The first round of attracting investments took place from January 29 to mid-February. On February 13, Durov reported on his results. As part of the ICO, they managed to attract $ 850 million from 81 investors. According to the SEC, proceeds from the placement of tokens will go to the development of Telegram's messenger and TON's blockchain-platform. Among investors in the first round of the ICO, Russian businessman Roman Abramovich, who invested $ 300 million, founder and general director of QIWI Sergey Solonin, the second largest investor among Russian investors, and co-founder of Wimm-Bill-Dann, David Yakobashvili, who invested $ 10 million in Telegram and TON.