Introducing Bounty Bay
Bounty Bay is a Web3 social shopping platform on TON, aiming to transform the Web3 shopping experience for Telegram’s 900M users. During its beta launch, Bounty Bay has reached over 2.6M app views and 700K users.
Core features include in-app social referral mechanics rewarding active users, as well as the ability to form groups to unlock special deals.
Earn from great deals and exclusive offerings!
TON Ecosystem Roundup
As TON continues to evolve and expand, this week brings several updates from three ecosystem projects: JarvisBot, AIPets, and GasPump.
Let's take a closer look at their latest updates.
Explore The Open League and earn Notcoin
The Open League is a competition between projects that rewards you for playing and rewards projects for getting you to play. $40M+ in Toncoin already distributed, and much more to come.
Join the latest Notcoin Earn quest to discover everything about The Open League and earn your share of $40K in Notcoin.
Go to @notcoin_bot to start!
BREAKING: $500M Total Value Locked (TVL)
The GDP of a small country is in use across TON's apps. This incredible achievement is yours, TON Community!
From $22.9M TVL in March 2024 to more than half a billion today – over 2,000% increase. It’s still only the beginning. Slowly, then suddenly.
Pay for your travel with USDt on TON
Travala, a leading crypto-native travel booking service with over 2.2M properties and more than 400K activities worldwide, has integrated with TON.
You can now book millions of hotels, flights, and fun activities all around the world and pay with Toncoin and USDt on TON!
Learn more here.
TON Community has hit a major milestone — over 3 million subscribers on Telegram and more than 1 million followers on X!
A huge thank you to each and every one of you for believing in TON and our vision to empower 500 million users to own their digital identity, data, and assets by 2028.
Access to USDt on TON will be easier than texting; over 100 integrations are coming
More than 100 integrations with various local partners are planned for USDt-TON. Coming soon, we will find this asset is accessible to everyone, everywhere.
TON Foundation and Tether's Business Development teams are dedicated to this massive initiative. They've already integrated with local payment providers in Africa, Southeast Asia, Europe, the Middle East, and Latin America, with dozens more planned across the globe!
Learn more here.
DeDust introduces new staking program with over $9M staked
In May, DeDust launched a new staking program where rewards come from swap fees, which are converted into SCALE and distributed as staking rewards.
This model grants SCALE a new utility. Since May 2, 2024, more than $9 million worth of SCALE has been staked on DeDust, generating high APRs, and over $288,000 worth of SCALE has been distributed among stakers. Details.
Storm Trade expands crypto futures trading with multi-coin collateral
Storm Trade has introduced multi-coin collateral for their TON-margined futures product. You can now trade futures contracts using TON or USDt as collateral in TON, BTC, ETH, DOGE, and even NOT trading pairs.
Leveraging your existing crypto holdings, you can unlock new trading opportunities. Storm Trade boasts over 10 trading pairs with TON collateral, all accessible directly via the @stormtradebot. Details.
To learn more about Storm Trade, check out this blog post.
Disclaimer: Futures trading carries a high level of risk and may not be suitable for all investors. Consider your financial situation and risk tolerance before trading. The information provided is for educational purposes only and should not be considered financial advice.
Open League Summer
Open League Summer bootcamps have been successfully held in Prague, Hong Kong, Berlin, Taipei, and Belgrade, filled with insightful sessions, prizes, and more.
Upcoming bootcamps will be held in Seoul, Warsaw, Tbilisi, Kyiv, and Gurugram over the next few days. Register now to secure your spot!
Can't join in person? Tune in to the livestreams on the TON Society channel.
PITCH. BUILD. GROW. WIN.
Hamster Kombat coming to TON
Hamster Kombat, a Tap-2-Earn management simulation game, is planning to launch its hamster ecosystem, including onchain assets, on TON.
Leveraging Telegram's viral social mechanisms combined with special reward cards and other features, the game has reached over 60M users with 24M daily active users. Also, Hamster Kombat’s HamsterKombat_Official/featured">YouTube channel became the fastest to reach 10M subscribers — in just 7 days. Plus, they have the largest Telegram channel with more than 21M subscribers.
To celebrate joining the TON Ecosystem, Hamster Kombat introduced a special "launch on TON" card, offering users additional rewards.
Stay tuned for our upcoming Space session with them on X this Monday at 16:00 CET.
Tonkeeper launches gasless USDt payments on TON
Tonkeeper has launched gasless non-custodial USDt-TON payments with the W5 wallet. You can now transact using USDt without needing to hold Toncoin for network fees, simplifying the process and reducing barriers for new users.
For gasless operations with other tokens and NFTs, blockchain fees can be covered using Tonkeeper’s existing Battery feature.
Download Tonkeeper to make your first gasless transaction! For more details, check out this post.
TON Deep Dives
Want to know why industry leaders are excited about TON? Here are some of their recent findings:
▪️ Amber Labs highlighted that transactions on TON increased over 10x since March 2024, and the number of onchain activated wallets grew 3.6x this year.
▪️ Pantera Capital made their largest investment ever due to TON's potential to introduce crypto to 900M Telegram users.
▪️ Animoca Brands recognized TON’s scalability, handling high transaction volumes at unprecedented speeds with low costs and robust security.
State of TON DeFi Q1 2024
Total Value Locked (TVL) has seen significant growth — an impressive 7x increase! This growth is primarily driven by The Open League, which has been boosting user engagement with massive rewards for both users and projects. Additionally, the memecoin hype has sparked increased activity on TON DEXs.
Liquid staking propels TON into the top 20 chains by TVL, remaining the dominant sector. For a detailed analysis, dive into the full report.
Yescoin's explosive growth
Yescoin, a TON-based viral swipe game on Telegram, has reached 18M+ users from nearly every country on earth, with 6M+ connecting their wallets in just over a month.
Leveraging Telegram's viral social mechanisms and unique swipe gameplay, Yescoin aims to bring the next billion users to Web3. For more insights, check out our recent interview with them.
3 days left to apply for The Open League Hackathon
Last minute lovers, this one goes out to you:
💎 $2,000,000 prize pool, access to The Open League fast track, funding by TON Ventures, and more.
Submission deadline: June 15, 2024.
🧠Cheat code: existing projects are welcomed, no ban on the premade code.
All the hackers get the priority access to the exclusive builders growth program.
Submit your project now and grow the next 1B user Telegram Mini App 🦄
The Open League Season 4 kicks off tomorrow
Starting tomorrow at 11:00 AM UTC, we're launching boosted pools on STON.fi and DeDust with over $1.8M in rewards for the next two weeks. More than $730K of these rewards come from projects. A huge shoutout to these teams for their incredible support to TON Community.
This season features four leaderboards, including two new battles: DeFi and NFT, along with the Token and App categories.
Introducing this season’s boosted liquidity pools: WEB3, FNZ, BOLT, KINGY, STON, JVT, HYDRA, WALL, COFE, JETTON, DFC, DUREV, and LLAMA.
Keep onchain activity high and provide liquidity via the @Open_League_Bot to earn rewards!
Maincard launches on TON
Maincard, a Web3 sports fantasy management card game, is now live on TON.
To reward active players, Maincard has announced a program with a prize pool of up to 50,000 Toncoin – don’t miss today’s AMA session to learn more.
Maincard will also soon list its token, $MCN, to enhance the gaming experience.
Join now to claim two free game cards and start playing!
Latest updates from MyTonWallet
MyTonWallet is constantly evolving, offering an improved user experience and innovative features, including gasless payments, NFT functionality and enhancements, zero TON balance transactions, in-app browser, and many more.
Additionally, MyTonWallet introduced a utility token, freely distributed to more than 250K users, boosting daily users to over 300K and earning the #1 spot in CertiK's crypto-wallet ratings.
Explore all the latest features!
Get ready for The Open League Season 4
Applications are now open for @league’s Season 4, featuring battles in Token, App, NFT, and DeFi categories. Key updates:
▪️ The Major and Minor Leagues will be merged. As usual, winners of the previous season will get an LP boost.
▪️ Applications for the fresh DeFi and NFT battles are open, but their start dates are to be determined. Contestants in the DeFi battle will be competing to achieve the highest TVL at risk.
▪️ To be eligible to compete in the App battle, teams with Telegram Mini Apps need to integrate a new SDK.
▪️ The top 10 projects on the leaderboard by the end of Season 4 will get an LP boost in Season 5.
Applications close on June 11, 2024, at 11:00 AM UTC. Projects that miss the deadline can join Season 5.
Apply here!
Explaining FIT21 and what it means for the future of decentralization
TON Foundation believes that the newly passed Financial Innovation and Technology for the 21st Century Act (FIT21) is a positive step for Web3 and the blockchain industry.
FIT21 establishes clear standards for what makes a blockchain decentralized, outlining a five-prong test that assesses governance, token distribution, code stability, promotion, and token creation.
To dive deeper, check out this blog post.
Cashback in Toncoin (TON)
You can now earn cashback in TON with Tribute. Make purchases in any currency via Wallet, and receive cashback in TON.
How?
▪️ Buy a digital product or make a donation via Wallet in Tribute.
▪️ Tribute credits 3% of the purchase amount and converts it to TON.
▪️ Cashback is sent to your Wallet within 2 weeks.
▪️ Minimum payout is 0.000001 TON.
For more details, check out this post.
Catizen reaches 1,5M+ daily active users
Catizen is a popular TON-based Telegram Mini App that has recently experienced massive growth:
▪️ Onchain users: 695K
▪️ Total in-game Catizens: 10M
▪️ Onchain transactions: 4,2M
Catizen uses advanced AI to create lifelike virtual cats that learn and develop unique traits based on their interactions with users, blending entertainment within a Play-2-Earn token mining experience. Check out this blog post to learn more.
Changelly lists Notcoin and offers 0% service fee
Changelly, a global crypto exchange serving over 7 million users, has listed NOT. To celebrate, they are offering a 0% service fee for Notcoin enthusiasts for a limited time.
Swap any crypto for NOT and vice versa without service fees until June 6, 2024. Get started now!
Please note that the 0% service fee does not cover the network fee.
Notcoin Phase 3: Learn, Quest, Earn
Of course, TON Community had to be among the first to support Notcoin Earn! In a new beginner's series of quests, we’ll explore everything you can do on TON. All while earning Notcoin!
There’s $200,000 in Notcoin up for grabs. Go to t.me/notcoin_bot to start.
The Open League S3 ended today at 11:00 AM UTC. Season 4 is coming soon.
Since the start of @League roughly $40M has been distributed to you, TON Community. Results since March:
▪️ Daily Active Wallets: 568K (+1,403%)
▪️ Monthly Active Wallets: 3.5M (+775%, +105% just the last 2 weeks)
▪️ DeFi Total Value Locked: $320M (+1,298%)
Detailed results, S3 winners, leaderboards, and insights.
We’ll be back on June 12th 11:00 AM UTC with Season 4. Bigger and better. Slowly, then suddenly.
Transition from jUSDT to native USDt support on TON
USDt’s launch on TON has been a massive success so far, with 316M USDt already in circulation! Here are some important updates regarding jUSDT and USDt-TON:
▪️ Minting of new jUSDT will stop on June 10, 2024 - this is a scheduled event, and all your assets will remain safe.
▪️ Percentage fees from all outgoing jUSDT transactions on TON Bridge have been removed.
▪️ Outgoing transactions will still be supported as long as there are jUSDT holders.
▪️ Soon, TON Foundation will add more liquidity to jUSDT/USDt pools on DEXes.
Read more here.
The era of USDt native cross-chain bridges is coming. Migrate to USDt native to benefit from upcoming integrations and enhanced functionality.