At the beginning of January in Lisbon, the capital of Portugal, a community of talented Web3 developers, programmers and crypto enthusiasts has emerged. The aim was to make TON Lisbon HUB a meeting place for experts and participants in the TON ecosystem.
The first offline meeting took place yesterday, January 24th. More than 40 participants gathered for the presentation of "The Open Network" project, exchanged opinions, actively discussed and asked the speakers numerous questions.
The following speakers have presented:
@DeepTonEng is awaiting further news
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
Scam alert: DNK project and MANUL token
The scam project known by some as "Composite Man" (a.k.a phantom family) is coming back. The channel admin has already launched a range of new channels and has announced a new token on TON. An investigation was conducted by the channels @jpegmillionaire, @logovoyarss and @deepton, establishing a close connection between the Composite Man and the DNK channel (TON DNA). In fact, both projects are financed by the same persons.
1. First, there was a Z-channel called "The Power of Truth", which was used to collect money to help the Russian military.
2. Then, the channel was sold and renamed as the "DNK" crypto project, focused on analytics and portfolio management. In December, it began pumping and dumping THOR and TGT coins.
3. Since its sale and until the end of December, the channel ramped up advertising to gather about a hundred thousand participants (but did not bother ramping up views).
4. In January, DNK got to TON and started pumping and dumping Scale, Bolt, and other tokens. Then, it announced its own token - "Manul". Apparently, with the purpose of scamming.
5. It turned out that the channel and advertising for it were bought with money obtained during the previous Composite Man scam.
Now the perpetrators from the DNK channel (TON DNA) are trying to earn the audience's trust by holding contests and distributing freebies, as well as by creating additional channels, such as Mr. TONks and Manul. But don't trust them, no matter how much hype they create. Both of their previous projects eventually collapsed, after which they disappeared with stolen money.
The news about this investigation has spread in 10 major telegram channels, with an audience of over 200k subscribers.
At the same time, it did not draw much attention in the TON community, even though Manul is preparing to launch in its ecosystem. The threat of the scam was not reported by any major TON channel, despite the fact that DNK has been pumping tokens on TON and attracting more people to its scam channels.
Stay vigilant!
The scam project known by some as "Composite Man" (a.k.a phantom family) is coming back. The channel admin has already launched a range of new channels and has announced a new token on TON. An investigation was conducted by the channels @jpegmillionaire, @logovoyarss and @deepton, establishing a close connection between the Composite Man and the DNK channel (TON DNA). In fact, both projects are financed by the same persons.
1. First, there was a Z-channel called "The Power of Truth", which was used to collect money to help the Russian military.
2. Then, the channel was sold and renamed as the "DNK" crypto project, focused on analytics and portfolio management. In December, it began pumping and dumping THOR and TGT coins.
3. Since its sale and until the end of December, the channel ramped up advertising to gather about a hundred thousand participants (but did not bother ramping up views).
4. In January, DNK got to TON and started pumping and dumping Scale, Bolt, and other tokens. Then, it announced its own token - "Manul". Apparently, with the purpose of scamming.
5. It turned out that the channel and advertising for it were bought with money obtained during the previous Composite Man scam.
Now the perpetrators from the DNK channel (TON DNA) are trying to earn the audience's trust by holding contests and distributing freebies, as well as by creating additional channels, such as Mr. TONks and Manul. But don't trust them, no matter how much hype they create. Both of their previous projects eventually collapsed, after which they disappeared with stolen money.
The news about this investigation has spread in 10 major telegram channels, with an audience of over 200k subscribers.
At the same time, it did not draw much attention in the TON community, even though Manul is preparing to launch in its ecosystem. The threat of the scam was not reported by any major TON channel, despite the fact that DNK has been pumping tokens on TON and attracting more people to its scam channels.
Stay vigilant!
Dear friends, whatever you say about Ton Community's proposal to freeze genesis wallets for four years, it is not a rare case in crypto. CEX, services, and even the blockchains are all doing it.
Here are some of the main reasons:
Note that most Layer 1 blockchains, such as XRP and Stellar, have the freeze functionality built into their token contracts. Networks allow developers to issue tokens with a global freeze function, using which the issuer can completely freeze the transfer of tokens.
Coming up @DeepTonEng we will talk about the benefits of freezing inactive wallets on the TON network. Let us know what you think.
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
Remember that Megaton Finance is a new DEX AMM from Ozys, a TON partner.
Here are some of the currency pools that will be available on the day of the launch:
1️⃣ WTON/oETH
2️⃣ WTON/oUSDT
3️⃣ WTON/oUSDC
4️⃣ WTON/oMATIC
5️⃣ WTON/oORC
6️⃣ WTON/oWBTC
7️⃣ WTON/oKLAY
8️⃣ oUSDC/oETH
9️⃣ oUSDC/oOrbs
🔟oUSDC/oUSDT
Yours truly, @DeepTonEng
Please open Telegram to view this post
VIEW IN TELEGRAM
GAGARIN Launchpad is now fully integrated with TON, thanks to the work carried out by blockchain lab RSquad. Now projects in this ecosystem will be able to conduct their IDO (Initial DEX Offering).
A significant milestone for GAGARIN will be the launch of its token on the TON network. It will be listed on STON.fi on January 31. After that date, holders of GGR will be offered a staking program.
Yours truly, @DeepTonEng
Please open Telegram to view this post
VIEW IN TELEGRAM
❗️Main network validators: please remember to update your node software to the latest version.
Telegram
TON Status
Scheduled network update on January 31
We are asking validators to schedule a time on January 31 at 12:00 UTC for validator software update.
The update will include the functionality needed for the last community proposal, as well as some bug fixes.
Please…
We are asking validators to schedule a time on January 31 at 12:00 UTC for validator software update.
The update will include the functionality needed for the last community proposal, as well as some bug fixes.
Please…
Jettons transactions are now displayed in history. It is also possible to see the top Jettons holders.
Here is an example.
Please open Telegram to view this post
VIEW IN TELEGRAM
Getting grants for TON used to be complicated. Not that they were impossible to get or wrongly assigned. The whole experience felt stingy and not adequate for the tasks at hand. As a result, teams had to spend significant time looking for additional funding instead of developing and preparing their product for launch. That’s inefficient and inevitably affected rollout time.
Last year, representatives of various TON projects discussed this problem at the Dubai conference. And they have made, in our opinion, a bold decision: to completely change our concept of grants. Now The Open Challenge is being directed by Alek Korba, a high-class expert in partnerships, alliances, and business development. Soon, it will be up to the TON community to come up with the criteria for evaluating the effectiveness of projects.
In any case, in order to ensure transparency, better classification and efficiency of assessing applications, the whole process will be migrated to Questbook, reported The TON Society channel.
We will have more details from the organizers later, but they are already hinting at the possibility of getting feedback on the submitted applications, something that was obviously lacking. Some projects could not get a clear answer on their application for months, and if they did, no the reason for the decision was given.
By the way, TON Society has announced a list of new grantees: TON Run, TON Link, TON&Co, TON Metaspace, and TON Tel Aviv Meetup (Mint Labs).
@DeepTonEng will gladly keep you posted on grant system updates.
Please open Telegram to view this post
VIEW IN TELEGRAM
Many components that will expand the use of blockchain technology in TON services and products will be introduced this year.
Check out the roadmap, ask any questions, and we will gladly provide answers.
Those are some great news, @DeepTonEng
Please open Telegram to view this post
VIEW IN TELEGRAM
❤🔥2
We remind you that from January 30 to March 31, a grand event will take place in The Open Network: Hack-a-TON x DoraHacks.
The season is open: a series of hackathons in different cities and countries will introduce the features and perspectives of the TON blockchain technology to participants. Amongst them will be developers and representatives of projects harnessing the possibilities of Web3 and decentralization.
The last two months were spent in meetings creating the future of our ecosystem, setting the ground for the centers of mass implementation and sources of future liquidity for financial services.
DeepTonEng is pleased to announce that a conference for hackathon organizers, TON Foundation members and key community developers was recently held in Bangkok, the capital of Thailand. Venture investors and local community leaders were also present.
The evening began with a neat overview of the TON ecosystem by Roman, the Developer Engagement Manager at TON Foundation and Stefano Virgilli, the Media and PR Business partner at DWF Labs. Just like last time, at the newly organized community in Lisbon, Portugal, there were lots of questions and genuine interest in the technical aspects of TON.
Now the participants of the Bangkok conference are waiting for the next hackathon, which is coming up soon, on February 11, 2023.
Yesterday, when Stefano Virgilli was talking to Justin Hyun about the hackathon and the platform's future, he mentioned that many people came to the meeting in Bangkok - more than two or three times than expected. Growth of interest brings about further growth.
Just getting started @DeepTonEng 😉
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
Today news broke about an attack on the Orion decentralized exchange protocol, causing losses of $3 million. The breach was made possible due to a vulnerability in the exchange's smart contract and insufficient security measures.
Security is a neverending concern. How is TON DEX faring in that regard?
There are currently 5 DEXs on TON: Ston.fi, TONSwap, DeDust, Tegro Finance and, recently, Megaton Finance (temporarily under maintenance). All exchanges are less than six months old, except for TONSwap. This "oldest exchange" was launched about a year ago.
An investigation into the security environment of DEXs has revealed a number of problems, many of which were difficult to justify.
First of all, we wanted to find out whether the exchanges had passed the appropriate audit certifying the security of its contracts. As it turns out, none of their websites have mentioned such information. An audit may be in progress, but to launch financial instruments without having confidence in their security is considered imprudent.
The second issue was whether the source code was public so that anyone could check its integrity. Unfortunately, no luck here either. Only STON.fi announced at the end of January that it was switching to open-source development.
We are not making any claims yet, as this article is just a preview of a work in progress. Soon, we will release a more detailed analysis of each DEX.
Yours truly, @DeepTonEng
Please open Telegram to view this post
VIEW IN TELEGRAM
News Index for February 2023
🔹The roadmap for 2023 is here
🔹TON in Bangkok
🔹DEX highlight: which exchange is safest?
🔹TON launched the Open Challenge Reward program
🔹When liquidity becomes a scam
🔹TON Contest has launched TON Thread Challenge
🔹VKontakte's NFT service now supports TON blockchain
🔹FNZ listed on MEXC Global
🔹What is a utility token
🔹TON Ecosystem News
🔹Why has Fanzee dropped in price
🔹Promising startups on TON
🔹Meanwhile, in Tel Aviv
🔹Clickbait opportunity - a great deal
🔹Venture capitalists are investing in cryptocurrency startups
🔹TON events
🔹Now the UAE, Poland and Israel became a little closer
🔹The crowdfunding platform Startup Market has been launched
🔹Genesis wallets: freeze or breeze?
🔹Truckful of humanitarian aid to the victims of the recent earthquake
🔹TON made it to the 29th spot in CoinTelegraph’s Top100
🔹Pavel Durov shared Telegram’s latest achievements
🔹The Rift Framework is here
🔹TON has been audited
🔹Where are TON validators located?
🔹Over 75% of validators have approved optimizing TON tokenomics
🔹Full TON ahead!
🔹Ceffy is integrating TON network
🔹TON Cats updated on Tonscan.org
🔹Sales of Telegram usernames
🔹Emoticons are officially considered investment advice
🔹First Stage Labs' report about the state of TON DeFi
🔹Decentralized governance on TON
🔹Blockchain life 2023
🔹The Developers' Report
🔹afePal staking available for TON and Flare Network
🔹VK NFT offers drops from partners
🔹Thank you to our dear readers
🔹The roadmap for 2023 is here
🔹TON in Bangkok
🔹DEX highlight: which exchange is safest?
🔹TON launched the Open Challenge Reward program
🔹When liquidity becomes a scam
🔹TON Contest has launched TON Thread Challenge
🔹VKontakte's NFT service now supports TON blockchain
🔹FNZ listed on MEXC Global
🔹What is a utility token
🔹TON Ecosystem News
🔹Why has Fanzee dropped in price
🔹Promising startups on TON
🔹Meanwhile, in Tel Aviv
🔹Clickbait opportunity - a great deal
🔹Venture capitalists are investing in cryptocurrency startups
🔹TON events
🔹Now the UAE, Poland and Israel became a little closer
🔹The crowdfunding platform Startup Market has been launched
🔹Genesis wallets: freeze or breeze?
🔹Truckful of humanitarian aid to the victims of the recent earthquake
🔹TON made it to the 29th spot in CoinTelegraph’s Top100
🔹Pavel Durov shared Telegram’s latest achievements
🔹The Rift Framework is here
🔹TON has been audited
🔹Where are TON validators located?
🔹Over 75% of validators have approved optimizing TON tokenomics
🔹Full TON ahead!
🔹Ceffy is integrating TON network
🔹TON Cats updated on Tonscan.org
🔹Sales of Telegram usernames
🔹Emoticons are officially considered investment advice
🔹First Stage Labs' report about the state of TON DeFi
🔹Decentralized governance on TON
🔹Blockchain life 2023
🔹The Developers' Report
🔹afePal staking available for TON and Flare Network
🔹VK NFT offers drops from partners
🔹Thank you to our dear readers
Telegram
Deep Ton
👛 The roadmap for 2023 is here
Many components that will expand the use of blockchain technology in TON services and products will be introduced this year.
➡️Already this month, on February 21, validators will vote on optimizing the network's tokenomics.…
Many components that will expand the use of blockchain technology in TON services and products will be introduced this year.
➡️Already this month, on February 21, validators will vote on optimizing the network's tokenomics.…
👍3
Ton Post pinned «News Index for February 2023 🔹The roadmap for 2023 is here 🔹TON in Bangkok 🔹DEX highlight: which exchange is safest? 🔹TON launched the Open Challenge Reward program 🔹When liquidity becomes a scam 🔹TON Contest has launched TON Thread Challenge 🔹VKontakte's…»
Since last year, DeepTonEng has been covering extensively the topic of support for new projects in the ecosystem, of which the most important is The Open Challenge or TOC for short.
This program is unique in that it is neither a grant, nor a charity drive, nor a sponsorship, but real assistance to DeFi projects aimed at increasing TVL in the network. Moreover, it is allocated after the fact, contingent upon achieving tangible results.
So as long as your startup helps increase the total value locked (TVL) - you have a chance to get support.
Recall that TVL is a major indicator of a project’s success. It represents the amount of funds locked (frozen) in smart contracts.
To calculate the ratio of TVL to DeFi market cap, consider the current supply, maximum supply and current price. To get the current market capitalization, multiply the current supply by the current price. To obtain the TVL ratio, divide the market capitalization by the TVL of the project. The TVL ratio indicates whether the DeFi asset is undervalued or overvalued.
🔹 A total of $20 million of unlocked liquidity is available for 2023.
🔹Projects will need to register with TON Foundation and integrate with DefiLlama.
🔹 Security and independent audit requirements need to be met.
🔹 Rewards are distributed quarterly, and the amount will depend on the pool of funds that the product attracts.
More details can be found here.
The Open Challenge will be crucial in the development of TON DeFi. Its organizers strive to accelerate the deployment of the decentralized network by encouraging teams to create DeFi solutions.
Yours truly, @DeepTonEng
Please open Telegram to view this post
VIEW IN TELEGRAM
Liquidity is one of the most significant success indicators of a DeFi project, whether it is a bridge, an exchange or a token. It's how startups are looking to show that their services, services, and products are in demand. Everyone finds a way, but not all of them are legitimate.
🔹Things to keep in mind when evaluating liquidity
🔹Common liquidity pumping schemes
There are many more schemes, of course. But awareness goes a long way.
Yours truly, @DeepTonEng
Please open Telegram to view this post
VIEW IN TELEGRAM
🏆 TON Contest has launched TON Thread Challenge 💫
The challenge has already begun and will last until February 22, 18:00 UTC. Developers, community managers, content creators and project founders can all participate by creating unique and accessible content on The Open Network.
The total prize is $10,000.
To participate, register via @toncontests_bot.
Application requirements:
✅ The project must be in English
✅ It should focus on a unique aspect of the blockchain or the network’s ecosystem, for example, the development of TON, the FunC language, TVM, fostering mass implementation, community involvement, NFT, decentralization, etc.
Details can be found on their webpage.
Feel free to share humor, memes and good vibes.
Make it viral!
Yours truly, @DeepTonEng
The challenge has already begun and will last until February 22, 18:00 UTC. Developers, community managers, content creators and project founders can all participate by creating unique and accessible content on The Open Network.
The total prize is $10,000.
To participate, register via @toncontests_bot.
Application requirements:
Details can be found on their webpage.
Feel free to share humor, memes and good vibes.
Make it viral!
Yours truly, @DeepTonEng
Please open Telegram to view this post
VIEW IN TELEGRAM
TON Society
TON Thread Challenge
Contest for developers, community managers, content creators and founders — those who work, and build on TON with $10,000 total prize.