[dpflan]

To add to your point, the article states that Telegram will try to retain a 52% stake in its economy to control it.

"Telegram will The white paper also makes clear that four percent of the supply of Grams (200 million Grams) will be reserved for Telegram’s development team with a four-year vesting period. Telegram also plans to retain “at least 52 percent” of the entire supply of the Grams cryptocurrency to protect it from speculative trading and maintain flexibility. The remaining 44 percent will be sold in both the public and private sale.

The currency will be listed on external exchanges and used inside the Telegram app."

[hndamien]

This is really the deal breaker. If they had a fair distribution function then I'd be ok adopting it. This is really one of the virtues of Bitcoin. Everybody had their chance - even after significant media attention - to help participate and bring about the change.