TON Community

2023-04-21 16:34:42 Onramp now supports Toncoin (TON) purchases via UPI/IMPS transfers

Onramp, the leading service for converting fiat-to-crypto in India, has integrated support for TON Blockchain. You can now instantly buy Toncoin (TON), as well as more than 200 other cryptocurrencies, with the Indian Rupee (INR) using Onramp. To get started, visit the Onramp website and turn INR into TON today! Open / Comment

2023-04-20 21:00:01 The ton.org website has received a major new update and now includes Portuguese language support

Ton.org, the official website of The Open Network (TON), has recently been updated to provide the community with a more modern interface that enhances the overall user experience. Ton.org is the main source of information and resources for the TON community. The website provides an overview of the our ecosystem's vision, different spheres, roadmap, and governance.

The new ton.org site also now features a Portuguese language option. We believe that language should not be a barrier to access the benefits of TON, and we are committed to providing a multilingual platform that caters to the needs and preferences of our diverse and global community. Open / Comment

2023-04-20 17:38:38 First Stage Labs has released new research on the latest developments in decentralized finance (DeFi) on The Open Network (TON) in Q1, 2023

TON has seen a massive proliferation of DeFi projects and an increase in TVL during Q1, 2023. TON is now laying the groundwork to become one of the leading platforms for DeFi innovation and adoption. In this new Medium post, FSL explores current and future DeFi projects on TON, comparing TON’s performance with other blockchains while identifying the drivers of TON’s TVL growth.

Please check out FSL's latest post and subscribe to the Medium channel for more insights into TON Ecosystem. Open / Comment

2023-04-20 13:21:46 What are stablecoins and how to get them on TON?

A stablecoin is a cryptocurrency whose value is tied to the value of a specific asset — the US dollar, for example. Stablecoins in the TON network are Jettons, which we have covered in depth in our previous post.

Stablecoins can be a reliable tool for storing assets and protecting them from volatile token price fluctuations.

Why are stablecoins necessary for the development of a blockchain?

Stablecoins allow you to easily manage your assets. Unlike traditional financial instruments, you can conduct transactions and payments quickly and easily, avoiding multiple hurdles. This advantage is especially valuable for international transfers, where stable Jettons can substantially speed up the process while reducing fees and currency exchange costs.

The DeFi market on TON is still in its early stages. We hope that in the future there will be a number of new services that actively employ stablecoins: DEXs for futures trading, lending protocols, smart contract casinos, and others.

How to get stablecoins on TON?

Although The Open Network does not yet have its own stablecoin, it is still possible to purchase stable currencies. The RSquad bridge will help you with this.

Today, TON Foundation has finally released a bridge to transfer tokens from the Ethereum network to the TON network and vice versa. The current TON Bridge will be upgraded with new functionality.

The TON Trustless Bridge is planned to go live in the third quarter. It is a special bridge with unique features, whose security is guaranteed by the blockchain itself. Once it’s released, users will be able to create Jettons on other networks.

DeDust DEX | DeDust Telegram | DeDust Chat | Scaleton Open / Comment

2023-04-19 19:16:38 TON Foundation publishes Q1 2023 results

It has been an extremely productive past three months on The Open Network (TON):

The number of registered TON accounts and transactions has increased by 25%.
The TON decentralized finance (DeFi) sphere has grown significantly.
Toncoin (TON) has been listed on two top CEXs, which are currently ranked in CoinMarketCap's top five and 15, respectively.
There have been several core audits on TON.
The TON community as a whole has celebrated a number of important events.

Please read the full report here:
https://telegra.ph/TON--Results-from-Q1-2023-04-18 Open / Comment

2023-04-18 18:09:10 ​TON Foundation's Head of Incubation, Justin Hyun, is one of the judges at Web3Port's Demo Day

Justin Hyun, Head of Incubation at TON Foundation, will be participating as a judge at the Web3Port Entrepreneur Acceleration Winter 2022 Demo Day, an entrepreneur accelerator bootcamp.

Mr Hyun will weigh up the pros and cons of pitches from a variety of startups, including Bluesea, Capshort, INK Finance, SAO Network, Volare, Web3Go, Cyber8Ball, Nama Finance, Prestare Finance, Dsign, Gamephylum, and Autonomy.

The Demo Day begins at 17:00 UTC on April 18, 2023.

TON Foundation will soon start to work with blockchain accelerators and collaborate with some of the most innovative new projects in the Web3 space, who will be contributing to The Open Network (TON) Ecosystem.

Web3Port Entrepreneur Acceleration is a program where all partners can interact with selected startups and help them improve. The goal is to help startups have a product with more users, and to have more options for raising money.

Web3Port Entrepreneur Acceleration is held four times a year with around 20 projects in each batch. All projects will be gathered together for 8-12 weeks to dive into content, courses, and lectures about tokenomics, Web3 product design, fundraising, and community building. Open / Comment

2023-04-18 17:15:00 ​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 stats update:

The number of registered TON accounts increased from 2,463,654 to 2,502,589 (+1.6%) between April 10 and April 16, 2023.

News:

The first unlimited bridge for ERC-20 tokens has been officially released. Read more.

Tonkeeper, the most popular wallet in the TON ecosystem, has released a huge update. The app has enhanced its services and is now even faster, smoother and more convenient. Read more.

TON will take part in the Blockchain Economy Istanbul Summit 2023, the largest blockchain summit in Europe and Asia. The summit will be held in Istanbul on May 10-11, 2023. Read more.

The TON & Company YouTube channel has released an interview with Andrey Pfau, a developer from TON Foundation’s core team. Watch the interview.

We are celebrating TON reaching the major milestone of 2,500,000 accounts. Read more.

Subscribe and be the first to receive updates from The Open Network (TON) Ecosystem. Open / Comment

2023-04-17 19:44:00 The First Unlimited Bridge for ERC-20 tokens is here!

Today, The Open Network (TON) has unveiled its unlimited bridge for ERC-20 tokens. This cross-network token transfer service is a long-awaited development that brings TON one step closer to achieving complete interoperability with other Web3 networks.

With this unlimited bridge, users can now seamlessly transfer ERC-20 tokens between Ethereum and TON. This will significantly expand TON's available pool of liquidity, thereby significantly broadening the possibilities for decentralized finance (DeFi) applications and services within our growing ecosystem.

Read the instructions for use of the bridge here. Open / Comment

2023-04-16 09:09:19 We have just reached 2,500,000 TON accounts!

The 2,500,000th TON Blockchain account has just been created!

The last major milestone of 2,000,000 accounts was reached in January 2023 and since then the network has grown by 25% in less than 3 months.

The Open Network (TON) continues to expand at an incredible rate and we'd like to congratulate the community for this breakthrough achievement! Open / Comment

2023-04-14 20:30:00 ​Rules for digital security

As The Open Network (TON) Ecosystem continues to grow, we’d like to remind you about the basic steps you need to take to stay safe in the cryptocurrency space.

Rule #1: Invest carefully

There are a huge variety of NFT, decentralized finance (DeFi), and GameFi projects operating on TON today. We urge you to carefully study each and every project that you plan to invest in. Unfortunately, there is always the possibility that you could encounter either scammers (such as pump-and-dump schemes) or incompetent project teams.

Rule #2: Store your seed phrase securely

Remember: If you lose your 24-word seed phrase, you’ll lose access to your wallet and digital tokens forever.

Write your seed phrase down on a piece of paper and keep it in a safe place. Never store a screenshot of your seed phrase on your phone or computer.

In short, never store your seed phrase on a device connected to the internet.

It’s also worth reading our “Where can I store my Toncoin?” guide for more information.

Rule #3: Study the cryptocurrency exchange instruction guides

If you want to make a new transaction that you’ve never made before, you should first make a test transaction with a small amount (e.g. 0.5 TON) to make sure that everything is working as it should.

Remember: There are many instances when the cryptocurrency exchange's technical support will not be able to help you with a transaction.

Rule #4: Be careful with P2P transfers

The P2P sphere is especially prone to scammers.

If you buy and sell Toncoin via a P2P marketplace, don’t forget to read the safe trading tips from the @cryptobot team.

Rule #5: Don’t forget that the TON App directory does not represent official projects

A project team only needs to pass a simplified verification, rather than a fully-fledged one, to join the ton.app directory.

Therefore, the fact that a project is part of TON App does not guarantee security.

Rule #6: Don’t trust unfamiliar project teams

This applies to mining pools, staking pools, NFT collections and any project that promises you an income.

Always be skeptical about promises of easy money. Before investing in a project, always try to find an appropriate endorsement or mention in authorative TON materials.

If no mentions are found, then interacting with the project may involve risks and we recommend that you conduct your own research before proceeding any further.

Please follow these simple rules and only trust official TON information sources. Open / Comment