Still not officially admitted, the Telegram pre-ICO has received bids for tokens of the future TON platform worth billions of dollars. Investors are ready to buy out tokens with 30% premium from other participants.

The order book for the tokens of Telegram Open Network (TON) is oversubscribed with bids on $3.8 billion. The presale campaign is completed, the Russian newspaper Vedomosti reports citing anonymous sources, one of them being a venture fund employee familiar with the conditions of the presale.

The demand for the Gram tokens is so high among investors that those whose application was not included in the order book are ready to buy out tokens from more successful investors. The cost of Gram on the "second-hand" market is 20-30% higher than the price in the order book.

Investors, whose bids were approved, have to pay in full for their stakes of tokens until 1 February.

According to sources, initially Telegram planned to raise $850 million within its pre-ICO, but the demand was enormous. In particular, according to sources, Pavel Durov refused to receive financing from Russian funds, as he plans to "build a global company."

Durov is still silent on whether the information about TON is true. But his latest tweet says that all offers of Gram tokens currently are "scams," meaning either that the messenger does not plan any ICO, or that Durov stands against the practice of reselling Gram tokens on the secondary market.