TON Community

2022-09-28 21:45:00 ​The TON grant program

Product developers are one of the highest priorities for The Open Network’s development. Any project that meets specific criteria in the TON ecosystem stands to receive a financial grant from the TON Foundation’s official grant program.

For a team to be eligible to receive a grant, it must submit a form on TON’s site and ensure that its project satisfies three requirements:

The project must prove it can provide some kind of positive use to the TON community.
The project’s code must be open-source.
The project’s development plan must be broken into a few stages, each of which needs no more than $5,000 to complete.

Special attention will be given to projects that offer a unique user experience.

Please note that these grants are not for event organizers (there’s a dedicated TON sponsorship program for that), NFT collectors, and services based on The Open Network.

Commercial organizations can also apply for a grant.

You can find all other information on the grant program and form submissions here:
https://ton.org/en/grants Open / Comment

2022-09-27 22:00:02 The TON Community blog ranked first in viewership growth over the past week on CoinMarketCap.

CoinMarketCap published the top 5 most active crypto blogs in terms of viewers from Sept. 16–22 on its Twitter account.

We’re proud to inform you that the TON Community was tops on the list. Of course, this would have never happened without your help.

If you haven’t already, we ask you to follow the TON Community to help expose Toncoin to more people on CoinMarketCap, the world’s most popular crypto resource site. Open / Comment

2022-09-26 21:00:02 Crypto exchange Bit2me has opened a TON knowledge base.

Last week, one of the biggest crypto exchanges in Southern Europe, Bit2Me, launched a course covering The Open Network in Spanish.

The course offers videos and various resources that go over the different aspects of TON and its services, products, and future.

We’re excited that over 500 million Spanish speakers worldwide now have the tools to gain a deeper understanding of The Open Network’s technologies and philosophies. Open / Comment

2022-09-25 21:37:30 ​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 Sept. 18 to 24 grew from 1,273,722 to 1,295,126 (+1.7%).

News:

Toncoin entered the top 50 cryptocurrencies per market capitalization and the top 5 for PoS tokens.

Former top Binance executive Bill Qian joined the TON Foundation.

The TON Test Challenge, a competition for QA engineers with a total prize pool of $50,000, ended.

The list of ways to buy Toncoin was updated.

The TON Design Challenge is still underway, and designers can still participate.

Registrations for the Hack-a-TON x Prague are still open.

Tonhub opened a contest for interface designers to create a new design for the Tonhub crypto wallet.

Scammer activity was detected. We urge all users to be careful and read this post.

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

2022-09-24 22:44:33 ​Last call for anyone wishing to participate in the TON Test Challenge — and more.

This is the final announcement for those who want to compete in the TON Test Challenge, which ends tomorrow at 21:00 (MSK).

The event is an excellent opportunity for QA engineers to show what they’re made of and — potentially — join the TON Foundation. (The best performers will receive job offers from the TON team.)

You can find more details on how to participate here:
https://ton.org/ton-test-challenge

Meanwhile, we also want to remind you that the TON Design Challenge, a contest for illustrators, is underway and will end on Sept. 30 at 21:00 (MSK).

All artists are welcome to participate:
https://ton.org/ton-design-challenge

And last but not least, don’t forget about the offline hackathon Hack-a-TONx Prague, which kicks off on Sept. 30 in Prague, Czechia.

All details are available in this post:

https://t.me/toncoin/569 Open / Comment

2022-09-24 00:13:41 ​Former Binance executive joins the TON Foundation.

Bill Qian, former head of global fundraising, ventures, and M&A at Binance Labs, which belongs to the world’s biggest crypto exchange, Binance, has become a member of the TON Foundation.

He’ll continue his duties as chairman of Cypher Capital while overseeing the TON ecosystem’s development by recruiting Asian Web2 and Web3 developers.

Qian is a crypto industry veteran and has carved out an illustrious career thus far — he was head of fintech investment at JD.com; he led the investment fund at Trustbridge Partners; and he was the head of Binance Labs.

About his new role at the TON Foundation, Qian said:

“I am more than excited to join the TON Ecosystem. My team and I will bring top-tier Asian Web2 developers from major internet platforms to TON and strive to bring the five billion Web2 users to Web3.”

We’re ecstatic that such a high-profile name in the industry — from Binance, no less — is joining the TON team, so here’s a warm welcome to the TON Foundation’s newest member, Bill Qian. Open / Comment

2022-09-22 21:53:30 What is an IDO?

As you remember, the first IDO in the TON ecosystem is coming up very soon. In this regard, let us remind you what IDO is and what its stages are.

IDO (initial dex offering)—is the opportunity to buy tokens of the project before its appearance on the decentralized exchanges at a fixed price.

1. IDO Announcement
Everything begins with an announcement: prospective investors get acquainted with the project and its team and decide whether it is worth investing in it. It is important at this stage to analyze the project: study the product, the team, and its investors; check what they write about it in the media.

2. Open registration for a token sale
If the project seems interesting, the investor can apply for participation in a token sale. At this stage, it is possible to get the right to redeem the tokens at a reduced price before they are listed on the exchange. Allocations are a limited number of tokens that can be redeemed by a single investor. Buying rights are usually distributed by lottery.

3. Token Sale Day
Investors who are given the opportunity to redeem an allocation can purchase project tokens at a fixed price on the Launchpad. This can be compared to the pre-sale mechanics of NFT collections, where a limited number of users can buy the token they are interested in. Joining the project at this stage is a profitable opportunity to invest in the project before it appears on DEX.

4. Listing the project on DEX for free trading
As soon as the token price goes on DEX, the price of the token goes into free float. At this point every Toncoin holder can buy or sell the project's tokens. Prospective project tokens are usually in high demand, which causes the market price to rise actively from the start of trading.

Be aware of the risks when investing in projects: investments can lead to a total loss of money. No project can promise you instant profits. Do not forget this. Open / Comment

2022-09-22 13:54:53 Toncoin has entered the top 50 cryptocurrencies on CoinMarketCap.

We’re proud to deliver you some fantastic news. CoinMarketCap has concluded its analysis of Toncoin’s market capitalization, raising Toncoin’s ranking to 34th, with a market value of over $1.7 billion and daily trading volume exceeding $20 million.

We are thrilled that the TON blockchain’s native cryptocurrency is ranked so high globally.

We also want to remind you that the TON Community blog is available on CoinMarketCap, and you can subscribe to it by clicking on this link, signing in, and clicking on “Follow.” Open / Comment

2022-09-21 20:31:43 ​Where to buy Toncoin

Here’s an updated roundup of the different ways to obtain the Toncoin cryptocurrency.

Via Telegram:

The @wallet bot is the easiest way to buy Toncoin.

Via centralized exchanges (CEXs):

MEXC: Spot trading is available in the TON/USDT pair.
Huobi Global: Spot trading is available in the TON/USDT pair.
FTX: The TONCOIN/USD pair is available for spot trading and perpetual futures contracts.
OKX: Spot trading is available in the TON/USDT pair.
EXMO: Spot trading is available in the TON/USDT and TON/BTC pairs.
Bit.com: Spot trading is available in the TON/USDT pair.
CoinEx: Spot trading is available in the TON/USDT and TON/BTC pairs.

Mercuryo: A convenient way to buy Toncoin with a bank card.
Neocrypto: Another easy-to-use app where you can buy Toncoin with a bank card.

Via decentralized exchanges (DEXs):

Uniswap: Swap for Toncoin on the world’s biggest DEX.
PancakeSwap: The most popular DEX protocol on BNB Chain.
Biswap: Another prominent DEX.

We recommend people store their Toncoin in non-custodial crypto wallets.

We’ve written about the different ways to store Toncoin here, and you can find a complete list of TON-based crypto wallets here. Open / Comment

2022-09-20 20:50:40 ​Beware: Scammers are popping up.

Unfortunately, we must report to you today that some users have fallen victim to scams lately.

Scammers usually stick to one of two attack vectors:

1. They send a spam transaction of an insignificant sum — e.g., 0.000001 TON — and include a message enticing unsuspecting users to partake in an “official” Toncoin contest or airdrop.

For users to collect their “prize,” the scammers request users send Toncoin or direct them to a phishing site that looks exactly like the real official site ton.org.

Please examine the website’s URL before clicking on a link or going to the site.

2. Another method scammers use is inviting users to participate in various “official” contests, competitions, and events directly on Telegram and other social media.

Here, they use exact copies of different sites and services, including wallet addresses, from the TON ecosystem.

Remember that the project’s official site is ton.org, and you can find a comprehensive list of TON-based wallets in this section: ton.org/wallets

We also recommend you brush up on our rules for digital safety. Open / Comment