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.

Top News

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“Imagine how successful Telegram with its 700 million users could be if we put reserved usernames, group and channel links for auction,” the Telegram founder wr...

Telegram founder suggests ‘NFT-like smart contracts’ to auction usernames

2022-08-23T03:51:01+01:00

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After launching the TON DNS, the TON Foundation will conduct an auction of the first “.ton” domain names on July 30.

TON Foundation launches Ethereum Name Service-like domain names

2022-07-01T14:47:33+01:00

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The TON blockchain has always been proof-of-stake, while the mining of toncoin began “spontaneously and randomly” in 2020, according to the TON Foundation.

‘Unique phenomenon’: All 5B toncoins mined on PoS TON blockchain

2022-06-28T18:30:00+01:00

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Russia should deploy cryptocurrencies and CBDCs for settlement and payments with Africa, the president of the Chamber of Commerce and Industry believes.

Russia should use crypto for payments with Africa, commerce exec says

2022-04-14T14:26:36+01:00

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Cameroon, the Democratic Republic of the Congo and the Republic of the Congo announced plans to adopt the TON blockchain amid the TONcoin Fund launch.

New $250M TONcoin Fund targets DEX and NFT tools on TON blockchain

2022-04-11T14:00:00+01:00

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Telegram CEO Pavel Durov is proud that the TON project is “alive and evolving” despite Telegram terminating TON last year.

Telegram-verified payments bot to accept Toncoin cryptocurrency

2021-12-23T11:30:38+00:00

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FIDE said that it hopes to “welcome a new crypto demographic” through the “gamification of iconic match moments, unique collectibles [and] chess-related art.”

The International Chess Federation is first global sports association with its own NFT marketplace

Ornella Hernández

2021-11-09T19:15:00+00:00

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A blockchain project believes it can achieve massive scalability while pushing the boundaries of decentralization.

Blockchain project becomes ‘one of largest social experiments in the world’

2021-05-24T13:00:00+01:00

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