{"id":3426,"date":"2024-11-07T06:55:16","date_gmt":"2024-11-06T22:55:16","guid":{"rendered":"https:\/\/www.dm-yq.com\/?p=3426"},"modified":"2024-11-07T06:55:16","modified_gmt":"2024-11-06T22:55:16","slug":"%e6%b3%95%e9%99%a2%e9%bb%98%e8%ae%b8gram%e4%bb%a3%e5%b8%81%e5%b1%9e%e4%ba%8e%e8%af%81%e5%88%b8telegram%e5%af%b9%e6%8a%97%e7%9b%91%e7%ae%a1%e4%b9%8b%e8%b7%af%e5%8d%b3%e5%b0%86%e7%bb%93%e6%9d%9f","status":"publish","type":"post","link":"https:\/\/www.dm-yq.com\/?p=3426","title":{"rendered":"\u6cd5\u9662\u9ed8\u8bb8Gram\u4ee3\u5e01\u5c5e\u4e8e\u8bc1\u5238?Telegram\u5bf9\u6297\u76d1\u7ba1\u4e4b\u8def\u5373\u5c06\u7ed3\u675f"},"content":{"rendered":"<p>\n\t<img decoding=\"async\" alt=\"\" src=\"https:\/\/www.wwsww.cn\/uploads\/200220\/1-2002201J422128.jpg\" style=\"width: 438px;height: 336px\" \/><br \/>\n\t\u5728\u51fa\u552e\u6570\u5b57\u8d44\u4ea7\u5f53\u4e8b\u65b9\u5e76\u672a\u88ab\u6307\u63a7\u4e3a\u6b3a\u8bc8\u7684\u60c5\u51b5\u4e0b\uff0c\u8054\u90a6\u6cd5\u9662\u7b2c\u4e00\u6b21\u63d0\u4f9b\u673a\u4f1a\u8ba9\u5f53\u4e8b\u53cc\u65b9\u5c31\u6784\u6210&ldquo;\u6295\u8d44\u5408\u540c&rdquo;\u7684\u8d2d\u4e70\u534f\u8bae\u6240\u4f9d\u636e\u7684\u6570\u5b57\u8d44\u4ea7\u662f\u5426\u5e94\u88ab\u89c6\u4e3a\u8bc1\u5238\u7684\u60c5\u51b5\u8fdb\u884c\u8fa9\u62a4\u3002Telegram \u4e0e SEC \u7684\u8bc9\u8bbc\u5c06\u662f\u52a0\u5bc6\u8d27\u5e01\u76d1\u7ba1\u5386\u53f2\u4e0a\u6700\u91cd\u8981\u7684\u4e8b\u4ef6\u4e4b\u4e00\u3002<\/p>\n<p>\n\t\u4f01\u4e1a\u5bb6\u4eec\u5982\u4f55\u5728\u4e0d\u8fdd\u53cd\u6cd5\u5f8b\u7684\u60c5\u51b5\u4e0b\u521b\u5efa\u4e00\u4e2a\u5168\u65b0\u7684\u3001\u57fa\u4e8e\u533a\u5757\u94fe\u7684\u53bb\u4e2d\u5fc3\u5316\u751f\u6001\u7cfb\u7edf\u5462\uff1f\u8457\u540d\u5373\u65f6\u901a\u4fe1\u5e73\u53f0 Telegram \u4e0e\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\u7684\u8bc9\u8bbc\u7ea0\u7eb7\u544a\u8bc9\u6211\u4eec\uff0c\u8fd9\u5e76\u4e0d\u5bb9\u6613\u3002<\/p>\n<p>\n\t\u5728 2018 \u5e74\uff0cTelegram Messenger \u7684\u521b\u59cb\u4eba Pavel Durov \u548c Nicolai Durov \u4e24\u5144\u5f1f\u63d0\u51fa\u4e86\u4e00\u4e2a\u540d\u4e3a TON \u7684\u533a\u5757\u94fe\u7f51\u7edc\uff0c\u8be5\u7f51\u7edc\u5c06\u4e0e Messenger \u96c6\u6210\u5728\u4e00\u8d77\u3002Messenger \u5728\u533a\u5757\u94fe\u793e\u533a\u548c\u52a0\u5bc6\u793e\u533a\u4e2d\u975e\u5e38\u6d41\u884c\uff0c\u8fd9\u4e00\u7ed3\u5408\u4e5f\u4f3c\u4e4e\u6c34\u5230\u6e20\u6210\u3002\u4ed6\u4eec\u5df2\u7ecf\u901a\u8fc7\u9500\u552e&ldquo;GRAM&rdquo;\u6570\u5b57\u4ee3\u5e01\u4ece\u4e00\u4e9b\u8d44\u6df1\u6295\u8d44\u8005\u624b\u4e2d\u7b79\u5230\u4e86 17 \u4ebf\u7f8e\u5143\u7684\u8d44\u91d1\u3002\u8fd9\u4e9b\u8d44\u91d1\u62df\u7528\u4e8e\u8d5e\u52a9 TON \u533a\u5757\u94fe\u7684\u8fd0\u8425\u5f00\u53d1\u3002\u6839\u636e\u9500\u552e\u6761\u6b3e\uff0c\u5f53 TON \u533a\u5757\u94fe\u4e0a\u7ebf\u65f6\uff0c\u6295\u8d44\u8005\u5c06\u4f1a\u83b7\u5f97\u81ea\u5df1\u90a3\u90e8\u5206\u6743\u76ca\u7684 GRAM \u4ee3\u5e01\u3002<\/p>\n<p>\n\t\u4f46\u662f\uff0c\u4e8b\u60c5\u5e76\u6ca1\u6709\u6309\u8ba1\u5212\u8fdb\u884c\u3002<\/p>\n<p>\n\t2019 \u5e74 10 \u6708 11 \u65e5\uff0c\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\uff08SEC\uff09\u8981\u6c42\u5bf9 Telegram \u516c\u53f8\u4ee5\u53ca TON Issuer \u8054\u5408\u80a1\u4efd\u6709\u9650\u516c\u53f8\uff08\u4ee5\u4e0b\u7edf\u79f0\u4e3a&ldquo;Telegram&rdquo;\uff09\u53d1\u51fa\u4e34\u65f6\u9650\u5236\u4ee4\uff08TRO\uff09\uff0c\u7981\u6b62\u4ed6\u4eec\u5c06&ldquo;GRAM&rdquo;\u63d0\u4f9b\u3001\u51fa\u552e\u3001\u4ea4\u4ed8\u6216\u8005\u5206\u53d1\u7ed9\u4efb\u4f55\u4eba\u6216\u8005\u5b9e\u4f53\u3002SEC \u79f0\uff0cTelegrams \u8ba1\u5212&ldquo;\u901a\u8fc7\u53d1\u884c\u672a\u7ecf\u6ce8\u518c\u7684\u8bc1\u5238\uff0c\u5c06\u6570\u5341\u4ebf\u7f8e\u91d1\u7684 GRAM \u5145\u65a5\u4e8e\u7f8e\u56fd\u5e02\u573a&rdquo;\u3002SEC \u8b66\u544a\u79f0\uff1a&ldquo;\u5982\u679c\u6ca1\u6709\u5408\u6cd5\u7684\u6ce8\u518c\u58f0\u660e\uff0cTelegram \u7684\u8ba1\u5212\u53d1\u884c\u5c06\u4f1a\u8fdd\u53cd\u8054\u90a6\u8bc1\u5238\u6cd5\uff0c\u5e76\u4e14\u4fb5\u72af\u4e86\u6295\u8d44\u8005\u5728\u6ce8\u518c\u53d1\u552e\u4e2d\u83b7\u5f97\u4fe1\u606f\u7684\u80fd\u529b\u3002&rdquo;\u7531\u4e8e\u7ebd\u7ea6\u6cd5\u9662\u5357\u533a\u5730\u65b9\u6cd5\u9662\u5411 Telegram \u516c\u5e03\u4e86\u4e34\u65f6\u9650\u5236\u4ee4\uff0cGRAM \u7684\u4ee3\u5e01\u5206\u53d1\u5e76\u6ca1\u6709\u6309\u8ba1\u5212\u8fdb\u884c\u3002<\/p>\n<p>\n\t\u4f46\u662f\uff0c\u4e34\u65f6\u9650\u5236\u4ee4\u53ea\u662f\u6743\u5b9c\u4e4b\u8ba1\u3002<\/p>\n<p>\n\t2020 \u5e74 2 \u6708 18 \u65e5\uff0c\u6240\u6709\u4eba\u90fd\u805a\u7126\u7ebd\u7ea6\u5357\u533a\u6cd5\u9662\uff0c\u6cd5\u9662\u4e3e\u884c\u542c\u8bc1\u4f1a\uff0c\u542c\u53d6 SEC \u548c Telegram \u5173\u4e8e SEC \u5373\u5c06\u63d0\u51fa\u7684\u7981\u5236\u4ee4\u7533\u8bf7\u4ee5\u53ca\u5f53\u4e8b\u53cc\u65b9\u7684\u5373\u51b3\u5ba1\u5224\u52a8\u8bae\u3002\u542c\u8bc1\u4f1a\u5f88\u5927\u7a0b\u5ea6\u4e0a\u56f4\u7ed5\u7740\u6570\u5b57\u8d44\u4ea7 GRAM \u662f\u5426\u5c5e\u4e8e&ldquo;\u8bc1\u5238&rdquo;\u3001\u5728 TON \u533a\u5757\u94fe\u4e0a\u7ebf\u542f\u52a8\u4e4b\u540e\u5b83\u8fd8\u662f\u8bc1\u5238\u5417\u7b49\u95ee\u9898\u5c55\u5f00\u3002<\/p>\n<p>\n\t\u7531\u4e8e\u8be5\u6848\u4ef6\u5e26\u6765\u4e86\u5168\u65b0\u7684\u95ee\u9898\uff0c\u8be5\u5224\u51b3\u5c06\u4f1a\u5728\u6574\u4e2a\u533a\u5757\u94fe\u884c\u4e1a\u4e43\u81f3\u66f4\u591a\u884c\u4e1a\u9020\u6210\u6df1\u8fdc\u5f71\u54cd\u3002<\/p>\n<p>\n\t\u5728\u542c\u8bc1\u4f1a\u4e0a\uff0cTelegram \u5f8b\u5e08 Alexander Drylewski \u79f0\uff0cSEC \u7684 Howey \u6d4b\u8bd5\u4e0d\u9002\u7528\u4e8e\u6570\u5b57\u8d44\u4ea7\uff0c\u9664\u975e\u627f\u8bfa\u5bf9\u8fd9\u4e9b\u8d44\u4ea7\u8fdb\u884c\u7ba1\u7406\u76d1\u7763\uff0c\u8fd9\u610f\u5473\u7740\u5f53 TON \u533a\u5757\u94fe\u542f\u52a8\u65f6\uff0cGram \u5c06\u4e0d\u518d\u662f\u8bc1\u5238\u3002\u7f8e\u56fd\u4e00\u540d\u8054\u90a6\u6cd5\u5b98\u8868\u793a\uff0cSEC \u5728\u51b3\u5b9a Telegram \u662f\u5426\u8fdb\u884c\u4e86\u975e\u6cd5\u8bc1\u5238\u53d1\u884c\u65f6\uff0c\u4e0d\u5e94\u8be5\u88ab\u8d34\u4e0a&ldquo;\u6807\u7b7e&rdquo;\u3002\u6700\u540e\uff0c\u6cd5\u5b98 Castel \u4fdd\u7559\u4e86 SEC \u5bf9 Telegram \u7684 TON \u521d\u6b65\u7981\u4ee4\uff0c\u5e76\u5411 Telegram \u5f8b\u5e08 Drylewski \u4fdd\u8bc1\uff0c\u8be5\u6848\u5c06\u5728 4 \u6708 30 \u65e5\u4e4b\u524d\u4f5c\u51fa\u5224\u51b3\u3002<\/p>\n<h3>\n\t\u4e8b\u4ef6\u59cb\u672b<\/h3>\n<p>\n\t\u6839\u636e\u5f53\u4e8b\u53cc\u65b9\u7684\u8bc9\u6c42\uff0c\u76f8\u5173\u4e8b\u5b9e\u5982\u4e0b\uff1a<\/p>\n<p>\n\t2013 \u5e74\uff0cPavel Durov \u548c Nicolai Durov \u4e24\u5144\u5f1f\u5171\u540c\u63a8\u51fa\u4e86 Messenger\uff0c\u8fd9\u662f\u4e00\u4e2a\u514d\u8d39\u7684\u5e94\u7528\u7a0b\u5e8f\uff0c\u7528\u6237\u53ef\u4ee5\u901a\u8fc7\u8be5\u8f6f\u4ef6\u8fdb\u884c\u6587\u5b57\u804a\u5929\u6216\u8005\u7535\u8bdd\u4ea4\u6d41\u30022018 \u5e74\uff0c\u5728\u521d\u59cb\u4ee3\u5e01\u53d1\u884c\uff08ICO\uff09\u70ed\u6f6e\u7684\u9ad8\u5cf0\u671f\uff0cTelegram \u51b3\u5b9a\u5c06&ldquo;GRAM&rdquo;\u51fa\u552e\u7ed9\u4e00\u4e9b\u8d44\u6df1\u6295\u8d44\u8005\uff0c\u7528\u4ee5\u7b79\u96c6\u8d44\u91d1\u6765\u63a8\u51fa TON \u533a\u5757\u94fe\u9879\u76ee\u3002\u6839\u636e\u534f\u8bae\uff0c\u6295\u8d44\u8005\u8d2d\u4e70\u7684 GRAM \u5c06\u5728 TON \u533a\u5757\u94fe\u53d1\u5e03\u4e0a\u7ebf\u65f6\u8fdb\u884c\u4ea4\u4ed8\uff0c\u6700\u665a\u4e0d\u5f97\u8fdf\u4e8e 2019 \u5e74 10 \u6708 31 \u65e5\u3002<\/p>\n<p>\n\tTelegram \u5171\u8fdb\u884c\u4e86\u4e24\u8f6e\u7b79\u6b3e\uff0c\u901a\u8fc7\u603b\u5171 171 \u4e2a\u6295\u8d44\u8005\u7b79\u96c6\u4e86\u8d85\u8fc7 17 \u4ebf\u7f8e\u5143\uff0c\u5176\u4e2d\u5305\u62ec 39 \u4e2a\u7f8e\u56fd\u56fd\u7c4d\u6295\u8d44\u8005\u7684 4.245 \u4ebf\u7f8e\u5143\u3002\u6295\u8d44\u8005\u4e0e Telegram \u7b7e\u8ba2\u4e86\u8d2d\u4e70\u534f\u8bae\uff0c\u6839\u636e\u8be5\u534f\u8bae\uff0cTelegram \u627f\u8bfa\u5728 2019 \u5e74 10 \u6708 31 \u65e5\u4e4b\u524d\uff08\u5373 TON \u533a\u5757\u94fe\u4e0a\u7ebf\u4e4b\u65e5\uff09\u4e3a\u6295\u8d44\u8005\u4eec\u5206\u53d1 29 \u4ebf\u679a GRAM\uff08\u603b\u53d1\u884c\u91cf\u4e3a 50 \u4ebf\u679a\uff09 \u3002<\/p>\n<p>\n\t\u4e24\u8f6e\u7b79\u6b3e\u7684\u8d2d\u4e70\u534f\u8bae\u7684\u6761\u6b3e\u4e2d\u552f\u4e00\u7684\u5b9e\u8d28\u6027\u533a\u522b\u662f\u4ee3\u5e01\u7684\u9501\u5b9a\u6761\u6b3e\u548c GRAM \u7684\u4ef7\u683c\u3002\u53c2\u4e0e\u9996\u8f6e\u7b79\u6b3e\u7684\u6295\u8d44\u8005\u5728\u83b7\u5f97\u4ee3\u5e01\u4e4b\u540e\u4e0d\u5141\u8bb8\u7acb\u5373\u5356\u51fa\u3002\u8fd9\u90e8\u5206\u4ee3\u5e01\u5c06\u5728 TON \u533a\u5757\u94fe\u542f\u52a8\u7684 3\u30016\u300112 \u3001 18 \u4e2a\u6708\u540e\uff0c\u4ee5\u6bcf\u6b21 25% \u7684\u6bd4\u4f8b\u91ca\u653e\uff0c\u91ca\u653e\u7684\u8fd9\u90e8\u5206 GRAM \u624d\u5141\u8bb8\u6295\u8d44\u8005\u8fdb\u884c\u552e\u5356\u3002\u53c2\u4e0e\u7b2c\u4e8c\u8f6e\u7b79\u6b3e\u7684\u6295\u8d44\u8005\u5219\u6ca1\u6709\u8fd9\u79cd\u9650\u5236\uff0c\u4ed6\u4eec\u53ef\u4ee5\u5728\u6536\u5230\u4ee3\u5e01\u4e4b\u540e\u7acb\u5373\u8fdb\u884c\u552e\u5356\u3002\u9996\u8f6e\u7684 GRAM \u4ef7\u683c\u4e3a\u6bcf\u4e2a 0.37 \u7f8e\u91d1\uff0c\u7b2c\u4e8c\u8f6e\u4e3a\u6bcf\u4e2a 1.33 \u7f8e\u91d1\u3002\u6839\u636e\u516c\u5f00\u53d1\u552e\u7684 GRAM \u6570\u91cf\u4ee5\u53ca Telegram \u9884\u671f\u5728\u53d1\u5e03\u65f6\u63d0\u4f9b\u7684\u603b\u6570\u91cf\uff0cTelegram \u4f30\u8ba1\uff0cTON \u533a\u5757\u94fe\u53d1\u5e03\u540e GRAM \u5728\u516c\u5f00\u5e02\u573a\u4e0a\u7684\u4ef7\u683c\u5e94\u8be5\u4f1a\u5728\u6bcf\u4e2a 3.62 \u7f8e\u5143\u3002\u4e70\u5356\u53cc\u65b9\u90fd\u65e0\u53ef\u4e89\u8bae\u5730\u8ba4\u4e3a\uff0c\u8fd9\u662f\u4ee5\u8d2d\u4e70\u534f\u8bae\u5f62\u6210\u7684\u5546\u4e1a\u6d3b\u52a8\u800c\u7b7e\u8ba2\u7684&ldquo;\u6295\u8d44\u5408\u540c&rdquo;\uff0c\u56e0\u6b64 GRAM \u5c5e\u4e8e&ldquo;\u8bc1\u5238&rdquo;\u3002<\/p>\n<p>\n\tTelegram \u5728\u5176\u63d0\u4f9b\u7684\u6750\u6599\u4e2d\u8868\u793a\uff0c\u4ed6\u4eec\u6b63\u5728\u7b79\u96c6\u8d44\u91d1\u7684\u76ee\u7684\u662f\uff0c\u6784\u5efa\u4e00\u4e2a\u5e9e\u5927\u7684\u57fa\u4e8e\u533a\u5757\u94fe\u7684\u7f51\u7edc\uff0c\u8be5\u7f51\u7edc\u5c06\u652f\u6301\u4e00\u79cd\u65b0\u7684\u52a0\u5bc6\u8d27\u5e01\u3002\u8be5\u8d44\u6599\u8fd8\u6307\u51fa\uff0cTelegram \u5c06\u4f5c\u4e3a TON \u533a\u5757\u94fe\u7684\u542f\u52a8\u5e73\u53f0\uff0c\u56e0\u4e3a Telegram \u4f1a\u5c06 TON \u533a\u5757\u94fe\u96c6\u6210\u5230 Messenger \u4e2d\uff0c\u5229\u7528 Telegram \u5e9e\u5927\u7684\u7528\u6237\u7fa4\u548c\u53d1\u8fbe\u7684\u751f\u6001\u7cfb\u7edf\u53d1\u5c55 TON \u533a\u5757\u94fe\u793e\u533a\u3002\u4f46\u662f\uff0cTelegram \u968f\u540e\u53c8 \u58f0\u79f0\uff0cTON \u533a\u5757\u94fe\u4e0d\u4f1a\u96c6\u6210\u5230 Messenger \u4e2d\u3002<\/p>\n<h3>\n\t\u5f53\u4e8b\u53cc\u65b9\u7684\u89c2\u70b9<\/h3>\n<p>\n\tSEC \u603b\u4f53\u4e0a\u63d0\u51fa\u4e86\u4e24\u4e2a\u8bba\u70b9\u3002<\/p>\n<p>\n\t\u9996\u5148\uff0cTelegram \u5411\u673a\u6784\u6295\u8d44\u8005\u63d0\u4f9b\u7684\u8981\u7ea6\u6784\u6210\u4e86\u672a\u7ecf\u767b\u8bb0\u7684\u8981\u7ea6\u4ee5\u53ca\u672a\u7ecf\u6ce8\u518c\u7684\u8bc1\u5238\u9500\u552e\u3002SEC \u58f0\u79f0\uff0c\u4f17\u6240\u5468\u77e5\u7684&ldquo;\u8c6a\u5a01\u6d4b\u8bd5&rdquo;\uff08\u5b83\u4e3a\u5224\u65ad\u7279\u5b9a\u4ea4\u6613\u662f\u5426\u6784\u6210\u8bc1\u5238\u53d1\u884c\u63d0\u4f9b\u4e86\u6807\u51c6\uff09\u81ea GRAM \u7684\u8d2d\u4e70\u534f\u8bae\u751f\u6548\u4e4b\u65e5\u5c31\u5df2\u9002\u7528\u3002SEC 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\u672a\u6765\u4ef7\u683c\u8fdb\u884c\u52aa\u529b\u7684\u4efb\u4f55\u627f\u8bfa\uff0c\u6b64\u5916\uff0c\u4efb\u4f55\u5bf9\u672a\u6765\u7684\u52aa\u529b\u627f\u8bfa\u5728\u5408\u540c\u4e2d\u90fd\u4e0d\u662f\u5fc5\u987b\u7684\u3002<\/p>\n<p>\n\tTelegram \u8fd8\u58f0\u79f0\uff0c\u7531\u4e8e TON \u533a\u5757\u94fe\u7f51\u7edc\u7684\u53bb\u4e2d\u5fc3\u5316\u6027\u8d28\uff0cGRAM \u5728\u53d1\u884c\u4e4b\u540e\u4e5f\u5e76\u4e0d\u4ee3\u8868\u4e00\u5bb6\u5e38\u89c4\u4f01\u4e1a\u3002<\/p>\n<p>\n\tAndrew Hinkes \u662f Carlton Fields \u5f8b\u5e08\u4e8b\u52a1\u6240\u7684\u4e00\u540d\u5f8b\u5e08\uff0c\u517c\u4efb\u7ebd\u7ea6\u5927\u5b66\u6cd5\u5b66\u9662\u6559\u6388\u3002\u4ed6\u8868\u793a\u8bf4\uff1a&ldquo;SEC \u5df2\u7ecf\u627f\u8ba4\uff0c\u6bd4\u7279\u5e01\u548c\u4ee5\u592a\u5e01\u4e0d\u5c5e\u4e8e\u8bc1\u5238\u3002\u56e0\u6b64\uff0c\u5982\u679c TON 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