⬆️ Heading High

TON coin reached $2.71 at the time of writing the post. What's behind such a price rally?

Several factors could be at hand, most notably the upcoming Gateway conference taking place tomorrow.

During this conference, many partnerships, collaborations and announcements will be made, which will fuel interest in token and the blockchain as a whole.

For instance, yesterday Bybit joined forces with The Open Network to launch TON Odyssey, an event aiming to put cryptocurrency in every pocket. As part of this event, Bybit users can earn up to 5.5 TON by performing simple actions.

The price of TON was also boosted by the recent Telegram update, which allowed for hosting transparent and verifiable giveaways of Telegram Premium subscriptions.

On November 6th and 7th, Pavel Durov launched giveaways with a total prize of 15,000 subscriptions, worth over $300,000.

You can get a much better deal buying wholesale premium subscriptions on Fragment, which is what many popular Telegram channels are doing to attract subscribers to their channels in the most organic way.

These are just some of the few factors that we know about, but let's wait for the conference to find out the rest!

How far do you think TON will grow?

Your amazing @TonPost

💎Layerswap x TON

Layerswap announced it's integrating TON blockchain into its application.

Layerswap is an application for transferring crypto assets between centralized exchanges, blockchains and banks in a matter of minutes.

Now Layerswap users can transfer TON funds from CEX, Ethereum, Solana, and L2 protocols. Note that those are protocols deployed on top of the main Layer 1 blockchain, increasing its scalability.

Currently, the application allows for unlimited cryptocurrency transfers between 18 exchanges and 24 blockchains, as well as multi-chain transfers and fiat transfers.

Another small step through the limitless TON ecosystem, but it makes the journey so much more exciting! 🤗

Your swapping @TonPost

🤩TON developers will integrate native stablecoins

Many popular networks impose mandatory conditions related to holding native coins. For example, users must hold TRX on the balance to send USDT over TRC20, which greatly complicates the process.

Next year, a special smart contract for a popular stablecoin will be launched, allowing transactions to be carried out without paying commissions in TON.

Source
@TonPost

🙏Promo video from the TON blockchain conference

Here is a promo video presented during the recent Gateway conference, which briefly describes The Open League initiative and plans within the TON Society.

The idea is to allow contributors, developers, and other users to earn XP for performing certain tasks, which can then be exchanged for a TON.

In addition, participants will receive a commemorative badge in the form of an SBT NFT for achieving milestones in various events.

This initiative is expected to attract 5 million active users to the TON ecosystem.

Also in the near future, emphasis will be placed on the development of TMA/TWA (Telegram Mini/ Web Apps), which will attract many developers and creative users to the ecosystem.

We should probably expect a lot of events for developers, and of course, a constructor for creating TMA / TWA (but this is just a guess). 🧐

Source | Presentation
Your constructor @TonPost

🙏GeckoTerminal x TON

CoinGecko's tracker has started supporting decentralized TON blockchain exchanges.

GeckoTerminal is a real-time DEX tracker created by the CoinGecko developmers. From its terminal you can track cryptocurrency prices, volumes, transactions, liquidity, and much more on decentralized exchanges from all blockchains.

Previously, CoinGecko has listed TON coin and created a rating catalog for Telegram bots and apps to keep track of this thriving ecosystem.

Your tracker @TonPost

🔥Another big step for Web3

From the very beginning, TON was designed as a decentralized, self-governing organism. And only if the vast majority (as many as two-thirds of validators) give their approval, changes to the network can be made.

Today, the 'configuration key', the last element hindering complete decentralization, was removed from the system.

This key allowed adjusting the technical parameters of the network in critical cases. It could not directly manipulate smart contracts, such as making changes to the balance, code or account data. Nevertheless, it was the last element to get rid of in order to achieve true and complete decentralization of the TON blockchain.

So, today, that key is history. The devs removed it from the system, along with all the “buts”, and now our beloved TON network stands to claim its position as the most advanced decentralized body!

→ Deletion of the Configuration key displayed on TON Scan

🎂It’s amazing that we're over 10,000 people on the DeepTon channels! Thanks to everyone who has subscribed and is following us. We, in turn, will continue to delight you with interesting content.

Your decentralized @TonPost

🥺Major players from Hong Kong have noticed TON's potential

Recently TON Foundation, in partnership with Future3 Campus, announced TON Bootcamp, an event that fosters the development of Telegram-based mini-applications in the TON Web3 ecosystem. The program lasts for five months and offers initial funding of up to $50 million for the top 15 participants.

Future3 Campus is a Web3 innovation incubation platform. Created by Wanxiang Blockchain Labs and HashKey Capital, it focuses on three main areas: mass adoption of Web3.0, DePIN and AI.

HashKey Capital Investment Fund has invested in more than 165 ventures in Web3 and established over 1,000 partnerships, including Coinbase Ventures, Binance Labs, Gate.io and others.

Hashkey Exchange is a centralized exchange founded in 2018 in Hong Kong. It has only 10 trading pairs at the moment and a 24-hour volume of around 300 million dollars. Hashkey was the first in Hong Kong to receive an exchange license.

The Chinese conglomerate Wanxiang Group, one of the country's largest auto parts manufacturers, is also among the founders of Futur3 Campus. It actively invests in blockchain through its own dedicated fund. Wanxiang Blockchain provides technologies, capital, and resources for industrial-scale development and business integration with the blockchain industry.

This partnership implies that The Open Network is entering into a direct cooperation with Hashkey, the most influential cryptocurrency leader in Hong Kong.

Why is this not advertised? The leadership of the People's Republic of China took a tough stance against virtual money. Cryptocurrencies and transactions with them are banned throughout the country.

In 2021, China banned investments in mining cryptocoins, and then mining activity as a whole. Under pressure from the authorities, WeChat messenger, popular in China and other Asian countries, shut down cryptocurrency groups. Any operations with non-fungible tokens are prohibited.

WeChat is a messaging app regulated by the state. Telegram is looking to do the exact opposite, emphasizing Web3 and TWA/TMA, supporting projects with grants and promotion in Telegram Ads, which also use TON blockchain technologies.

Speaking about Telegram's ambitions to outperform WeChat. Recently, it has partnered with the Chinese messenger, Tencent, allowing it to compete in the world of Web3 applications.

Will Telegram excel in the niche of mini-applications, create the first native Web3 ecosystem, and attract the promised 500 million users to TON? We will find out very soon 😎

Your Telegram Web @TonPost

🇹🇷TON listed on the Turkish Paribu Exchange

The Pirabu team announced that TON is now officially listed on their exchange, and is available for purchase and trading.

Paribu is a leading crypto exchange in Turkey and is well known in Europe and other regions. It is popular among traders thanks to its large offering of assets, significant trading volume, and simpler functionality than its competitors.

The exchange dominates the Turkish crypto exchange market, occupying more than 50.5% of the local exchange market share, based on a recent CoinGecko report (2023).

This is the first time TON has been listed on a Turkish cryptocurrency exchange. Paribu is integrated with 11 Turkish banks, including the country's leading national and private banks, which offers users fast, easy, and secure access to TON.

Confident integration, strong banking ties, and the exchange's trust among traders indicate that TON will strengthen and expand its influence in the cryptosphere, so that participants can enjoy new opportunities for investing and trading.

Your Turkish @TonPost

🔮TON Torrent has arrived

Many have been waiting for a TON Torrent equivalent since the introduction of TON Storage, and now it's here!

A developer nicknamed xssnick posted a repository with TON Torrent, downloadable on Windows, Mac, or Linux.

TON Torrent allows you to download files from a home Internet connection, as long as they are on static IP address nodes.

To download a file, open the application, click "+Add" and enter the bagID, usually found on the @firsttontracker forum or the torrentracker.ton website (requires the TON Proxy browser extension).

For example, you can download a documentary about Pavel Durov (2021) by entering this bagID: E5319D0D750CA9A1C5DE97D869AC7D5904A605313175CE038151C496E5E7F705

Recently, one of the core developers of Telegram, Anatoly Makosov (Tolya Yanot), shared a story with a bagID containing photos of the Gateway conference in Dubai:
23AD8E74CAF9A435F07DD8829535652C2FA0B32B7BB28D73BFE9A836E15EA1BB

To upload a file, click the "Create" button, write the name of the distribution and specify the path to the folder where the file/files are located.

To share it, copy the bagID, or export the file in the .tonbag format.

You no longer have to log into the cloud in order to upload files. All you need to do is keep them on your PC so that your friends can download them in just a couple of clicks.

This is a separate branch of the Web3 ecosystem, and has its own history, and has been in demand since its inception. Now, thankfully, its services have become more accessible, simpler and safer.

TON Storage has the potential to become a major storage utility for the massive amounts of data from TON users, and even Telegram, but this is still yet to come.

TON Torrent | TON Site | Forum | TON Proxy

Your keeper @TonPost