While Facebook founder Mark Zuckerberg is only thinking how to attract funding to his crypto project, Telegram creator Pavel Durov has already launched closed testing of the TON blockchain platform. It is accessed by several programming teams.

Telegram launched a test version of the TON blockchain and gave access to it to a limited number of professional teams around the world, including several Russian ones, Russian business newspaper Vedomosti reports citing leaders of two companies that achieved access to test version.

The teams are able to install the TON blockchain network nodes, but, currently, there are no information about testing results. Testing will allow to analyze what the TON blockchain looks like, what its features are, and how ready TON is, as well as to learn how fast the TON blockchain is in processing transactions.

The capitalization of the TON future token Gram may reach $29.5 billion by the end of 2019, another Russian online-newspaper The Bell reported earlier. Such a forecast was given in the October report of HASH Crypto Investment Bank, which was founded by Jacob Barinsky from the Qiwi payment system.

During two rounds of closed ICO, the blockchain platform TON raised $1.7 billion in 2018. Although the creator of Telegram Pavel Durov kept secret about the project, some information leaked to the media. After Durov's company filed documents with the US Commission of Securities and Stock Exchanges (SEC), the amounts raised from investors became public. The total number of investors was 175.

Facebook has also some plans to launch its own cryptocurrency. According to New York Times and Bloomberg, Facebook is developing its own cryptocurrency to enter the financial market. The cryptocurrency price will be pegged to the US dollar and other world fiat currencies. The Facebook-owned WhatsApp messenger will serve as the first platform for the launch of FaceCoin.

To support this project, Mark Zuckerberg hopes to attract $1 billion in funding from venture capitalists, New York Times jounalist Nathaniel Popper wrote on his Twitter this week. Third-party capital will help convince users that stable coin has at least some degree of decentralization and is not fully controlled by Facebook.