Toncoin
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The Open Network (TON) is putting crypto in every pocket. By building the Web3 ecosystem within Telegram Messenger, TON is giving billions the opportunity to own their digital identity, data, and assets.
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TON x Curve Stableswap Winners: Torch and Crouton

Since the start of 2024, TON has made significant headway in the DeFi space. Crucial for this growth has been the introduction of USDT, allowing for the establishment of major liquidity pools and laying the groundwork for further DeFi primitives like lending solutions and AMM protocols. 

In collaboration with Curve Finance, we organized a stableswap competition that attracted 70 teams, resulting in two winning projects: Torch Finance and Crouton Finance. These projects will leverage Curve’s advanced CFMM technology and build stable swap mini apps on TON blockchain, guaranteeing smooth and efficient exchanges.

TON Foundation will pledge $150,000 to back these projects for audits and initial liquidity, while Curve will serve as an advisor and grant access to the CFMM formula. Moreover, our winning projects have secured $2.3 million in investments from seven venture funds including: 

▪️ TON Ventures
▪️ DWF Labs
▪️ GSR
▪️ Kenetic Capital
▪️ Foresight
▪️ Bitrue Ventures
▪️ Paper Ventures

Now is the time for DeFi teams and investors to join the TON Ecosystem — 2024 will be the year of DeFi on TON!

To learn more read the full blog article, penned by TON DeFi Lead Vlad Degen!
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TON Teleport BTC

In July, we introduced a novel solution that facilitates the trustless transfer of Bitcoin (BTC) between its native network and the TON Blockchain. Most importantly, this solution will be fully decentralized, eliminating the reliance on centralized entities. 

TON Teleport BTC will help transform BTC from an asset that is simply meant to be HODLed into one that can be used for a wide variety of DeFi activities, such as:

▪️trading
▪️yield farming
▪️liquidity provision

Now, we’re finally ready to share more about the bridge and the introduction of BTC on TON at the upcoming Gateway event. You can also join the tgBTC channel now for an early sneak peek.

With TON Teleport BTC, we hope to open up a $10B opportunity for TON Degens and take a step toward making TON the gateway between all cryptos and real-world utility. 

To learn more about why we are building a BTC bridge on TON check out the blog article.
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TON Space hits 100M wallets 

Today at The Gateway in Dubai, Andrew Rogozov, CEO of Wallet and TOP, announced that TON Space has reached 100M wallets and is preparing to exit its beta phase. This non-custodial wallet, integrated within Telegram, will soon feature easier navigation, allowing users to switch between TON Space and Wallet with a simple slider.

Key updates:

▪️ Soon, users can cover transaction fees in TON Space using Telegram Stars.
▪️ An upcoming "TON Space Earn" feature will offer exclusive promotions and rewards.
▪️ With the help of TON Space, creators will be able to launch tokens and NFT giveaways in Telegram groups, channels, and Mini Apps.
▪️ A new aggregator will let users choose where to exchange and stake tokens at the best possible rates.
▪️ To streamline access, a dApp catalog will soon be presented in TON Space that allows users to connect to apps within Telegram.

Join Wallet's channel to learn more.
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TON’s path to decentralization: Society DAO

Talk is easy, action is hard, and no more so than in experimenting true decentralization to Web3! 

Decentralization has always been a key tenet of Web3’s vision. However, current centralized governance models in blockchain ecosystems mean that capital and resources — financial, social, human, and political — accumulate around the foundation, making it difficult for projects to succeed without its official support.

That is why The Open Network Foundation is committing to this head on by introducing Society DAO — a new community-driven governance model to boost decentralization and empower TON’s growing ecosystem. Society DAO is the answer to these challenges by democratizing access to capital and resource allocation. Under this new model, we redistribute resource allocation power, empowering trusted community members to set vision, goals, and strategies in alignment with TON's overall growth. 

The founding members of Society DAO will include TON Core, TON Studio, Wallet in Telegram, and TON Society — teams that have been independently aligned with TON’s mission. 

Society DAO will position the TON community on the right trajectory to become more competitive, decentralized, and resilient. Together, we can drive meaningful change and put crypto in every pocket.

Read the blog to learn more. 
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TON Studio Is Officially Launching! 

Please welcome TON Studio, a project that aims to be the go-to hub for developers who are working to turn their ideas into fully functional dApps.

They intend to enhance the building experience by ensuring top-tier tools, hands-on support, and a streamlined onboarding experience to every developer seeking to contribute to the TON Ecosystem.

Builders can benefit from the comprehensive toolkits, pre-built solutions and community resources available on GitHub. Another powerful feature provided by TON Studio is their management of the Telegram Apps Center.

Apps launched through the Apps Center have the potential to reach millions of Telegram users, and feature in the Trending Apps channel, ensuring their innovations can find a global audience.

Ready to build? Visit the TON Studio website and GitHub page, and stay connected with them for the latest updates! 

Read more in the blog article.
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Have you spotted the Tesla Cybertruck at The Gateway?

Now you can buy your own Cybertruck with TON. 👀

We’re excited to announce that Crypto Autos has now integrated TON! Starting today, TON users can make payments directly on the Crypto Autos platform with Toncoin.

What’s in Store:

▪️ Access exclusive car club memberships
▪️ Dive into elite RWA experiences
▪️ Enjoy special perks for TON users
▪️ And a mini game to play now!

TON brings Web3 to real life — stay tuned for more possibilities ahead! 
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Let the $1.25M memecoin trading battles begin!

Time to trade — we have just launched two exciting memecoin competitions: Cabal Arena and Memecoin Mountain.

Over the next four weeks, Teams or Cabals will be launching and trading new memes in the Cabal Arena to achieve the highest profit and volume. You can create your own group, join an existing one, or just discover new gems emerging on TON Pump by HOT Wallet, BigPump, GasPump, and Wagmi.

Hurry up to register!

Meanwhile, on the Memecoin Mountain, TON meme tokens will compete in the Major and Minor Leagues for top volume, market cap, holder growth, and social engagement. At the end of the season, the top meme communities will receive airdrops & liquidity injections, KOL boosts, and Telegram ads credits. 20 memecoins including $DOGS, $WALL, $REGI, $durev, $UTYA and $MITTENS have already joined!
Check out the leaderboards here.

Who will get the airdrop though?

Only the most active traders, holders and promoters — so now’s the time to engage with the participating memes.
Happy memecoin battles, and may the odds be ever in your favor!

For the latest updates on the battles, join Memelandia on Telegram and X.
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TON Teleport BTC Testnet is Here — Be the First to Mint tgBTC!

TON Teleport BTC testnet is ready! Announced at Gateway 2024, this is a major step in bringing native BTC to TON. We’re inviting the community to join the testnet, mint tgBTC, and discover how BTC can be used within TON’s DeFi ecosystem.

Users who complete the testnet will secure priority participation in the mainnet and exclusive rewards. 

Access will be available through activities like:
▪️ Meme Competitions
▪️ Social Campaigns
▪️ Open League Degen SBT Holders
▪️ TON DeFi Project Campaigns

Join the channel, stay tuned for more updates about testnet, and get ready to unlock BTC’s potential on TON!

Learn more here.
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Live stream started
🤑The Gateway Day 2 is live!

👉 Tune in on YouTube: link
👉 Tune in on Telegram: link
Please open Telegram to view this post
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Forwarded from TON Community
TON Society is seeing signs!

Announcing: TON Society x Sign.
TokenTable enables airdrops to massive user bases. Having successfully airdropped $DOGS to 2.5 millions of users, we thought it was time Onchain Badges began to get something back for their activity.

With 3.6M onchain badges distributed, TON Society captures real user activity and can provide projects a direct route to the most active users on TON.

Coming soon: TokenTable will integrate a Badge score to allow projects to airdrop token supply to all Onchain Badge holders.

LFS 😎
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Meet The Gateway 2024 Diamond Sponsors: @Soar_Fun

SoarFun combines high-frequency trading with blockchain mining, offering advanced trading bots, a seamless user experience, and robust privacy protection. Perfect for both seasoned traders and Web3 newcomers, SoarFun lets you capitalize on market fluctuations with rapid transactions for impressive returns.

Soar with SoarFun and discover the power of trading!
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The Gateway 2024: Key Announcements from TON

TON made some exciting reveals at The Gateway event, setting the stage for what’s next in the ecosystem.

▪️ TON announced Society DAO to drive decentralized governance.
▪️ TON Space reached 100M wallets; new features are coming soon.
▪️ TON Teleport BTC testnet is ready — be the first to mint tgBTC.
▪️ $1.25M Memecoin Competitions are underway!
▪️ Holders.io announced their self custodial cards in partnership with VISA.

Watch the full recording of Day 1.

More to come. LFG
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