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Telegram Triples Price in Largest Initial Coin Offering
- celticninja 9y agoSo the big hitters got to buy in at $0.37 and everyone else gets a call chance at $1.33, at which point the big hitters have already tripled their investment. I guess that's what the get for foregoing the usual equity and voting rights that go along with stock. They have essentially been offered an opportunity to make significant gains on the back of retail investors. I had hoped that this ICO was going to lead the way on being a fair model but it looks like they are going for the cash grab just like all the other ICOs to date.