Telegram takes a loan from investor

In a new letter from the company said that
investors will provide a loan to a company "with an annual interest rate of 52.77%". It's about the fact that if the investor take now 72% of the invested or in a year or 110%, the second amount is greater than the first by 52.7%.

However, the letter stipulated a new condition: this Telegram loan can pay off at any time, and the investor will receive interest at the rate specified above, with a minimum fee, which the company would have paid for three months of use of money.

From the second promise is to give investors the cryptocurrency in case of successful start of the blockchain — Telegram in the end refused, "to reduce regulatory risks for all parties involved". Will the team be to run the blockchain and what are her plans for this year — from the letter is unclear.

Translated using Yandex.API