Recently, a closed 3-day TON FAM conference was held in Dubai by Ton Foundation, bringing together founders of large NFT collections, investors, core developers and key figures of TF and TC.
Luckily for DeepTon, the project's founder was also present.
It's simple: HR TF took the opportunity to skillfully negotiate with the VIPs from Binance, inviting them to get acquainted with the TON ecosystem from the inside.
Not so long ago, the editors of TON Community mentioned that a former Binance top manager joined our project and would definitely play an major role in pushing the TON project forward.
At first, we thought there was only one person from Binance on the TF team. As it turned out from the conference and in-person meetings, there are more than five of them. They all held high positions in the corporation, and many personally communicated with CZ, but moved to TON because they saw incredible prospects in our blockchain. This was an excellent opportunity to participate in the project's rapid deployment before it takes off as a rocket.
The answer is simple: there is no hurry. Binance is a megacorporation that does not necessarily play win—win, and tends to set conditions to favor only itself. Being a monopolist, Binance can impose rules that will prove to be costly to the blockchain in the long run.
The best way out of this situation is to play by the same strategy as Solana. It became popular so quickly that the exchange simply had no choice but to list it. Otherwise, it risked losing users who would just go elsewhere to obtain SOL. And what is the most important thing for an exchange? That's right — the customers' wallets.
So, guys, take it easy. As they say: everything will happen at the right time. We are creating a whole new world here, not a one-day coin.
Your long-term @DeepTonEng
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The Korean company Ozys and TON are now partners.
On November 22, Ozys' Chief Operating Officer Ra Kyung-soo and TON Foundation representative Justin Hyun stated in an exclusive interview with the Korean media Blooming Beat: "We are popularizing Web3 by combining the technologies of the two projects into an inter-network ecosystem."
In fact, the TON network is a tier 1 virtual machine, not related to the Ethereum EVM, which uses the blockchain source code developed by Telegram and its own FunC language. Despite the advantages of its technology, TON network suffers from the fragmentation of its ecosystem in the absence of EVM.
In turn, Ozys is building an inter-network ecosystem, enabling compatibility between different blockchains. The company is developing a solution for connecting the crosschain Orbit Bridge and the TON blockchain in order to "create a conduit for Telegram users to Web3 and expand the possibilities of using Toncoins".
According to Ra Kyung-soo, "if we apply Ozys' internetwork technology to TON, we will create a synergetic combination between EVM and non-EVM networks, expand the accessibility of the TON ecosystem, and ultimately attract users and developers". Likewise, Justin Hyun noted that creating a simple entry point into the ecosystem will allow TON to "focus on scalability, offering services to all users, both EVM or non-EVM".
Ozis and TON are also accelerating the development of the AMM-DEX "Megaton Finance" with plans to launch the DEX during this year. This will make it possible to move and use assets within the Orbit Bridge multi-network ecosystem.
"Web3 is already a megatrend..." "We need to revive the spirit of blockchain." Do you agree?
Counting on you, @DeepTonEng 😀
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Every project has its significant milestones, and TON is no exception. Today, The Open Network has partnered with Orbit Chain, the developer of Orbit Bridge, a reliable crosschain bridge between blockchains.
Not so long ago, we published news about the upcoming cooperation with Ozys, a leading South Korean blockchain developer. Orbit Chain is their flagship product: a blockchain that brings together various decentralized ecosystems and standards. Among the supported blockchains are Bitcoin, Ethereum, Ripple, Tron, Klaytn, BNB, Avalanche, Polygon, Gnosis Chain, Klaytn, Moonriver, Celo, Fantom and others.
Ozys have stated that they carefully studied TON, and their decision was based on the following key points:
Orbit Bridge already supports TON Wallet and Tonhub. In the future, together with Tonkeeper, the bridge developers will also integrate Tonic and OpenMask.
Ozys plans to launch DEX AMM — Megaton Finance in January. The exchange will play a key role in strengthening the TON ecosystem by integrating the TON network, Telegram and Orbit Bridge.
Deep TON believes this partnership will help TON accelerate inter-network communications, a main component of Web3.0.
Yours truly, @DeepTonEng
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Orbit Bridge has been launched, and now TON will offer wrapped tokens from other blockchains, such as ETH, WBTC, Klaytn, Polygon, etc., as well as stablecoins such as USDT, USDC and DAI.
The possibility of trading stablecoins was simultaneously announced by two decentralized exchanges on TON: STON.fi and TonSwap.
STON.fi is an AMM DEX, offering pairs such as: oUSDT<>oUSDC,oUSDT<>WTON, oUSDC<>WTON, oUSDT<>AMBR, oUSDC<>AMBR, oUSDT<>FNZ, oUSDC<>FNZ, oUSDT<>oETH, oUSDC<> oETH, WTON<>oETH, oETH<>AMBR and oETH<>FNZ.
On STON.fi you can also exchange tokens or list your own, provide liquidity and earn part of the commissions. It works with Tonkeeper, TonHub and the TON web wallet.
TonSwap is a DEX from the Mint.xyz team with open source code. Thanks to the Orbit Bridge, the exchange trades oETH and oUSDC, but soon promises to add BTC and other tokens.
The exchange works on all browsers and platforms, and is also available through the @tonswapofficialbot. TonSwap has a large set of jettons, for example, Fanzee, Hedge, Bolt, Tonex and others. You can trade by connecting TonKeeper, TonHub or the Ton browser Wallet in Google Chrome.
If any of you has already conducted an exchange on these DEX, feel free to share your experience.
Yours truly, @DeepTonEng
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Based to our survey, many of you showed tremendous interest following our announcements about TON FAM, and would like to know more. Today you will get a unique first-hand insight into the Toncoin Fund grant system.
Remember that the Toncoin Fund has 250 million Toncoins available. Justin Hyun and other meeting participants shared further plans on how the funds will be distributed.
The core idea
For example, if you came up with a product that proved to be popular, useful for the ecosystem and needed by the users, you will receive a reward. The reward will not be handed out at once, but by reaching KPIs, so it's more like a gradual series of incentives.
In 2022, only about $100,000 was disbursed, which is not sufficient to fulfill the established goals. Therefore, next year we may see significant grants handed out for finished products.
In any case, it's a great incentive, so give it your best shot
Yours truly, @DeepTonEng
By the way, if you want to receive more updates about the events of TON FAM, make sure to like, comment and share
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Telegram has released an update allowing users to register via the TON blockchain without needing a SIM card. All that is needed is to purchase an anonymous number through the Fragment platform.
Such anonymity will cost you just 9 Тoncoins ($16). Ton can be bought for rubles with no commission through the @CryptoBot market or on the Exchange for USDT (TRC20, BEP20).
Note that these are not virtual SIM cards, so they cannot be used to make calls or register with third-party services. Instead, you become the owner of an NFT, which can be sold, donated or exchanged.
There, you will have two options:
That's it!
Yours truly, @DeepTonEng
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Transparency is an essential property of the blockchain. It applies only to the network and the ecosystem, but also to its community. It is transparency that creates trust in the project, its founders, and the future development of the blockchain. The plans and actions of its leaders must be transparent to create a healthy and thriving community. On the other hand, a lack of information can cause misunderstanding, rumors and even hate.
Blockchain creates new relationships based on freedom of choice, while old management methods. Vertical structures can be maintained, but only with the understanding and consent of the participants. In short, transparency is the openness of information, accountability and responsibility of those who use the project's resources, and equal conditions for everyone involved.
On December 8, a conference was held in Dubai for those interested in crypto and TON. Denis Matveev, a member of the Tonkeeper core team, who can rightfully be called a TON influencer, was invited to speak. The audience was comprised of Russian speakers familiar with TON, and many others who were new to crypto.
Everyone listened with great interest about the "basic features of TON, types of wallets and the difference between Web2 and Web3". The core message of the story is that to create a decentralized product, "there is no need to "force" blockchain technology upon a project. If it can be done without, then don't bother putting it in just for the sake of it."
A lot has been discussed around GameFi and Denis' position that "one of the best entry points for consumers would be through gaming". At the same time, game developers expressed their concerns about the role of censorship in a decentralized world.
I also learned about the possibility of creating payment channels outside the blockchain, allowing for a huge number of transactions with no commissions.
According to Denis, he was "pleasantly surprised by the quality of the questions... and how eager everyone was to discuss and find answers."
There you have a great example of openness and transparency of communication.
Yours truly, @DeepTonEng
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The launch of Megaton Finance has been announced for early 2023. Actually, this AMM-based DEX project started before September 2022, according to the date of registration of the company's official Twitter account.
This strong competitor is about to join the ranks of other DEXs in the TON ecosystem, such as STON.fi, DeDust.io, TONSwap, and those who announced their imminent entry - the decentralized exchanges from Telegram, Tegro, and QubeSwap.
Megaton Finance is based on the DeFi protocol of Ozys, the largest blockchain developer in South Korea. In fact, this DEX is about to become their second flagship product on TON, following the deployment of the Orbit crosschain Bridge.
This exchange is strategically aimed at Telegram users. One of its objectives is to cultivate their interest in existing blockchains.
Cheers to Megaton!
Yours truly, @DeepTonEng
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Its daily trading volume is up $35 million or +18.9%.
Experts confirm the bullish trend of the coin since June, when the market suffered a catastrophic collapse. The bullish sentiment can also be seen through technical analysis: 97.4 for TON, while BTC has a mere 76.08 and ETH - 82.4. Yet the volatility of the coin remains high.
In addition, TON is very close to reaching 24th place. To achieve this, it needs to trade at $2.17.
What do you think are the reasons for its sudden growth?
Your thoughtful @DeepTonEng
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Today let's talk about Orbit Bridge, the flagship product of Ozys, a South Korean blockchain developer and TON's partner. The launch of the Orbit crosschain Bridge, followed by DEX AMM Megaton Finance at the beginning of next year will bring about the integration between TON, the Bridge, and the Exchange, thereby laying a foundation for the deployment of Web3. And that is a strategic goal of TON.
It is a cross-chain bridge. Orbit Chain was developed in 2019 on the IBC internetwork protocol and combines assets from over fifteen networks, including Bitcoin, Ethereum, Binance Smart Chain, Huobi ECO Chain, Polygon, Ripple, and many others.
The purpose of the crosschain bridge is to create an exchange between technically different networks. For example, TON is a non-EVM blockchain and is therefore not able to interact with the EVM Union of blockchains, which are based on Ethereum. It needs a tool for interoperability, and Orbit Bridge solves this problem.
TON has advanced technology and huge potential. Combined with Telegram's extensive user base it is very attractive to investors, developers and everyone who will participate in the second wave of development of the TON ecosystem with DeFi chips, DAO, DEX, markets, etc.
According to Orbit Bridge, collaboration with TON "marks the beginning of an innovative partnership to maximize accessibility in the DeFi ecosystem."
Deep Ton would like to add that this joint effort will push forward not only the project's development, but also for the deployment of Web3.
Yours truly, @DeepTonEng
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It's the first time that such a centralized platform integrates decentralized technology like wallets and NFTs. This initiative brings the social network closer to mastering Web3 potential.
VK users will be able to "connect a wallet, put up an NFT avatar and even showcase tokens in their profile." Eventually, they could trade NFTs or promote their token collections in the marketplace.
The intention of its developers is to make it an entry point into Web3's decentralized world. They also promise to integrate NFT technology into other platforms and products. To ensure a smooth transition, a training course has been prepared with insightful lessons and tests for both beginners and advanced crypto fans.
Marina Krasnova, the CEO of VKontakte, has said: "This is not only a new stage in the development of VKontakte, but also a global change in the landscape of Web3 technologies. Our goal is to simplify user interaction with NFTs and make the technology truly adopted by the masses."
By the way, TON wallet will also be among those integrated by VK, which can be seen as a recognition of our project. And yes, don't forget that VK's first NFT collection airdrop is coming in January 2023!
P.S. Thanks to the @OpenDucks project for providing pictures from the event.
@DeepTonEng can't wait to get more news!
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TON has grown significantly over the past few days as the number of wallet holders in The Open Network ecosystem continues to rise. This opinion is expressed by the crypto media, noting the bullish outbreak of the coin. In 24 hours, the coin's value reached $2.3 (+10.9%), while the weekly growth was over +30.6%.
The resistance zone, located near the $2.35 level, is associated with strong volatility. The next zones are located around the $2.5 and $2.65 levels.
Yours truly, @DeepTonEng
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Today we'll tell you about a useful product for mass adoption, developed by Anatoly Yumashev. It's a plugin or "bridge" between TON services and WordPress & WooCommerce-based web stores.
TON Gateway, as the developer calls it, allows for payments using TON coins. He mentioned that he's been long interested in integrating crypto transactions into websites. Paying with Ton is convenient, and the process is similar to Google Pay & Apple Pay. Pavel Durov's initiative to launch Telegram products via blockchain has made this even easier.
At first, it seemed like a tremendous task - creating nodes in the blockchain, writing monitoring mechanisms, etc. However, it turned out that all these merchant services are already present in TON. He just had to write a plugin. The result was a typical payment gateway for WooCommerce.
The backend process includes:
The gateway works with the website's original currency. It automatically converts the order amount into the selected cryptocurrency, then issues an invoice for payment at the specified exchange rate.
The process for clients is the following:
This method has the advantage of functioning all over the world and for any amount.
More details here.
The product still needs some fine-tuning, so if you're ever interested in helping with testing, you can contact the developer.
Your helpful @DeepTonEng
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Recently, TON Society spoke about an important issue actively discussed by the participants of the TON FAM in Dubai. For three days, between November 17 - 19, representatives of the TON community and project partners shared their achievements and plans, highlighted results and came together for stronger cooperation.
The conference was attended by teams from Alphanonce.com, Tonkeeper, VistaLabs, Ton Whales.com, OrbitChain.io, TON Play Insider, GetGem and many others.
One of the main topics was the project’s Roadmap for 2023, presented by Andrey Rogozov. Its key component is The Open Challenge (TOC) program, aimed at supporting the most promising projects on the blockchain.
TOC establishes the main directions and participating teams. Those main directions include:
Because Telegram is creating its own DEX wallet, additional levels will likely be added. Therefore, a TOC with updated directions is to be compiled and submitted to the community for comments early next year.
Overall, the beginning of 2023 brings a lot of exciting and significant advancements for the deployment of the blockchain ecosystem. The number of reward coins to be handed out will likely be significantly increased.
Plan ahead, start developing, and go in the right direction!
The program will be launched on January 1, 2023.
More details here.
Yours truly, @DeepTonEng
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Today the Bitget team reported that it started supporting deposit and withdrawal of TON coins. Also, beginning in December 21, the pair TON/USDT will start trading.
Bitget is in the top 15 cryptocurrency exchanges as per CMC, and in the top five by volume of derivatives according to CoinGecko. The exchange caters to more than 8 million customers from over 100 countries. Its average daily trading volume exceeds 10 billion.
Details coming soon!
Yours truly, @DeepTonEng
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Megaton Finance — is a new DEX AMM from TON's partner Ozys. It's scheduled to launch at the beginning of this new year. The platform aims to stimulate trade liquidity of major assets such as ETH, WBTC, USDT, USDC, KLAY and MATIC.
Event #1: Subscribe to Megaton Finance on Twitter, Telegram and Discord.
Event #2. Send TON to your crypto wallet. Find more
details
Event dates: from December 11, 2022, 3:00PM to January 4, 2023, 2:59PM (UTC)
Winners announcement: January 6, 2023 (UTC), and prizes distributed shortly thereafter.
Rewards: Total 15,000 MEGA (5 MEGA coins for each of the 3,000 winners).
See all the news on the official channel of Megaton Finance.
Good luck!
Yours truly, @DeepTonEng
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To do this, once you've created a receipt, turn on the option for "New users only".
The
Interesting, why is that?😀
Yours truly, @DeepTonEng
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Atomic Wallet has announced an upcoming partnership with TON in early 2023. Their service is designed for buying, staking and exchanging more than 300 cryptocurrencies, including BTC, ETH, XRP, LTC, and XLM.
Over 4 million already use this wallet. Would TON folks follow suit?
Yours truly, @DeepTonEng
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