We have identified the source of a large donation to the reward pool!
Kilo Fund is one of the main investors in TON, who has been supporting it from the very beginning and was also an miner. They have contributed 10,000 TON to our fund.
"As a miner, I am happy to donate funds to the community initiative. I urge all other miners to also participate". — the investor stated, Noah Kim.
Major players in the ecosystem are starting to gradually get involved, which shows support, commitment to the community and the future of blockchain.
Your TBF Club member @DeepTon
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First Stage Labs participated in an initiative from the community and contributed 50,000 TON to the TBF Reward Pool, supporting the blockchain and its users.
First Stage Labs — is a team that builds and scales innovative blockchain companies and aims to drive mass adoption of cryptocurrencies and advance blockchain technology globally.
In addition, they invest in early-stage projects and provide broad expertise in the most sought-after areas for active company growth and development.
First Strage Labs co-founded Getgems, TON Play, Tonstarter and STON.fi. They have also invested in Tonkeeper and Fanzee.
The project has written a lot of useful articles, reviews, research and reports on their blog, which we recommend you to read.
"We are particularly excited to support this initiative because it leverages the true function of blockchain - to respect the interests of all parties and maximise their win-win". - shared Kirill Malev, junior partner at First Stage Labs.
Project Resources:
Web | Twitter | Blog
Another major connection to TON Believers Fund, can't help but make the community happy!
Your TBF Club member @DeepTonEng
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In response to an open letter in which we requested TON Foundation support, in the form of:
— providing TON from TF budgets, in an amount that matches the yield on staking for 5 years;
— attracting early miners to contribute to the reward pool;
— advertising support to attract a large community and projects to help.
TON Foundation had our attention! They shared that supporting staking yield for 5 years may be too costly, and for the initiative to be successful, large holders also need to donate to incentivise community.
According to TON Foundation, TBF initiative should be put to a community-wide vote via the TON Vote service!
Depending on the community's decision, TON Foundation is ready to offer a donation of 1 million TON(!) from the TF reserve and a public announcement of our foundation on official TON channels, which will surely attract the attention of large holders and early miners.
Our fund has already been supported by several well-known projects, including major ecosystem investors First Stage Labs, DWF, Kilo Fund, ConnecTON VPN service and Ton.Vote creators Orbs, who have already contributed a total of 90,000 TON to the incentive reward pool.
We are very grateful to the projects and TON Foundation for their support, for their prompt response, for their faith in this initiative and the development of the TON ecosystem.
We are sure that the list of supported projects and participants will only grow!
→ Vote for the initiative
→ Details on how the smart contract works
We ask everyone to vote in favour of TON Believers Fund initiative, as openness and transparency are the foundation for the blockchain and its future!
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The community voting on TON.Vote has come to an end, more than 99% (2.28M TON) of the community voted in favour of the initiative!
We are grateful to every participant for showing their support and rallying around the TON Believers Fund.
Special thanks to TON Foundation for organising the voting and soon donating 1,000,000 TON to the fund. We would also like to thank the projects that have given us media support and contributions to the TON Believers' Fund.
As a reminder, TBF aims to attract contributions from big investors, miners and holders, thanks to which the blockchain will increase its transparency and tokenomics will become more predictable.
→ Instructions for contributing to the fund
→ GitHub repository
→ TBF like-minded club
Your TBF Club member @DeepTon
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💱TON will appear on BitCastle
We've slowed down with the news for a bit due to our involvement with TBF fund, but now we're back!
The centralized exchange team shared on Twitter (X) about an upcoming TON listing, which is to take place on August 31 at 09:00 UTC.
BitCastle is a centralized cryptocurrency exchange platform launched in August 2022. More than 250k people around the world already use the exchange to trade over 40 trading pairs in 100 countries.
TON will be available as part of the TON/USDT trading pair.
Slowly but surely, TON takes over various exchanges, which proves the blockchain and its wonderful products are getting more recognition.
Your peaceful @TonPost
We've slowed down with the news for a bit due to our involvement with TBF fund, but now we're back!
The centralized exchange team shared on Twitter (X) about an upcoming TON listing, which is to take place on August 31 at 09:00 UTC.
BitCastle is a centralized cryptocurrency exchange platform launched in August 2022. More than 250k people around the world already use the exchange to trade over 40 trading pairs in 100 countries.
TON will be available as part of the TON/USDT trading pair.
Slowly but surely, TON takes over various exchanges, which proves the blockchain and its wonderful products are getting more recognition.
Your peaceful @TonPost
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🏆 11th place on CMC and going strong
TON has risen to 11th place in the ranking by CoinMarketCap. This morning it even ranked first among the TOP 100 blockchains of the week.
Over the past month, the value of the token has increased by 48%. Its capitalization was $5,986,395,109, just 400k above Polkadot (12th place) and 800k below TRON (10th place).
Despite daily trading still below their peers and growth essentially coming from large players, this may indicate that they have some insider info.🤔
So far we know that the Telegram team is expected to release their own DEX this fall, as well as TON Space (a non-custodial wallet directly in the messenger app) from the Wallet devs, which will definitely open the doors to new users.🤔
Your blockchain annihilator @TonPost
TON has risen to 11th place in the ranking by CoinMarketCap. This morning it even ranked first among the TOP 100 blockchains of the week.
Over the past month, the value of the token has increased by 48%. Its capitalization was $5,986,395,109, just 400k above Polkadot (12th place) and 800k below TRON (10th place).
Despite daily trading still below their peers and growth essentially coming from large players, this may indicate that they have some insider info.🤔
So far we know that the Telegram team is expected to release their own DEX this fall, as well as TON Space (a non-custodial wallet directly in the messenger app) from the Wallet devs, which will definitely open the doors to new users.
Your blockchain annihilator @TonPost
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TON Foundation announced its official status as a Swiss non-profit organization.
Switzerland is known for its rich history of innovation in many industries, including a clear regulatory framework on blockchain and cryptocurrencies.
This clarity of the regulatory framework is extremely important for the long-term planning, strategy, and fulfillment of TON Foundation's mission to support its ecosystem.
"This marks the next chapter for the Toncoin community," said Steve Yun, president of TON Foundation. "At the service of our community, TON Foundation will pursue strong governance and transparency under the guidance of Swiss regulations.
As part of its ongoing commitment to openness and clarity, TF will host an annual event called "Gateway" to actively communicate and engage with the TON community.
TON Foundation's move to Switzerland, transparency, and active interaction with the community is truly a new chapter for the development of our ecosystem!
Check out the TF website: ton.foundation.
Your Swiss @TonPost
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Early holder of the wallet ending in …Y2N13 supported the TON Believers Fund by contributing 300,000 TON (≈$540,000).
Immediately after, another large holder …TKEVz deposited 2,000,000 TON (≈$3,620,000).
Next, the owner of the wallet …6Krq7 made a deposit amounting to 1,519,298 TON (≈$2,749,929).
Finally, the wallet ending in …zuadu transferred an additional 749,000 TON (≈$1,355,690).
It is worth noting that the wallets ending in …Y2N13, …6Krq7 and …zuadu have had only one incoming transaction within the last two years.
The balance of the fund, at the time of writing the post, is 4,897,924.56 TON (≈$8,896,891.09), and 1.5 months to go before the start of the lockup period.
We express our gratitude to our contributors and are excited to see our initiative attracting more and more large holders.
The announced million from the TON Foundation team is still yet to come, while we continue to attract whales to our foundation!
Your TBF Club Member @TonPost
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The cryptocurrency exchange Bitrue announced its integration with TON. Users can already make deposits and withdrawals in that currency.
Bitrue is a cryptocurrency exchange platform offering customers the opportunity to trade, invest, manage their cryptocurrency, and receive passive income.
The exchange offers staking using PowerPiggy with a maximum rate of 7% APR.
Here are the details:
- Rewards are distributed daily at 16:00 UTC
- Interest accrual starts the next day after the investment
- Funds are not blocked and can be withdrawn at any time
- In this case, no interest will be accrued
- The minimum investment amount is as low as 1 TON
Your #DYOR @TonPost
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TON Foundation, a platinum partner of the event, will take part in the annual TOKEN2049 conference in Singapore.
On September 13 and 14, in just a few days, a large-scale conference will bring together the best specialists from the crypto world and Web3 technologies.
If possible, we will try to broadcast the meeting live for you!
Your productive, @TonPost
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The Beta version of Telegram for Android 10.0.6 now offers quick and convenient access to @wallet!
By the end of the 3rd quarter, users will get open access to TON Space: a non-custodial wallet bot supporting tokens and NFTs.
Telegram devs are currently working on a channel "boost" scheme similar to Discord. Boosts would allow subscribers to support channels by voting and unlock special opportunities for administrators, such as publishing stories on their channel.
It is very likely that these boosts could be purchased for TON, which would be a good way of getting more users acquainted with the blockchain.
Support for Mini Apps: these are independent services running inside Telegram. They are similar to bots but have their own interface, accessible from the tabs in the main menu of the application.
*This information was inferred from the beta features of the application and may not be reflected in the final release.
Check out all the other innovations in Telegram's upcoming beta version.
Your beta tester @TonPost
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During today's conference, Steve Yun, the president of the TON Foundation, and John Hyman, the Telegram's Investment Director, will hold a joint presentation.
So far, we know that the speech will cover the integration of Web 3 and the TON blockchain into the Telegram messenger. Truly historic times.
The Open Builders team will conduct a live broadcast on September 13, 10:00 (UTC+3).
Make sure to set yourself a reminder so as not to miss it!
Your apprehensive @TonPost
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As previously reported, TON Foundation announced a partnership with Telegram messenger at the TOKEN2049 conference.
Here are the main takeaways from Steve Yun, President of the TON Foundation:
Here are the main takeaways from John Hyman, Chief Investment Officer of Telegram:
We feel that this public announcement of the partnership was an astounding success! We will continue supporting our growing audience and watch this formidable Web3 machine gain momentum.
Your Web3 Oracle @TonPost
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This slide shows the synergy to be gained from combining the capabilities of the TON blockchain and Telegram messenger.
TON Space, Digital Assets, TON Connect, DNS together with Telegram, Mini Apps, and Telegram Ads make an ideal space for building and developing a Web3 ecosystem.
The future started today @TonPost
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Transforming Telegram to Web3 with Toncoin.pdf
10.4 MB
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Since our last post, the fund has progressed quite a bit:
- Total balance: 246,443,756 TON (≈$458,385,387)
- Deposits: 185,536,196 TON
- Reward pool: 60,907,476 TON
- APY: 8.44%
- Time left before freezing: 1 month and 9 days
- Largest contribution: 40,000,000 TON
Meanwhile, TBF has become the fourth-largest fund in the TON ecosystem, and we can do even better than that.
Furthermore, the TBF balance currently constitutes 4.84% of the total TON supply.
1. Frozen: 1,081,389,417 TON
2. TF Reserve Wallet: 531,223,515 TON
3. Staking: 503,216,971 TON
4. TON Believers Fund: 246,443,756 TON
All funds of TBF will be fully released within 5 years, just by the time TON Foundation and Telegram are planning to attract 500 million users.
Your TBF Club Member @TonPost
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Pavel Durov posted his perspective on the TON blockchain and its potential.
In short:
- TON was conceived several years ago with the goal in mind to serve many social media users
- Since 2020, TON technology has been supported and improved by the open-source community
- Last year, Telegram users obtained the opportunity to buy and sell usernames and identifiers on Fragment, a TON-based auction platform
- The initiative was a major hit, bringing Telegram an additional $120 million in revenue and a significant increase in the value of its digital assets
- This success demonstrated Telegram's Web 3.0 potential, allowing users to own their identity on social networks
- Now Telegram plans to integrate blockchain technologies even deeper by including TON Wallet in the settings and attachments menu for all users, with the exception of the United States and some other countries
- This will open up the gateway for many new functions, creating a new dimension of Web 3.0 for millions of Telegram users
Your stunning @TonPost
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The Open Network, after going head to head with TRX, broke ahead and took the 10th place on CoinMarketCap's cryptocurrency rating.
Its capitalization reached $7.48 billion, surpassing TRX (at the time of writing) by $15 million.
That makes TON even more attractive for new crypto exchanges and new audiences joining our Web 3 ecosystem.
Your crypto-pie @TonPost
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TON already jumped to 9th place in the global ranking of cryptocurrencies by capitalization.
At the moment, its capitalization reached $8 billion, and is only ~$750 million away from the next line.
Yours truly, @TonPost
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