Explore The Open Network

CoinGecko, CoinMarketCap, and Tontech.io) to align with industry practice as laid out by CoinGecko.

This new figure, effective from 29 May at 17:00 GST, follows an in-depth review of TON Blockchain data and among other things, specifically excludes the following locked or reserved tokens:

— Toncoin in the TON Believers Fund
— Toncoin held by Telegram
— Toncoin held by The Open Network Foundation

huge success: there are already 316 million USDt in circulation!

Before launching the native USDt, the bridged jUSDT fulfilled its role in the TON blockchain.

Along with the launch of native USDt on TON, work has begun on cross-chain solutions that will allow transfers of native USDt from various networks into TON blockchain and vice versa.

Thus, we are proposing to start migrating from jUSDT to the native USDt on TON.

— The perсentage fee in bridge has been removed from the transfer of jUSDT from TON back to Ethereum.

— Over the next few weeks, TON Foundation will add liquidity to the jUSDT-USDt pools on TON DEX(es) for a while to allow small holders of jUSDT be able to exchange them for native USDt on TON DEX(es).

— After two weeks, jUSDT transfers from Ethereum to TON on bridge.ton.org will be closed at 12:00 UTC on June 10. Transfers of jUSDT from TON to Ethereum will work as long as there are jUSDT holders. Other tokens will continue to be processed without changes.

This is a scheduled event, all your funds are safe.
Please consider transferring either your jUSDT back to Ethereum via bridge (for larger amounts) or exchanging your jUSDT to native USDt on DEXes (for smaller amounts).

Notcoin, a miniapp on Telegram, reached 35M active users in just a few months.

In this app, users could earn a game currency “notcoins” by clicking on the screen. Yesterday, the cryptocurrency Notcoin was minted on the TON blockchain and listed on all major cryptoexchanges. All of a sudden, Notcoin users who just played this game for fun could convert their in-game currency into real money

Notcoin instantly became a top-10 cryptocurrency in the world by trading volume, and reached almost $700 million in market capitalization. Imagine — hundreds of millions of dollars in value were created for Telegram users in this miniapp out of nowhere in a matter of months

This amazing success story shows how powerful the Telegram / TON ecosystems are for app developers. Telegram offers app developers more freedom than any other platform, providing unmatched opportunities to leverage social interactions for viral distribution. TON, in turn, provides scale and flexibility for any blockchain project on top of it

We are now seeing a large wave of new miniapps being built on Telegram and TON. Notcoin, the leader of the pack, used its mighty paws to pave the way for many apps to come

Ad revenue sharing — payments and withdrawals in TON.

— Telegram will also launch optional monetization of large public chat groups.

— Announce of a revenue sharing model for tips to creators — withdrawals in TON.

— Telegram will allow users to buy digital goods and services — withdrawals in TON.

— Telegram will tokenize stickers and emoji.

— Tether launched USDt on TON. Tether noted the scalability of the TON blockchain and its low fees.

Recording of the perfomance »

Telegram Ads — a promotion tool designed with privacy in mind.

In March, the Telegram Ad Platform will officially open to all advertisers in nearly a hundred new countries. Channel owners in these countries will start receiving 50% of any revenue that Telegram makes from displaying ads in their channels.

To ensure ad payments and withdrawals are fast and secure, we will exclusively use the TON blockchain. Similar to our approach with Telegram usernames on Fragment, we will sell ads and share revenue with channel owners in Toncoin. This will create a virtuous circle, in which content creators will be able to either cash out their Toncoins — or reinvest them in promoting and upgrading their channels

last post, some people expressed concern that, as a result of ad sales exclusively for TON, Telegram may end up holding an unhealthy share of Toncoin, which will be too concentrated for a decentralized ecosystem. We acknowledge these concerns and have come up with a solution.

To limit Telegram’s share of TON at ≈10% of the supply, we’ll be selling the upcoming surplus of our TON holdings to long-term investors — under 1-4 years lockup and vesting plan, but at a discount to the market price. This way free-floating TON will get locked up, stabilizing the ecosystem and reducing volatility.

Potential investors in TON have been actively trying to reach out to us through various means. To make the process of any TON sales from Telegram fair and streamlined, we set up a new email address investors@telegram.org , where large investors ($1M+) can express their interest. Thanks to the participation of more long-term holders, TON will remain stable and decentralized.

TON Base channel owner announced the start of the Jetton revolution and subsequently initiated a fair distribution of the GRAM coin through mining smart contracts, similar to those used by the Telegram team to distribute TON emission.

Some time ago, a brilliant idea struck me: what if we revive mining in TON and allow token mining with PoW Givers, similar to what was done before with TON.

As a result, the current smart contract pow-testgiver was modified, and now anyone can deploy the contract, send tokens to it, and start PoW mining.

The giver smart contract has been tested and is ready for use; it will be published soon. Currently, a wrapper is being prepared for easy configuration and deployment.

Afterward, gramcoin.org became the first implementation of such a distribution method and achieved overwhelming success within The Open Network community. Currently, only 16% of the emission has been mined, and further mining will proceed at a much slower pace, making $GRAM an even more independent coin, owned by the community.

the publication of my Jetton revolution concept and the launch of $GRAM, I checked the work of miners and went to sleep.

When I woke up the next morning, I was surprised to see that the large givers were drained. Next, someone added liquidity and with the ongoing mining of medium givers, active trading on the DEX platforms has begun. As a result, I'm neither an early miner nor a large holder of $GRAM.

As a developer, I was mainly focused on the technical side of the project instead of buying GPUs or preparing for mining in any other way. I devoted considerable time to testing the contract, assessing the givers' difficulty, creating the website and the mining manual along with maintaining the official channel @gramcoinorg.

Gram is often referred to as "the second bitcoin" thanks to its decentralization. I am glad that Gram was launched on TON Blockchain, developing on its own in a vibrant community of developers and enthusiasts.

I continue to actively watch the unfolding events with great interest.

Let's build together

TON x Telegram;

Performance:

— World blockchain speed and scalability record;

— 80M transactions in 15 days in mainnet;

Tokenomics:

— Achieving transparency and predictability for more than 66% of tokenomics [1] [2] [3];

— Implementation of the mechanism of burning half of the network fees, achieving deflationary in December;

Recognition:

— The Dubai Financial Services Authority added TON;

— Swiss non-profit TON Foundation;

— The Gateway Conference;

Decentralization:

— Deleting the configuration key;

— Network-wide votings has become commonplace;

Usability:

— Lots of updates to wallets, DEX's, staking, bridge and every service in the TON ecosystem;

Integration:

— TON x Trust Wallet, Ledger, Amazon Web Services, Tencent Cloud, Elliptic, Blockchain.com, Animoca Brands, Bitget Wallet, Atomic Wallet, Changelly and many others;

Technology:

— Zero-Knowledge on TON;

— Constant kernel and developer updates;

Read more detailed review and developer report on the blog.