TON Community

2022-08-26 19:02:33 The first ever competition for designers on the TON blockchain, the TON Design Challenge!

We’re proud to announce the TON Design Challenge for designers with a total prize fund of $40,000.

The competition has already begun and will end on Sept. 21 at 18:00 (UTC). Participants will split the prize funds, but awards will be paid out in Toncoin.

The task:

Artists are to create at least two animated stickers.

The first sticker must don the TON logo, but there are no restrictions for the second sticker: You can draw anything you want that describes the TON community in an original and unusual fashion.

You can find more details and the technical requirements here:
https://ton.org/ton-design-challenge

Good luck to all the artists participating! Open / Comment

2022-08-25 22:04:26 Validators vs Nominators

If you are familiar with cryptocurrencies, you must have heard about validators and nominators. These words often appear in crypto-related channels (our channel isn't an exception). Now, the time has come to find out who they are – the two major actors ruling the blockchain.

First, let's speak about validators. A validator is a network node that helps keep the blockchain running by verifying (or validating) suggested blocks and allowing to record them in the blockchain. To become a validator, you must follow two requirements: have a high-performance server and obtain a serious amount of TON, 600,000, to make a stake. At the time of writing, there are 227 validators on TON.

It's evident that not everyone can afford to have hundreds of thousand Toncoin on their balance – that's why nominators come into play there. Simply put, the nominator is a user who lends his TON to validators. Every time the validator earns the reward by validating blocks, it is distributed between the involved participants.

Some time ago, Ton Whales ran the first staking pool on TON with the minimum deposit of 50 TON. Later, TON Foundation launched the first open nominator pool. Now, users may stake Toncoin in a fully-decentralized way, starting with 10,000 TON. Open / Comment

2022-08-24 19:18:06 ​An accelerator for TON-based game developers.

TON Play, a Web3-gaming launchpad on The Open Network, is launching an acceleration program for video game creators and offering developers help.

The TON ecosystem continues to see more vital infrastructure-centered projects: launchpads, DEXs, new NFT standards, and user-friendly crypto wallets and services tailored to the masses are actively integrating with Telegram web bots.

These projects are allowing the network’s infrastructure to evolve to open the doors to many more opportunities for GameFi product creators. So, we’re more than happy to recognize TON Play’s initiative.

If you intend to create (or are already in the process) a gaming product on TON, you can submit an application to participate in the accelerator program here:
https://tonplay.typeform.com/to/G9wV8zBC?typeform-source=tonplay.io Open / Comment

2022-08-23 19:48:44 ​The first-ever IDO on The Open Network.

Today, the TON blockchain reached a milestone: The Tonstarter launchpad announced that the Fanzee sports project would be the first in TON’s history to have an IDO.

What’s an IDO?

Without getting bogged down in details, an IDO, or initial decentralized exchange offering, is a way to attract funding for projects in an early stage of development.

An IDO is essentially a method to give a broad audience an opportunity to obtain tokens of a project in early development.

Ideally, an IDO’s distribution procedure benefits everyone: the project gets investments to continue development, and investors receive tokens that could potentially rise in value once it gets listed on a DEX.

Why is this important for the ecosystem?

The network’s inaugural IDO and Tonstarter’s first launch mark a new era for the DeFi market on TON. Private investors will get the chance to invest openly and transparently in up-and-coming services, while crypto projects raise funds as an instrument to develop further.

We’re confident that this is just the first of many IDOs, and once DEXs start popping up, the TON market will surely experience a surge in financial activity.

We’ve already discussed what a launchpad is and published a post on the Web3 sports-centric Fanzee startup, which raised over $2 million in investments.

Disclaimer:

This message does not constitute financial advice. If you invest in crypto products, you thereby incur the risks. Open / Comment

2022-08-22 18:15:52 I'm really impressed by the success of the auction TON recently conducted for their domain/wallet names. Wallet.ton was sold for 215,250 Toncoin (~$260000) while casino.ton was sold for ~$244000.

If TON has been able to achieve these results, imagine how successful Telegram with its 700 million users could be if we put reserved @ usernames, group and channel links for auction. In addition to millions of catchy t.me addresses like @storm or @royal, all four-letter usernames could be made available for sale (@bank, @club, @game, @gift etc).

This would create a new platform where username holders could transfer them to interested parties in protected deals – with ownership secured on the blockchain via NFT-like smart-contracts. Other elements of the Telegram ecosystem, including channels, stickers or emoji, could later also become part of this marketplace.

When it comes to scalability and speed, TON probably has the best technology to host such decentralized sales. Our team can write bullet-proof smart contracts for TON (since it was us who invented its smart-contract language), so we are inclined to try out TON as the underlying blockchain for our future marketplace.

Let's see if we can add a little bit of Web 3.0 to Telegram in the coming weeks. Open / Comment

2022-08-22 10:26:19 Recap - Telegram Night by The Open Network at Korea Blockchain Week

On Aug 8, TON Foundation Head of Incubation, Justin Hyun (@tonkongz), presented to a group of TON curious crypto natives, investors, and developers about The Open Network. Below are the highlights from the event:

Onboarded 78 new TON curious crypto natives to @wallet features on Telegram. Two lucky winners from a raffle won prizes of 200 and 800 TON. After the presentation, several teams with products on competing Layer-1s asked about the possibilities of building and deploying on TON.

TON Alphanonce-VistaLabs Fund (2nd Ecosystem Fund on TON) announced a TON adoption entity, TON Ecosystem Builders (TEB). TEB aims to be what ConsenSys was for the early days of Ethereum. TEB announced the near-term (Sep-Oct) release of a differentiated wallet experience, in-wallet DEX, and more.

TEB announced a partnership with Ozys, a leading DeFi infrastructure provider in Korea with 40+ in-house developers. Ozys has a track record of building bridges and DEXs with combined TVL of $600M+ on competing Layer-1s. Ozys announced the near-term (Sep-Oct) release of a 3rd-party cross-chain bridge and AMM-based DEX.

FS Labs, one of the core TON adoption entity, also had a great presence at the event. It was evident that blockchain knows no borders, and collaboration is crucial for a flourishing ecosystem like TON.

TON Society will have further presence in upcoming conferences and events, and we can't wait to share more exciting news with the TON community! Open / Comment

2022-08-21 18:31:30 ​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 wallet addresses created on TON from Aug. 14 to 20 grew from 1,135,244 to 1,159,119 (+2.1%).

News:

​TON Society launched its TON Liquidity Award Program to increase the total value locked in the ecosystem.

A draft for a new untransferrable NFT standard, called Soulbound, was published, and discussions to make amendments are ongoing and open to anyone who’d like to participate.

The Telegram-based @wallet bot released a significant update.

​The team at Tonstarter launched a bot that automatically places bids on pre-selected domain names for TON DNS auctions.

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

2022-08-20 19:00:10 ​TON Rocket, a Telegram-based crypto wallet.

An overwhelming majority of the TON community is already familiar with Telegram-based crypto wallets @wallet and @cryptobot, but today, we’ll tell you about a lesser-known yet exceptionally convenient crypto wallet called TON Rocket.

It’s the only Telegram crypto wallet that allows users to store, send, and receive TON-based tokens (Jettons) within the messenger.

Users can also trade tokens freely by using the bot’s interface. So far, eight projects have already listed their tokens on the platform.

The bot can send crypto, create cheques, and issue invoices like similar services and has an API solution for developers.

The number of people who use TON Rocket is upward of 100,000.

Please note that TON Rocket is a custodial crypto wallet.

We recommend reading this post to learn the differences between custodial and non-custodial services. Open / Comment

2022-08-19 19:54:13 Introducing TEGRO.MONEY, a service that allows you to make payments in Toncoin.

One of The Open Network’s main goals is to transform Toncoin into a cryptocurrency for the masses and with practical use cases.

It’s always a pleasure to spread the good word on new projects that help TON get one step closer to accomplishing its mission, and today, we’ll tell you about the TEGRO.MONEY service from the crew at Tegro TON.

TEGRO.MONEY is a service that websites can use to collect payments from users in various forms, including the Toncoin cryptocurrency.

The service integrates seamlessly with all sites without having any programming skills. It can also connect to Telegram bots, and fees for transactions paid in Toncoin are only 1%.

Thanks to the Tegro team, over 1,200 sites have already started working with Toncoin, and over 66,000 people actively use the cryptocurrency to pay for various goods and services.

We wish the developers at TEGRO.MONEY all the best and recommend site owners consider integrating the service. Open / Comment

2022-08-17 15:44:23 Introducing a major @wallet update: The popular service now has a new user-friendly interface.

On the home screen, you can see your balance, transaction history, and buy or send Toncoin. You can now buy Toncoin in just a couple of taps without leaving Telegram — you only need to link a bank card to the service once.

There’s no need to chat with the bot to use the wallet: simply add @wallet to the Attachments Menu, start the bot, and send Toncoin directly within chats with your contacts.

If you are still not familiar with the service, right now is a great chance to get to know it: There’s no service fee for purchasing Toncoin, and the exchange rate is as close as possible to the market price.

The developers continue to improve the service, equipping it with better features and making it one of the most integral parts of the TON ecosystem.

Join the Wallet News channel to stay up-to-date with all the latest news. Open / Comment