The TON Foundation has shared its plans for the ecosystem for 2023.
The TON Foundation published an article discussing TON’s history and the main stages of how the ecosystem was formed, and it also went over development plans for 2023.
TON ecosystem’s priorities:
▪️ Improve the ecosystem and get the most out of its potential.
▪️ Acquire new users (by new and unusual means).
▪️ Develop general network standards and team guidelines.
▪️ More support for developers.
▪️ Develop the remaining Web3 components: Payment Network, TON Proxy, TON Storage, and crosschain bridges.
You can read the original article here:
https://telegra.ph/TON--next-steps-11-16
DWF Labs will invest $10 million in the TON ecosystem.
DWF Labs, a market maker in the blockchain industry and a Web3 investor, became a partner of the TON project.
The company has pledged an investment of $10 million to spur development in the growing TON ecosystem and will assist in creating tokens, market-making, and listing Toncoin on exchanges.
DWF Labs intends to play a key role in increasing the number of users in the TON ecosystem and Toncoin’s daily trading volume.
What’s more, the company will launch an over-the-counter market that will also bring more recognition to Toncoin.
The budding partnership with DWF Labs is but another piece of the grand puzzle in creating the TON decentralized internet and finding avenues through which people can get their hands on Toncoin.
SafePal’s hardware wallet will have added support for Toncoin by the end of 2022.
The popular SafePal S1 hardware wallet will be the first cold-storage device to support the TON network and provide offline Toncoin storage.
SafePal is also currently actively developing open-source code as part of a TON Foundation grant program.
SafePal was introduced at the Binance Launchpad in February 2021 and became the first hardware wallet supported by the Binance cryptocurrency exchange.
Today, the SafePal ecosystem consists of three main services: the software wallet SafePal App, extensions for popular browsers, and a cold-storage device SafePal S1.
The wallet supports 15 languages and over 54 popular blockchains and is trusted by over 6 million users from 196 countries.
The largest cryptocurrency projects in the world, such as Binance Labs, 1inch, PancakeSwap, Uniswap, Nervos, and others are partners of the service.
TON and SafePal S1 will have been integrated by the end of 2022.
Tonhub extensions
TON-based developers received a huge boost thanks to Tonhub allowing all projects in the TON ecosystem to integrate with its wallet.
To create an extension, you need to use a dedicated library prepared by the Ton Whales team for the most seamless integration of products.
Users will be able to use TON-based products directly within the wallet by clicking on a link and confirming the download.
Tonhub plans on integrating the majority of popular products from the TON ecosystem.
For instance, NFT marketplace Getgems has recently completed the development for its web extension, allowing users to buy, sell, and transfer NFTs on the platform from within Tonhub.
Tal Kol’s presentation at TOKEN2049.
Tal Kol, founder of Orbs Network and TON Society contributor, spoke about “The paradox of growing Web2 to Web3 scale” during his keynote presentation at TOKEN2049, held in London on Nov. 8–10.
We are excited to share with you the keynote where TON Ambassador Tal Kol covered TON, Web3, and Orbs:
https://www.youtube.com/watch?v=rqoqt1b4h2k
CertiK’s audit of The Open Network
In the spring of this year, the TON Foundation embarked on an ambitious endeavor with CertiK, a highly sought-after auditing platform in the crypto industry that conducts vulnerability searches and smart contract code analyses.
A few days ago, the audit’s initial report of TON’s core (catchain), system smart contracts, and smart contracts of vesting wallets was released.
The audit confirmed TON’s bulletproof nature but uncovered some non-critical flaws, which were promptly addressed and fixed.
Part of CertiK’s audit was to learn and research a brand-new blockchain and unique programming language in FunC. Now, any project based on TON can get an audit from the platform.
Moreover, CoinMarketCap added the “Audits” tab to Toncoin’s page, where users can go to CertiK’s audit and read the report’s findings.
We’ll sign off today by reminding everyone about the Bug Bounty program, which offers up to $100,000 for found vulnerabilities on the TON blockchain.
Selling usernames on Fragment
Telegram has outdone itself once again. Now, it allows all its users to put up their usernames for sale on the auction platform Fragment, meaning Pavel Durov has delivered on his promise, which you can read here.
To get started, you need to convert regular “non-collectibles” into “TON collectibles” and open your auction.
For more details, you can follow Frament’s official guide:
https://fragment.com/about
The CAT project has also put together a guide to ensure your experience goes smoothly — you can find it below:
https://blog.ton.cat/fragment
The TON blockchain will be on full display at TOKEN2049.
TON is about to get some serious exposure — this time, the TON blockchain will be exhibited at this year’s most exclusive crypto event, TOKEN2049, which will be in London, England from Nov. 8 to 10.
The large-scale event centers around bringing together the industry’s brightest minds, including entrepreneurs, blockchain founders, investors, developers, and mainstream social media representatives.
Tal Kol, founder of Orbs Network, a ton.org contributor, and a member of TON Society, will speak about “The paradox of growing Web2 to Web3 scale” during his keynote presentation at Token2049 and introduce the audience to the TON blockchain, its progressive Web3 technologies, and its bold plans to create the internet of the future.
Many household names in the crypto industry have graced the conference in the past, including:
▪️ Vitalik Buterin (co-founder of Ethereum)
▪️ Bill Barhydt (founder and CEO of Abra)
▪️ Charles Hoskinson (founder of Cardano)
▪️ Charlie Lee (creator of Litecoin)
And many more.
The conference organizers are expecting over 2,500 people and 100 journalists to be in attendance, meaning more people are going to behold the true power of the TON blockchain in real-time and spread the good word even further.
✔️ Tonscan receives another update
⚫️ You could have noticed that tonscan.org has a special place in our channel. And it is not accidental: the blockchain explorer has an easy-to-use interface, without excess information, and works quite fast. With a recent update, tonscan.org has become even more convenient: now, users can see whether the TON address has any jettons or not.
⚫️ In addition, the explorer recently started displaying wallet names while searching. It means you do not need to know the address of the NFT collection or some wallet to find it. Just enter its name in the search box on the site. We are glad to see that one of the most user-friendly explorers on The Open Network keeps updating quite often.
⚫️ If you want to make your user experience even better, we recommend downloading our Chrome extension. Enjoy using your local address book as well as expanding the TON database on GitHub. Tonscanplus is available there.
🆕 We continue to expand our presence around the world. Brazilian Real, Azerbaijani Manat, Indonesian Rupiah and new payment methods for these currencies are already available in the Market.
This will allow people from Brazil, Azerbaijan and Indonesia to buy and sell USDT, BTC, ETH, TON, BNB using our peer-to-peer Market.
We have also added new payment methods for existing currencies such as OlduBil for TRY, Bank CenterCredit for KZT and A-Bank for UAH.
To create a new offer with these payment methods and new currencies, go to Market and tap ’Create Offer‘.
Accelerator project from the TonWhales
We’re always down for making shout-outs to grant initiatives and teams working in our ecosystem, so today, we want to introduce you to TonWhales’ accelerator program.
TonWhales is prepared to offer financial and advisory support to projects (either already operational or finding themselves in the early stages) that stand out as the best blockchain specialists and experienced product creators on TON.
Projects wanting to apply to the program must understand who the product is for and why it needs to be developed:
1. What problem does your project solve, and how?
2. How much funding is needed to bring the project to fruition?
3. Why have you chosen this much funding instead of another number?
If you can answer these questions easily, TonWhales will be happy to review your project and help with its development.
If you want to apply, you must go to the TonWhales Club website and fill out a simple form, after which a representative will get a hold of you.
Please note that applications are only available to members of the TonWhales Club.
After a community vote among validators, the “t.me” domain was added to the root TON DNS smart contract.
This news means that “t.me” owners now have the following opportunities:
▪️ You can assign the username.t.me format to your TON crypto wallet, allowing users to send Toncoin to your Telegram username.
▪️ Product creators can assign smart contracts to Telegram usernames. They can also assign usernames to decentralized TON sites.
Moreover, you can store your username in your crypto wallet, sell it, and even put it up for auction, but your ownership rights to your “t.me” will always be recorded on the blockchain.
In other words, “t.me” owners have received access to all the possibilities offered by TON DNS technologies.
Last week, the TON Foundation proposed to add “t.me” domains to the root TON DNS smart contract.
After a round of voting among community validators from Oct. 31 to Nov. 1, the TON Foundation’s initiative was approved.
All amendments have already been implemented.
Margin trading on Huobi Global
We’re pleased to announce the launch of the TON/USDT trading pair for margin trading on the Huobi Global crypto exchange.
Now, Toncoin leverage trading is available up to 3x on the exchange.
Please note: Trading with financial leverage carries additional risks, and we recommend beginner traders and investors avoid such instruments.
Up to 65% APY on Toncoin staking on the OKX crypto exchange
We’re pleased to announce two new financial products on the OKX crypto exchange. Users of the platform can now stake their Toncoin for 65% or 15% APY.
Fixed staking for 65% APY
Duration: 15 days
Maximum deposit: 100 Toncoin
Fixed staking for 15% APY
Duration: 30 days
Maximum deposit: 5,000 Toncoin
To participate, you must:
1. Create an account on OKX.
2. Go to the “Earn” section.
3. Go to the “Staking” section.
4. Select one of the staking offers, click “Subscribe,” and deposit your coins.
Please note:
The special offer has limitations. The quota for the 65% staking offer is capped at 12,000 Toncoin, while the 15% staking offer is limited to 38,000 Toncoin.
The event will end as soon as the quotas are reached.
The first TON ambassadors and a new member of the TON Foundation
Today, the TON Foundation announced two public-facing TON evangelists who will oversee communication with key players in the crypto industry and proselytize the largest audience possible for The Open Network’s philosophy.
The two individuals are:
▪️ Tal Kol, co-founder of Orbs Network and a member of TON Society.
▪️ Oleg Andreev, co-founder of crypto wallet Tonkeeper and a core developer at the TON Foundation.
The two ambassadors have experience building products based on TON and other blockchain projects. In April, Orbs became a key investor in the TONcoin.Fund, the ecosystem’s first.
The TON Foundation Board has a new member.
Manuel Stotz, a blockchain technology enthusiast and the founder of Kingsway Capital, is joining TON’s core team. Stotz has already left an invaluable mark on the development of the TON ecosystem, but now, he’ll concentrate on growing it further and strives to attract billions of users to Web3.
Let’s give a warm welcome to the newest member of the TON Foundation Board!
DWF Labs, the leading crypto market maker, invested $10 million in TON Ecosystem. In addition, a total of 50 seed investments are scheduled over the next 12 months. Every investment is designed to accelerate the growth of TON and its projects.
@Telonews_en | Source
Web 3.0 is The Next Big Thing In The Chinese Developer Community
TON Foundation's very first meetup with Chinese developers attracted over 3,200 attendants from both Web 2 and Web 3 communities. Specifically, developers and product managers from Big Tech companies in mainland China were in attendance and had many questions about the TON ecosystem.
TON Foundation's very own Head of Incubation, Investment Associate, and TON Contributor presented everything from onboarding and building on TON to grants and investments landscape.
The meetup was organized by SmartDeer, a major tech talent recruiting agency based in mainland China. Thanks to the group's expertise and experience in holding webinars, the session drew its largest crowd ever and the meeting was live streamed via WeChat.
We are excited to share that TON's vision is being shared across the globe and developers from all walks of life and regions are learning about onboarding onto our ecosystem. As we gear up for more regional specific community events, hackathons, and developer meetups, we encourage aspiring teams/builders to explore the grant opportunities and hackathon sponsorships.
A public discussion about the TON Apps suite
TON Society’s Telegram channel opened a public forum discussing the TON Apps suite, encouraging all users to submit ideas that would enhance the platform.
If you have thoughts about the TON Apps suite, comments, and suggestions, please leave them in the comments section of this post:
/channel/tonsociety/133
TON Community Weekly Digest
Here’s a roundup of the ecosystem’s most exciting news from the past seven days.
Network stats update:
▪️ The number of new accounts created on TON from Nov. 6 to 12 grew from 1,406,699 to 1,421,079 (+1%).
News:
▪️ Telegram officially announced its Fragment platform to its users and mentioned the TON blockchain. Read more.
▪️ Telegram pushed an update allowing users to put up their usernames for sale on the Fragment platform and added the option to assign multiple public names to chats and accounts. Read more.
▪️ TON Society’s Telegram channel opened a public forum discussing the TON Apps suite and encourages all users to submit ideas that would enhance the platform. Read more.
▪️ The TON project was showing off its prowess at TOKEN2049, one of the year’s most major crypto conferences. Read more.
▪️ The first round of results from CertiK’s audit of the TON blockchain was made public. Read more. [You can find CertiK’s results here.]
Stay up-to-date with the latest developments brewing in the TON ecosystem by turning on the notifications to this channel. You won’t want to miss a thing!
Telegram officially unveils its Fragment platform and mentions the TON blockchain.
Today, on the official Telegram News channel, which has over 6.2 million subscribers, Telegram’s team officially presented its Fragment auction platform, where users can buy and sell domain names in the username.t.me and t.me/username formats.
Telegram emphasized how it has set a new precedent in the history of social media by giving people complete control and ownership rights over their usernames, which are forever recorded on the lightning-fast and scalable TON blockchain.
The launch of Fragment is a boon for The Open Network because it will serve as a gateway to the TON project and the Toncoin cryptocurrency for hundreds of millions of Telegram users.
An AMA with Fanzee and a token airdrop
Telegram channel The Daily TON will host an AMA with Ajay Jojo, CEO of Fanzee Labs (which we’ve talked about here), tomorrow, Nov. 10, at 16:00 (UTC).
This AMA is going to be particularly fascinating for the community because Jojo is not only going to discuss Fanzee but also bring up pertinent topics, including TON itself, Web3, and the mass adoption of cryptocurrencies:
▪️ What does mass adoption mean for Fanzee and the TON blockchain?
▪️ What kind of problems are Web3 projects currently dealing with?
▪️ The future outlook for TON.
There will also be a chance for listeners to win 5,000 FNZ tokens during the AMA.
Organizers of the AMA will select the five most thought-provoking questions and gift the five individuals 1,000 FNZ each.
The AMA will be in English.
If you’re curious to learn more about Fanzee or TON, this AMA will be right up your alley! The conversation goes live tomorrow at 16:00 (UTC) on The Daily TON channel.
Collectible public usernames on Telegram
Telegram released an update in which the option to assign multiple collectible public usernames to chats and accounts has become available.
Collectible public usernames are almost the same as regular Telegram usernames — they appear in search results and can be used outside of Telegram as t.me/username and username.t.me links.
However, unlike standard usernames, collectible usernames can comprise fewer than five characters, meaning accounts can get short names, such as @news or @game.
People can obtain collectible usernames on the Fragment platform.
Meanwhile, the ownership of collectible public usernames is secured by the lightning-fast and scalable TON blockchain.
When reading Telegram’s mention of The Open Network in its update, we get the rewarding feeling that the stars are finally starting to align for us and the ecosystem.
TON Community Weekly Digest
Here’s a roundup of the ecosystem’s most exciting news from the past seven days.
Network stats update:
▪️ The number of new accounts created on TON from Oct. 30 to Nov. 5 grew from 1,393,878 to 1,405,186 (+0.8%).
News:
▪️ Crypto exchange Huobi listed Toncoin for margin trading in the TON/USDT pair. Read more.
▪️ The Orbs network (which we’ve written about here) is offering a grant to developers who can create a needed functionality. Read more.
▪️ After a community vote among validators, the “t.me” domain was added to the root TON DNS smart contract. Read more.
▪️ The Tonscan.org explorer pushed an important update that is going to take TON to the next level. Now, all you have to do is enter the name of a TON service to open its address on the blockchain. Read more.
▪️ The first auction results on the Fragment platform are in: More than 140 Telegram usernames were bought. Read more.
▪️@CryptoBot added payment methods for the Brazilian real, Azerbaijani manat, and Indonesian rupiah. Read more.
▪️ We introduced you to the project accelerator program from the Ton Whales team. Read more.
▪️ Toncoin officially made its way into the top 50 cryptocurrencies on CoinGecko. Read more.
▪️ The TON Community blog ranked first in the number of views on CoinMarketCap for the past week. Read more.
Stay up-to-date with the latest developments brewing in the TON ecosystem by turning on the notifications to this channel. You won’t want to miss a thing!
Toncoin has entered the top 50 biggest cryptocurrencies on CoinGecko.
We’re happy to announce that the CoinGecko crypto resource platform has updated Toincoin’s ranking. Now, it is sitting comfortably in 32nd place per its market capitalization, which is worth $2.4 billion and whose daily trading volume is just north of $10.5 million.
In September, Toncoin made it to the top 50 biggest cryptocurrencies of the world on CoinMarketCap, occupying 31st place.
We’re relieved that the TON blockchain’s native cryptocurrency has finally earned its deserved spot among the ranks of the world’s most famous tokens now on the two most important crypto analytics services.
More than 50 Telegram usernames have found new owners.
Yesterday evening, the first Telegram username auctions kicked off on the Fragment marketplace, which launched last week.
The top five most expensive usernames were:
@auto — 900,000 TON
@bank — 850,000 TON
@avia — 800,000 TON
@chat — 700,000 TON
@fifa — 600,000 TON
The total amount spent on usernames came to about $9.12 million per Toncoin’s price at the time of writing.
Congratulations to the auction winners.
Once you get your hands on a username on Fragment, you’ll get access to all TON DNS possibilities.
For example, you can assign your new username to a wallet and use that instead of a long wallet address.
To do so, you go to the NFT section in the Tonkeeper crypto wallet, select the username, and tap “Link current wallet address” to assign the domain to your wallet’s address.
You can find a more detailed guide on assigning TON DNS usernames in the “Is it possible without a Chrome extension?” section.
It’s worth noting that at the moment, only tokenized Telegram usernames minted on the TON blockchain have access to TON DNS functionalities — i.e., only those bought on Fragment.
However, Pavel Durov has promised that users would be able to sell their usernames on Fragment to all Telegram users shortly.
Toncoin staking on the KuCoin crypto exchange for 12% APY
There’s a new event happening in support of Toncoin’s listing on the KuCoin crypto exchange. Tomorrow, on Nov. 2, the platform will open two fixed staking offers.
Staking for 10% APY
Duration: 7 days
Maximum deposit: 50,000 Toncoin
Staking for 12% APY
Duration: 14 days
Maximum deposit: 50,000 Toncoin
Please note: The event’s duration will be limited.
If you want to participate in staking, you must subscribe within the next 24 hours before 15:59 (UTC) on Nov. 2.
After the time mentioned above, the offers will be closed.
To participate, you must:
1. Create an account on KuCoin.
2. Go to the “KuCoin Earn” section.
3. Enter the “TON” ticker in the search bar.
4. Click “Subscribe” beside the staking offer in which you’d like to participate and deposit your Toncoin.
When the 7- or 14-day staking periods end, your Toncoin will be returned to your balance with the earned interest.
We also want to bring your attention to a particular detail concerning these two offers.
At first glance, 12% APY staking over a short period doesn’t look all that attractive compared to Huobi’s 500% or OKX’s 65% APYs.
However, KuCoin’s 50,000-Toncoin deposit limit is rather large, allowing Toncoin holders to earn potentially more interest compared to the offers from OKX and Huobi.
Other details for KuCoin’s staking offers can be found on this page:
https://www.kucoin.com/news/ton-fixed-promotions-enjoy-an-apr-of-up-to-12
TON Community Weekly Digest
Here’s a roundup of the ecosystem’s most exciting news from the past seven days.
Network stats update:
▪️ The number of new accounts created on TON from Oct. 23 to 29 grew from 1,375,643 to 1,392,174 (+1.2%).
News:
▪️ Pavel Durov, founder of Telegram, announced the launch of Fragment, an auction platform based on TON for selling and buying Telegram usernames in the “username.t.me” format. Read more.
▪️ KuCoin, a top 5 crypto exchange, opened Toncoin trading in the TON/USDT pair. Read more.
▪️ To celebrate the Toncoin listing, TON and KuCoin jointly launched a series of events, such as a trading contest, a holding contest, and a Twitter airdrop. Read more.
▪️ Crypto exchange Huobi Global launched three staking offers for Toncoin holders with 500%, 130%, and 100% APYs available. Read more.
▪️ Crypto exchange OKX launched two Toncoin staking offers with 60% and 15% APYs available. Read more.
▪️ The STON.fi DEX released and handed out Soulbound NFTs to early adopters. This was the first instance of the new Soulbound TON NFT standard being used in the ecosystem. Read more.
▪️ NFT marketplace Getgems released a new feature. Users can now make an offer at any price to buy an NFT, whose owner will have the ability to accept or decline. Read more.
▪️ A TON–KuCoin AMA was held with TON Foundation representatives Andrew Rogozov and Steve Yun. Read more.
▪️ The Ethereum and BNB Smart Chain bridge is in its final stages of development. Read more.
Stay up-to-date with the latest developments brewing in the TON ecosystem by turning on the notifications to this channel. You won’t want to miss a thing!
Stake Toncoin for up to 500% APY on Huobi Global
We’re pleased to announce a new joint event with the Huobi crypto exchange, which is offering three fixed-staking programs:
▪️ Up to 50 Toncoin for 500% APY over 5 days.
▪️ Up to 400 Toncoin for 130% APY over 14 days.
▪️ Up to 400 Toncoin for 100% APY over 30 days.
The event’s duration and the prize pool are limited. You can find more details here and here.
To participate, you must:
1. Create an account on Huobi Global, if you don’t already have one.
2. Complete the second level of Know Your Customer verification (L2 Basic Verification), which will take five minutes at most.
Please note: You can only stake coins bought on the exchange.
Huobi is also hosting a contest for traders with a prize pool of 10,000 Toncoin.
The contest requires trading at least 500 USDT in the TON/USDT pair on Huobi between Oct. 27 and Nov. 6 at 12:00 (UTC).
The more volume you trade, the bigger prize you’ll have a chance at receiving. You can view the prize distribution table here:
https://www.huobi.com/support/en-us/detail/44921165113584
The reward Toncoin will be added to your balance seven days after the contest closes.
We encourage the entire TON community to take part in Huobi’s activities!