London, United Kingdom, November 18th, 2022 – The TON Foundation has today shown its recognition of three community members for their outstanding contributions to the TON community. Two members of the community have been named as public ambassadors for the TON blockchain, whilst a third has joined Bill Qian, the Chairman of Cypher Capital, as a board member of the TON Foundation.  

Tal Kol, the technical co-founder of Orbs and co-founder of Hexa, is a public speaker and contributor who has aided the growth of the TON ecosystem and has been named as a TON ambassador. Oleg Andreev, co-founder of Tonkeeper and core developer of the TON blockchain, has also been named as an ambassador. Both have used their expertise to create and develop blockchain projects and solutions built on TON. Notably, Orbs are also a key member of the group of organisations behind the $250m TON ecosystem fund that was announced in April this year.

These ambassadors will continue their existing work at their respective companies and projects with a renewed sense of collaboration with TON. As TON ambassadors they will promote dialogue amongst key players in the industry, and will also reinforce the TON blockchain’s values: decentralisation, transparency, and user-friendliness.

Steve Yun, Founding Member of the TON Foundation said that: “Tal and Oleg have earned the title TON Ambassador. This serves as an acknowledgement of the contributions and dedication they have demonstrated to the whole community.”

Manuel Stotz, Founder of Kingsway Capital becomes a board member of the TON Foundation, joining Bill Qian who joined the TON Foundation in a similar capacity in September this year. Manuel is a prominent advocate for the implementation of blockchain technology, and his support of the TON ecosystem has been invaluable. In his role as board member, Manuel will work to continue the impressive growth the TON ecosystem has experienced this year, and help to onboard billions of users into Web3.

Manuel Stotz, incoming board member of the TON Foundation said: ”Kingsway is proud to be an investor in TON and to  support the growing TON ecosystem which is dominated by missionaries, not mercenaries. Digital freedoms & property rights are going to be amongst the most noble causes to protect & invest in over the coming years. I am proud to support this mission as an incoming board member of the TON Foundation.”

The rapid rise of the TON ecosystem throughout 2022 is exemplified by a host of outstanding developments, collaborations, and partnerships taking place. Alongside the listing of TON’s native token, Toncoin, on Huobi and Kucoin, independent developers on the TON Blockchain developed a P2P marketplace within Telegram that enabled the seamless trading of Toncoin between users. With the year’s growth cemented by Telegram’s launch of a tokenised username marketplace built on the TON blockchain, the TON Foundation has continually sought to drive the mass adoption of blockchain technology by enabling user-friendly access to services that provide real-life utility.

About The Open Network (TON)

The Open Network is a third-generation proof-of-stake blockchain initially designed in 2018 by the Durov brothers, the founders of Telegram Messenger. Later, it was handed over to the open TON Community, which has been supporting and developing it ever since.

TON was designed for lightning-fast transactions. It’s ultra-cheap, user-friendly, and fully scalable.

The TON Foundation is a non-commercial group of supporters and contributors who help further grow the TON blockchain.

Learn more about TON: