts who read almost every message and monitor every reference in the media. They usually investigate all the issues on their own and sometimes share the answers with the others.
This user comes to projects with one aim: to buy low and sell high. He doesn’t care what kind of product is under development, or what’s the idea behind it, or who’s on the team. He hardly ever reads Whitepaper. Basic vocabulary: When’s the listing? Come on, guys, hurry up! I can’t wait to see $100 for a token within a month.
A user of this type always floods and gets banned for it each time. Then he creates a new account and starts all over again. Basic vocabulary: Why am I banned again? I invested 1 million dollars and got banned here. Why?
A user who appears online once every month and asks the same questions every time: “So, how are you doing here? Has the project collapsed yet?” He disappears then and usually comes back a month later with the same questions and jokes.
Each token sale is unique. Telegram is not just another messenger. It means a lot to the crypto community. It’s like the blood circulatory system where thousands of ICO projects function nowadays. Telegram is not monetized at the moment, although it’s potential is quite high. Its ICO can become the biggest one in history. And there’s more to it: the whole world’s crypto community uses Telegram every day.
The author is Alexander Borodich, venture investor, Forbes contributor, CEO of Universa.io.