Cancellation of Gram Token Sale

In Product

The Gram Token Sale on Liquid has been cancelled, and all funds previously held in escrow by Liquid have been returned to Liquid users who participated in the Gram Token Sale.

What happened?

At the time of the Gram Token Sale on Liquid, it was anticipated that the TON mainnet would be launched by 31 October 2019.  As most Liquid users may know, the TON mainnet was not launched by that date and still has not launched.  

Under the Gram Token Sale Terms of Sale, Liquid is required to return all funds committed by Liquid users in the Gram Token Sale due to the fact that the TON mainnet was not launched by 30 November 2019.

Further details

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Thank you for your understanding.


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