What’s a launchpad?
A launchpad is a platform that helps crypto startups to attract early-stage investing and funding.
Launchpads have become a popular means to raise money in the crytpoverse since they bring investors and project creators closer to collaborate.
On one side of the aisle, there are the creators of blockchain projects who want to make a public announcement about their new products and begin crowdfunding.
On the other side of the aisle are tokenholders who get the opportunity to invest in an idea that has the potential to transform into a big and profitable business.
Example:
Suppose a passionate team wants to launch a crypto exchange.
The team can go to a launchpad and announce its idea to the platform’s large audience. It would share details about what kind of experience the team members have, post its roadmap, exhibit features or functionalities, and make prototypes available for testing.
If the launchpad’s users believe the project has potential, they could buy the project’s tokens at a discounted price, and in exchange, the project’s founders would receive financing.
A launchpad’s main purpose is to provide transparent interactions between the platform’s audience and the project’s creators.
One such launchpad in the TON ecosystem is the Tonstarter project, which has recently unveiled a UI prototype and is actively working on a full release.
A launchpad is a platform that helps crypto startups to attract early-stage investing and funding.
Launchpads have become a popular means to raise money in the crytpoverse since they bring investors and project creators closer to collaborate.
On one side of the aisle, there are the creators of blockchain projects who want to make a public announcement about their new products and begin crowdfunding.
On the other side of the aisle are tokenholders who get the opportunity to invest in an idea that has the potential to transform into a big and profitable business.
Example:
Suppose a passionate team wants to launch a crypto exchange.
The team can go to a launchpad and announce its idea to the platform’s large audience. It would share details about what kind of experience the team members have, post its roadmap, exhibit features or functionalities, and make prototypes available for testing.
If the launchpad’s users believe the project has potential, they could buy the project’s tokens at a discounted price, and in exchange, the project’s founders would receive financing.
A launchpad’s main purpose is to provide transparent interactions between the platform’s audience and the project’s creators.
One such launchpad in the TON ecosystem is the Tonstarter project, which has recently unveiled a UI prototype and is actively working on a full release.
👍829❤101🎉57🔥53👎32🐳3
The ton.org website now has a new Careers section.
This section contains job vacancies for projects related to The Open Network.
There are already more than 20 vacancies from established teams in the ecosystem, such as the TON Foundation, Tonkeeper, Getgems, and others.
We’re excited about the launch of the Careers section because it’ll open the door for more developers to join the TON ecosystem, and project teams will have the tools to search and find candidates.
All TON-based projects can create a profile and post job vacancies in the Careers section.
Projects can fill out this form to start the process:
https://ton-org.typeform.com/companies
This section contains job vacancies for projects related to The Open Network.
There are already more than 20 vacancies from established teams in the ecosystem, such as the TON Foundation, Tonkeeper, Getgems, and others.
We’re excited about the launch of the Careers section because it’ll open the door for more developers to join the TON ecosystem, and project teams will have the tools to search and find candidates.
All TON-based projects can create a profile and post job vacancies in the Careers section.
Projects can fill out this form to start the process:
https://ton-org.typeform.com/companies
👍1.03K❤106🎉62🔥59👎44🐳2🌚1
Crypto exchange DigiFinex has listed Toncoin and will support The Open Network blockchain.
Trading is available in the TON/USDT pair.
The DigiFinex crypto exchange is ranked in the top 15 on CoinMarketCap for its daily trading volume of over $2 billion, and it’s in the top 10 for its liquidity.
The platform was founded in 2018 and now serves more than 4 million users.
We’re ecstatic to see Toncoin listed on yet another prominent crypto exchange in DigiFinex.
Trading is available in the TON/USDT pair.
The DigiFinex crypto exchange is ranked in the top 15 on CoinMarketCap for its daily trading volume of over $2 billion, and it’s in the top 10 for its liquidity.
The platform was founded in 2018 and now serves more than 4 million users.
We’re ecstatic to see Toncoin listed on yet another prominent crypto exchange in DigiFinex.
👍614❤104🔥57🎉55👎29👏2🐳2
Crypto exchange DigiFinex and The Open Network are hosting an event with a total prize fund of 3,125 Toncoin.
We’re pleased to announce a new event: From May 19 to June 2, all DigiFinex users will have an opportunity to participate in the event, whose total prize pool is 3,125 Toncoin.
To qualify:
1. Create an account on DigiFinex.
2. Make a trade in the TON/USDT pair for no less than $50.
The traders who make the three biggest trades will share 950 Toncoin.
The rest of the event’s prize fund — 2,175 Toncoin — will be shared among all the remaining participants, but no more than 15 Toncoin per person.
In other words, the size of the reward depends on the trading volume.
DigiFinex notes that users who attempt to abuse the event — falsifying trade volumes, creating multiple accounts, etc. — will be disqualified.
More information on the event is available at this link:
https://digifinex.zendesk.com/hc/en-us/articles/6526930023321
Good luck to all participants!
We’re pleased to announce a new event: From May 19 to June 2, all DigiFinex users will have an opportunity to participate in the event, whose total prize pool is 3,125 Toncoin.
To qualify:
1. Create an account on DigiFinex.
2. Make a trade in the TON/USDT pair for no less than $50.
The traders who make the three biggest trades will share 950 Toncoin.
The rest of the event’s prize fund — 2,175 Toncoin — will be shared among all the remaining participants, but no more than 15 Toncoin per person.
In other words, the size of the reward depends on the trading volume.
DigiFinex notes that users who attempt to abuse the event — falsifying trade volumes, creating multiple accounts, etc. — will be disqualified.
More information on the event is available at this link:
https://digifinex.zendesk.com/hc/en-us/articles/6526930023321
Good luck to all participants!
👍568❤117🎉54👎44🔥29
People in India now have the opportunity to buy Toncoin with their local fiat currency.
Indian crypto exchange Unocoin now offers spot trading in the TON/INR pair, allowing its users to buy Toncoin with the Indian rupee.
Unocoin is one of the biggest and oldest crypto exchanges in India. It’s also one of the few legal crypto platforms in the country and was founded in 2013.
The exchange also supports various other payment methods, such as NEFT, RTGS, IMPS, and UPI. The exchange serves 2.2 million users, and its monthly trading volume exceeds 2 billion Indian rupees.
Unocoin scored a crucial victory for crypto adoption in 2020 by winning a court case against the central bank of India, which resulted in the repeal of a law passed in 2018 that had banned banks and financial organizations from offering services to crypto companies.
Many prominent funds and investors have raised capital for Unocoin, including Draper Associates, Tano Capital, XBTO Ventures, and Digital Currency Group.
The exchange has also appeared on The Fintech20: India List and has received many other prestigious awards.
We’re pleased to see how TON is expanding to different parts of the world and penetrating new markets. We’re confident that Unocoin listing Toncoin will bring significant attention to the token in India.
Indian crypto exchange Unocoin now offers spot trading in the TON/INR pair, allowing its users to buy Toncoin with the Indian rupee.
Unocoin is one of the biggest and oldest crypto exchanges in India. It’s also one of the few legal crypto platforms in the country and was founded in 2013.
The exchange also supports various other payment methods, such as NEFT, RTGS, IMPS, and UPI. The exchange serves 2.2 million users, and its monthly trading volume exceeds 2 billion Indian rupees.
Unocoin scored a crucial victory for crypto adoption in 2020 by winning a court case against the central bank of India, which resulted in the repeal of a law passed in 2018 that had banned banks and financial organizations from offering services to crypto companies.
Many prominent funds and investors have raised capital for Unocoin, including Draper Associates, Tano Capital, XBTO Ventures, and Digital Currency Group.
The exchange has also appeared on The Fintech20: India List and has received many other prestigious awards.
We’re pleased to see how TON is expanding to different parts of the world and penetrating new markets. We’re confident that Unocoin listing Toncoin will bring significant attention to the token in India.
👍317🔥48❤42🎉31👎23🐳3😁1
Upgrading the testnet
Tomorrow, May 23, The Open Network’s testnet will be upgraded to a more powerful version.
The testnet is a testing ground that simulates blockchain activities on the mainnet, but it uses an unofficial test token version of Toncoin with no market value.
In other words, a testnet is a sandbox for experimentation where developers can run tests and check the performance of their products and smart contracts. Before launching a product on the mainnet version of a blockchain, teams deploy their projects on a testnet so that their smart contracts can go through rigorous testing.
The number of developers in the TON ecosystem has been growing exponentially, causing the one-year-old testnet to overload due to increased activity.
Because convenience for developers is one of the main priorities of The Open Network, the TON Foundation team has decided to upgrade and reboot the testnet to a more powerful version for it to be faster and handle a heavier workload.
We’d like to note that the testnet will periodically undergo similar upgrades in the future to accommodate increasing workloads.
We also want to remind developers about MyLocalTon, a resource that helps test smart contracts before launching on the TON testnet.
Tomorrow, May 23, The Open Network’s testnet will be upgraded to a more powerful version.
The testnet is a testing ground that simulates blockchain activities on the mainnet, but it uses an unofficial test token version of Toncoin with no market value.
In other words, a testnet is a sandbox for experimentation where developers can run tests and check the performance of their products and smart contracts. Before launching a product on the mainnet version of a blockchain, teams deploy their projects on a testnet so that their smart contracts can go through rigorous testing.
The number of developers in the TON ecosystem has been growing exponentially, causing the one-year-old testnet to overload due to increased activity.
Because convenience for developers is one of the main priorities of The Open Network, the TON Foundation team has decided to upgrade and reboot the testnet to a more powerful version for it to be faster and handle a heavier workload.
We’d like to note that the testnet will periodically undergo similar upgrades in the future to accommodate increasing workloads.
We also want to remind developers about MyLocalTon, a resource that helps test smart contracts before launching on the TON testnet.
👍405❤68🎉41🔥38👎25🐳3
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 May 15 to 21 grew from 575,413 to 609,551 (+5.9%).
News:
— Crypto exchanges MEXC and DigiFinex listed Toncoin.
— The Unocoin crypto exchange listed Toncoin, giving Indians the opportunity to buy Toncoin with rupees.
— TON’s official ton.org site added a Careers section where projects based on The Open Network can post job openings.
— TON also launched another event with the DigiFinex crypto exchange, whose total prize fund is 3,125 Toncoin.
— We found out about some scams in the TON NFT realm. We kindly ask you to go over our rules for digital safety so you can avoid falling victim to scammers.
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!
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 May 15 to 21 grew from 575,413 to 609,551 (+5.9%).
News:
— Crypto exchanges MEXC and DigiFinex listed Toncoin.
— The Unocoin crypto exchange listed Toncoin, giving Indians the opportunity to buy Toncoin with rupees.
— TON’s official ton.org site added a Careers section where projects based on The Open Network can post job openings.
— TON also launched another event with the DigiFinex crypto exchange, whose total prize fund is 3,125 Toncoin.
— We found out about some scams in the TON NFT realm. We kindly ask you to go over our rules for digital safety so you can avoid falling victim to scammers.
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!
👍261❤56🎉33🔥31👎20🐳5👏1
Announcing a trading contest on MEXC Global.
We’re excited to announce the start of an event in collaboration with crypto exchange MEXC, whose total prize pool will be 6,165 Toncoin.
To participate in the event, you have to meet a few simple requirements:
1. Create an account on the MEXC crypto exchange and complete the KYC procedure.
2. Make a trade of at least 300 Tether (USDT) in the TON/USDT pair during the event.
The prize pool will be divvied up in the following manner:
Participants whose trading volume exceeds 20,000 USDT will share more than half of the funds from the event’s total prize pool — 4,800 Toncoin.
The remaining participants will share 1,365 Toncoin according to their trading volumes.
The contest has already started and will end on May 26 at 19:00 (MSK).
You can find the prize rubric and more information about the contest here:
https://support.mexc.com/hc/en-001/articles/6701262691097
Good luck to all participants!
We’re excited to announce the start of an event in collaboration with crypto exchange MEXC, whose total prize pool will be 6,165 Toncoin.
To participate in the event, you have to meet a few simple requirements:
1. Create an account on the MEXC crypto exchange and complete the KYC procedure.
2. Make a trade of at least 300 Tether (USDT) in the TON/USDT pair during the event.
The prize pool will be divvied up in the following manner:
Participants whose trading volume exceeds 20,000 USDT will share more than half of the funds from the event’s total prize pool — 4,800 Toncoin.
The remaining participants will share 1,365 Toncoin according to their trading volumes.
The contest has already started and will end on May 26 at 19:00 (MSK).
You can find the prize rubric and more information about the contest here:
https://support.mexc.com/hc/en-001/articles/6701262691097
Good luck to all participants!
👍380❤47🔥45🎉45👎36🐳4
20 days left to mine the remaining Toncoin.
A minor update was given to the TON Apps suite: A timer counting down the time until the last TON will be mined was added to the suite’s webpage.
For users who want to participate in the final stages of Toncoin mining, we recommend you go to the How to mine section on The Open Network’s official website.
A minor update was given to the TON Apps suite: A timer counting down the time until the last TON will be mined was added to the suite’s webpage.
For users who want to participate in the final stages of Toncoin mining, we recommend you go to the How to mine section on The Open Network’s official website.
👍468🎉62❤56🔥52👎46🐳4😁1
We’re continuing our search for a community manager.
We kicked off a contest for community managers at the beginning of May, and the first stage ended on May 20.
However, many participants have requested a deadline extension; therefore, we compromised and gave everyone an extra month to complete the tasks for the first stage. We’ll be collecting submissions up until May 31.
Please note that some tasks are now no longer necessary.
You can find more information and details here:
https://telegra.ph/TON-Community-Management-Contest-05-06
We kicked off a contest for community managers at the beginning of May, and the first stage ended on May 20.
However, many participants have requested a deadline extension; therefore, we compromised and gave everyone an extra month to complete the tasks for the first stage. We’ll be collecting submissions up until May 31.
Please note that some tasks are now no longer necessary.
You can find more information and details here:
https://telegra.ph/TON-Community-Management-Contest-05-06
👍180❤34🎉24🔥22👎17🥰4🐳3
Crypto exchange Bit.com is offering 200% APY for Toncoin deposits.
We’re pleased to announce that the Bit.com crypto exchange now supports The Open Network blockchain.
To celebrate this moment, Bit.com is hosting an event: Starting today, Toncoin holders can deposit their tokens on the exchange to earn 200% APY for up to eight days.
To participate in the offer, you’ll need to complete the following steps:
1. Go to this page and download the Bit.com mobile app.
2. Create an account on the exchange and pass the KYC verification.
3. Deposit at least 15 Toncoin. Important: When you’re about to send Toncoin, don't forget to include the memo note in your transaction; otherwise, your tokens won't be sent.
4. Go to the “Earn” section in the app.
5. Select “Event Exclusive 200% TONCOIN.”
6. Transfer your Toncoin.
Your Toncoin will be earning 200% APY for a maximum of eight days. Once the deposit’s time has elapsed, your Toncoin and the earned interest will be transferred back to your wallet on the exchange.
Users participating in this event are limited to only one deposit.
Please note that this is a limited-time offer.
You can find more details on the contest’s web page:
https://support.bit.com/hc/en-us/articles/6871690608153
We’re pleased to announce that the Bit.com crypto exchange now supports The Open Network blockchain.
To celebrate this moment, Bit.com is hosting an event: Starting today, Toncoin holders can deposit their tokens on the exchange to earn 200% APY for up to eight days.
To participate in the offer, you’ll need to complete the following steps:
1. Go to this page and download the Bit.com mobile app.
2. Create an account on the exchange and pass the KYC verification.
3. Deposit at least 15 Toncoin. Important: When you’re about to send Toncoin, don't forget to include the memo note in your transaction; otherwise, your tokens won't be sent.
4. Go to the “Earn” section in the app.
5. Select “Event Exclusive 200% TONCOIN.”
6. Transfer your Toncoin.
Your Toncoin will be earning 200% APY for a maximum of eight days. Once the deposit’s time has elapsed, your Toncoin and the earned interest will be transferred back to your wallet on the exchange.
Users participating in this event are limited to only one deposit.
Please note that this is a limited-time offer.
You can find more details on the contest’s web page:
https://support.bit.com/hc/en-us/articles/6871690608153
👍340❤49🎉42🔥41👎28
Forwarded from Give me TON!
TON Guide on MEXC Crypto Exchange
We made a comprehensive guide for you on MEXC tools:
— How to buy Toncoin on the MEXC;
— How to deposit Toncoin to MEXC wallet;
— Instruction on perpetual swaps at MEXC crypto exchange.
Follow this link:
https://ton-telegram.network/gram-cryptocurrency-ton/toncoin-usdt-perpetual-swaps-mexc/
Remember that investing in cryptocurrencies comes with risks, especially if you use leverage. So we don't recommend using perpetual swaps for beginners. Start your acquaintance with TON with leverage-free trading.
@givemetons
We made a comprehensive guide for you on MEXC tools:
— How to buy Toncoin on the MEXC;
— How to deposit Toncoin to MEXC wallet;
— Instruction on perpetual swaps at MEXC crypto exchange.
Follow this link:
https://ton-telegram.network/gram-cryptocurrency-ton/toncoin-usdt-perpetual-swaps-mexc/
Remember that investing in cryptocurrencies comes with risks, especially if you use leverage. So we don't recommend using perpetual swaps for beginners. Start your acquaintance with TON with leverage-free trading.
@givemetons
👍229❤38🔥34👎27🎉24🐳6
Matrixport launches custody and savings products for TON.
Asian crypto finance platform Matrixport has listed Toncoin in the TON/USDT pair and will support the TON blockchain.
Matrixport offers its users a wide range of innovative savings products and financial services connected with cryptocurrencies — e.g., institutional custodian Cactus Custody belongs to the company.
At the beginning of spring, The Open Network and institutional custody platform Matrixport announced the beginning of a strategic partnership. We’re proud that Toncoin will be fully available on the company’s trading platform.
Matrixport is a spinoff of Bitmain, one of the largest crypto mining equipment manufacturers in the world, and Jihan Wu, founder of Bitmain, is a managing partner at Matrixport.
Founded in Singapore in 2019, the exchange has since accomplished outstanding results, and today, its valuation sits at over $1 billion.
The monthly trading volume on the exchange reaches $5 billion, and it has $10 billion in assets under management.
Throughout its existence, the platform has attracted investments from major international funds, such as DST Global, C Ventures, and K3 Ventures.
A short time ago, Matrixport launched a financial product for Toncoin holders, about which we’ll tell you shortly.
You can download the platform’s mobile app here:
https://www.matrixport.com/
Asian crypto finance platform Matrixport has listed Toncoin in the TON/USDT pair and will support the TON blockchain.
Matrixport offers its users a wide range of innovative savings products and financial services connected with cryptocurrencies — e.g., institutional custodian Cactus Custody belongs to the company.
At the beginning of spring, The Open Network and institutional custody platform Matrixport announced the beginning of a strategic partnership. We’re proud that Toncoin will be fully available on the company’s trading platform.
Matrixport is a spinoff of Bitmain, one of the largest crypto mining equipment manufacturers in the world, and Jihan Wu, founder of Bitmain, is a managing partner at Matrixport.
Founded in Singapore in 2019, the exchange has since accomplished outstanding results, and today, its valuation sits at over $1 billion.
The monthly trading volume on the exchange reaches $5 billion, and it has $10 billion in assets under management.
Throughout its existence, the platform has attracted investments from major international funds, such as DST Global, C Ventures, and K3 Ventures.
A short time ago, Matrixport launched a financial product for Toncoin holders, about which we’ll tell you shortly.
You can download the platform’s mobile app here:
https://www.matrixport.com/
👍285❤50🔥38🎉36👎26🐳5
Staking Toncoin on Matrixport.
Institutional custody platform Matrixport has developed a financial product dedicated to members of the TON community.
What’s offered is flexible staking: Toncoin holders can deposit their tokens on Matrixport’s exchange and earn 5%–12% APY.
To participate, you have to complete the following steps:
1. Download the Matrixport mobile app from this site.
2. Create an account and complete the KYC verification process. If you already have an account on the Bit.com crypto exchange, you don’t have to create a new account on Matrixport.
3. Go to the “Wallet” section in the app and deposit the required amount of Toncoin.
4. Go to the “Staking” section and select “TON Staking to Earn.”
5. Click “Stake” and deposit your Toncoin to start staking.
While Bit.com’s 200% APY promotion requires tokens to stay deposited for a fixed period of time, Matrixport’s product is flexible. Deposits can be withdrawn at any time. This is an example of fixed conditions and a set timetable for your Toncoin.
You can find more information on this product in Matrixport’s mobile app in the “Staking” section.
Institutional custody platform Matrixport has developed a financial product dedicated to members of the TON community.
What’s offered is flexible staking: Toncoin holders can deposit their tokens on Matrixport’s exchange and earn 5%–12% APY.
To participate, you have to complete the following steps:
1. Download the Matrixport mobile app from this site.
2. Create an account and complete the KYC verification process. If you already have an account on the Bit.com crypto exchange, you don’t have to create a new account on Matrixport.
3. Go to the “Wallet” section in the app and deposit the required amount of Toncoin.
4. Go to the “Staking” section and select “TON Staking to Earn.”
5. Click “Stake” and deposit your Toncoin to start staking.
While Bit.com’s 200% APY promotion requires tokens to stay deposited for a fixed period of time, Matrixport’s product is flexible. Deposits can be withdrawn at any time. This is an example of fixed conditions and a set timetable for your Toncoin.
You can find more information on this product in Matrixport’s mobile app in the “Staking” section.
👍255❤50🎉35👎26🔥25🐳4
TON staking continues to develop.
In Q1 of this year, the TON ecosystem started seeing the first centralized and decentralized staking pools and nominator pools.
The TonWhales team was the first to launch smart contract staking, and users have already deposited 7.5 million Toncoin into it.
We’re happy to announce that the developers at the TON Foundation have completed the testing of a smart contract that will allow any validator to launch decentralized staking pools independently.
The smart contract is integrated into the mytonctrl tool, which most network validators use.
The smart contract’s source code has already been published earlier, and ecosystem developers have already released an array of useful services for staking.
For instance, the TON Scan team has integrated a dashboard for staking pools into its explorer, meaning Tonscan.org now provides statistics for pools and information on their deposits.
Meanwhile, a team of enthusiasts has launched the Tonvalidators.org service.
The service is a catalog where a comprehensive list of pool nominators will be published, and Toncoin holders will be able to choose into which pool to deposit their tokens.
Validators can add their pool to the catalog by sending submissions to a dedicated bot.
Every pool launched on this smart contract with the proper configuration will be added to the Tonvalidators.org service.
The Tonvalidators.org website is expecting a dozen or so pools to be listed shortly, and community members will be able to stake their tokens and receive rewards.
The CAT Telegram channel has put together a guide on Toncoin staking that you can find here: https://blog.ton.cat/how-to-stake/
In Q1 of this year, the TON ecosystem started seeing the first centralized and decentralized staking pools and nominator pools.
The TonWhales team was the first to launch smart contract staking, and users have already deposited 7.5 million Toncoin into it.
We’re happy to announce that the developers at the TON Foundation have completed the testing of a smart contract that will allow any validator to launch decentralized staking pools independently.
The smart contract is integrated into the mytonctrl tool, which most network validators use.
The smart contract’s source code has already been published earlier, and ecosystem developers have already released an array of useful services for staking.
For instance, the TON Scan team has integrated a dashboard for staking pools into its explorer, meaning Tonscan.org now provides statistics for pools and information on their deposits.
Meanwhile, a team of enthusiasts has launched the Tonvalidators.org service.
The service is a catalog where a comprehensive list of pool nominators will be published, and Toncoin holders will be able to choose into which pool to deposit their tokens.
Validators can add their pool to the catalog by sending submissions to a dedicated bot.
Every pool launched on this smart contract with the proper configuration will be added to the Tonvalidators.org service.
The Tonvalidators.org website is expecting a dozen or so pools to be listed shortly, and community members will be able to stake their tokens and receive rewards.
The CAT Telegram channel has put together a guide on Toncoin staking that you can find here: https://blog.ton.cat/how-to-stake/
👍282❤50🔥45👎20🎉5🐳3
The first staking pools on tonvalidators.org.
It’s a pleasure to announce that over the past 24 hours, validators have posted 28 new staking pools in the tonvalidators.org catalog, about which we told you a little yesterday.
We have to mention that currently, the smart contract from the TON Foundation can only accept deposits of at least 10,000 Toncoin; however, developers promise to decrease the minimum amount in the future.
Revenue sharing structure:
40% of the income from validation goes to the validator and 60% to the nominators, which gives depositors around 7% APY at the time of publishing.
We’ll explain why the revenue sharing is structured this way.
As you know, validators provide work for The Open Network. High computational equipment is required to launch a validator, and it costs a steep price just to buy and maintain it.
Any lower APY would force validators to set up their servers in cheap data centers, which would negatively reflect on the network because it’s vital to any blockchain for its validator nodes to be located in as many different locations and data centers as possible.
TON Nominator pools have low risk, and their certain guaranteed income looks enticing compared to other alternatives.
We encourage you to visit the catalog on tonvalidators.org and read the guide on how to use staking pools:
https://blog.ton.cat/how-to-stake/
It’s a pleasure to announce that over the past 24 hours, validators have posted 28 new staking pools in the tonvalidators.org catalog, about which we told you a little yesterday.
We have to mention that currently, the smart contract from the TON Foundation can only accept deposits of at least 10,000 Toncoin; however, developers promise to decrease the minimum amount in the future.
Revenue sharing structure:
40% of the income from validation goes to the validator and 60% to the nominators, which gives depositors around 7% APY at the time of publishing.
We’ll explain why the revenue sharing is structured this way.
As you know, validators provide work for The Open Network. High computational equipment is required to launch a validator, and it costs a steep price just to buy and maintain it.
Any lower APY would force validators to set up their servers in cheap data centers, which would negatively reflect on the network because it’s vital to any blockchain for its validator nodes to be located in as many different locations and data centers as possible.
TON Nominator pools have low risk, and their certain guaranteed income looks enticing compared to other alternatives.
We encourage you to visit the catalog on tonvalidators.org and read the guide on how to use staking pools:
https://blog.ton.cat/how-to-stake/
The Open Network
How to Stake TON
Thanks to the launch of the nominator’s smart contracts, every network user can now send their coins to staking and get up to 14% per annum in TON. Staking PoolsOpen tonvalidators.org with a list of available pools. In order for the pool to work and generate…
👍210❤46🎉34🔥33👎22🐳3
Announcing the Launch of Official Grants & Sponsorships Program 🎉
Over the past few months, we have received questions from various teams regarding TON Foundation's support for teams looking to build apps and sponsor events. We heard the community loud and clear, and we are excited to announce the launch of the grants & sponsorships pages on ton.org:
💡 Grant Program supports open-source projects that contribute to the public good and the advancement of the ecosystem. Refer to: ton.org/grants
💎 Sponsorship Program supports community-building events and looks to sponsor contributors actively expanding the ecosystem via events, hackathons, training programs, and more. Refer to: ton.org/sponsorships
🔦 TON Ideas Hunt seeks to receive input regarding TON grant ideas and potential improvements to the programs. Refer to: ton.org/grants
Applicants can submit via web-form (ton.org/grants) or @tonfunding_bot.
TON Foundation allocated 170M tokens for the program. Applications will be reviewed on a rolling basis, and results will be published regularly via announcements and blog posts. Projects previously submitted via ton.org/community will be considered, but we encourage teams to cross-check against the new requirements. Also, stay tuned for Getgems announcement of a grant program in favour of developing the TON NFT community experience.
We look forward to unique ideas from the community and supporting ecosystem growth!
Over the past few months, we have received questions from various teams regarding TON Foundation's support for teams looking to build apps and sponsor events. We heard the community loud and clear, and we are excited to announce the launch of the grants & sponsorships pages on ton.org:
💡 Grant Program supports open-source projects that contribute to the public good and the advancement of the ecosystem. Refer to: ton.org/grants
💎 Sponsorship Program supports community-building events and looks to sponsor contributors actively expanding the ecosystem via events, hackathons, training programs, and more. Refer to: ton.org/sponsorships
🔦 TON Ideas Hunt seeks to receive input regarding TON grant ideas and potential improvements to the programs. Refer to: ton.org/grants
Applicants can submit via web-form (ton.org/grants) or @tonfunding_bot.
TON Foundation allocated 170M tokens for the program. Applications will be reviewed on a rolling basis, and results will be published regularly via announcements and blog posts. Projects previously submitted via ton.org/community will be considered, but we encourage teams to cross-check against the new requirements. Also, stay tuned for Getgems announcement of a grant program in favour of developing the TON NFT community experience.
We look forward to unique ideas from the community and supporting ecosystem growth!
👍194❤36🎉25🔥21👎14
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 May 22 to 28 grew from 614,883 to 644,817 (+4.9%).
News:
— TON Grant and Sponsorship programs were launched to support founders, builders, and community developers.
— Tonvalidators.org launched. It’s a catalog of decentralized staking pools where TON blockchain users can deposit their Toncoin.
— Crypto exchange MEXC hosted a trading contest for Toncoin holders with a total prize fund of 6,165 Toncoin.
— The remaining TON will be mined in 18 days. There’s now a timer counting down the days in the TON Apps suite.
— The Community Manager contest is still ongoing.
— Crypto exchange Bit.com launched a limited-time offer: Toncoin holders can deposit their tokens and earn 200% APY.
— Asian institutional custody platform Matrixport added support for the TON blockchain.
— Matrixport also launched flexible Toncoin staking: Tokenholders can make deposits and earn 5%–12% APY.
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!
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 May 22 to 28 grew from 614,883 to 644,817 (+4.9%).
News:
— TON Grant and Sponsorship programs were launched to support founders, builders, and community developers.
— Tonvalidators.org launched. It’s a catalog of decentralized staking pools where TON blockchain users can deposit their Toncoin.
— Crypto exchange MEXC hosted a trading contest for Toncoin holders with a total prize fund of 6,165 Toncoin.
— The remaining TON will be mined in 18 days. There’s now a timer counting down the days in the TON Apps suite.
— The Community Manager contest is still ongoing.
— Crypto exchange Bit.com launched a limited-time offer: Toncoin holders can deposit their tokens and earn 200% APY.
— Asian institutional custody platform Matrixport added support for the TON blockchain.
— Matrixport also launched flexible Toncoin staking: Tokenholders can make deposits and earn 5%–12% APY.
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!
👍207❤44🔥40👎25🎉7🐳4
Technical maintenance on the OKX crypto exchange.
We must inform you that at the moment, Toncoin withdrawals from the OKX crypto exchange are unavailable.
The problem is related to technical issues on the exchange, along with a transition to a new mechanism of sending cryptocurrencies.
OKX employees have reached out to the TON Foundation for additional help to solve this problem. Right now, a team comprising specialists from both sides is all hands on deck to rectify this technical issue as soon as possible.
OKX does not have a set timetable, but we believe the issue will be resolved in the next few days. We’ll notify you as soon as there are new developments.
However, Toncoin deposits are operating as usual.
We must inform you that at the moment, Toncoin withdrawals from the OKX crypto exchange are unavailable.
The problem is related to technical issues on the exchange, along with a transition to a new mechanism of sending cryptocurrencies.
OKX employees have reached out to the TON Foundation for additional help to solve this problem. Right now, a team comprising specialists from both sides is all hands on deck to rectify this technical issue as soon as possible.
OKX does not have a set timetable, but we believe the issue will be resolved in the next few days. We’ll notify you as soon as there are new developments.
However, Toncoin deposits are operating as usual.
👍227👎101❤41🎉24🔥10🐳4🥰2
This media is not supported in your browser
VIEW IN TELEGRAM
NFTs in Tonkeeper
Today, Tonkeeper unveiled a new update that includes comprehensive support for nonfungible tokens (NFT) on TON.
Now all NFTs can be viewed in a separate tab, and users can conduct transactions right from the app: transferring NFTs via links and QR codes and trading them using the Getgems marketplace.
TON Connect also received an update. It now allows users to log in to Tonkeeper and link NFTs to third-party services.
Simply put, the updated Tonkeeper 2.3 offers a full-featured, intuitive interface providing easy interaction with NFTs.
We have nothing but praise for the Tonkeeper team for this great achievement.
You can find more information on Tonkeeper 2.3 here:
https://xn--r1a.website/tonkeeper/13
In addition, during the month of June Tonkeeper and Getgems will run a series of NFT giveaways. Stay tuned!
Today, Tonkeeper unveiled a new update that includes comprehensive support for nonfungible tokens (NFT) on TON.
Now all NFTs can be viewed in a separate tab, and users can conduct transactions right from the app: transferring NFTs via links and QR codes and trading them using the Getgems marketplace.
TON Connect also received an update. It now allows users to log in to Tonkeeper and link NFTs to third-party services.
Simply put, the updated Tonkeeper 2.3 offers a full-featured, intuitive interface providing easy interaction with NFTs.
We have nothing but praise for the Tonkeeper team for this great achievement.
You can find more information on Tonkeeper 2.3 here:
https://xn--r1a.website/tonkeeper/13
In addition, during the month of June Tonkeeper and Getgems will run a series of NFT giveaways. Stay tuned!
👍291👎52❤46🔥25🎉20🐳8
Depositing Toncoin safely onto crypto exchanges.
We’ve noticed that some users have had trouble depositing Toncoin onto different crypto exchanges and want to bring your attention to a critical moment when depositing Toncoin:
Don’t forget the MEMO.
A memo (or sometimes called a “tag”) is a comment attached to a crypto transaction that is necessary to ensure the successful transfer of funds.
It’s common for crypto exchanges to require deposits with a short text or line of digits as a memo.
We kindly ask you to be attentive. If you want to deposit Toncoin on an exchange that requires a memo, you must enter the memo when sending tokens from your wallet.
Otherwise, you risk losing your Toncoin forever.
For example, we’d like to note that crypto exchanges MEXC, Bit.com, Matrixport, and DigiFinex — all of which are in the middle of hosting special Toncoin events — require to enter a memo when depositing Toncoin.
To see a clear example of what a memo looks like, you can go to the “How to deposit TON on MEXC” section on MEXC’s site to find a guide that explains everything step-by-step.
We’ve also put together a list of official guides for the exchanges mentioned above:
— How to deposit crypto on MEXC.
— How to deposit Toncoin on DigiFinex.
— How to deposit crypto on Bit.com.
— How to deposit crypto on Matrixport.
We’ve noticed that some users have had trouble depositing Toncoin onto different crypto exchanges and want to bring your attention to a critical moment when depositing Toncoin:
Don’t forget the MEMO.
A memo (or sometimes called a “tag”) is a comment attached to a crypto transaction that is necessary to ensure the successful transfer of funds.
It’s common for crypto exchanges to require deposits with a short text or line of digits as a memo.
We kindly ask you to be attentive. If you want to deposit Toncoin on an exchange that requires a memo, you must enter the memo when sending tokens from your wallet.
Otherwise, you risk losing your Toncoin forever.
For example, we’d like to note that crypto exchanges MEXC, Bit.com, Matrixport, and DigiFinex — all of which are in the middle of hosting special Toncoin events — require to enter a memo when depositing Toncoin.
To see a clear example of what a memo looks like, you can go to the “How to deposit TON on MEXC” section on MEXC’s site to find a guide that explains everything step-by-step.
We’ve also put together a list of official guides for the exchanges mentioned above:
— How to deposit crypto on MEXC.
— How to deposit Toncoin on DigiFinex.
— How to deposit crypto on Bit.com.
— How to deposit crypto on Matrixport.
👍216❤45👎29🔥26🎉11🐳5