TON20 Inscription Use-case on TON
Starting on December 5th, The Open Network (TON) experienced an incredible spike in network activity, thanks to the BRC20 Bitcoin Ordinals type of inscription use-case, called TON20, launched by the Tonano team.
Producing over 2 million transactions increased our network usage by 61 times within just half an hour. TON Community is proud to witness a creative use case take-off in TON driven by independent participants in the ecosystem.
Moreover, this sudden growth has revealed many interesting insights for our blockchain. Dynamic sharding technology worked as expected. At its peak, TON split into eleven shardchains, stabilizing at five shardchains to handle the heavy load.
At the same time, this phenomenon also revealed where the community should work to swiftly onboard the exponential increase in network activity expected in the near future. Network validators must ensure that TON is supported by hardware capable of scaling to the performance demanded by high usage.
Network Performance Delays
This peak interest also came with a severe congestion of TON network, where validation was severely delayed even though the network validators are still producing blocks.
Popular wallets like @Wallet and Tonkeeper have paused the service temporarily.
TON core developers are aware of the issues affecting users and are working on TON blockchain. An initial technical report is available here. TON core team will be providing us with a further update within the next 24 hours.
We thank you and the community for your patience and unwavering support as we go through the growing pains together, preparing for the unprecedented growth season expected in the near future.
Bitget Wallet integrates TON Mainnet
Bitget Wallet, Asia's largest all-in-one Web3 trading wallet, has successfully integrated TON Mainnet into its platform, aiming to enhance liquidity and expand the user base of The Open Network.
With over 12 million users worldwide, Bitget Wallet now allows users to effortlessly add TON with a single click, enabling seamless asset management and on-chain transactions.
Additionally, the platform is gearing up to broaden its services, incorporating support for TON Ecosystem dApps, token trading, and the introduction of candlestick chart features. Innovative TON-based products, such as the Telegram Red Packet feature, are also in the pipeline.
Bitget Wallet is committed to delivering convenient and user-friendly product experiences, paving the way to Web3 for its users. This commitment aligns seamlessly with TON's vision of building a Web3 ecosystem within Telegram, serving as a bridge between Web2 and Web3.
For additional details, refer to the official announcement here.
Port3 Network now supports SBTs on TON
The SoQuest platform, one of Port3 Network's flagship products, now supports the deployment of NFTs and Soul-Bound Tokens (SBTs) within the TON Ecosystem. Being one of the first social quest platforms on TON, Port3 has seamlessly integrated with the Tonkeeper wallet and offers task verification on-chain, enhancing transparency within the TON Ecosystem.
Port3 serves as a bridge between Web2 and Web3, building a protocol to aggregate and standardize off-chain and on-chain data. This creates a universally accessible Social Data Layer, applicable across various dApps. Also, this protocol ensures structured and readily available data, offering invaluable support for decision-making, analytics, and insights to TON projects.
TON users can now join quest campaigns on SoQuest to earn SBTs, NFTs, and more. With an impressive user base of over 900,000, SoQuest leverages rewards from partner projects, enabling users to voluntarily share their profiles across Web2 and Web3 platforms.
Port3's mission of accelerating the transition into Web3 perfectly complements TON's vision of empowering 500 million users to own their digital identity, data, and assets by 2028.
Join Port3’s official Telegram channel for the latest updates.
Six use cases for the world's fastest blockchain
On October 31, 2023, The Open Network (TON) set a new world record for the fastest and most scalable blockchain, reaching an astounding 104,715 transactions per second.
Verified by CertiK, this remarkable achievement opens doors to numerous possibilities in various sectors, aiming to bridge the gap between Web3 and Web2 and offer real-world solutions.
Solving from simple everyday to very complicated problems of people and business, TON Blockchain has multiple real-world use cases, thanks to its transaction speed and infinite scalability. Some examples include the transformation of Telegram to a global Web3 SuperApp, the gaming industry, payment infrastructure, DeFi and DEXs, supply chain management, and IoT networks.
To dive deeper into TON’s potential, read this blog post.
TON Foundation welcomes Animoca Brands as TON Blockchain’s largest validator
Animoca Brands, a Web3 leader in digital property rights for gaming and the open metaverse, now holds the crucial role of being the largest validator on TON Blockchain. Additionally, they will support third-party gaming and GameFi projects within the TON Ecosystem by providing funding, analytics, and hands-on assistance.
Before this strategic investment, Animoca Brands conducted in-depth research, resulting in two reports delving into TON's potential. They highlighted TON-based dApps' user-friendliness and the scalability of TON as crucial for community growth and TON Foundation's vision of putting crypto in every pocket. Animoca Brands also developed an analytics dashboard, offering a visual representation of TON's growth metrics.
A significant part of this collaboration is TON Play, a project facilitating the launch of TON-based games directly within Telegram, with Animoca Brands' support. TON Play simplifies blockchain game development and connects developers with Telegram's 800 million monthly active users.
This collaboration marks a major step in transitioning from Web2 to Web3, aiming to onboard the next million Web3 users and boost TON-based gaming initiatives. It also allows the 400+ Web3 projects in Animoca Brands’ portfolio to seamlessly transition to Telegram.
For detailed information, refer to this article.
Paribu lists Toncoin (TON)
Paribu, the leading cryptocurrency exchange in Turkey, has announced the listing of Toncoin (TON) on its platform, unveiling the first-ever TON/TRY trading pair. This move enhances TON's accessibility in Turkey, as users can now trade Toncoin directly with the nation’s official currency, TRY (Turkish Lira).
This also marks the first Toncoin listing on a Turkish cryptocurrency exchange. Paribu's integration with 11 Turkish banks, including the country’s leading national and private banks, offers users a fast, easy, and secure gateway to TON. CoinGecko's Top Turkey Crypto Exchanges report (2023) highlights Paribu's market dominance, securing over 50.5% of the local exchange market share.
Each Toncoin listing brings the vision of putting crypto in every pocket one step closer to becoming a reality. The significance of this particular listing is heightened, considering Turkey's prominent position in the global landscape of crypto and Web3 adoption.
You can create an account and start trading Toncoin on Paribu here.
TON Diamonds x OCTOPUS BOYZ
TON Diamonds is a curated NFT marketplace for global digital artists and top-tier collections on the TON Blockchain. Its mission is to bridge the gap between conventional art and the digital realm, empowering artists to thrive within the Web3 ecosystem.
Earlier this month, the spotlight was on TON Diamonds as the OCTOPUS BOYZ NFT collection was featured in a music video by the renowned rap artist, Allj. However, this isn't the only highlight in their journey.
TON Diamonds has achieved significant milestones, including:
▪️ The marketplace has witnessed a volume of 2.7 million Toncoin in NFT trades, showcasing the growing impact of digital art in the blockchain space.
▪️ Global Exhibitions: From the Louvre in Paris to Dubai, Prague, and New York, TON Diamonds has curated worldwide exhibitions, connecting diverse audiences with cutting-edge NFT art.
▪️ Setting records with the most expensive sale of NFT art on TON, "CALLIGRAFUTURISM — 23: Equality", purchased for 23,000 Toncoin. Notably, the OCTOPUS BOYZ collection, featured in Allj's video, witnessed the fastest sell-out in the TON NFT market, selling out in just 15 seconds.
TON Diamonds takes pride in spreading the word about TON across the globe. Its presence at art exhibitions and the continuous development of TON-based products over the past two years underscore their unwavering commitment to the TON Ecosystem.
Watch the full "D3" video clip here and join the official TON Diamonds channel for the latest updates.
Bybit x TON Odyssey Phase 2
Earlier this month, Bybit joined forces with The Open Network to unveil the TON Odyssey event, with the aim of putting crypto in every pocket. Today, on November 23, 2023, the second phase of the Bybit x TON Odyssey event started and will end on December 7, 2023, at 10:00 AM UTC.
Throughout this period, you can participate in the Trading Competition by trading Toncoin on Bybit. Eligible participants will have a chance to share a prize pool of up to $56,000 worth of Toncoin. Terms and Conditions apply.
TON Derivatives Trading Competition:
▪️ Trade TON/USDT to claim your rank.
▪️ Prize pool capped at $50,000 in Toncoin.
▪️ Qualify with a minimum of $10,000 in Derivatives trading volume.
TON Spot Trading Competition:
▪️ Trade TON/USDT. Greater trading volume translates to a higher rank for you.
▪️ Prize pool capped at $6,000 in Toncoin.
▪️ Qualify with a minimum of $1,000 trading volume for TON/USDT.
TON Fiat x P2P Referral Frenzy:
▪️ Earn a 5 USDT bonus and 1 Toncoin through successful referrals.
▪️ Ensure your friend deposits a minimum of $100 within seven days of signing up to Bybit. Read more here.
New VIP Perk:
▪️ Users who become Bybit VIPs get an extra 800 USDT bonus, in addition to the standard 100 USDT welcome bonus.
▪️ Contact your VIP Ambassador within two weeks of the event's end to claim your bonuses.
To participate and for all the details on the Bybit x TON Odyssey Phase 2, read Bybit's official announcement.
The TON Bootcamp for mini-app builders in Telegram’s Web3 ecosystem
Future3 Campus, a Web3-oriented incubation platform powered by Wanxiang Blockchain Labs and HashKey Capital, has partnered with TON Foundation to launch The TON Bootcamp, a dynamic incubation program designed to boost mini-app development within Telegram’s TON-based Web3 ecosystem.
What is The TON Bootcamp?
This program is a unique Web2.5 incubator, enabling developers to build innovative mini-apps that blend the traditional Web2 experience with the advantages of Web3. The focus is on fostering projects that offer real-world payment and gaming solutions, seamlessly integrating them into TON's thriving Web3 ecosystem in Telegram.
Opportunities and Funding
Managed and sponsored by Future3 Campus, The TON Bootcamp offers more than just development opportunities; it's a chance to receive significant funding and support. Future3 Campus has allocated a substantial $50 million seed fund, with the potential for the 15 selected teams to receive as much as $500,000. This support extends beyond financial assistance, offering integration aid into TON’s Web3 ecosystem.
Duration and Features
Spanning five months, the program offers participants a chance to showcase their projects on tApps Center, benefit from experienced mentorship, and receive marketing support within the TON Ecosystem. Additionally, participants get priority access to Telegram’s 800 million active users, among other benefits.
Application and Deadline
Apply for The TON Bootcamp here. The application window closes on December 18, 2023.
For further information on The TON Bootcamp, read this article.
Announcing The Open League on TON.Vote
The Open League is - currently - a public community proposal set to distribute TON-backed user incentives aiming to acquire five million users in the next twelve months.
The proposal is now live on TON.Vote for your review and discussion.
Key highlights:
▪️ New method for distributing incentives to TON Users through Soul-Bound Tokens (SBTs) and through TON projects via community-awarded grants.
▪️ Seasonal structure to gamify mini-app launches and enhance user onboarding experiences.
▪️ Experience Points (XP), where users can earn points exchangeable for Toncoin.
▪️ @community_bot quests to become the gateway for users to engage with various tasks and earn rewards.
▪️ TON Society, your profile to track achievements, earnings, and build your reputation on TON.
Discussion and participation are highly valued. TON Community members can share their thoughts and questions directly on the proposal page or through TON Community channels. Every perspective contributes to shaping the future of the TON Ecosystem.
To join the discussion and vote, visit this page.
To learn more about The Open League, watch the full presentation from Gateway.
Megaton Finance launched its new staking program
Megaton Finance, one of the leading AMM-based DEXs on TON, has introduced its $MEGA Staking Program, featuring the first staking tier system within the TON Ecosystem.
This tiered staking program consists of eight levels, starting with the Iron Tier. Beyond financial returns, it offers several unique benefits to participants:
▪️ Access to exclusive events.
▪️ Special airdrops for staking members.
▪️ Planned exclusive community.
▪️ Future game zone rewards.
Participation is straightforward:
▪️ Acquire $MEGA through MEXC or by swapping WTON or jettons on Megaton Finance.
▪️ Stake your $MEGA in the Iron slot.
▪️ Remain staked for 180 days to earn rewards.
This new feature enhances the user experience within the TON Ecosystem and opens the door to additional services from Megaton Finance. It also promotes the growth of the TON user base by increasing the number of on-chain holders.
For further details, read this article and visit this page.
Bybit x TON Odyssey AMA
Join an insightful AMA session on Thursday, November 16, 2023, at 13:00 UTC in the @BybitEnglish Telegram channel. Featuring Ryan Dennis, Director of Brand & Communications at TON Foundation, this AMA will delve into the details of the ongoing TON Odyssey event.
Learn about earning and staking Toncoin, along with the exclusive rewards on offer. Don't miss this chance to gain insights into the TON giveaway and staking opportunities. For more information on the Bybit x TON Odyssey event, read Bybit’s official announcement.
Join the AMA this Thursday at 13:00 UTC: /channel/BybitEnglish
The Gateway’s Golden sponsors
The Gateway is excited to announce two more Golden sponsors, KuCoin and MEXC Ventures, joining the forefront of the event.
MEXC Ventures
MEXC Ventures, the investment arm of MEXC Exchange, is dedicated to nurturing innovation in the crypto space. As a strategic partner of TON, it supports multiple TON Ecosystem projects such as Megaton Finance, TON Play, TONFura, Fanzee, and Sonet.
Meanwhile, MEXC Exchange is set to launch a TON collateral lending service on November 12 and eliminate trading fees for Toncoin.
KuCoin
KuCoin, known as the People’s Exchange, is a leading global cryptocurrency exchange serving over 30 million users across 200+ countries. It has been recognized as one of the Best Crypto Exchanges in 2023 by Forbes Advisor and offers 24/7 multi-language customer support.
KuCoin is a one-stop-shop for crypto trading, with more than 700 digital assets and a vast selection of over 1,200 trading pairs, including the world premiere listings of 200+ projects.
Alicia Kao, KuCoin's Managing Director, will be sharing valuable insights at the Gateway, highlighting the company’s dedication to fostering partnerships within the TON Ecosystem.
For major announcements, exclusive ecosystem updates, and much more, join the Gateway livestream tomorrow at 7:00 UTC.
Help us boost TON Community
With the new Telegram update, channels can now share Stories with their subscribers.
Telegram introduced a boost system that allows channels to post stories. We need your boosts to enable this feature for the TON Community channel.
Before boosting our channel:
▪️ Update Telegram to the latest version.
▪️ Get Telegram Premium through Fragment using your TON wallet or via the @PremiumBot.
How to boost TON Community?
It’s simple! Just click this link: /channel/toncoin?boost
The Gateway's second Diamond sponsor
The Gateway is delighted to showcase its second Diamond sponsor, Tonscan, developed by Bastion. As one of the most advanced TON Blockchain explorers, Bastion aims to become the go-to platform for developers and supporters within The Open Network.
Built by developers for developers
With Tonscan, you can dive deep into real-time transaction analytics, seamlessly interact with smart contracts, monitor network health metrics, and access valuable insights to empower your development journey.
High performance meets user-friendly design
With a fusion of elegant design and user-centric functionality, Tonscan ensures smooth navigation through live blockchain data, responsive analytics, and interactive visual displays.
Effortless NFT exploration
Tonscan offers a holistic NFT exploration experience, from intricate token provenance tracking to real-time NFT marketplace analytics, and insights into trending NFT contract interactions.
Tonscan by Bastion at the Gateway
Tonscan by Bastion invites the TON Community to its public presentation at the Gateway on Friday, November 10, at 17:35 GST. If you cannot attend the conference in Dubai, you can experience the innovative features of Tonscan.com via the Gateway livestream.
For more information on TON’s first in-person conference, visit the official event website.
The Gateway 2023
The Gateway, TON's first in-person conference in Dubai, was a massive success, with over 500 attendees and a vibrant atmosphere filled with keynote speeches, major ecosystem announcements, insightful discussions, and unique networking opportunities. A heartfelt thank you to the amazing TON Community and all attendees for making the first Gateway so special!
Here are the key highlights:
▪️ Wallet rollout: Coming to every Telegram user by default by the end of Q2 2024.
▪️ The Open League: Aiming to activate 5 million users to TON projects in the next twelve months with TON-backed incentives.
▪️ TON Society plans were revealed. The platform will become a reputation profile for all TON users, making the TON Ecosystem more attractive to builders targeting specific user segments.
▪️ In regards to programs, TON Foundation unveiled various ways projects can get support, including liquidity, acceleration, and marketing.
▪️ We got a first look at new projects such as Notcoin and Egg Fight Club, two games designed to help new Web3 users understand tokens and collectibles.
▪️ We were impressed by the amazing art showcased by TON Diamonds.
▪️ We met and enjoyed presentations by Gateway sponsors, including Orbs, Tonscan by Bastion, TonUp, Bybit, MEXC Ventures, and KuCoin.
Relive the excitement by exploring photos and livestreams on the official event website.
For a comprehensive recap of the conference, dive into this blog post.
TON Community Weekly Digest
Here's a roundup of the most exciting news from the past seven days in The Open Network (TON) Ecosystem.
Network Growth:
▪️ The number of registered accounts on TON grew from 3,842,227 to 3,890,436 (+1.2%) between November 27 and December 3, 2023.
Ecosystem News:
▪️ Paribu, Turkey's leading crypto exchange, has listed Toncoin (TON) with the first TON/TRY trading pair. Read more here.
▪️ Anton Trunov, a distinguished blockchain developer, has joined the TON Foundation, unveiling a new roadmap for Tact, TON's smart contract development language. Read more here.
▪️ Animoca Brands became the largest validator on TON Blockchain, enhancing the TON Ecosystem with funding, research, analytics, and support for third-party gaming and GameFi projects. Read more here.
▪️ The "TON Innovators" series introduced EVAA Protocol, the first decentralized lending platform on TON, enabling users to lend and borrow digital assets through smart contracts. EVAA has also launched a Hackathon aiming to enhance the TON DeFi ecosystem. Read more here.
▪️ We explored TON's potential and identified six real-world use cases for the fastest and most scalable blockchain on the planet. Read more here.
▪️ KuCoin Ventures, the investment arm of KuCoin Exchange, has partnered with TON Foundation to provide a grant supporting the growth of the TON Ecosystem, particularly focusing on five TON-based mini-apps in payments or GameFi. Read more here.
▪️ Port3 Network has begun supporting the deployment of NFTs and SBTs within the TON Ecosystem. Read more here.
▪️ STON.fi and Fanton collaborated to organize a partner tournament, offering a prize pool of 1,000 STON. The tournament aims to merge the worlds of DeFi and fantasy football, utilizing STON.fi's technical solution in the Fanton project. Read more here.
Subscribe and be the first to receive updates from the TON Ecosystem.
KuCoin Ventures partners with TON Foundation
KuCoin Ventures, the investment arm of KuCoin Exchange, has announced a strategic partnership with the TON Foundation, underscoring their commitment to the TON Ecosystem.
KuCoin Ventures will provide a grant to enhance the growth of the TON Ecosystem, specifically supporting five TON-based mini-apps focusing on real-world blockchain solutions in payments or GameFi. This funding will give an additional boost to initiatives such as The TON Bootcamp, fostering innovation, research, community-building, and marketing efforts.
Together, KuCoin Ventures and the TON Foundation are shaping the future of Web3, aiming for a more accessible and decentralized digital future for all.
To learn more about this partnership, read this article.
TON Innovators - EVAA Protocol
"TON Innovators" is the latest content series on the TON Blog, dedicated to exploring the most innovative projects within the TON Ecosystem and the creative minds behind them. In the premiere feature of this series, the spotlight turns to the EVAA Protocol.
What is EVAA Protocol?
EVAA is the first decentralized lending platform built on TON Blockchain. It empowers users to lend and borrow digital assets through smart contracts, eliminating the need for central intermediaries. Its seamless integration with Telegram (Wallet and TWA) provides the messenger’s 800 million monthly active users with easy access to DeFi.
Leveraging smart contracts, the platform ensures that transactions are both secure and transparent. Looking ahead, EVAA is set to expand its offerings to include multi-asset collateral options and to further refine its risk assessment algorithms, enhancing the safety of its lending services.
EVAA Hackathon
EVAA has launched the EVAA Hackathon, focusing on the development of liquidation bots for the EVAA DeFi ecosystem. This hackathon aims to enhance the functionality of the TON DeFi ecosystem by introducing effective liquidation bots, building connections between the fundamental TON DeFi protocols: lending and DEXs.
For developers interested in contributing, check out the EVAA Developer Guide on GitHub.
To learn more about EVAA and their roadmap, delve into this blog post and join their Telegram channel.
Anton Trunov joins TON Foundation and unveils a new Tact roadmap
Anton Trunov, a distinguished blockchain developer renowned for his contributions to blockchain-oriented programming languages, has joined the TON Foundation. Anton's expertise and strategic vision are poised to reshape the future of Tact, TON's innovative smart contract development language.
Anton's impressive track record includes pivotal roles in shaping smart contract languages for Zilliqa and Fuel ecosystems. His deep understanding of blockchain, programming languages, and strong academic background make him an invaluable addition to the TON Foundation team.
Building upon the legacy of Tact's initial creators - Oleg Andreev, Steve Korshakov, Tal Kol, and Kirill Emelyanenko - Anton presents a new roadmap that invites collaboration from the TON Community, developers, and enthusiasts. Your feedback matters, and you can contribute at Tact Language Roadmap.
Tact Roadmap Highlights:
▪️ Ensuring Tact's security with expert collaboration.
▪️ Enhancing the language by introducing typed tuples, enums, enhanced low-level constructs, and more.
▪️ Implementing standardized mechanisms for seamless contract upgrades.
▪️ Reducing gas consumption for user-written code and the Tact runtime.
▪️ Improving VS Code plugin and developing a standalone LSP server.
▪️ Expanding documentation for beginners, best practices, and common issues.
▪️ Developing automated tools for security audits, with a focus on community input.
Explore the future of smart contract languages at tact-lang.org.
For an in-depth view of Anton's Tact Roadmap, visit The Tact Roadmap on GitHub and read this blog post.
TON Community Weekly Digest
Here's a roundup of the most exciting news from the past seven days in The Open Network (TON) Ecosystem.
Network Growth:
▪️ The number of registered accounts on TON grew from 3,779,639 to 3,842,227 (+1.6%) between November 20 and November 26, 2023.
Ecosystem News:
▪️ The Open League, a community proposal aimed at distributing TON-backed user incentives to acquire five million users in the next twelve months, recently concluded its voting phase on TON.Vote with 99.5617% in favor of the proposal. Read more here.
▪️ Tap Fantasy launched on TON, marking a significant milestone with a launch campaign that offers 101,000 MC and 12,000 Toncoin to players on TON. The campaign also features a referral program, allowing players to earn up to a 35% rebate by inviting friends. Read more here.
▪️ Future3 Campus, powered by Wanxiang Blockchain Labs and HashKey Capital, partnered with TON Foundation to launch The TON Bootcamp, a 5-month incubation program aiming to boost mini-app development within Telegram’s TON-based Web3 ecosystem. Read more here.
▪️ Hipo went live on Mainnet, achieving a $1.5 million TVL in just a few days. To celebrate, Hipo unveiled the "99 Hipo Hard Rock" NFT collection, offering unique NFTs to 99 lucky users. Read more here.
▪️ Bybit kicked off the second phase of the TON Odyssey event, offering participants the chance to share a prize pool of up to $56,000 worth of Toncoin. Terms and Conditions apply. Read more here.
▪️ The TON Accelerator Mentorship Program seeks experienced professionals to mentor startups in the TON Ecosystem, offering benefits such as extensive networking, increased visibility, exclusive event invitations, and opportunities for monetizing expertise. Read more here.
▪️ TON Diamonds, a curated NFT marketplace on the TON Blockchain, recently gained attention with the OCTOPUS BOYZ NFT collection featured in a music video by rap artist Allj. Read more here.
▪️ TON Foundation announced 'TON Spaces - Gaming on TON.' The session, featuring Inal Kardanov, Gaming Lead at TON Foundation, and Chak Zefir from Notcoin, will take place on Thursday, November 30, 2023, at 16:00 UTC. Set a reminder here.
Subscribe and be the first to receive updates from the TON Ecosystem.
Introducing the TON Accelerator Mentorship Program
The TON Accelerator Mentorship Program invites seasoned professionals to mentor and empower startups within the rapidly evolving TON Ecosystem. This program is a platform for mentors to share their knowledge, guiding startups towards success and innovation.
Benefits for mentors include:
▪️ Extensive networking with professionals, founders, investors, and innovators.
▪️ Increased visibility and recognition within the TON Community.
▪️ Invitations to exclusive TON events, seminars and gatherings.
▪️ Opportunities to monetize expertise and contributions.
Additional benefits and perks will be introduced in the future.
If you want to play a pivotal role in shaping the future of the thriving TON Ecosystem, apply to become a mentor here.
For more information on the TON Accelerator Mentorship Program, read this blog post.
Hipo is now live on Mainnet and is celebrating with a unique NFT campaign
Hipo, a liquid staking protocol on TON with roots in esteemed TON Community projects like DoraHacks and Hack-a-TONx, has successfully launched on Mainnet, achieving $1.5 million in Total Value Locked (TVL) just a few days after launch.
Hipo offers users the ability to stake Toncoin and receive hTON in return. hTON tokens represent your stake and can be used within the DeFi ecosystem while still earning rewards. Fully open source, Hipo prioritizes transparency and user safety, having successfully passed rigorous security audits.
Hipo aims to elevate liquid staking on TON, setting a new standard in competition. Additionally, they have independently developed high-quality FunC smart contracts to showcase their commitment and resilience to the TON Community. Also, as they strongly believe in community-driven growth, they have already rewarded contributors with 1% of their governance token for reaching the first $1 million in TVL.
To celebrate their Mainnet launch, Hipo has introduced an exclusive "99 Hipo Hard Rock" NFT collection and will reward 99 lucky users with unique NFTs. These NFTs could potentially airdrop Hipo governance tokens in the future.
Read more about the "99 Hipo Hard Rock" NFT here and join the challenge here.
Tap Fantasy launches on TON
Tap Fantasy, the pioneering large-scale ACG MMORPG, is now live on TON.
Tap Fantasy's integration into the TON Ecosystem is notable for several reasons:
▪️ It received a grant from the TON Foundation, highlighting its potential.
▪️ First project to launch an IDO on TonUp and the game's token, MC, sold out in just thirty minutes.
▪️ MC token is now listed on Megaton and STON.fi, ranking fourth in Total Value Locked (TVL) across the TON Ecosystem.
▪️ Its NFT presale was fully claimed in one minute and it is now available on Getgems.
The game represents more than just a new feature in the ecosystem; it's a driving force for its expansion and development. With its strong user spending capabilities and high retention rates, Tap Fantasy is expected to increase the number of on-chain interactions and attract new users to TON. The transition of its substantial existing user base of 730,000 into the TON Ecosystem is a major step towards wider adoption.
Launch campaign
To celebrate this milestone, there is a launch campaign offering 101,000 MC and 12,000 Toncoin to players on TON. Additionally, the campaign includes a referral program where inviting friends can earn players up to a 35% rebate.
Embark on your Tap Fantasy adventure today via the Tap Fantasy Game Bot.
TON Community Weekly Digest
Here's a roundup of the most exciting news from the past seven days in The Open Network (TON) Ecosystem.
Network Growth:
▪️ The number of registered accounts on TON grew from 3,744,245 to 3,779,639 (+1%) between November 13 and November 19, 2023.
Ecosystem News:
▪️ Wallet partnered with STON.fi to introduce a new swap feature, bringing DeFi closer to Telegram's 800 million users. Wallet users can now seamlessly swap Toncoin and other jettons directly within TON Space. Read more here.
▪️ Certik published a blog explaining how they verified TON’s remarkable TPS world record. Read more here.
▪️ TON Society hosted a side event titled "TON x Telegram: The power of mass adoption" as part of Devconnect 2023 in Istanbul. Read more here.
▪️ Megaton Finance launched its $MEGA Staking Program, featuring an eight-level tier system, offering various benefits and rewards to participants. Read more here.
Subscribe and be the first to receive updates from the TON Ecosystem.
Swaps now available in TON Space with STON.fi collaboration
In collaboration with STON.fi, a leading TON-based DEX, TON Space has introduced a new swap feature. This integration marks a pivotal step in making DeFi more accessible within Telegram.
Here's what TON Space users can now explore:
▪️ Users can now directly engage in jetton swaps within TON Space, without leaving Telegram.
▪️ Detailed insights into each transaction, including transaction rates, slippage, and price impact.
▪️ Access to a comprehensive set of jettons available from STON.fi pools.
Additionally, STON.fi is introducing the Omniston protocol, aimed at eliminating slippage and other disadvantages of AMM pools through the RFQ (Request for Quote) system.
Omniston's goal extends beyond merely providing swap opportunities and aggregating liquidity from various DEXs. It seeks to bridge the gap between unique blockchain projects and Telegram's vast user base, enhancing the TON-based Web3 ecosystem within the messenger.
For the latest updates and developments, join @Wallet_news and @stonfidex.
TON Community Weekly Digest
Here's a roundup of the most exciting news from the past seven days in The Open Network (TON) Ecosystem.
Network Growth:
▪️ The number of registered accounts on TON grew from 3,700,168 to 3,744,245 (+1.2%) between November 6 and November 12, 2023.
Ecosystem News:
▪️ The Gateway, TON’s first in-person conference in Dubai, has successfully concluded with a wealth of valuable insights and significant announcements. You can relive the event by watching Day 1 and Day 2 livestreams.
▪️ bemo and Megaton Finance launched the first farming strategy in TON DeFi. Users depositing TON into bemo's pool receive stTON tokens, allowing them to provide liquidity on Megaton DEX and earn rewards. Read more here.
▪️ The Gateway announced Tonscan.com, developed by Bastion, as its second Diamond sponsor. Read more here.
▪️ Bybit, Golden sponsor at the Gateway, teamed up with TON to launch the TON Odyssey event. Users can earn up to 5.5 TON and stake TON for a 20% APR till December 7, 2023. Read more here.
▪️ TON Community needs your boosts to activate Telegram’s new Stories feature. Give TON Community a boost here.
▪️ The Gateway introduced its Silver sponsors, TonUp and Alibaba Cloud. Read more here.
▪️ The Gateway announced two more Golden sponsors, KuCoin and MEXC Ventures. Read more here.
Subscribe and be the first to receive updates from the TON Ecosystem.
The Gateway’s Silver sponsors
The Gateway is proud to introduce its Silver sponsors, TonUp and Alibaba Cloud.
TonUp
TonUp is the premier launchpad for TON, dedicated to discovering and nurturing promising projects within the ecosystem. Supported by TON Foundation, TONcoin.Fund, Foresight X, AC Capital, and Waterdrip, it's a pivotal platform in the TON Ecosystem.
TonUp excels through its rigorous project selection, focusing on economic models, team expertise, and community engagement. Its Community Protection Plan (CPP) safeguards community interests, and the integration of DEX features into its launchpad enhances the user experience. Committed to inclusivity, TonUp plans to introduce permissionless pool creation. Learn more about TonUp here.
Alibaba Cloud
As the leading cloud services provider in the Asia Pacific, Alibaba Cloud is facilitating the growth of the TON-based Web3 ecosystem with robust, scalable, and secure cloud services. It is supporting innovation by empowering developers with the necessary tools for building user-centric applications.
Alibaba Cloud’s suite of services includes elastic computing, database solutions, network virtualization, storage and large-scale computing among others. To find out more about its services, visit this website.
The Gateway conference is taking place tomorrow in Dubai. Join us through the livestream for exclusive insights.
TON giveaway and exclusive staking opportunities
Bybit, the third most visited crypto exchange globally and Golden sponsor at the Gateway, has joined forces with The Open Network to launch the TON Odyssey event, aiming to put crypto in every pocket.
TON Odyssey, set to unfold from November 8 to December 7, 2023, introduces a unique opportunity to earn and stake TON, offering significant rewards for both new and existing users.
New Bybit users can earn up to 5.5 TON by following these steps:
▪️ Enable their @Wallet on Telegram
▪️ Sign up for a Bybit account
▪️ Deposit a minimum of $100 within seven days of registration
▪️ Submit their Wallet details
A reward of 5 TON awaits the first 25,000 eligible participants in their Bybit account, plus an extra 0.5 TON in their Telegram Wallet.
Existing Bybit users also have the opportunity to get 0.5 TON by setting up their @Wallet on Telegram and submitting their details. This is also available to the first 25,000 eligible participants on a first-come, first-served basis.
Staking opportunities with Bybit
Bybit presents an exclusive staking opportunity with a 20% APR on TON. New Bybit users who make their first deposit after November 6, 2023, can engage in this 7-day Fixed Savings product by staking a minimum of 50 TON and up to a maximum of 4,500 TON.
To take part in the Bybit x TON Odyssey event, visit this page for all the details.
bemo and Megaton Finance unveiled the first farming strategy in TON DeFi
bemo, the first liquid staking protocol on TON, and Megaton Finance, one of the leading AMM-based DEXs on TON, have joined forces to elevate the TON Ecosystem, enhance liquidity, and unlock new DeFi opportunities.
Users depositing TON into bemo's pool receive stTON tokens, representing their share. These stTON tokens can be utilized across any DeFi service without the need to unstake, offering greater flexibility.
The first farming strategy in TON DeFi
As an stTON holder, there's now an opportunity to offer liquidity to the stTON/WTON pools on Megaton DEX and enjoy multiple benefits:
▪️ Receive bemo staking rewards
▪️ Earn trading fees from Megaton
▪️ Accumulate $MEGA incentives
▪️ Gain stXP points from bemo booster
For the latest updates and in-depth insights on this farming strategy, join Megaton’s and bemo’s official Telegram channels.