TON News

TON is the abbreviation for a blockchain project called The Open Network. TON originally stood for Telegram Open Network, but Telegram exited the endeavor in 2020.

Originally headed up by Telegram, the company behind the Telegram messaging app, TON started as a blockchain for decentralized applications and speedy transactions. The Telegram TON initial coin offering, or the TON ICO, ran in 2018, garnering approximately $1.7 billion through its GRAM token sale. TON subsequently saw significant backlash from the United States Securities and Exchange Commission, or SEC. Various developments surfaced regarding investor refunds.

Run by the community, a subsequent and separate project known as Free TON came to life in 2020. Free TON operates without Telegram as a blockchain formed from the original project’s code. Other TON solutions have also arisen based on available open-source data.

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Telegram's TON saga seems far from over as a disgruntled investor seeks compensation.

Report: TON investor demands compensation from Durov

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While Telegram's token project is dead, the blockchain still lives.

China's BSN partners with TON Labs to utilize Telegram blockchain

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2021-03-01T10:00:00+00:00

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Grant programs have their flaws — they often lack transparency and shut out good ideas. Here’s why contests are a compelling alternative.

Why contests are better than grants for a healthy crypto community

2020-12-20T20:27:00+00:00

Despite Telegram abandoning TON earlier this year, the technology underpinning the project lives on. Here’s what happened next.

Q&A: What happened after Telegram abandoned TON?

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2020-12-07T12:00:00+00:00

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A blockchain focused on “sustainable decentralization” says it is about to become one of the world’s largest and most scalable proof-of-stake networks.

‘Sustainable decentralization’: Network will have 440 validators in weeks

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2020-11-25T15:52:00+00:00

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Blockchain technology is just a tool that solves a problem, it cannot be the goal of the entire project.

The cryptocurrency sector is overflowing with dead projects

2020-11-08T08:00:00+00:00

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The app has helped Belarusians stay in touch during a communications blackout.

Telegram supports protests in Belarus with new opposition flag emoji

2020-08-27T12:21:00+01:00

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