🩵TON Foundation commits $24 million for DeFi Development

The TON Foundation has added another $24 million in TON for their DeFi incentive program. This brings the total value of the program to date to over $75 million.

The TON Foundation initially launched this program in April to foster user engagement with decentralized finance (DeFi) applications on the TON platform.

At the launch, the program offered 11 million Toncoin as incentives, which is now worth nearly $53 million.

The additional 5 million TON allocated today is to reward liquidity providers in pools on STONfi and DeDust - two of the largest automated market maker (AMM) DeFi protocols operating on the TON blockchain.

Your DeFi @TonPost

🪙HOT Wallet x The Open Network

The devs from HOT Wallet, a non-custodial multi-chain wallet on Telegram, have announced an upcoming partnership with TON blockchain.

Recently, their app has undergone several notable improvements:
- Upgraded core wallet functionalities
- Swaps through the STON.fi platform
- Integration with TON Connect, for access to all dApps in the TON ecosystem
- Support for TON NFTs in partnership with GetGems
- Educational initiatives on the blockchain

The company's upcoming plans include:
- Support for staking TON through Tonstakers
- Exchange of Stars for TON and vice versa
- Cross-chain bridge to TON from other networks
- Development and integration of TON dApps on HOT Wallet

HOT Wallet plans to seamlessly integrate its 21 million wallet users into the TON blockchain, as well as to attract more Telegram users into HOT Wallet.

Your partner @TonPost

🚕In Singapore, you can pay for taxis with TON

TADA, a popular taxi booking service operating in Southeast Asian countries, is expanding its capabilities.

The company has introduced a new Telegram mini-app allowing users to book rides directly in the messenger and pay with Toncoin through Tonkeeper. This way, people can make fast and secure transactions, leveraging the benefits of the TON blockchain.

As a result, passengers can enjoy a more convenient and efficient payment method, while TADA gains an innovative edge in the competitive transport services market.

Your efficient @TonPost

⭐️TON is now trading on Revolut

Revolut, a leading international fintech platform, has expanded its cryptocurrency portfolio to add TON. This feature will reach over 45 million users of the app, providing them with new opportunities for investment and trading.

As of right now, users in the United Kingdom and European Union countries can start trading TON.

However, this is just the beginning: in the near future, the platform will bring this feature to users in Australia, New Zealand, Brazil, and Singapore. We also expect it to become available to business accounts in the UK and EEA countries.

To start trading TON, go to the "Crypto" section on the Revolut platform.

This recent rise in accessibility and liquidity will undoubtedly attract new investors and users to the ecosystem, on top of expanding TON's visibility.

Your convenient @TonPost

💵1 billion USDT has been issued on the TON network!

Tether has authorized an additional $300 million USDT on TON. Now its total issuance exceeds 1 billion, making TON the 4th largest blockchain by USDT circulation.

However, there is still a long way to go. For comparison, the Ethereum blockchain boasts 53 billion USDT, while Tron has reached 61 billion USDT.

With the rapid development of DeFi on TON, along with other favorable conditions, we are sure that TON will indeed outpace others in the future!

→ USDT issuance by blockchains

Your emissive @TonPost

🪙New TON Mintless Jetton Technology

TON developers introduced an innovative token standard extension called Mintless Jettons. This extension makes decentralized airdrops possible without the need for traditional issuance processes.

Mintless Jettons are a new type of token on the TON blockchain that allow for mass decentralized airdrops to millions of users without significant costs or blockchain load.

What problems does the new standard address?
- Traditional issuance processes are labor-intensive and costly when distributing to a large number of users
- By using Merkle trees, Mintless Jettons store only one hash representing all distributed amounts, reducing storage requirements
- Users can immediately use their tokens: send, trade, etc., without preliminary steps like withdrawals or applications. It just works!

How about on-chain protocols?
Mintless Jettons are still supported in on-chain protocols. Since Mintless Jettons are an extension of standard Jettons, no additional steps are required. You can interact with them the same way as you would with USDT, NOT, Scale, or STON.

For developers, Mintless Jettons open up new opportunities for large-scale and cost-effective token distributions. This makes it easy to integrate new loyalty and reward programs into their applications.

For users, this means more convenient interaction with tokens, skipping unnecessary delays and extra steps, though we must be aware of potential spam and flood distributions, for which a separate containment mechanism should be developed.

→ Description
→ Standard
→ Smart Contract

Your mintless @TonPost

🪙Bitget and Foresight invest $30 million in TON

The cryptocurrency exchange Bitget and Foresight Ventures have announced a $30 million strategic investment into The Open Network (TON).

The goal of this investment is to support projects on the popular messaging app Telegram, particularly games with a "tap-to-earn" revenue model. Games like Hamster Kombat and Notcoin have attracted millions of users in recent months with their token-earning opportunities.

The investment will be made through buying of TON tokens, according to the companies' statement. This would deepen Bitget and Foresight's involvement in the governance and development of the TON blockchain.

TON-based projects demonstrate significant potential for mass adoption through the Telegram ecosystem, which has expanded its offerings for Web3 startups in recent years.

"The growth of the TON ecosystem represents the most significant opportunity for growth in the cryptocurrency market this year," said Forrest Li, Chairman of The Block and Co-founder and CEO of Foresight Ventures.

Previously, TON has benefitted from the following investments:
- $10 million from DFW Labs
- $10 million from Cypher Capital
- Animoca Brands
- Hashkey Group
- $300 million from Pantera Capital, and others

These moves by major funds and market players show that the potential of TON in synergy with Telegram is being increasingly recognized, marking a truly historic time.

Your strategic @TonPost

📊Over 10 million active TON wallets

Anatoly Makosov shared in his blog that the number of monthly active wallets in the TON network has reached a whopping milestone of 10 million🤘

This confirms the growing popularity and trust of users in the TON blockchain.

→ Visit tonstat.com

Your growing @TonPost

🏰TON x MomoAI: a new chapter in Web3 gaming!

The developers of the Solana blockchain-based gaming project have announced that they will be integrating with TON. MomoAI is a kiwi farming game that operates on the Metaoasis platform, featuring high-quality graphics and cinematic effects generated in real-time on the blockchain.

In just two months, MomoAI has reached 1 million organic users, with over 700K monthly active users and 160K daily active users. The devs are gradually transitioning core in-game assets, transactions, and premium features to the TON network.

Their roadmap focuses on integrating TON wallet, in-game rewards, and migrating tokens/NFTs to the TON network. They also plan to launch joint campaigns and offer TON-based NFT items as bonuses.

Such developments are fostering and strengthening the competitiveness of TON and its position in the world of decentralized technologies. TON has established itself as a powerful and reliable platform for implementing complex decentralized applications.

All this confirms that TON is not just another blockchain, but a truly impressive technology setting the standards for the future of the Web3 industry.

Your revolutionary @TonPost

🤨Historical moment for the TON blockchain

Hamster Kombat tokens have been continuously mined for over 30 minutes, and their distribution is expected to attract over 100 million users.

This put TON network under a record load, the highest in the history of the crypto industry.

Despite the massive volume of transactions, metrics from Tonstatus show high availability of services, and the delays in indexing and balance verification remain within normal limits.

What are your predictions? Will TON withstand such a massive load or not?

Your record-setting @TonPost

📈Chainlink now features TON blockchain

The Chainlink developers have added the TON blockchain to its Data Streams section. This opens new opportunities for users and developers who use high-frequency market data in their TON decentralized applications (dApps).

Thanks to Chainlink Data Streams, users can quickly deliver market data off-chain, and it is still verifiable on the blockchain. This reliability and transparency is achieved through decentralized infrastructure.

Compared to traditional oracles that update data at fixed intervals, Chainlink Data Streams uses a request-based model. This minimizes trust concerns because data is verified directly on the blockchain.
It also allows TON protocols to use high-frequency market data for superior efficiency and accuracy.

This is yet another boost for developers and users of the TON blockchain. Check out the live chart and wait for the price mark to reach $20.

Your oracle @TonPost

🙏TON takes the lead in Layer 1 solutions

Recently, TON has become the largest player in the Layer 1 market. According to newly published data, TON accounted for over 50% of all Layer 1 transactions in the past month.

Such fast growth was driven by the launch of several major tokens:
- DOGS, with 28 million monthly active users, launched on August 26
- CatizenAI and Rocky Rabbit, each with 18 million monthly active users, launched on September 20
- Watbird, with 12 million monthly active users, appeared on September 23
- The biggest event was the launch of Hamster Kombat, which attracted 110 million users by September 26

Additionally, we can see from the chart how market shares of other Layer 1 solutions, such as Ethereum, Avalanche, and Fantom, have fluctuated throughout the year.

However, since early October, TON confidently maintains its leading position in this technological race, demonstrating consistent market growth. This is especially impressive considering that TON is the youngest project among all the veteran L1s - and it's not done yet.

Source
Your devoted @TonPost

💖TON is in the TOP-5

TON ranked 5th among the most popular cryptocurrencies in Europe, Asia, and Africa in the third quarter of 2024.

Based on the data for the third quarter of 2024, TON holds 7.68% market share in Europe, 11.58% in Asia, and 14.78% in Africa, showcasing its significant growth and outreach.

This success has been achieved thanks to several key factors:
- Integration with Telegram, with an audience of over 950 million users. This greatly enhanced the visibility and accessibility of the TON blockchain.

- Ease of use with fast and inexpensive transactions, making it ideal for users in regions with limited access to traditional banking services.

- Engaging "tap-to-earn" games on the blockchain, such as Hamster Kombat and CatizenAI, have attracted hundreds of millions of new users. These games allow players to earn tokens for simple actions, making it easier to get started with the blockchain: this is the way for mass adoption.

- Adoption by businesses and sellers, especially in developing crypto economies in Africa and parts of Asia, contributes to its popularity.

And let's not forget our active and vibrant community supported by TON Society, who played a crucial role in creating the ecosystem.

Your top update @TonPost!

🎁Telegram Gifts will soon become NFTs on TON

Pavel Durov announced an upcoming gift feature for users to congratulate loved ones on important occasions.

Recipients will be able to display gifts on their profiles or sell them for Stars.

Some gifts will be limited edition, and can be converted into TON-based NFTs for trading outside of Telegram, with ownership rights recorded on the blockchain.

We can soon expect the introduction of NFT gifts and stickers, as announced at the TOKEN2049 conference - so exciting!

→ More details on the update

Standing by @TonPost

💸Gate.io invests $10M in Telegram projects

Gate.io announced a strategic investment of $10 million in the TON blockchain. In collaboration with the TON Foundation, it seeks to accelerate the development of projects based on the Telegram messenger.

Gate.io is one of the leading cryptocurrency exchanges providing a platform for trading various digital assets.

This investment will deepen Gate.io's involvement in the TON blockchain and contribute to its ongoing development. It plans to launch new products, such as an official Telegram mini-app based on CeFi, and integrate Gate Wallet into Telegram to support and grow the TON ecosystem.

Gate Group is also actively participating in the Hackers League Hackathon, one of the largest hacking events of the year.

TON-based projects are becoming an important tool for mass adoption of the Telegram ecosystem, as it keeps expanding its capabilities for Web3 startups.

"The TON ecosystem holds strong potential due to its large Telegram user base and fast, low-cost blockchain technology," said Dr. Lin Han, founder and CEO of Gate.io

This makes TON an ideal platform for attracting Web3 applications and developers, with promising opportunities for large-scale user growth and network effects.

Let's take a look at the last few investments:
- $10M from DWF Labs
- $10M from Cypher Capital
- Animoca Brands
- Hashkey Group
- $300M from Pantera Capital
- $30M from Bitget and Foresight Ventures and others.

Your foresighted @TonPost

🎊TON has 100 million holders of various assets!

TON achieved an incredible milestone - 100 million holders in the ecosystem. Holders are defined as unique addresses with a non-zero balance. This is a significant achievement, especially considering that at the beginning of the year it only had 4.3 million holders.

The network's growth has accelerated in recent months thanks to the launch of major gaming tokens on Telegram, such as Hamster Kombat, Dogs, Catizen, and other projects.

TON is actively integrating millions of Telegram users into the world of cryptocurrency, achieving the mass adoption everyone talks about, regardless of their perception of the cryptocurrency or the network. This process continues to scale with the onboarding of new participants.

Over the past year, TON has demonstrated impressive metrics:
- Number of accounts: increased from 3.5M to 105M (+2900%) (including wallets, NFTs, staking protocols, and other smart contracts)
- Daily transactions: grew from 159K (+3044%) to 5M
- TON earned from fees per day: increased from 828 to 17K (+1952%) (paid daily for transactions and data storage, with 50% of these fees burned)

This impressive growth proves how the TON ecosystem is actively developing and expanding its popularity among users and developers.

Your impressed @TonPost

👀Grayscale sets sight on TON

Grayscale has shared a list of assets that it considers including in its future investment products. It also updated its list of assets currently included in the Grayscale product family.

Grayscale Investments was founded in 2013 and specializes in digital asset management services.

Its future investment product list includes assets that are not currently part of Grayscale products but are being considered for potential inclusion. Among them is the prominent Toncoin.

Investors are increasingly paying attention to the TON blockchain. Everyone is beginning to understand the potential it holds. History is not standing still and is evolving by leaps and bounds. Embrace the future!

Your future @TonPost

💖TON prepares for cross-chain integration with Axelar

TON will add support for the Mobius Development Stack (MDS) from Axelar, which is going to significantly enhance cross-chain connectivity.

As a result, the TON ecosystem will become compatible with 68 different blockchains, including those that run on EVM, Cosmos, and Polkadot. Any dApp on TON could seamlessly connect to networks through MDS, eliminating the current liquidity fragmentation associated with cross-chain bridges.

“Axelar MDS is the perfect choice for interactions at the TON level. It is an open and developer-oriented stack providing secure one-click integration for inter-network applications,” said Anton Tsivarev, Director of Ecosystem Development at TON Foundation.

Collaboration with Axelar MDS is a big step up for our ecosystem, as it opens up new opportunities for developers and users, enhancing Web3 scalability and interaction.
Expect many new possibilities, users, and exciting events!

Among Axelar's partners are Uniswap, Microsoft, and many multi-chain startups, reaching an audience ten times larger than the Web3 space.

The platform supports multi-chain smart contracts, making it open, scalable, and secure. Axelar is funded by Binance, Coinbase, Dragonfly, Galaxy, and Polychain, among others.

Your multi-chain @TonPost

🇫🇷Pavel Durov at the Paris bootcamp

Earlier on Twitter, a bootcamp participant expressed his wish to see Pavel Durov at the Paris bootcamp. He got the following reply: "Should I come to support my brothers and sisters in TON?"

And guess what? He actually showed up! (Proof 1 and proof 2). Pavel tested a couple of applications, talked with speakers and participants, and might even still be there at the event.

What a lucky moment for everyone! Such fun events can attract more developers who consider joining and building on the TON blockchain.

Your vigilant @TonPost

🪙V3V Ventures buys $5 million in Telegram usernames to create crypto channels

V3V Ventures has invested $5 million in purchasing popular Telegram usernames, such as @buzz, @trade, @startups, @ether, and others. These blue-chip usernames are great tools for attracting a large audience, as they are easy to remember and promote.

V3V Ventures is a Tier 4 investment fund with $20 million in capital. It supports early-stage startups creating software and digital technology. The fund contributes to developing the Web3.0 ecosystem, providing capital and strategic support to accelerate investees' growth.

Mr. Buzz, an anonymous representative of V3V, stated that the aim is to create crypto news and analytics channels focused on community engagement. His personal Telegram channel, with over 5.5 million subscribers, focuses on investment and lifestyle insights.

The fund plans to expand its channels and experiment with new content formats to compete with traditional media.

Telegram is now a key platform for crypto enthusiasts: 21.5% of crypto users obtain information primarily from here. It is actively growing thanks to the integration of TON blockchain, viral mechanics, Telegram Mini Apps, and other tools. V3V also owns Metaverse.sg, a popular Web3 community in Asia with a portfolio exceeding $650 million.

Telegram, along with the TON blockchain, makes the transition for users from Web2 to the Web3 world simpler and more convenient than ever before.

The integration of stablecoins, in-app transactions, and the ability for direct audience interaction through crypto channels creates unique conditions for engaging new users and strengthening the platform's position as a central hub for crypto enthusiasts.

Sorry Discord and Twitter, your era has ended 😭

Your Telegrammable @TonPost