Telegram founder Pavel Durov mentioned in a press release that he had personally bought 1 / 4 of the newly issued Telegram bonds and invested tens of thousands and thousands of {dollars} to assist Telegram develop.

That is along with the tons of of thousands and thousands of {dollars} he has invested over the past decade to maintain Telegram operating.

Telegram’s large progress means larger storage and site visitors charges, however Telegram could be very environment friendly on the subject of spending, and the monetization plan it launched final yr is off to an excellent begin.

He mentioned Telegram is not worthwhile in the intervening time, however in absolute numbers it is nearer to creating a revenue than rivals Twitter and Snap.

As well as, Durov additionally confirmed that he owns Bitcoin and Tongcoin. Durov mentioned he needs to personal nothing (besides Telegram, some Bitcoin, some Toncoin) and deal with his work.

He pressured that tons of of thousands and thousands of individuals subscribed to Telegram need an unbiased messaging platform that places customers first, and that it’s his duty and life’s work to proceed to offer this platform.