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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The Prague University of Economics and Business recently invited representatives of TONANA and BlockCzech. During the visit, Vladislav Bliznyuk and Yevgeny Yenisei talked to students and professors about the potential of TON and its impact on inter-network communication.
As the invitees later noted, this was a “fantastic opportunity” to talk to “a new generation of blockchain experts and share knowledge with the academic community.”
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By the way, this is a good example of how ambassadors can attract attention to their project.
Yours Truly, @DeepTonEng
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❗️💎 Important announcement from The Open Network
TON is requesting all inactive miners and genesis wallet owners who have never used their coins to transfer out their funds to any address on the TON network before 00:00 UTC on January 1, 2023.
This will enable TON Community to get accurate data about the circulating supply of coins and the number of sleeping wallets whose owners could completely lose access to their assets.
The problem is that today data aggregators show different statistics, not taking into account the uniqueness of TON history.
According to TON data, there are 204 inactive mining accounts containing at least 1 Ton. Their total balance is 1.08 billion Ton. The full public list of addresses is provided by the independent data aggregator TonTech.
TON is counting on the community to bring clarity and transparency to the tokenomics of the network. "The community has a right to know the real numbers," not rumors and guesses. This would also improve data accuracy for service providers such as CoinMarketCap.
Yours truly, @DeepTonEng
TON is requesting all inactive miners and genesis wallet owners who have never used their coins to transfer out their funds to any address on the TON network before 00:00 UTC on January 1, 2023.
This will enable TON Community to get accurate data about the circulating supply of coins and the number of sleeping wallets whose owners could completely lose access to their assets.
The problem is that today data aggregators show different statistics, not taking into account the uniqueness of TON history.
According to TON data, there are 204 inactive mining accounts containing at least 1 Ton. Their total balance is 1.08 billion Ton. The full public list of addresses is provided by the independent data aggregator TonTech.
TON is counting on the community to bring clarity and transparency to the tokenomics of the network. "The community has a right to know the real numbers," not rumors and guesses. This would also improve data accuracy for service providers such as CoinMarketCap.
Yours truly, @DeepTonEng
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This sums up TON’s situation on the market over the past few days. The coin peaked at $2.81 on December 14, the highest since March. Despite the recent correction of -17%, Ton is forming a bullish trend. In 24 hours, the coin increased by 2.51% to $2.45.
However, another important indicator is the trading volume. A higher volume reflects that more buyers are interested in the crypto coin. So, during this week, the volume increased to almost $100 million, which has never happened before. In fairness, today, this indicator returned to 64.3 million.
The influx of new users to TON primarily comes from the launch of the Fragment platform. On the first day, more than 200,000 new wallets were created on the auction platform, and the price of Ton increased by 50% during the week.
Currently, TON ranks 22nd by capitalization, and the community blog on CMC has reached 90,300 subscribers.
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❌✈️ Unfortunate case of “Too good to be true”
It has come to light that scammers from Russia have found two new ways to steal Telegram accounts. This time, it’s more technical.
1️⃣ The user receives a "system notification" stating that someone has logged into their account. To prevent unauthorized access, they are offered to disable the unauthorized user on the Telegram website. The link points to an exact replica of the official Telegram website, but it's fake. As soon as the user clicks on the link, he completely loses access to the account.
2️⃣ The user receives a message they received access to Telegram Premium. When trying to log in and activate the "gift", their Telegram account gets stolen.
Don’t take the easy route.
Yours truly, @DeepTonEng
It has come to light that scammers from Russia have found two new ways to steal Telegram accounts. This time, it’s more technical.
1️⃣ The user receives a "system notification" stating that someone has logged into their account. To prevent unauthorized access, they are offered to disable the unauthorized user on the Telegram website. The link points to an exact replica of the official Telegram website, but it's fake. As soon as the user clicks on the link, he completely loses access to the account.
2️⃣ The user receives a message they received access to Telegram Premium. When trying to log in and activate the "gift", their Telegram account gets stolen.
Don’t take the easy route.
Yours truly, @DeepTonEng
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