TON Community

2022-11-30 18:25:17 The blockchain industry was built on the promise of decentralization, but ended up being concentrated in the hands of a few who began to abuse their power. As a result, a lot of people lost their money when FTX, one of the largest exchanges, went bankrupt.

The solution is clear: blockchain-based projects should go back to their roots – decentralization. Cryptocurrency users should switch to trustless transactions and self-hosted wallets that don't rely on any single third party.

We, developers, should steer the blockchain industry away from centralization by building fast and easy-to-use decentralized applications for the masses. Such projects are finally feasible today.

It took only 5 weeks and 5 people including myself to put together Fragment – a fully decentralized auction platform. We were able to do this because Fragment is based on The Open Network, or TON – a blockchain platform that is fast and efficient enough to host popular applications (unlike Ethereum, which unfortunately remains outdated and expensive even after its recent tweaks).

Fragment has been an amazing success, with 50 million USD worth of usernames sold there in less than a month. This week, Fragment will expand beyond usernames.

Telegram's next step is to build a set of decentralized tools, including non-custodial wallets and decentralized exchanges for millions of people to securely trade and store cryptocurrencies. This way we can fix the wrongs caused by the excessive centralization, which let down hundreds of thousands of cryptocurrency users.

The time when the inefficiencies of legacy platforms justified centralization should be long gone. With technologies like TON reaching their potential, the blockchain industry should be finally able to deliver on its core mission – giving the power back to the people. Open / Comment

2022-11-30 18:24:55 In a new post, Pavel Durov shared his thoughts on the FTX collapse, decentralization, mass adoption of blockchain technology, and the success of the Fragment auction platform while mentioning TON.

Durov explained that Telegram plans on creating decentralized exchanges, crypto wallets, and other Web3 services. He also revealed that Fragment would have more to offer than username auctions starting this week. Open / Comment

2022-11-29 13:59:47 A Twitter Space AMA about Web3, TON, and soccer.

Today at 16:00 (UTC), the Getgems marketplace will host a live AMA in Twitter Spaces with representatives of the three TON-based sports projects: Fanzee, Fanton and the World Cup 2022 collection.

Participants are to discuss the FIFA World Cup Qatar and the Web3 projects supporting this grand championship:

How does Web3 interact with the world of sports?
Why are many sports Web2 brands moving to Web3?
Which TON-based projects are involved in creating synergy between Web3 and the world of sports?
How can Web3 and sports integrate in the future?

Join the AMA to participate in a giveaway and get a chance to win one of the special NFTs.

Getgems encourages all sports enthusiasts to join the AMA today at 16:00 (UTC). Open / Comment

2022-11-28 20:14:26 ​A big Christmas NFT contest to win a carol NFT

To celebrate this holiday season with the TON community, we have partnered up with Opulous to throw the Christmas NFT Contest!

Opulous is a blockchain-based platform that lets you invest in music and earn rewards every time it’s played.

Your task:

1. You are to find (or make) a family Christmas photo or image (format: JPG or PNG) that’s funny, thought-provoking, or simply a new take on taking such photos.

2. Submit your image to this chat or reply to one of the pinned tweets on the TON and Opulous Twitter accounts.

Awards:

1. NFT marketplace Getgems will select the best photo or image, mint it as an NFT on TON, and open an auction, with placing the first bid at $1,000.

2. All qualified submitters will get a chance to win a raffle and receive royalties from a special carol remixed by Star.One via MFTs with Opulous, plus some exclusive accompanying art NFTs (50 editions available).

* Star.One are a UK dance act who have just remixed the song 2 Step for Ed Sheeran.

Schedule:

1. The contest kicks off today, Nov. 28, and ends on Dec. 11 (Sun), 2022, at 23:59 GMT.
2. The winners will be announced on Dec. 16 (Fri), 2022.

Good luck to all participants!

You can find the contest rules on this website.

If you have any questions concerning the contest, drop them in the comments section of this post, and our moderators will answer them. Open / Comment

2022-11-27 20:41:56 TON Community Weekly Digest

Here’s a roundup of the ecosystem’s most exciting news from the past seven days.

Network stats update:

The number of new accounts created on TON from Nov. 20 to 26 grew from 1,463,228 to 1,490,742 (+1.9%).

News:

An official Jetton generator on TON, TON Minter was launched. Read more.

Tonscan.org pushed an update that allows anyone to view the source code of all TON Foundation-verified smart contracts.

Guides on providing liquidity for the DeDust and STON.fi decentralized exchanges were published. Read more.

Stay up-to-date with the latest developments brewing in the TON ecosystem by turning on the notifications to this channel. You won’t want to miss a thing! Open / Comment

2022-11-27 17:08:11 ​An official TON token generator

Last week, the TON ecosystem opened its arms to TON Minter, a service developed by the Orbs team that allows users to mint and deploy Jettons on TON. You might have already heard about it since it used to be called Jetton Deployer.

The token generator has been busy lately, undergoing a rebranding, being added to the TON Foundation’s smart contracts, and being added to the ton.org website.

As a result, TON Minter has become an official service for creating altcoins on the TON network.

Minting and launching a Jetton is a streamlined process. Users only need to complete a few quick steps:

1. Navigate to the TON Minter website and connect your TON-based wallet.
2. Set your Jetton’s base parameters: name, ticker symbol, maximum supply, and a logo.
3. Click “Deploy” and pay the network fee.

The newly minted Jettons will be sent to the creator’s address.

Elsewhere in the TON ecosystem is TonHub’s token generator, which also provides a user-friendly experience for creating Jettons. Open / Comment

2022-11-24 21:52:19 ⠀TON Bridge: How does it work and how do the commissions calculate?

We are excited to introduce a new category to our channel: guest posts. Developers and project creators are welcome to contact us to discuss the peculiarities of The Open Network blockchain, and we will happily mention them. Our first guest: @oxlti, protocol architect QubeDAO Network, who is ready to tell you more about TON Bridge. Here we go!

“TON Bridge is a Toncoin bridge that connects the Ethereum and Binance Chain networks (both are EVM blockchains, so the code is almost the same). Toncoin on ETH and BNB is secured by Toncoin on the TON blockchain. To withdraw from the ETH/BNB blockchains in The Open Network, you need to burn the Wrapped Toncoin.

The bridge itself is a miniature of a Proof-of-Stake network (don't confuse it with a blockchain): there are oracles that facilitate the bridge's operation. Therefore, the TON Bridge is a multi-node bridge, which means that it is operated by more than one node. This makes it more secure since, unlike many other bridges with a single node, you will need to get control over 2/3 of all nodes to hack the TON Bridge. As a result, single-node bridges are much easier to hack, whereas each transaction using the TON bridge must be confirmed by a vote of 2/3 of the Oracle stake.

To become an oracle of the bridge (possible for anyone), you need to do almost the same thing validators do: you must have an oracle stake (a deposit of a certain amount of Toncoin), and then specify two public keys for the TON and Ethereum sides.

Each change in configuration (the number of oracles and their stake) is verified by validators.

Oracles must pay since there is no independent inflationary mechanism (like validators) in their activity and it is important to incentivise them to work. For this reason, the commission in the bridge was increased to 5 Toncoin, which is distributed as follows: 3 Toncoin goes to all oracles as payment for their work, and 2 Toncoin goes to pay for transaction gas.”

Recently, the developers of QubeDAO Network succeeded in launching the first oracle on TON (as mentioned earlier). We wish the project the best of luck in its promotion! Open / Comment

2022-11-23 20:23:02 Providing liquidity on TON DEXs

A few days ago, two decentralized exchanges (DEXs) launched in the TON ecosystem: DeDust DEX and STON.fi.

Users can now become liquidity providers, or LPs, for trading pairs on these exchanges and earn TON from transaction fees as a reward.

Each DEX has published a guide on participating in its liquidity pools:

LP guide for DeDust.
LP guide for STON.fi.

If you want to learn what liquidity pools are and why they’re essential, we recommend reading this post.

Disclaimer:

The TON Community and TON Foundation channels have no connections with the platforms mentioned above. Users bear the responsibility of assessing risk when interacting with such services. Open / Comment

2022-11-22 16:56:04 GameFi launchpad TON Play officially goes live.

The platform is ready to onboard gamers and already offers 10 games in the following genres:

Strategy
Shooters
Card games
Finance simulators.

Meanwhile, to celebrate the launch, TON Play has announced two competitions for gamers:

TON Play Lottery

Playing a game will award you tickets every three minutes. Ticket holders will be able to participate in prize giveaways, which will happen over the next five weeks on Sundays.

TON Play Feedback Contest

Participants of this contest will have to play two games and leave reviews for both of them. Winners will be announced on Jan. 1, 2023.

You can find more information on the contests here:
https://t.me/tonplayinsider/132 Open / Comment

2022-11-21 18:41:24 ​TON Community Weekly Digest

Here’s a roundup of the ecosystem’s most exciting news from the past seven days.

Network stats update:

The number of new accounts created on TON from Nov. 13 to 20 grew from 1,423,525 to 1,456,235 (+2.3%).

News:

The TON ecosystem saw two DEXs launch on the same day: STON.fi and DeDust.

Hardware crypto wallet SafePal announced it would add support for TON by the end of 2022. Read more.

There was a large online gathering of Chinese developers meeting with TON Foundation representatives. Read more.

​DWF Labs said it would invest $10 million in the TON ecosystem. Read more.

The TON Foundation named its first two public TON ambassadors. Read more.

Manuel Stotz, a blockchain technology enthusiast and founder of Kingsway Capital, became the newest member of the TON Foundation. Read more.

The TON Foundation published its ecosystem development plans for 2023. Read more.

TON ecosystem developers received some excellent news: Tonhub now allows products to be accessed from within its app extension. Read more.

TON Society initiated a public discussion on the TON Apps suite. Read more.

Stay up-to-date with the latest developments brewing in the TON ecosystem by turning on the notifications to this channel. You won’t want to miss a thing! Open / Comment