Hey, I’m Ehsan 👋
I build products for regular online users — things that actually work, not just promise to.
After years in Web3, one thing’s clear: most of what you see is hype,
but inside that noise, there’s always a pattern worth understanding.
This channel isn’t about selling dreams.
It’s about looking at Blockchain, Web3, and projects with clear eyes —
what’s real, what’s broken, and what might actually become something big.
If you’re tired of “soon”s, fake promises, and overhyped roadmaps —
you’re in the right place.
Welcome to the experiment.
Thoughts, Web3, and everything in between.
I build products for regular online users — things that actually work, not just promise to.
After years in Web3, one thing’s clear: most of what you see is hype,
but inside that noise, there’s always a pattern worth understanding.
This channel isn’t about selling dreams.
It’s about looking at Blockchain, Web3, and projects with clear eyes —
what’s real, what’s broken, and what might actually become something big.
If you’re tired of “soon”s, fake promises, and overhyped roadmaps —
you’re in the right place.
Welcome to the experiment.
Thoughts, Web3, and everything in between.
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Just Ehsan pinned «Hey, I’m Ehsan 👋 I build products for regular online users — things that actually work, not just promise to. After years in Web3, one thing’s clear: most of what you see is hype, but inside that noise, there’s always a pattern worth understanding. This channel…»
Renting on TON: Still Going Nowhere 🚫
The rent feature in the TON market has failed to gain any real popularity so far.
Even with the addition of gift renting on Telegram and more recently in Tonnel Market,
it doesn’t seem like it’s going to have a different future.
Maybe for rare or high-value items — like the🎁 Pepe gift, priced over $10,000 — renting could sound appealing.
But the problem is: when there’s scarcity, there’s nothing to rent in the first place.
You can’t build a market out of thin air.
A similar story happened with Anonymous Numbers Rental —
at launch, you could rent premium numbers easily.
Now? Finding one available for rent is almost impossible.
And even if you check the gifts listed for rent today… it’s kinda funny😅
Some users just list their gifts “for visibility,” like 3 days of rent for 3 TON,
while the same gift can literally be bought for under 10 TON.
That says it all — the rental market is empty,
there’s no real demand, and the pricing model makes zero sense.
Until that gap closes, renting won’t ever take off.
The rent feature in the TON market has failed to gain any real popularity so far.
Even with the addition of gift renting on Telegram and more recently in Tonnel Market,
it doesn’t seem like it’s going to have a different future.
Maybe for rare or high-value items — like the
But the problem is: when there’s scarcity, there’s nothing to rent in the first place.
You can’t build a market out of thin air.
A similar story happened with Anonymous Numbers Rental —
at launch, you could rent premium numbers easily.
Now? Finding one available for rent is almost impossible.
And even if you check the gifts listed for rent today… it’s kinda funny
Some users just list their gifts “for visibility,” like 3 days of rent for 3 TON,
while the same gift can literally be bought for under 10 TON.
That says it all — the rental market is empty,
there’s no real demand, and the pricing model makes zero sense.
Until that gap closes, renting won’t ever take off.
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You’ve probably already heard of the Goodies project.
It was supposed to launch its first drop with Lamborghini-themed stickers,
but instead, today’s launch turned out to be 888 Teddy stickers, not Lamborghini! 🧸
Interestingly, on Lamborghini’s official Telegram channel (@lamborghini)
there isn’t a single post mentioning any partnership or endorsement of Goodies —
yet the project is actively using Lamborghini’s name and logo to attract users (and even to promote laborghini official channel). ⚠️
It’s very likely that Lamborghini has nothing to do with this mini app at all.
The project uses a simple mechanism —
your chance of winning stickers increases based on the tasks you complete and the points you earn.
The actual stickers are distributed through a lottery,
but only among users who stake their TON coins into the bot’s wallet.
Staking in DeFi means depositing your crypto assets — similar to a bank deposit —
in exchange for rewards, reputation, or other benefits.
Now here’s where it gets interesting:
Around the same time as Goodies, another project called TonTrust opened its sale pool —
for every 40 TON you deposit, you supposedly get an “Anonymous NFT Number.”
When we asked their support chat whether this 40 TON deposit will be refundable,
we received no clear answer. 🤔
So in one single day, we saw two supposedly independent projects
— both with little to no background or working product —
launching flashy campaigns and collecting user deposits after a few paid press mentions. 💸
⸻
- Goodies has collected over 300,000 TON
- TonTrust around 19,000 TON
All without a single real product delivered. 😐
⸻
It’s a perfect example of how marketing can outperform substance in Web3 —
and why users need to stay sharp when hype looks too polished.
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DeFi on Toncoin!
Last year, TON Foundation launched a truly exciting DeFi program — staking USDT on the TON network with a 100% annual yield. Back then, it was literally the only fun part of DeFi on Ton.
But now?
That whole staking and annual yield feature for USDT is completely gone.
Instead, as a so-called “DeFi innovation,” Mr. Freeman introduced a gift rental market inside Tonnel Marketplace, the most popular Telegram gift marketplace (and of course, he’s not the only one!).
There used to be a DeFi section for staking gifts, too —
but it disappeared just as quickly as it arrived😅
Currently, All gifts are staked with 0% yield, and apparently no one even cares to rent them now which is just introduced as a new feature!
Seriously though… why are people who staked their gifts still not withdrawing them?🤔
Last year, TON Foundation launched a truly exciting DeFi program — staking USDT on the TON network with a 100% annual yield. Back then, it was literally the only fun part of DeFi on Ton.
But now?
That whole staking and annual yield feature for USDT is completely gone.
Instead, as a so-called “DeFi innovation,” Mr. Freeman introduced a gift rental market inside Tonnel Marketplace, the most popular Telegram gift marketplace (and of course, he’s not the only one!).
There used to be a DeFi section for staking gifts, too —
but it disappeared just as quickly as it arrived
Currently, All gifts are staked with 0% yield, and apparently no one even cares to rent them now which is just introduced as a new feature!
Seriously though… why are people who staked their gifts still not withdrawing them?
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Look, there are tons of projects popping up in the Telegram ecosystem —
but the truth is, 99% of them are either scams or weak copies.
And that remaining 1% that aren’t scams?
They usually lack any real innovation or solid gamification (like what xRocket did, for example).
I try to use my reviews here to help you analyze projects better —
so you can either profit from them,
or at least have some fun without losing money.🎯
Because if you’re having fun, even your time isn’t wasted.
But if you’re joining projects only for a few hundred dollars of airdrops,
you’ll probably end up losing both the fun and your time (or money).💸
⸻
Someone asked me privately about the $BOOM project.
It’s basically a cheap clone of Fomohash and Memhash —
both of which took money from users, killed their communities,
and delivered nothing real in the end. 🤦♂️
The idea behind these types of projects is simple:
you “buy” some virtual miners that supposedly increase your production speed of some random, overhyped token —
so you can stay ahead of others.
But in reality, the more you pay, the higher you rank.
And if you think logging in every 3 hours to claim “free tokens” will make you #1,
let me tell you — that’s never going to happen in these kinds of projects.
Just like TONTrust, you’re spending time and money on something that doesn’t actually exist —
and based on what we’ve seen over the past year, it probably never will.
After raising over 18,000 TON, they simply lied about a “system error” and shut down, without returning users’ funds.
Meanwhile, all the money was still sitting in their balance —
the only real thing that changed was people’s loss of interest after a few hours.
⸻
If you’re in it just for fun — fine, go ahead and test it out.
But if you’re expecting a few hundred dollars from airdrops,
you won’t get there.
You’ll just lose your time — and the fun along with it.
but the truth is, 99% of them are either scams or weak copies.
And that remaining 1% that aren’t scams?
They usually lack any real innovation or solid gamification (like what xRocket did, for example).
I try to use my reviews here to help you analyze projects better —
so you can either profit from them,
or at least have some fun without losing money.
Because if you’re having fun, even your time isn’t wasted.
But if you’re joining projects only for a few hundred dollars of airdrops,
you’ll probably end up losing both the fun and your time (or money).
⸻
Someone asked me privately about the $BOOM project.
It’s basically a cheap clone of Fomohash and Memhash —
both of which took money from users, killed their communities,
and delivered nothing real in the end. 🤦♂️
The idea behind these types of projects is simple:
you “buy” some virtual miners that supposedly increase your production speed of some random, overhyped token —
so you can stay ahead of others.
But in reality, the more you pay, the higher you rank.
And if you think logging in every 3 hours to claim “free tokens” will make you #1,
let me tell you — that’s never going to happen in these kinds of projects.
Just like TONTrust, you’re spending time and money on something that doesn’t actually exist —
and based on what we’ve seen over the past year, it probably never will.
After raising over 18,000 TON, they simply lied about a “system error” and shut down, without returning users’ funds.
Meanwhile, all the money was still sitting in their balance —
the only real thing that changed was people’s loss of interest after a few hours.
⸻
If you’re in it just for fun — fine, go ahead and test it out.
But if you’re expecting a few hundred dollars from airdrops,
you won’t get there.
You’ll just lose your time — and the fun along with it.
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🇦🇪 Highlights from Pavel Durov’s presentation
Pavel jokingly asked the audience:
“Do you know anyone who got scammed on Telegram through Mini Apps?”
A few people raised their hands😅
He then replied:
“Well, I don’t know anyone! As far as I know, all my friends got richer!”🤣
During this presentation, Pavel referred to Telegram as a “Social Media”, not just a messenger🙂
This clearly shows Telegram’s direction toward becoming a social network + digital economy platform.
The main part of his talk was about integrating decentralized AI inside Telegram.
At first, they wanted to call it Private Artificial Intelligence Network (PAIN)😆
Pavel even joked: “Welcome to the world of pain!”
But eventually, they decided to name it COCOON:
Confidential Compute Open Network
And it will be built on the Toncoin blockchain. 🚀
Overall, Pavel’s presentation felt noticeably more humorous than usual —
perhaps as a way to reduce the recent negativity surrounding Telegram and Toncoin🙂
COCOON is expected to be officially introduced in November.
Pavel jokingly asked the audience:
“Do you know anyone who got scammed on Telegram through Mini Apps?”
A few people raised their hands
He then replied:
“Well, I don’t know anyone! As far as I know, all my friends got richer!”
During this presentation, Pavel referred to Telegram as a “Social Media”, not just a messenger
This clearly shows Telegram’s direction toward becoming a social network + digital economy platform.
The main part of his talk was about integrating decentralized AI inside Telegram.
At first, they wanted to call it Private Artificial Intelligence Network (PAIN)
Pavel even joked: “Welcome to the world of pain!”
But eventually, they decided to name it COCOON:
Confidential Compute Open Network
And it will be built on the Toncoin blockchain. 🚀
Overall, Pavel’s presentation felt noticeably more humorous than usual —
perhaps as a way to reduce the recent negativity surrounding Telegram and Toncoin
COCOON is expected to be officially introduced in November.
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Among all the recent announcements, the introduction of Telegram’s leveling system was definitely a big surprise.
What’s even more interesting is that this system is completely relative — your level depends on how much Stars you’ve spent compared to others across Telegram.
When it first launched, my level was much higher, but it dropped shortly after😅
Some users, who have spent millions of dollars worth of Stars, are sitting at the top of the leaderboard.
In any case, having a higher account level is going to be very important.
It basically means:
✅ You’re a user with real purchasing potential
✅ You understand Telegram’s internal economic ecosystem
…which makes you much more valuable to projects.
It’s not unlikely that in the future, when new Telegram gifts are released, accounts with higher levels will gain early access.
(Currently, access is based on your Telegram signup date and whether you’re premium.)
What’s even more interesting is that this system is completely relative — your level depends on how much Stars you’ve spent compared to others across Telegram.
When it first launched, my level was much higher, but it dropped shortly after
Some users, who have spent millions of dollars worth of Stars, are sitting at the top of the leaderboard.
In any case, having a higher account level is going to be very important.
It basically means:
…which makes you much more valuable to projects.
It’s not unlikely that in the future, when new Telegram gifts are released, accounts with higher levels will gain early access.
(Currently, access is based on your Telegram signup date and whether you’re premium.)
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Bitcoin has been dropping for a while now (currently around $95K), and Toncoin (around $1.8) still feels expensive to me — considering the overall market conditions.
Of course, “being expensive” doesn’t always mean the price must go down. It simply means the current price doesn’t match the real state of the market.
Think of it like commercial real estate:
Prices stay high even when almost nobody is buying.
There’s no economic justification for most businesses, transactions slow down, but the price doesn’t really fall.
Crypto is going through something similar.
In my opinion, we still haven’t reached the true bottom.
Businesses are struggling, liquidity is drying up, and the market is still under a lot of pressure. Usually, when Bitcoin drops much lower and only the real “survivors” remain in the market, that’s when new trends, new opportunities, and new sustainable models start to appear.
Unlike closed markets, open markets like crypto eventually find a fair price — even if it takes time.
Unfortunately, the market has been hit hard by liquidity drains and hype cycles, especially from large memecoin projects (including the Trump family coins), which pulled close to a billion dollars out of the market.
If this continues, things can get even more difficult — because when overpriced assets finally lose their “overpricing,” the economic impact hits ordinary people the hardest. We’ve already seen what happens: lost savings, job losses, and shrinking opportunities.
If you’re struggling right now, looking for income, or unsure how to move forward, just know you’re not alone.
This cycle has happened many times before, and many people are dealing with the same challenges. The problem isn’t you — it’s the environment.
Of course, “being expensive” doesn’t always mean the price must go down. It simply means the current price doesn’t match the real state of the market.
Think of it like commercial real estate:
Prices stay high even when almost nobody is buying.
There’s no economic justification for most businesses, transactions slow down, but the price doesn’t really fall.
Crypto is going through something similar.
In my opinion, we still haven’t reached the true bottom.
Businesses are struggling, liquidity is drying up, and the market is still under a lot of pressure. Usually, when Bitcoin drops much lower and only the real “survivors” remain in the market, that’s when new trends, new opportunities, and new sustainable models start to appear.
Unlike closed markets, open markets like crypto eventually find a fair price — even if it takes time.
Unfortunately, the market has been hit hard by liquidity drains and hype cycles, especially from large memecoin projects (including the Trump family coins), which pulled close to a billion dollars out of the market.
If this continues, things can get even more difficult — because when overpriced assets finally lose their “overpricing,” the economic impact hits ordinary people the hardest. We’ve already seen what happens: lost savings, job losses, and shrinking opportunities.
If you’re struggling right now, looking for income, or unsure how to move forward, just know you’re not alone.
This cycle has happened many times before, and many people are dealing with the same challenges. The problem isn’t you — it’s the environment.
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Ehsan
Bitcoin has been dropping for a while now (currently around $95K), and Toncoin (around $1.8) still feels expensive to me — considering the overall market conditions. Of course, “being expensive” doesn’t always mean the price must go down. It simply means the…
Well… that happened faster than expected 😄
Looks like the market decided to begin *Crypto Black Friday* early.😆
Looks like the market decided to begin *Crypto Black Friday* early.
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These days, AI has become one of the dominant global trends.
Startups everywhere are pivoting into AI, and many have made serious money from this wave — in some cases even more than during recent crypto cycles.
But there’s a frustrating reality behind it:
Whenever a feature or product built by smaller teams gains traction, large platforms rapidly absorb the idea and integrate it directly into their core offerings. That creates a fundamentally unfair competitive environment between big tech and smaller AI startups.
We even saw this on Telegram: while platforms like Tonnel Marketplace were already offering a successful gift marketplace, Telegram eventually launched its own native gift market — competing directly with its ecosystem.
Unlike the explosive rise of marketplaces, ride-hailing apps, and crypto platforms in past years, we haven’t yet seen a major breakout wave of AI-native startups on a similar scale — at least not broadly.
Telegram itself is moving into AI with Cocoon, but the truth is that the entire AI market, like others, is heavily leveraged. That means there isn’t yet enough real liquidity to support sustainable growth.
Some of the major players are operating more cautiously than in previous eras — having learned lessons from earlier events like the dot-com bubble — but still, the question remains:
Can even Telegram truly leverage AI the way it intends to — at least for now?
Startups everywhere are pivoting into AI, and many have made serious money from this wave — in some cases even more than during recent crypto cycles.
But there’s a frustrating reality behind it:
Whenever a feature or product built by smaller teams gains traction, large platforms rapidly absorb the idea and integrate it directly into their core offerings. That creates a fundamentally unfair competitive environment between big tech and smaller AI startups.
We even saw this on Telegram: while platforms like Tonnel Marketplace were already offering a successful gift marketplace, Telegram eventually launched its own native gift market — competing directly with its ecosystem.
Unlike the explosive rise of marketplaces, ride-hailing apps, and crypto platforms in past years, we haven’t yet seen a major breakout wave of AI-native startups on a similar scale — at least not broadly.
Telegram itself is moving into AI with Cocoon, but the truth is that the entire AI market, like others, is heavily leveraged. That means there isn’t yet enough real liquidity to support sustainable growth.
Some of the major players are operating more cautiously than in previous eras — having learned lessons from earlier events like the dot-com bubble — but still, the question remains:
Can even Telegram truly leverage AI the way it intends to — at least for now?
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SettleTON
Farewell, SettleTON. It’s time to put a full stop. I don’t want to create illusions or mislead your expectations neither my own. We tried to find new directions and new sources of yield for you - but it didn’t work out. Active development stopped a long…
The SettleTON project — which, like us, was among the winners of last year’s Open League Hackathon— has officially announced that they’re shutting down completely.
They’ve stated that the project has not been profitable for a long time, and development had already been halted.
SettleTON even appeared for a while on TonKeeper — the most widely used TON wallet — and was performing very well, being featured in almost every TON-related promotion and campaign.
They are doing this so users can withdraw their locked liquidity —
but the truth is, around 98% of TON projects, including our own, are facing very similar challenges.
It’s sad to see this happening. Despite the enormous potential Telegram offers as a platform, liquidity in the ecosystem has dried up due to the constant issuance of new gifts and an oversaturated market.
On top of that, scammy and low-quality projects have repeatedly damaged user trust.
We are currently working on web-based versions of our products, and we hope that this direction will help us stay afloat during the upcoming winter.
They’ve stated that the project has not been profitable for a long time, and development had already been halted.
SettleTON even appeared for a while on TonKeeper — the most widely used TON wallet — and was performing very well, being featured in almost every TON-related promotion and campaign.
They are doing this so users can withdraw their locked liquidity —
but the truth is, around 98% of TON projects, including our own, are facing very similar challenges.
It’s sad to see this happening. Despite the enormous potential Telegram offers as a platform, liquidity in the ecosystem has dried up due to the constant issuance of new gifts and an oversaturated market.
On top of that, scammy and low-quality projects have repeatedly damaged user trust.
We are currently working on web-based versions of our products, and we hope that this direction will help us stay afloat during the upcoming winter.
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Payeer used to be one of the most widely used crypto-payment services.
Despite being founded and owned by Russians, the company registered entities in multiple jurisdictions in an attempt to remain operational — but eventually the tightening regulations caught up with them, and they shut down their business entirely.
The crypto environment is becoming increasingly regulated.
And honestly — many of the recent scammers probably already knew this was coming.
They rushed in, extracted liquidity, and vanished before the door fully closed.
The era of “easy, anonymous money-flow through shady platforms” is ending.
Services like PerfectMoney and Payeer were key pillars in enabling things like unregulated online gambling and high-risk financial activity — and now we’re watching them go offline one by one.
Yes, many of these platforms have their own internal payment systems — but today almost every financial crypto service is becoming AML-compliant, enforcing anti-money-laundering checks on wallets and certain transaction types.
⸻
Do NOT keep your funds sitting on any centralized platform!
Any service that operates without real KYC and regulatory supervision
will eventually face the same fate as Payeer —
and when they shut down, they are not going to let you withdraw your full balance.
Right now, Payeer is literally taking ~20% off withdrawals
I had $131 there, and I was allowed to withdraw only $105.
This is how “offboarding” works in these situations.
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The Major project is interesting because even after investors cashed out and the token price dropped from over $1.00 to under $0.10, they kept building and never stopped development.
They actually delivered on what they promised, even when it didn’t make financial sense — and I respect that.
It’s also clear that Major has a good connection with the Telegram team.
For example, after Telegram launched the account Leveling system, Major added the global Telegram account level ranking to their platform.
Here’s something surprising:
I haven’t been very active in the TON ecosystem after Telegram introduced gifts — I was mostly busy working on our own products —
but even with just a normal level 9 account, my rank is around #3000.
Does that mean there are only about 3,000 real economically active users on Telegram?
Let’s even assume it’s 10,000 —
that number is still very small.
You can look at this in two ways:
The positive view:
Big potential + small number of players = great opportunity.
The negative view:
If even this small group loses interest, the whole market collapses.
Personally, I’m somewhere in between.
But I still believe that in the future, the number of active economic users on Telegram will grow a lot —
and the ones who started early will benefit the most.
They actually delivered on what they promised, even when it didn’t make financial sense — and I respect that.
It’s also clear that Major has a good connection with the Telegram team.
For example, after Telegram launched the account Leveling system, Major added the global Telegram account level ranking to their platform.
Here’s something surprising:
I haven’t been very active in the TON ecosystem after Telegram introduced gifts — I was mostly busy working on our own products —
but even with just a normal level 9 account, my rank is around #3000.
Does that mean there are only about 3,000 real economically active users on Telegram?
Let’s even assume it’s 10,000 —
that number is still very small.
You can look at this in two ways:
The positive view:
Big potential + small number of players = great opportunity.
The negative view:
If even this small group loses interest, the whole market collapses.
Personally, I’m somewhere in between.
But I still believe that in the future, the number of active economic users on Telegram will grow a lot —
and the ones who started early will benefit the most.
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I’m excited to share that some of our projects — Chance🍀, SocialRise, and TimerSpot — will be showcased at Bridge Summit Abu Dhabi, one of the biggest global events for founders, creators, and innovators.
I’ll be sharing updates, behind-the-scenes moments, and highlights from the summit right here in this channel and on Instagram — so stay tuned.
If any of you are attending the summit, feel free to come by, say hi, and check out what we’re building
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Day 1 of Bridge Summit is officially done!
The event is huge, energetic, and extremely well organized. We met a lot of great people at our booth and had meaningful conversations throughout the day.
Overall, an amazing experience — and I’m really happy we’re here and part of this summit.
More updates tomorrow!🚀
The event is huge, energetic, and extremely well organized. We met a lot of great people at our booth and had meaningful conversations throughout the day.
Overall, an amazing experience — and I’m really happy we’re here and part of this summit.
More updates tomorrow!
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