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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The Orbs network chose the TON blockchain as a base for development.

In September, TON Society’s Telegram channel announced a partnership between the TON blockchain and the Orbs network, a layer-3 solution for networks. Today, we’re going to discuss this event.

Orbs has been creating decentralized infrastructure on layer-1 and layer-2 blockchains since 2017, expanding their potential and bringing cryptocurrencies to the masses.

Orbs and TON have unified their efforts and resources to deploy the necessary technologies for Web3 functionalities.

We want to share with you a few essential points from Orbs’ address:

▪️ TON is the first L1 network that has a real chance at convincing the masses that blockchain technology is here to stay.
▪️ TON is not a direct competitor of other popular networks, such as Ethereum and Bitcoin. The Open Network is attempting to penetrate an untapped niche and become the first blockchain for mass adoption.
▪️ The TON ecosystem has plenty of room to accommodate Orbs’ innovations and has a ton of potential.
▪️ Orbs can construct infrastructure on TON, catalyzing the meteoric rise in TON’s popularity.

We’re happy to welcome another partner to The Open Network family!
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Hack-TON-berfest livestream

Hacktoberfest is underway for open-source projects on TON and will close in nine days.

More than 20 TON projects need help from contributors, so all developers are encouraged to join the festival!

Hack-TON-berfest is an excellent opportunity to make the first step toward building a reputation in the TON community, contribute to the development of the Web3 internet, and receive a limited-edition NFT.

On Oct. 24 at 16:00 (UTC), people will be able to join a livestream where they’ll learn how to make a quality Pull Request, the reasons why people should participate in such an event, and how open-source development influences the growth of the TON ecosystem.

The stream will be hosted by:

— Danila Volkov, creator of the first mining pool on TON and one of the developers at Whales Corp.

— Mark Okman, another member of the TonWhales team and creator of YouTube and Telegram channels on programming on TON and in the world of Web3.

The stream will be held on YouTube on TON Society’s channel.

We recommend all beginners join the stream of open-source development who want to join the festival but don’t know where to start.
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Telegram has opened a contest inviting people to hack the smart contract of its username auction, offering a total prize pool of $100,000.

Developers are tasked with finding potential vulnerabilities in the smart contract of the Telegram Auction Platform.

Depending on the severity of discovered vulnerabilities, contestants can receive between $200 (for minor changes in the code) and $50,000 (for finding a critical bug).

The contest closes on Oct. 25 at 14:00 (UTC).

You can find more details and contest conditions here:
https://xn--r1a.website/contest/306
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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 Oct. 16 to 22 grew from 1,357,416 to 1,370,484 (+1%).

News:

▪️ The first-ever collaboration between the TON blockchain and Telegram was announced. The messenger is about to launch its Telegram Auction Platform, a place to sell usernames, on the TON blockchain. Read more.

▪️ The team at TonWhales officially launched its token generator, which allows users to create altcoins on TON — aka Jettons — without any programming knowledge. Read more.

▪️ A TON knowledge library operating according to Stack Overflow principles launched. Read more.

▪️ GameFi launchpad TON Play announced it would launch soon. Read more.

▪️ A smart contract TON Hack Challenge was held with a total prize pool of 30,000 Toncoin. Read more.

▪️ Ecosystem enthusiasts created a pack of premium emojis. Read more.

▪️ The Orbs network chose the TON network as a base for development. Read more.

▪️ STON.fi launched a demo version of its DEX. 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!
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Telegram Username Auctions: What we know so far

We’ve recently announced that Telegram is preparing to launch its TON-based Telegram Auction Platform, where users will be able to buy and sell their usernames in the messenger.

We’re aware that the platform is creating a lot of buzz — but there are lots of questions, too. Today, we’re going to share with you some details.

▪️ All usernames are represented as NFTs on TON.
▪️ Usernames can be stored in crypto wallets and put up for auction on any NFT marketplace, including Telegram’s official platform.
▪️ The Telegram Auction Platform will operate by the same mechanics as the TON DNS auction: An auction begins as soon as a user places the first bid. Every auction will have a time restriction.
▪️ There will be no need to extend username ownership.

Meanwhile, Telegram is hosting a smart contract hacking contest for its auction platform. You can find more information here:
https://xn--r1a.website/contest/306

The platform is slated to release shortly.
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The Ethereum–BNB Smart Chain bridge is nearing completion.

The TON Foundation has announced that the development of the crosschain transfer of tokens will soon be completed and that the bridge will officially launch soon.

What does this mean?

The release of this service will open many new possibilities. Users will be able to send any token from the Ethereum and BNB Smart Chain networks to the TON network and vice versa.

What’s more, you’ll be able to store any coin from the two networks in your TON-based wallet, including Ether (ETH), Tether (USDT), BNB, SushiSwap (SUSHI), Uniswap (UNI), CAKE, Dogecoin (DOGE), and others.

Wrapped tokens will adhere to TON DeFi’s standards and behave like Jettons. In other words, you’ll be able to use them with any TON-based services — wallets, marketplaces, DEXs, etc. — without additional modifications.

We’re confident that the release of this bridge will be a catalyst for TON DeFi’s adoption.
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Breaking: Toncoin will be listed on KuCoin, one of the biggest crypto exchanges in the world.

We’re pleased to inform you that on Oct. 27 at 10:00 (UTC) on the KuCoin crypto exchange, Toncoin will be listed in the TON/USDT spot trading pair.

The exchange ranks fifth according to CoinMarketCap and is one of the most influential crypto exchange platforms in the entire industry.

KuCoin serves more than 20 million users in over 200 countries, with its daily trading volume surpassing $770 million.

Over the past five years, KuCoin has created a robust ecosystem for crypto-related services, including its own NFT marketplace, called Windvane; a Web3 crypto wallet, KuCoin Wallet; an investment fund and incubator, KuCoin Labs; a venture capital arm, KuCoin Ventures (which participated in the creation of toncoin.fund); the KuCoin Ambassador Program, and other initiatives.

In support of Toncoin’s listing, KuCoin will also launch a series of events, which we’ll tell you about shortly.

Joining FTX, KuCoin will become the second crypto exchange from the world’s top five to list Toncoin.

We’re excited that Toncoin landed a listing on such a major platform. Still, we’re confident that this event will rank as one of the most important for TON in this quarter, only increasing TON’s legitimacy.
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TON and KuCoin are putting on a joint promo for Toncoin holders.

In light of the latest Toncoin listing, crypto exchange KuCoin and the TON project are launching a series of events and prizes.

And we invite everyone to participate!

A buyer’s contest with a total prize pool of 20,000 TON

It begins tomorrow, Oct. 27, at 10:00 (UTC) and ends on Nov. 3 at 10:00 (UTC).

The rules are relatively straightforward: You must buy Toncoin on the KuCoin exchange during the contest. Your purchase must be at least 50 TON; however, the more coins you buy, the bigger the prize.

Please note that the buy volume is calculated in the following way:

Volume = bought - sold - withdrawn.

If you buy 100 Toncoin, sell 30, and withdraw 20, your volume will be:

100 - 30 - 20 = 50 Toncoin.

You can find more details and prize distributions here:
https://www.kucoin.com/news/en-ton-net-buying-competition-27500-ton-are-up-for-grabs

A tokenholder contest with a prize pool of 7,000 TON

The contest begins on Nov. 3 at 10:00 (UTC) and ends on Nov. 10 at 10:00 (UTC).

During this contest, KuCoin will take a screenshot of your Toncoin balance every day at 16:00 (UTC). In total, seven screenshots will be taken.

If your average Toncoin balance over the seven days of the contest is at least 25 TON, you’ll be eligible for a prize distribution from a pool of 7,000 tokens.

In other words, the more Toncoin you hold on your balance, the bigger the prize for which you’ll qualify to win.

You can find the prize distribution scheme and more details here:
https://www.kucoin.com/news/en-ton-net-buying-competition-27500-ton-are-up-for-grabs

A Twitter airdrop with a prize pool of 500 TON

The airdrop begins on Oct. 27 at 10:00 (UTC) and ends on Nov. 3 at 10:00 (UTC).

To participate, you must:

1. Follow kucoincom and ton_blockchain on Twitter.
2. Retweet the tweet that will be posted tomorrow and tag three friends.

500 Toncoin will be given away to 25 randomly selected Twitter users (20 Toncoin each).

Last but not least, KuCoin is going to launch Toncoin staking on its platform shortly.

There’s an event suited for everyone, so we invite you all to participate!
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A TON x KuCoin AMA with a chance to win 1,100 Toncoin

As the TON/USDT pair is now live on the KuCoin crypto exchange, there will be an AMA with KuCoin and TON Foundation members Andrew Rogozov and Steve Yun today at 14:00 (UTC).

Representatives of the exchange and TON will discuss the marketing campaign, Toncoin’s potential, and further plans to develop the ecosystem.

The conversation begins today, Oct. 27, at 14:00 (UTC) on the official KuCoin Exchange Telegram channel.

A chance to win 1,100 Toncoin

There are three different ways you can participate for a chance to win Toncoin.

1. Questions

The moderators will select the five most interesting questions posed by listeners, each of whom will win 6.5 Toncoin. Questions may only be submitted during the first block of the AMA.

2. Mini-game

In the AMA’s second block, participants will be able to partake in a Flash mini-game. Eight winners will each receive 40 Toncoin.

3. Quiz

At the end of the AMA, there will be a quiz. 125 people who successfully answer all the questions will each receive a prize of 5.75 Toncon.

To participate in the events, you must subscribe to the KuCoin News channel.

We encourage everyone to join the AMA!
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Presenting Fragment: Telegram’s auction platform based on the TON blockchain.

A few minutes ago, Pavel Durov, founder of the Telegram Messenger, announced the launch of Telegram’s decentralized marketplace for buying and selling Telegram usernames in the username.t.me format.

Usernames can be used for either your private account or a Telegram channel name.

Fragment operates by the same mechanics as the TON DNS auction, so all usernames will be represented on the TON blockchain as collectibles — meaning their ownership will never be disputed, and it’ll be impossible to reverse transactions.

You can already visit the official Fragment site and enter a bidding war for any username of at least 4 characters. You can also begin by putting up an owned username for auction by either placing a minimum bid or setting a maximum bid to buy your username outright.

A minimum bid for a 4-character username starts at 10,000 Toncoin.

The only currency accepted for auctions at the moment is the Toncoin cryptocurrency, and to sign in, you’ll need to use your Telegram and Tonkeeper accounts.

All usernames adhere to TON’s token standards, which means they can be stored in TON-based crypto wallets and put up for sale not only on Fragment but on any NFT marketplace that intends to support the Telegram Auction Platform.

You can find a guide on buying Telegram usernames here:
https://fragment.com/about

We’re humbled that the team behind Telegram has chosen the TON blockchain as its base from which to launch such a groundbreaking service.

What’s been happening in the TON ecosystem over the past week has been nothing short of inspiring. Without a doubt, all of them will influence the increase in The Open Network’s legitimacy.
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Stake Toncoin for up to 500% APY on Huobi Global

We’re pleased to announce a new joint event with the Huobi crypto exchange, which is offering three fixed-staking programs:

▪️ Up to 50 Toncoin for 500% APY over 5 days.
▪️ Up to 400 Toncoin for 130% APY over 14 days.
▪️ Up to 400 Toncoin for 100% APY over 30 days.

The event’s duration and the prize pool are limited. You can find more details here and here.

To participate, you must:

1. Create an account on Huobi Global, if you don’t already have one.
2. Complete the second level of Know Your Customer verification (L2 Basic Verification), which will take five minutes at most.
3. Follow this guide on depositing coins into the staking program.

Please note: You can only stake coins bought on the exchange. You can find more details in this guide.

Huobi is also hosting a contest for traders with a prize pool of 10,000 Toncoin.

The contest requires trading at least 500 USDT in the TON/USDT pair on Huobi between Oct. 27 and Nov. 6 at 12:00 (UTC).

The more volume you trade, the bigger prize you’ll have a chance at receiving. You can view the prize distribution table here:
https://www.huobi.com/support/en-us/detail/44921165113584

The reward Toncoin will be added to your balance seven days after the contest closes.

We encourage the entire TON community to take part in Huobi’s activities!
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Up to 65% APY on Toncoin staking on the OKX crypto exchange

We’re pleased to announce two new financial products on the OKX crypto exchange. Users of the platform can now stake their Toncoin for 65% or 15% APY.

Fixed staking for 65% APY

Duration: 15 days
Maximum deposit: 100 Toncoin

Fixed staking for 15% APY

Duration: 30 days
Maximum deposit: 5,000 Toncoin

To participate, you must:

1. Create an account on OKX.
2. Go to the “Earn” section.
3. Go to the “Staking” section.
4. Select one of the staking offers, click “Subscribe,” and deposit your coins.

Please note:

The special offer has limitations. The quota for the 65% staking offer is capped at 12,000 Toncoin, while the 15% staking offer is limited to 38,000 Toncoin.

The event will end as soon as the quotas are reached.
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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 Oct. 23 to 29 grew from 1,375,643 to 1,392,174 (+1.2%).

News:

▪️ Pavel Durov, founder of Telegram, announced the launch of Fragment, an auction platform based on TON for selling and buying Telegram usernames in the “username.t.me” format. Read more.

▪️ KuCoin, a top 5 crypto exchange, opened Toncoin trading in the TON/USDT pair. Read more.

▪️ To celebrate the Toncoin listing, TON and KuCoin jointly launched a series of events, such as a trading contest, a holding contest, and a Twitter airdrop. Read more.

▪️ Crypto exchange Huobi Global launched three staking offers for Toncoin holders with 500%, 130%, and 100% APYs available. Read more.

▪️ Crypto exchange OKX launched two Toncoin staking offers with 60% and 15% APYs available. Read more.

▪️ IvendPay added a deal offering 20% off tickets to the Web3 conference WOW Summit Lisbon when paying with Toncoin. To get the discount, enter the promo code WOWTON at the checkout when paying with TON.

▪️ The STON.fi DEX released and handed out Soulbound NFTs to early adopters. This was the first instance of the new Soulbound TON NFT standard being used in the ecosystem. Read more.

▪️ NFT marketplace Getgems released a new feature. Users can now make an offer at any price to buy an NFT, whose owner will have the ability to accept or decline. Read more.

▪️ A TON–KuCoin AMA was held with TON Foundation representatives Andrew Rogozov and Steve Yun. Read more.

▪️ The Ethereum and BNB Smart Chain bridge is in its final stages of development. 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!
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Margin trading on Huobi Global

We’re pleased to announce the launch of the TON/USDT trading pair for margin trading on the Huobi Global crypto exchange.

Now, Toncoin leverage trading is available up to 3x on the exchange.

Please note: Trading with financial leverage carries additional risks, and we recommend beginner traders and investors avoid such instruments.
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Toncoin staking on the KuCoin crypto exchange for 12% APY

There’s a new event happening in support of Toncoin’s listing on the KuCoin crypto exchange. Tomorrow, on Nov. 2, the platform will open two fixed staking offers.

Staking for 10% APY

Duration: 7 days
Maximum deposit: 50,000 Toncoin

Staking for 12% APY

Duration: 14 days
Maximum deposit: 50,000 Toncoin

Please note: The event’s duration will be limited.

If you want to participate in staking, you must subscribe within the next 24 hours before 15:59 (UTC) on Nov. 2.

After the time mentioned above, the offers will be closed.

To participate, you must:

1. Create an account on KuCoin.
2. Go to the “KuCoin Earn” section.
3. Enter the “TON” ticker in the search bar.
4. Click “Subscribe” beside the staking offer in which you’d like to participate and deposit your Toncoin.

When the 7- or 14-day staking periods end, your Toncoin will be returned to your balance with the earned interest.

We also want to bring your attention to a particular detail concerning these two offers.

At first glance, 12% APY staking over a short period doesn’t look all that attractive compared to Huobi’s 500% or OKX’s 65% APYs.

However, KuCoin’s 50,000-Toncoin deposit limit is rather large, allowing Toncoin holders to earn potentially more interest compared to the offers from OKX and Huobi.

Other details for KuCoin’s staking offers can be found on this page:
https://www.kucoin.com/news/ton-fixed-promotions-enjoy-an-apr-of-up-to-12
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After a community vote among validators, the “t.me” domain was added to the root TON DNS smart contract.

This news means that “t.me” owners now have the following opportunities:

▪️ You can assign the username.t.me format to your TON crypto wallet, allowing users to send Toncoin to your Telegram username.

▪️ Product creators can assign smart contracts to Telegram usernames. They can also assign usernames to decentralized TON sites.

Moreover, you can store your username in your crypto wallet, sell it, and even put it up for auction, but your ownership rights to your “t.me” will always be recorded on the blockchain.

In other words, “t.me” owners have received access to all the possibilities offered by TON DNS technologies.

Last week, the TON Foundation proposed to add “t.me” domains to the root TON DNS smart contract.

After a round of voting among community validators from Oct. 31 to Nov. 1, the TON Foundation’s initiative was approved.

All amendments have already been implemented.
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More than 50 Telegram usernames have found new owners.

Yesterday evening, the first Telegram username auctions closed on the Fragment marketplace, which launched last week.

The top five most expensive usernames were:

@auto — 900,000 TON
@bank — 850,000 TON
@avia — 800,000 TON
@chat — 700,000 TON
@fifa — 600,000 TON

The total amount spent on usernames came to about $9.12 million per Toncoin’s price at the time of writing.

Congratulations to the auction winners.

Once you get your hands on a username on Fragment, you’ll get access to all TON DNS possibilities.

For example, you can assign your new username to a wallet and use that instead of a long wallet address.

To do so, you go to the NFT section in the Tonkeeper crypto wallet, select the username, and tap “Link current wallet address” to assign the domain to your wallet’s address.

You can find a more detailed guide on assigning TON DNS domains in the “Is it possible without a Chrome extension?” section.

It’s worth noting that at the moment, only tokenized Telegram usernames minted on the TON blockchain have access to TON DNS functionalities — i.e., only those bought on Fragment.

However, Pavel Durov has promised that users would be able to sell their usernames on Fragment to all Telegram users shortly.
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Project accelerator program from TonWhales

We’re always down for making shout-outs to grant initiatives and teams working in our ecosystem, so today, we want to introduce you to TonWhales’ project accelerator program.

TonWhales is prepared to offer financial and advisory support to projects (either already operational or finding themselves in the early stages) that stand out as the best blockchain specialists and experienced product creators on TON.

Projects wanting to apply to the program must understand who the product is for and why it needs to be developed:

1. What problem does your project solve, and how?
2. How much funding is needed to bring the project to fruition?
3. Why have you chosen this much funding instead of another number?

If you can answer these questions easily, TonWhales will be happy to review your project and help with its development.

If you want to apply, you must go to the TonWhales Club website and fill out a simple form, after which a representative will get a hold of you.

Please note that applications are only available to members of the TonWhales Club.
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Toncoin has entered the top 50 biggest cryptocurrencies on CoinGecko.

We’re happy to announce that the CoinGecko crypto resource platform has updated Toncoin’s ranking. Now, it is sitting comfortably in 32nd place per its market capitalization, which is worth $2.4 billion and whose daily trading volume is just north of $10.5 million.

In September, Toncoin made it to the top 50 biggest cryptocurrencies of the world on CoinMarketCap, occupying 31st place.

We’re relieved that the TON blockchain’s native cryptocurrency has finally earned its deserved spot among the ranks of the world’s most famous tokens now on the two most important crypto price aggregators.
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Forwarded from Crypto Bot News
🆕 We continue to expand our presence around the world. Brazilian Real, Azerbaijani Manat, Indonesian Rupiah and new payment methods for these currencies are already available in the Market.

This will allow people from Brazil, Azerbaijan and Indonesia to buy and sell USDT, BTC, ETH, TON, BNB using our peer-to-peer Market.

We have also added new payment methods for existing currencies such as OlduBil for TRY, Bank CenterCredit for KZT and A-Bank for UAH.

To create a new offer with these payment methods and new currencies, go to Market and tap ’Create Offer‘.
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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 Oct. 30 to Nov. 5 grew from 1,393,878 to 1,405,186 (+0.8%).

News:

▪️ Crypto exchange Huobi listed TON for margin trading in the TON/USDT pair. Read more.

▪️ The Orbs network (which we’ve written about here) is offering a grant to developers who can create a needed functionality. Read more.

▪️ ​After a community vote among validators, the “t.me” domain was added to the root TON DNS smart contract. Read more.

▪️ The Tonscan.org explorer pushed an important update that is going to take TON to the next level. Now, all you have to do is enter the name of a TON service to open its address on the blockchain. Read more.

▪️ The first auction results on the Fragment platform are in: More than 140 Telegram usernames were bought. Read more.

▪️@wallet added the India rupee, Uzbek som, Vietnamese dong, and Bangladeshi taka fiat currencies and their respective payment methods to it P2P Market. Read more.

▪️@CryptoBot added payment methods for the Brazilian real, Azerbaijani manat, and Indonesian rupiah. Read more.

▪️ We introduced you to the project accelerator program from the Ton Whales team. Read more.

▪️ TON officially made its way into the top 50 cryptocurrencies on CoinGecko. Read more.

▪️ The TON Community blog ranked first in the number of views on CoinMarketCap for the past week. 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!
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