Citizens of Taiwan can now buy Toncoin with the local currency, TWD.

The TON project continues to expand its geography: BitoPro, a popular crypto platform in Taiwan — where 80% of the island’s crypto activity happens — has listed Toncoin.

Moreover, the TON Foundation is in partnership talks with O2 Meta, BitoPro’s metaverse project.

The exchange is officially registered and adheres to the local laws, enabling over 800,000 users to buy cryptocurrency with fiat currency.

BitoPro is partners with the FamilyMart chain and provides shoppers with more than 3,000 stores where they can buy crypto for cash.

BitoPro also has partnered with large companies, such as CoinGecko, Dow Jones, JOYSO, Mifengcha, BitUniverse, and others. In 2017, it entered the top 10 companies in the Asia-Pacific region for offering the best payments solutions.

We’re proud to say that Toncoin is now tradable directly with the Taiwanese local currency, TWD.

Over 2.5 million people worldwide follow TON.

We’re proud to inform you that the total number of TON followers on social media has surpassed 2.5 million.

The majority of the community is on Telegram, but there are also active contingencies on Twitter and crypto price tracker sites CoinMarketCap and CoinGecko.

Although we’re humbled by reaching this milestone, we will nevertheless continue producing content in 12 languages for our users in a dozen countries.

The most active TON Community channels on Telegram:

— TON Community 🇬🇧(English)
— TON Community 🇷🇺(Russian)
— TON Community 🇪🇸(Spanish)
— Ton中文频道 🇨🇳(Chinese)
— TON Community 🇮🇩(Indonesian)
— TON Community 🇺🇿(Uzbek)
— TON Community 🇮🇹(Italian)
— TON Community 🇹🇷(Turkish)

We’d like to express our gratitude to all our subscribers across all channels, promising to continue working for you.

​TON Community Weekly Digest

Here’s a roundup of the ecosystem’s most exciting news from the past seven days.

Network stats update:

▪️ The number of new accounts created on TON from June 12 to 18 grew from 711,698 to 786,945 (+10.6%).

News:

▪️ Crypto wallet Tonhub released a new token-creation function.

▪️ The first-ever TON hack-a-TON was announced, a contest for JavaScript specialists whose prize pool is 40,000 Toncoin.

▪️ Citizens of Taiwan will be able to buy Toncoin with the local currency. Toncoin was listed on one of the biggest crypto exchanges in the Asian region, BitoPro.

▪️ The total number of subscribers and followers across all of TON’s social media accounts surpassed 2.5 million.

▪️ Independent programmers from the TON developers community launched a new service that allows users to create their own tokens with just one click.

▪️ NFT marketplace Getgems added support for the Tonhub crypto wallet.

Stay up-to-date with the latest developments brewing in the TON ecosystem by turning on the notifications to this channel. You won’t want to miss a thing!

​A new grant program from Getgems and TON Diamonds.

At the beginning of June, Getgems and TON Diamonds collaborated to launch a grant program for smart contract developers worth 8,000 Toncoin.

Today, they published some initial results: Two teams of independent developers will receive 4,000 Toncoin for having written an NFT auction smart contract.

Supporting developers is a top priority for The Open Network’s development, and we’re glad to see prominent ecosystem projects actively participate in the TON blockchain and launch their own initiatives.

Getgems continues to award grants to talented developers. You can follow announcements and programs on this channel: https://t.me/getgems

​Website security service Cloudflare suffered outages in its worldwide networks.

Today, Cloudflare, a company that provides network services to millions of sites, experienced failures that adversely affected vast areas of the internet.

Many services and sites were rendered unusable, such as popular messenger Discord, news aggregator Feedly, food delivery service DoorDash, and many more. The issues have been fixed.

On multiple occasions, the TON Foundation has said that the current iteration of the internet has become too fragile due to centralized corporations dominating the space and that similar outages will occur, disrupting millions of users.

Achieving a high level of network security is only possible through decentralization.

In a new article, the TON Foundation explains how the TON blockchain can play a crucial role in the battle for decentralization and replacing the current cloud solutions by becoming a decentralized meta cloud: https://telegra.ph/TON--The-metacloud-06-15

TON Events.

The official ton.org website has added a new section, TON Events, where announcements for upcoming events will be posted, including meetups, contests, hack-a-TONs, and more.

If you want to organize an event for the TON community, let us know in the TON Events calendar.

To do that, you’ll have to fill out a form included in this link:
https://ton-org.typeform.com/events

The largest non-custodial crypto wallet in Southeast Asia, Coin98, has added support for TON.

Users can now store and transact with Toncoin directly in the app.

Coin98 Finance is a multichain DeFi platform with over 2 million users and over 50 blockchains.

The company manages a popular non-custodial multi-currency NFT wallet, Coin98 Wallet, and its own DEX, Coin98 Exchange.

Over the past month, TON has established partnerships with a deep lineup of Asian platforms. For example, Toncoin has been listed by regional crypto exchanges, such as MEXC, Unocoin, Matrixport, BitoPro, and others.

We’re pleased to see how the TON project continues its expansion in Asian markets.

Registration for the first-ever Hack-a-TON, whose total prize pool is 40,000 Toncoin.

Registration for the first-ever Hack-a-TON for JavaScript programmers opens today, with the competition kicking off on July 1 and running for 48 hours.

The only requirements to participate are JavaScript and a team of four (or fewer). An SDK and prepared smart contracts will be provided.

The Hack-a-TON will be online only.

To participate in the competition, you need to register via this bot: @hack_a_ton_bot

We also recommend you keep an eye out for announcements from the TON Contests Telegram channel for updates. Once the Hack-a-TON ends, the TON Smart Challenge #2 will begin.

The TON Community Manager Contest is still in full swing.

This post is a quick little reminder that the second stage of the TON Community Manager Contest is underway and ends on June 30.

We’ve handed out rewards to the winners of the first stage and sent them Toncoin and NFTs from the Animals Red List, Tegro, and Mintosaurs collections.

Moreover, a few contestants have received job offers and joined projects based on TON.

Anyone can participate in the contest. You can find the requirements and a description of the tasks here: https://telegra.ph/TON-Community-Manager-Contest-Round-2-06-10

The weekend is right around the corner — it could be the perfect time to complete some tasks for the contest.

Up to $100,000 could be rewarded for finding a vulnerability in the TON blockchain’s code.

Developers at The Open Network take a responsible approach to questions about the network’s security and dedicate a significant amount of time hunting for and finding bugs and errors.

We’d like to remind our readers that the TON Bug Bounty program is always ongoing, whereby any programmer can be rewarded for uncovering a vulnerability.

The reward size depends on how critical the bug is and can reach $100,000.

You can find more details about the TON Bug Bounty program here:
https://github.com/ton-blockchain/bug-bounty

​TON Community Weekly Digest

Here’s a roundup of the ecosystem’s most exciting news from the past seven days.

Network stats update:

▪️ The number of new accounts created on TON from June 19 to 25 grew from 790,550 to 870,377 (+10%).

News:

▪️ Registration opened for the first-ever Hack-a-TON for JavaScript developers, with a total prize fund of 40,000 Toncoin.

▪️ Coin98 Wallet, the largest non-custodial crypto wallet provider in Southeastern Asia, added support for The Open Network.

▪️ The Tegro TON team launched the TON Hold Wallet, a new non-custodial wallet based on The Open Network blockchain.

▪️ The grant program between the Getgems and TON Diamonds teams published its initial results.

▪️ The TON Community Manager Contest continues, and the winners of the first stage have already received their prizes.

▪️ We wrote a post reminding readers about the TON Bug Bounty program, whereby anyone discovering a vulnerability in the TON blockchain’s code could qualify for a reward of up to $100,000.

▪️ TON’s official website, ton.org, added the new TON Events section where upcoming events will be placed and organizers can post information about their events.

▪️ Amid the outages at Cloudflare, a website protection company, the TON Foundation published an article explaining how the TON blockchain can replace incumbent cloud solutions and become a decentralized metacloud.

Stay up-to-date with the latest developments brewing in the TON ecosystem by turning on the notifications to this channel. You won’t want to miss a thing!

​Jettons in Tonkeeper.

The Tonkeeper crypto wallet has developed the means to support Jettons and now has the capacity to display the balances of custom tokens.

Interacting with Jettons is just as easy as with Toncoin. Tonkeeper users can view transaction histories and receive and send the tokens to any address in just a few clicks.

Users don’t have to import wrapped versions of these tokens manually, like MetaMask. Any Jetton sent to a Tonkeeper wallet address is automatically displayed in the wallet.

It’s important to note that all transactions on The Open Network are paid in Toncoin; therefore, there should always be a small amount of Toncoin to complete transactions.

We published a lengthy article covering Jettons a while ago (we recommend you read it), but today, we’ll reiterate the gist: Jettons are all the other cryptocurrencies on TON — but Toncoin is not a Jetton.

The TON ecosystem is about to see the launch of more Jettons, but most of them come from NFT game creators and TON-based services.

In the future, a lot of these tokens will gain value and trade on crypto exchanges with the likes of Toncoin and other giant cryptocurrencies. We’re excited that the network is getting fully functional instruments to interact with altcoins.

We’d also like to note that Jetton support is also available in other crypto wallets, such as Tonhub and Scaleton.

You can download the updated Tonkeeper app here:
https://tonkeeper.com/download/?release=2.4

​Toncoin mining has ended.

A significant event occurred on The Open Network today: Miners mined the last Toncoin from the PoW Giver smart contracts, marking the end of the initial token distribution phase.

TON mining was the most critical step in the network’s development.

TON mining’s birthday is considered to be July 6, 2020. On that day, the Telegram team published a guide on the project’s site, and all the available tokens (98.55% of the total supply) were sent to special smart contracts, from which anyone could mine Toncoin over the past two years.

The Open Network project didn’t have an ICO, IEO, or other forms of initial token sales after issuance. Instead, Toncoin was available through mining, which helped disseminate the cryptocurrency to hundreds of thousands of users.

Now that the Toncoin mining era has ended, the only way to earn new coins is by staking TON, which is poised to become a prominent industry.

The amount of new Toncoin entering circulation will decrease by 200,000–250,000 coins per day, a 75% decrease.

The TON Foundation has published an article that describes in detail the history of TON mining, its vital role in the network’s decentralization, and the future development of the blockchain.

You can read the article here:
https://telegra.ph/Toncoin-mining-has-successfully-ended-06-17

​Jettons on TON

It’s not for the first time when we mention the word „jettons“ on our channel. Today we’d like to talk about what this technology is and what usecases it has.

More than two months ago, the TON developers reported the finalization of the token standard, which is called TON Jetton. In simple words, tokens are a cryptocurrency that can be built on any blockchain by every person or a company. For example, the famous USDT, USDC, and SHIBA are tokens on the Ethereum blockchain.

Jettons have a large number of different usecases. One of them is creating the ecosystem around some product. Another one is encouraging users by their contribution to the project. We should note that many tokens might be a good investment as their price can rise (for example, due to listing on the exchange).

Tokens on TON have already appeared for the common-use. Tonhub, a popular TON Wallet, started supporting some tokens like $SCALE, $BOLT, $WTON, $TGR and others. Recently some third party developers launched the first Jetton Deployer – a convenient tool to deploy tokens.

We strongly believe that coming DEXs will significantly promote jetton’s technology on TON, making it as popular as NFTs now.

Creating your own tokens based on TON

Independent specialists from the community of TON developers have launched the Jetton Deployer service, which allows users to create altcoins on The Open Network with one click through a convenient interface.

With this new service, anyone can create new tokens without technical knowledge.

Steps:

1. Go to the Jetton Deployer site and connect your TON-based crypto wallet.
2. Give your token attributes: a name, a ticker symbol, its total supply, and a logo.
3. Click the “Deploy” button and pay the commission fee of 0.25 Toncoin.

To see your tokens, however, you’ll have to connect your wallet on the Scaleton.io site to import your created tokens, after which your tokens will be visible on your balance, and you’ll be able to send them to other users.

Jetton Deployer also enables users to manage their created tokens. You can find a guide here.

We’d like to note that the code is open-source.

​Introducing TON DNS.

We’re excited to announce the launch of TON DNS, a long-awaited and major component of The Open Network that will simplify interacting with the blockchain, similar to surfing the internet.

TON DNS is going to integrate human-readable names into decentralized services, sites, smart contracts, and network nodes.

Here’s an example of how it’s going to work:

Now you can register a nickname — e.g., user.ton — and use it instead of long wallet addresses. In other words, people will be able to send you Toncoin by simply entering your TON domain name as the recipient’s address.

Developers working on products will be able to replace smart contract addresses with a short .ton domain, which will make the user experience that much simpler.

TON DNS are NFTs.

Every unique TON DNS domain will be an NFT that you can store, give to someone as a gift, and sell like any other regular NFT.

You can view your domain in your wallet and put it up for sale on NFT marketplaces, such as Getgems or Disintar, which already have support for this new major component.

But these are only a couple of use cases for TON DNS.

In fact, the component opens up much broader opportunities for both regular users and service developers, about which the TON Foundation wrote in its latest article dedicated to TON DNS:
https://telegra.ph/TON-DNS-06-30

The initial distribution of domain names will occur via an open auction, which begins on July 30 at dns.ton.org

You can find all the necessary information in the TON Foundation’s newest article, and we’ll provide you with updates on the event as they unfold.

​Introducing TON Payments.

The Open Network is a fast blockchain with low network fees.

A new block is created on TON about every five seconds, so sending Toncoin to people takes as little time as sending money via bank apps.

The current block speeds are enough to solve most of the tasks, but there are instances when high speeds just won’t cut it — lightning-fast speeds are required with absolutely zero fees.

Here’s an example:

Let’s say you need to download a video file of 1GB via TON Proxy (a decentralized equivalent of a VPN that’ll launch in the next quarter).

You’ll have to pay for the internet data, assuming TON Proxy charges 0.000000001 Toncoin per kilobyte of downloaded content.

Therefore, millions of microtransactions will have to occur just to download a file of 1GB.

Having millions of such micropayments on a blockchain makes little sense. Payments Channels was developed precisely for these situations to avoid network fees and have the transaction go through instantly.

How does TON Payments work?

The component will allow users and decentralized services to make Toncoin transactions within the Payments Channels — but off the blockchain.

Meanwhile, transfers will always be safe and decentralized, just like on the blockchain.

Payments Channels will be able to provide use cases in many different places, such as paying for internet data, games, streaming, DeFi, and more.

You can find more details on TON Payments in the TON Foundation’s latest article: https://telegra.ph/TON-Payments-07-01

The first-ever Hack-a-TON is starting!

The hackathon centered around JavaScript specialists has just kicked off and has a prize pool of 40,000 Toncoin.

Participants are to find the best way to use case of the Payment Channels technology, which we just told you about in our previous post.

Over 3,500 people have applied for participation in Hack-a-TON — an impressive number — but we’re confident that by the end of the competition, we will have seen a lot of cool ways to apply TON Payments to different spheres, such as streaming, internet traffic, games, DeFi, and more.

The prize pool is a cool 40,000 Toncoin split among the top 10 teams, and the winner will take home 50% of the Toncoin.

Good luck to all participants!

​Perpetual Toncoin mining.

As you already know, the initial Toncoin distribution phase officially wrapped up a few days ago, with staking stepping in to replace it.

Although all PoW Giver smart contracts have been completely emptied and TON mining is no longer available in a classical sense, the TonWhales team has developed a fascinating solution for miners who want to continue mining Toncoin: a pool for perpetual Toncoin mining called Infinity TON Mining Pool.

How does it work?

It’s a mining pool whose participants mine other cryptocurrencies — e.g., Bitcoin and Ether — but the rewards are paid in Toncoin. The TonWhales team coverts mined BTC and ETH into Toncoin free of any fees.

The requirements for miners remain relatively unchanged. Miners will need to install special software; their hardware will again be tasked with solving mathematical problems; and they’ll receive rewards in the form of TON’s native cryptocurrency.

What kind of hardware is needed?

Regular users and professional miners alike can participate in the Infinity TON Mining Pool — a gaming PC with a good video card will do the trick.

To participate in perpetual Toncoin mining, all you need to do is install a special OS and launch it on your computer.

You can find a detailed guide here:
https://tonwhales.com/mining

​TON Community Weekly Digest

Here’s a roundup of the ecosystem’s most exciting news from the past seven days.

Network stats update:

▪️ The number of new accounts created on TON from June 26 to July 2 grew from 874,980 to 908,129 (+3.8%).

News:

▪️ Toncoin mining officially came to an end. Miners mined the remaining Toncoin, with staking ushering in a new era for the blockchain network.

▪️ The TON Foundation unveiled two new yet major components in the ecosystem: TON DNS and TON Payments.

▪️ Tonkeeper released a major update. The crypto wallet can now display TON-based altcoin balances.

▪️ The first-ever Hack-a-TON kicked off with a total prize pool of 40,000 Toncoin.

▪️ NFT marketplace Getgems released crucial updates for its NFT bot.

Stay up-to-date with the latest developments brewing in the TON ecosystem by turning on the notifications to this channel. You won’t want to miss a thing!

​NFT bots on Telegram.

Today, we want to tell you about two convenient services that allow users to buy, sell, and view TON NFTs directly within Telegram.

These two services are bots from prominent NFT marketplaces in the TON ecosystem Getgems and Disintar.

@GetgemsNftBot.

This bot from Getgems has a streamlined and minimalistic interface.

With it, you can buy NFTs, view purchased NFTs, and browse collections and profiles on the marketplace.

The bot displays basic characteristics of NFTs: their price, the addresses of their owners, and to which collection they belong. To learn more about an NFT, tap “See details,” which will send you to the Getgems site.

You can also quickly copy NFT addresses and share them with friends.

@disintar_bot

NFT marketplace Disintar has its own bot service that’s easy to use.

Connecting your wallet lets you view your NFTs in a separate tab and browse collections and NFTs on Disintar.

The bot lists all the main characteristics of the NFTs, their prices, the creator’s address, the owner’s address, the rarity score, and more.

If you’re interested in buying an NFT, the bot will offer to take you to the marketplace, where you’ll be able to make the purchase in just a few clicks.

Please note that the web versions of bots work on smartphones and have no support for the desktop version of Telegram.

As the TON NFT market grows, more exciting and convenient services to work with NFTs launch in the ecosystem.

We’re glad to know that app creators are striving toward making user-friendly products with simple interfaces to make life easier for all users.