TON Community

05 January 2024 18:00

​TON Ecosystem Roundup: Spotlight on Liquid Staking

The TON Blockchain is experiencing a surge in liquid staking, an innovative aspect of DeFi allowing asset liquidity while participating in network security. The five key projects in this field are:

Tonstakers
Tonstakers has over $35 million Total Value Locked (TVL) from more than 11,000 clients. The platform has been rated as the most secure liquid staking protocol on TON by Certik. Accessible from all major wallets, Tonstakers has established itself as a trusted partner in the TON Ecosystem, offering reliable and secure staking services.

bemo
bemo engages over 2,000 unique wallets with a TVL of $18 million. It is distinguished for its security measures, including multiple audits. The platform's recent innovations include the largest incentive program on TON and the introduction of the first farming strategy. Looking ahead, bemo aims to launch a TON native stablecoin and a yield-generating product tailored for TON investors and DeFi users.

Stakee
Stakee emphasizes simplicity, reliability, and maximum earnings for its users, with a focus on low fees, seamless Telegram integration, and a track record of proven validators since 2021. It is showing promise in the field as more than 1 million Toncoin was staked in the platform within 24 hours since its launch. The current TVL is at 2.3 million Toncoin ($4.5 million).

Ton Whales
Ton Whales has launched a new liquid pool for exchanging TON for wsTON, enhancing their staking services which include validator maintenance. The project has reached a milestone with 31 million Toncoin in staking and over 1 million ($2.5 million) in the liquid pool, and is looking to expand into mobile wallets.

Hipo
Hipo, a community-driven and open-source platform, has reached a TVL of $2.5 million since its launch on October 30, 2023. Known for its robust security audits, Hipo is advancing with the introduction of the $HPO token and an upcoming version upgrade focused on reduced fees and enhanced protocol compatibility. Future plans include the rollout of Hipo's tokenomics and the distribution of its governance token.

Research: TON Liquid Staking Landscape
re:doubt and Whiterabbit recently conducted detailed research to uncover the dynamic landscape of liquid staking on TON.

For the in-depth analysis and to find out why the TON liquid staking market is poised for substantial growth, read the full research here.

TON Community

04 January 2024 09:30

​MyTonWallet unveils version v17

MyTonWallet has announced the release of version v17. Building on its commitment to innovation and security, v17 is packed with features designed to make your interactions smoother, safer, and more intuitive.

Notable improvements and features introduced in version v17 include:

▪️ Mobile apps: MyTonWallet is now available for both iOS and Android.
▪️ New staking features: Experience staking with no deposit amount limits and enjoy one of the highest yields among all TON staking options.
▪️ Swap functionality: The real-time analysis of all existing TON DEXs ensures users get the most favorable rates for swaps.
▪️ Cross-chain swaps: Users can seamlessly trade TON for USDT, USDC, BTC, ETH, and LTC in the new MyTonWallet app.
▪️ Enhanced security: Add an extra layer of protection with fingerprint or system password authorization.
▪️ Base currency selection: Customize your experience by selecting your preferred currency for displaying prices in the settings.
▪️ New browser extensions: Extend your MyTonWallet experience to Firefox and Edge with the new browser extensions.

For further details, read this post and download MyTonWallet from its official website here.

TON Community

29 December 2023 12:03

Introducing profiles on TON Society

TON Society is a vibrant community that brings together a diverse group of individuals, including contributors, hub developers and ambassadors, who share a common vision for the future of TON.

You can now discover a wealth of expertise and experience as you delve into the profiles of past event participants. Connect your wallet to personalize your profile, fostering deeper connections within this thriving community.

This initiative aims to strengthen bonds and enhance collaborative opportunities. To learn more and engage with fellow members, visit TON Society and explore the plethora of activities and upcoming events.

TON Community

27 December 2023 14:45

🛷 Our New Year Challenge has just started!

Complete daily tasks on the event page and enter the raffle for the chance to win a share of 5,000 TON, 100 one-year Telegram Premium subscriptions and exclusive Egg Fight Club NFTs! 🎁

How to participate?

The New Year Challenge will run from December 26 to 30. New tasks will appear daily at 08:00 UTC in the Community Bot. You need to complete all 4 tasks to get an exclusive Egg Fight Club NFT and enter the raffle to win a prize pool of 5,000 TON and 100 one-year Telegram Premium subscriptions. Detailed rules about the New Year Challenge can be found at the links below.

Challenge Rules and FAQ
Terms and Conditions

🧸 Please note that you need to complete all 4 tasks to participate in the raffle. The raffle will be held live on our global Telegram channel on January 2 at 12:00 UTC. All prizes will be delivered within 48 hours after the winners have been announced.

TON Community

26 December 2023 12:03

Festive surprise drop with Pearls by Gems

Pearls by Gems has announced a special surprise drop to celebrate the festive season. This unique space offers the chance to receive digital collectibles for free, featuring curated collaborations with artists, creators, and various projects.

The upcoming drop promises to be a thrilling event, with all participants guaranteed to receive a present. Additionally, some lucky individuals will have the opportunity to acquire the most rare pearls in the collection.

This event presents a fantastic opportunity for members of the TON Community to engage with the world of digital collectibles and celebrate the holiday season.

To take part in this festive event, participants are required to connect their wallets to the @pearls_drop_bot on Telegram. It is important to complete this process before the deadline of December 28, 2023, 9:00 AM UTC. After linking the wallets, participants simply need to wait for the drop to occur.

Don't miss out on this exclusive festive opportunity.

TON Community

22 December 2023 15:31

TON processed over 80 million inscriptions transactions in 15 days

TON Community is delighted to see the work to supercharge the network led to the successful launch of Inscriptions on TON. While other networks attempt to ban such demanding levels of transactions, TON evolved to carry the load with open arms. There were issues, but they led to great learnings that will shape how TON evolves to even greater levels of scale.

Since TON20 inscriptions launched - 98,945 unique users have made over 80 million transactions. Transactions per second have consistently held above 300 in over a week of minting activity, at one point reaching a peak of 649, a new record for TON Mainnet. TON’s dynamic sharding was in full swing, splitting into a peak of 16 shardchains. At the same time, transaction costs remained fixed and low at an average of ~$0.004 per transaction. In a community-led effort, crucial infrastructure was upgraded, including liteservers, APIs, and message delivery services. Special thanks to TON Diamonds, who set up additional liteservers, and GetBlock, who provided free RPC nodes for key projects.

The road to putting crypto in every pocket and making TON the most scalable blockchain on the planet was never going to be easy, but stress tests will always strengthen our ecosystem.

Read this blog to learn more about Inscriptions on TON and read this report for a full technical report on how TON conquered the issues. Plus, check out the inscriptions protocols on TON: @tonano_announcement and launching today @Gram_Announcement

Disclaimer: Nothing written in this post constitutes an official endorsement by TON Foundation. It is for the purposes of education and should not be considered advice to use these protocols that do carry significant risks.

TON Community

21 December 2023 14:30

​Animoca Brands' in-depth TON Blockchain research unveiled

In November 2023, Animoca Brands, a Web3 leader in digital property rights for gaming and the open metaverse, became TON Blockchain’s largest validator and revealed their support plans for third-party gaming and GameFi projects within the TON Ecosystem. Learn more here.

Before cementing their strategic investment in TON, Animoca Brands performed extensive research to evaluate the network's potential and future trajectory.

The highlights from their recently released reports include:

▪️ TON is envisioned as a pioneer in mainstream crypto, thanks to its ease of use and seamless integration with Telegram.
▪️ The potential of TON as an everyday digital currency is underscored by its user-focused design paired with Telegram's vast user base of 800 million.
▪️ TON's innovative infrastructure is highly scalable, and capable of managing high transaction volumes at speeds never before seen in the industry. While maintaining low costs and high levels of security.
▪️ The strategic importance of TON's efficient network is discussed, highlighting its support for scalable dApps and a thriving DeFi ecosystem.

To underscore how excited Animoca Brands is about TON, we spoke to Yat Siu, Co-Founder of Animoca Brands in a CoinMarketCap Live event, where he said: "Telegram is the Web3 messaging platform, and there was no good way of integrating Web3 into Telegram until TON. Now, we plan to launch many of our games through Telegram, and we believe TON has great potential for the entire industry." For more insights, listen to the full recording of the CoinMarketCap Live here.

Discover the detailed analysis and future prospects of TON in these comprehensive reports:

▪️ "Role and Potential of TON in Mainstream Cryptocurrencies"
▪️ "TON's Scalable Infrastructure Foundation"

TON Community

20 December 2023 14:30

​HackenProof launches new bug bounty program to enhance TON Ecosystem’s security

TON Foundation has joined forces with HackenProof, a leading bug bounty platform known for its work with exchanges, protocols, and blockchain ecosystems. This collaboration is set to bolster the security landscape of the TON Ecosystem by leveraging HackenProof's extensive global network of hackers and professional security researchers.

HackenProof will initiate bug bounty programs specifically for TON Ecosystem projects, starting with the launch of three projects: @evaaprotocol, @TonDiamonds, and @stonfidex. To support these efforts, TON Foundation will enhance the accessibility of these bug bounty programs with tailor-made launching conditions.

The collaboration underscores the importance of robust security in the blockchain space and the role of community engagement in achieving this goal. All TON Ecosystem projects are encouraged to participate in the HackenProof bug bounty platform, taking a proactive step towards fortifying their security.

For more information, visit this page.

TON Community

20 December 2023 11:00

Dive into the future of Web3 and GameFi on Telegram with today’s CoinMarketCap Live

Join today's CoinMarketCap Live to discover how TON and Telegram are putting crypto in every pocket and transforming the Web3 landscape.

Don't miss insights from John Hyman (Chief Investment Officer at Telegram), Steve Yun (President at TON Foundation), Yat Siu (Co-Founder of Animoca Brands), and Ryan Dennis (Director of Brand and Communications at TON Foundation).

Date: December 20, 2023
Time: 1 PM UTC

Click here to join the session.

TON Community

18 December 2023 13:30

​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 3,947,236 to 4,043,474 (+2.4%) between December 11 and December 17, 2023.

Ecosystem News:

▪️ Ledger hardware wallets added support for TON, allowing users to securely store Toncoin and other TON tokens (jettons) with the highest security standards. Read more here.

▪️ The introduction of Compressed NFTs (cNFTs) on TON has significantly reduced minting costs, with the @Getgems NFT marketplace releasing over 75,000 cNFTs at a fraction of the usual minting price, marking the beginning of a new era in NFT creation and accessibility. Read more here.

▪️ OKX collaborated with TON to launch the TONomania campaign, starting with Phase 1, where eligible participants can "Learn & Earn" by completing a quiz in the OKX app to win a share of the 8,000 Toncoin prize pool. Read more here.

Subscribe and be the first to receive updates from the TON Ecosystem.

TON Community

13 December 2023 19:45

​Ledger hardware wallets now support TON

Ledger, one of the most popular hardware wallets in the world, has integrated support for TON. You can now securely store your Toncoin (TON) and other TON tokens (jettons) on Ledger hardware wallets, ensuring the highest security standards for your digital assets.

To store Toncoin and TON tokens (jettons) on Ledger devices, follow these simple steps:

▪️ Download and install Ledger Live on your computer.
▪️ Update the firmware of your Ledger Nano S / Nano S Plus / Nano X.
▪️ Install the TON Network (TON) app on your Ledger device through Ledger Live.
▪️ Access MyTonWallet and install the browser extension for Chrome or download the desktop client.
▪️ Open the extension, click 'Import from Ledger,' and connect your Ledger device.
▪️ Confirm the connection on your Ledger device and MyTonWallet.
▪️ Choose a TON account from the list and add it to your dashboard.
▪️ Navigate to the dashboard, click 'Receive,' and copy your Ledger TON address for secure transactions.

Please note, while TON NFTs can be stored on Ledger devices, they currently do not display in the wallet interface. This feature is expected to be added in the future.

For a comprehensive guide on how to store and manage your Toncoin and other TON tokens (jettons) using Ledger and MyTonWallet, refer to Ledger’s detailed blog post.

TON Community

11 December 2023 15:34

Network Notification
The Open Network upgrades are helping the network deal with increased load. TON has continued to be fully operational. From 11 am to 2 pm UTC, TON processed 2,363,002 million transactions, reaching a peak TPS of 371.

The exponential growth in network activity impacted certain services. However, most have been upgraded in the last hours and are now operating normally. Thank you for your patience as the network and its infrastructure begin to cater to the demands of mass adoption.

Normal services from centralized exchanges should resume shortly.

TON Community

11 December 2023 12:00

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 3,890,436 to 3,947,236 (+1.4%) between December 4 and December 10, 2023.

Ecosystem News:

▪️ Bitget Wallet, Asia's largest all-in-one Web3 trading wallet with over 12 million users, has integrated TON Mainnet, allowing users to easily add TON. Read more here.

▪️ We gathered some of the key highlights from Gateway, TON's first in-person conference, where over 500 attendees joined to witness significant announcements and exciting developments in the TON Ecosystem. Read more here.

▪️ On December 5, 2023, TON experienced a surge in network activity due to the launch of the TON20 inscription use-case by the Tonano team, resulting in over 2 million transactions and showcasing dynamic sharding technology in action. Read more here.

▪️ The TON Blockchain experienced reduced performance due to a transaction backlog. Now, all network services are operating normally thanks to the quick response from TON validators and community projects. Read more here.

Subscribe and be the first to receive updates from the TON Ecosystem.

TON Community

08 December 2023 13:19

Transactions Delay Update

Yesterday marked a pivotal moment for our decentralized community; coming together with unprecedented collaboration. We made the necessary steps back toward the high standard of operations the TON Community expects.

The focus was stopping the transaction queue from growing, which has been achieved and meant:
▪Working with the Tonano team to pause mints and stop transaction growth.
▪Working with Fragment team to pause auctions and protect user’s digital assets.
▪Contacting +70% of all independent validators to begin upgrading using the patch provided. Any remaining validators can get in touch via this form.
▪Removed some of the poor-performing validators, running on rate-limited bandwidth.

Today, our focus is on efficiently processing the backlog in the transaction queue.

To do that we have just released a second validator upgrade here, and with faster routes of communication to +70% of validators, a resolution is near.

Track TON back to full performance in real time!
In true TON community fashion, the most necessary components are being built by the community! Tonkeeper has created a dashboard to track the network decongestion in near real-time.

You’ll see two charts on the dashboard, pictured above.

▪Chart 1 shows the cumulative amount of delayed transactions. Until it drops to zero, the network can only process very few new transactions.
▪Chart 2 shows the rate of congestion/decongestion. Values below zero indicate increasing congestion, and values above zero indicate clearance of the transactions.

In the next 10-20 hours, we expect to see an increase in the rate of decongestion as more and faster validators will join the next validation round.

https://tonviewer.com/blackout

TON Community

07 December 2023 13:09

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.

TON Community

05 January 2024 12:00

​The Open Network Year in Review: 2023

As we step into 2024, let's take a moment to look back at the transformative year that was 2023 for TON.

Our Year in Review summarizes the network's progress, highlighting the events and milestones that have taken the ecosystem to new heights.

Key moments of 2023:

▪️World Blockchain Speed Record: TON shattered records in the first third-party verified live speed test by processing 104,715 transactions per second, surpassing all competitor blockchains and conventional payment systems like Visa.

▪️Integration with Telegram: TON’s groundbreaking collaboration with Telegram led to the integration of the self-custody TON Space wallet into the platform. This redefined blockchain accessibility and for the first time put crypto into the pockets of millions.

▪️The Gateway in Dubai: TON's inaugural in-person conference, attended by over 600 enthusiasts, featured major ecosystem announcements. It showcased the community's commitment to developing a Web3 SuperApp on Telegram, introduced The Open League incentives program, and unveiled plans for a series of significant technical developments, including a new L2 for TON Payments, the TON Teleport decentralized multi-chain bridge, and TON Browser.

We'd like to thank the entire TON Community for your support and wish you all a Happy New Year. Together, we have firmly established ourselves on the Web3 map.

As we embark on 2024, some big collaborations and exciting projects are in the works. These include the full rollout of @Wallet to all Telegram users, the official launch of The Open League, the introduction of native stablecoins on TON, and new levels of interoperability between TON and the broader Web3 world with TON Teleport.

To find out more about TON’s strategic partnerships, technical achievements, and developments in 2023, check out the full blog post here.

TON Community

02 January 2024 14:00

​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 4,174,537 to 4,330,766 (+3.7%) between December 25 and December 31, 2023.

Ecosystem News:

▪️ Pearls by Gems announced a special festive surprise drop, offering participants the chance to receive digital collectibles for free. Read more here.

▪️ Playmuse launched a Telegram Mini App (TMA) that allows users to access exclusive content by purchasing NFTs from creators' collections. Verify NFTs and gain access to private channels or chats linked to the NFTs. Read more here.

▪️ STON.fi, TON Punks, Storm Trade, Tonstarter, EVAA Protocol, Getgems, and TON Diamonds teamed up for TON Winter Fest, a bounty campaign with a $30,000 prize fund. Read more here.

▪️ TON Society introduced profiles for its diverse community members, allowing users to personalize their profiles by connecting their wallets and fostering deeper connections within the community. Read more here.

Subscribe and be the first to receive updates from the TON Ecosystem.

Happy New Year! 🎉

TON Community

28 December 2023 12:03

TON Winter Fest

This festive season, STON.fi, TON Punks, Storm Trade, Tonstarter, EVAA Protocol, Getgems, and TON Diamonds come together to launch the TON Winter Fest, a grand bounty campaign with a $30,000 prize fund.

To participate, individuals need to click this link, connect their TON wallet, and start completing tasks from different projects. The event includes earning points through subscriptions and on-chain activities, allowing participants to compete and try to score as many points as possible, enhancing their chances of winning.

The rewards will be sent to participants who have accumulated the most points, distributed in TON and tokens from the organizing projects. Additionally, a number of random participants will be selected through a sophisticated random number generator, with the likelihood of winning increasing with more points earned.

Join the TON Winter Fest here.

TON Community

27 December 2023 12:03

Playmuse has launched a Telegram Mini App for creative communities

Playmuse, a TON-based Web3 service tailored for creative professionals, has unveiled its Telegram Mini App (TMA). This launch marks a significant development for individuals engaged in diverse creative pursuits such as music production, filmmaking, blogging, managing Telegram channels, and streaming.

At the core of Playmuse's offering is the ability for users to engage with NFTs in a unique manner. Creators can not only release, buy, and sell NFTs as representations of various content forms but also utilize these NFTs as keys to unlock exclusive access to closed groups or events within communities.

The launch of Playmuse's TMA enhances the ease of accessing exclusive content. Here's how it works: A content creator releases a collection on the Playmuse marketplace. When a user purchases an NFT from this collection, they can then open the TMA for verification of the NFT. Once verified, they gain access to private channels or chats linked to that NFT.

Moreover, Playmuse allows for collections to be interconnected with various communities, offering a seamless experience for users. It also supports importing collections from other marketplaces, broadening the scope for creative expression and collaboration. Esteemed artists like Antoha MC, Sorry Jesus, Notahash, who famously composed a track inspired by Pavel Durov's wallet, are among the many who have embraced this media service.

To explore this platform and potentially earn rewards for your content, you can launch a TMA here (the launch is scheduled at 27.12.2023, 14:00 UTC) Join Playmuse’s official Telegram channel to learn more.

TON Community

25 December 2023 11:00

​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 4,043,474 to 4,174,537 (+3.2%) between December 18 and December 24, 2023.

Ecosystem News:

▪️ Foresight X and TonUP launched a $200,000 grants program for the TON Ecosystem. Aiming to fund over 20 TON-based projects, this initiative focuses on startups developing upper-layer apps and Telegram Mini App integrations. Read more here.

▪️ Last week's CoinMarketCap Live featured discussions on the future of Web3 and GameFi with Telegram and TON. Listen to the full recording here and read more here.

▪️ HackenProof and TON Foundation teamed up to launch a new bug bounty program. It is aimed at enhancing TON Ecosystem's security by leveraging HackenProof's extensive global network of hackers and professional security researchers. Read more here.

▪️ Layerswap has integrated TON, enhancing user access to the TON Network from over 40 sources, including major blockchain networks, popular exchanges, and fiat via Stripe. Read more here.

▪️ Animoca Brands, now TON Blockchain's largest validator, released in-depth research on TON, highlighting its potential in mainstream crypto and GameFi, among other aspects. Read more here.

▪️ Ton Raffles introduced the fair launch method for its $RAFF token sale in the TON Ecosystem, attracting 2,151 participants and a deposit of 197,493.69 TON, showcasing TON's commitment to innovation and transparent project launches. Read more here.

▪️ TON achieved a significant milestone by processing over 80 million Inscriptions transactions in just 15 days, showcasing its robust scalability and dynamic sharding capabilities. Read more here.

Happy Holidays to all TON Community members! 🎄

TON Community

22 December 2023 10:00

​Introducing fair launches in the TON Ecosystem with Ton Raffles

Ton Raffles has pioneered a new era in the TON Blockchain with the introduction of the fair launch method for its $RAFF token sale. This innovative approach marks a first in the TON Ecosystem, leveling the playing field for all participants. The fair launch ensures that every participant has an equal opportunity from the very start, up until the token's listing on DEX.

Despite facing numerous challenges, Ton Raffles has achieved remarkable milestones:

▪️ A participation of 2,151 individuals.
▪️ An impressive total of 197,493.69 TON deposited, equivalent to approximately $420,000.

This successful launch not only highlights the growing interest in projects developed on TON but also demonstrates the practicality and effectiveness of fair launches. By adopting this method, Ton Raffles has enhanced the standards of transparency and fairness in crypto project launches, offering equal opportunities to all participants.

The success of the Ton Raffles event is a testament to the continuous development and growth of the TON Blockchain. It underscores TON's dedication to innovation, its ability to attract a broader audience, and its contribution towards enriching the diversity and growth of the ecosystem.

Join the official Ton Raffles community at @tonraffles_en for future updates.

TON Community

21 December 2023 12:00

Layerswap integrates TON

Layerswap has integrated TON, paving the way for users to access the TON Network from a multitude of ecosystems effortlessly.

Known for its fast and reliable crypto transfer services across networks and exchanges, Layerswap processes millions in daily transaction volumes. Their mission is to provide freedom in moving your crypto anywhere you desire. Currently, their app supports 28 EVM and non-EVM chains, 18 centralized exchanges, and fiat onramping via Stripe.

By supporting TON, Layerswap enables users to seamlessly and securely move funds to TON from over 40 sources. This includes major blockchain networks (such as Ethereum, Polygon, Arbitrum, Optimism, zkSync, Starknet, etc.), popular exchanges (like Coinbase, Binance, KuCoin, Bybit, etc.), and fiat through Stripe.

For more information, refer to Layerswap’s announcement here.

TON Community

20 December 2023 14:00

CoinMarketCap Live just started! Tune in: https://bit.ly/CMCLive_Ton

TON Community

19 December 2023 09:30

​Foresight X and TonUP launch $200,000 grants program for the TON Ecosystem

In a significant move aiming to enhance the TON Ecosystem, Foresight X, the accelerator arm of the prominent Asian investment firm Foresight Ventures, has partnered with TonUP, a leading launchpad on TON, to initiate a $200,000 grants program.

This collaboration between TonUP and Foresight X aims to fund more than 20 TON-based projects. Having benefited themselves from the TON Foundation grants program, TonUP understands the pivotal role such grants play in supporting startup teams.

The primary focus of this grants program is to nurture startups that are working on developing upper-layer applications within the TON Ecosystem, as well as those integrating use cases for Telegram Mini Apps.

Additionally, TonUP has announced the upcoming Initial DEX Offering (IDO) of their $UP native token, scheduled for December 20, 2023, and exclusively available on TonUP.io. This development marks another milestone in their ongoing efforts to contribute to the TON Ecosystem's growth and diversification.

Learn more about TonUP's IDO here.

TON Community

14 December 2023 15:18

​TONomania Phase 1

OKX, one of the first exchanges to list Toncoin (TON) and one of the world's leading cryptocurrency exchanges, has joined forces with TON to introduce TONomania – a series of engaging events and opportunities.

This campaign unfolds in three phases. Phase 1 kicks off today, December 14, 2023, and runs until December 28, 2023. Get ready to "Learn & Earn" and win a share of the 8,000 Toncoin prize pool. Terms and Conditions apply.

How to participate?
It's simple - complete the quiz in the OKX app to earn up to 5 Toncoin.

The details of the next two phases will be unveiled in the coming weeks. Additionally, mark your calendars for three informative AMA sessions covering the TONomania campaign, TON Ecosystem, and TON Community, scheduled for December 14, 18, and 21, 2023. All three sessions will be hosted on OKX’s official YouTube and Telegram channels.

Don't miss the first one today, December 14, 2023, at 17:00 UTC, featuring Anthony Tsivarev, Director of Ecosystem Development at TON Foundation. Watch here: /channel/okx_ru?livestream

Learn about the details and embark on your TONomania journey today here.

TON Community

12 December 2023 17:20

​The dawn of cNFTs on TON

The Compressed NFT (cNFT) format has recently gained popularity, enabling the creation of extensive collections ranging from hundreds of thousands to a million items — all achievable at a fraction of the minting cost.

The first cNFT use cases on TON took place recently, marking the beginning of a new era. The team behind the @Getgems NFT marketplace:

▪️ Released over 75,000 cNFTs as part of the Egg Fight Club game, where egg-cNFTs serve as gaming assets in the fight for the grand prize. In this initial attempt, the minting price of cNFTs was approximately 40 times cheaper than typical NFT mints.

▪️ Unveiled the first Pearls by Gems drop in collaboration with the creators of Lost Dogs: "Lost Dogs: Consequences" collection, featuring postcards of varying rarity and the backstory of the long-lost world.

Minting 16,191 cNFTs in the Pearls drop cost just 1.5 Toncoin. Typically, a collection of this scale would cost around 800 Toncoin. Thanks to the cNFT standard, the cost has been reduced by more than 533 times.

Join the Pearls Drop channel and pre-authorize your wallet with @pearls_drop_bot for upcoming cNFT drops. To learn more about cNFTs, read this post.

TON Community

11 December 2023 13:38

Network Notification
Due to the exponential growth in network activity, some services on the network infrastructure may experience some disruptions. Centralized exchanges may not be able to process deposits and withdrawals due to these disruptions.

TON Community

09 December 2023 15:20

TON Network Online: A Heartfelt Thanks to TON Community
As of 7:20 AM UTC today, The Open Network (TON) has effectively resolved the recent network congestion issues, thanks to upgrades implemented by TON validators. This advancement has enabled the network to process transactions swiftly and seamlessly, ensuring the safety and security of all user assets during the slowdown.

The network performed effectively during decongestion processing up to 65,000 transactions per minute at its peak. However, there have been some significant lessons learned here, and still remain some challenges to address with introducing slashing for underperforming validators, and continuing to upgrade the validator network with the best hardware and routes of communication. In part the solution is already integrated into our network's architecture, but there will be further upgrades and we are already significantly better positioned to handle similar scenarios in the future.

Throughout this event, a significant milestone for the blockchain was realized - 200 million transactions have successfully been processed.

Our heartfelt gratitude goes out to our community for your patience and support during this time. We extend special thanks to all the validators as well as Tonano, Fragment, @Wallet, Tonkeeper, TON API, dTON, re:doubt and Orbs teams for their exceptional efforts and collaboration, which were instrumental in stabilizing the network, and communicating the status to TON Community.

As we move forward and services resume, we anticipate a smooth transition, although minor delays might occur as teams resume full services. We've set up a direct contact form for those who need personalized assistance. Your trust and cooperation have been invaluable, and we remain dedicated to continually enhancing the TON experience. Thank you for being with us on this journey.

TON Community

07 December 2023 22:17

Call for Network Validators to get in contact!
The TON blockchain is experiencing reduced performance now due to a backlog of transactions in the queue to be validated. We’ve received a response from many validators on the network who have already upgraded using the patch provided this morning.

However, there are still some we have been unable to reach. We need to collect the machine specifications from all validators to progress the upgrade as quickly as possible. If you maintain a TON validator node, please get in touch with us urgently so we can resolve the network performance issues.

You can reach the team via this google form. If you know someone who maintains a validator node on TON, please also feel free to forward this message.

TON Community

05 December 2023 15:00

​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.