Token Distribution o obtain the resources re’uired to make ƒ„ a reality elegram is launching a token 10 sale in £  ­. he token sale will likely use a €”› to be converted – to native ƒ„ tokens …¢rams† after the deployment of the ƒ„ ˆlockchain in £—  ­. he total supply of native ƒ„ tokens …¢rams† will e’ual ™ billion. ”fter the ƒ„ ˆlockchain is fully deployed the annual inflation rate derived from the fundamental parameters of ƒ„ is pro“ected at two percent. his inflation represents a payment made by all members of the community to the validators for keeping the system functional. ee «Šalidators», 2.6.1, «Original suppl, mining rewards and inflation», A.3 ›our percent of the supply … million ¢rams† will be reserved for the development team with a —-year vesting period. ‘uring the initial stage of active ƒ„ development at least ™ percent of the entire supply will be retained by the ƒ„ Reserve to protect the nascent cryptocurrency from speculative trading and to maintain fle‹ibility at the early stages of the evolution of the system. he remaining —— percent …. billion ¢rams† can be sold in accordance with the formula below– −• n p –¤ . × … ¦  † ¨€‘ n he price of the first token to be sold will be appro‹imately . ¨€‘ with and each successive token will be priced one billionth higher than the previous one. ”s a result the additional supply . €ee the €”› Pro“ect. Ÿ Ž Œ

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