Latest Toncoin updates on March 28th

Ton Blockchain, a cryptocurrency project, has recently announced a $1.5 million seed funding and integration with Ledger and other projects. On March 28th, they announced their participation in the Web3 festival and HackaTONx Top 10 project demo session. On March 27th, they announced the launch of OpenMask Beta 0.18.2, integration with TUSD, and the Lost Dogs Activity. On March 24th, the CBDO of Ton Blockchain gave an exclusive presentation on web3 fundraising. On March 23rd, they announced the Ton Wallet Challenge with a $60K prize pool and the ability to transfer USDT through chats. On March 21st, they announced the closure of their Q1 Round 1 grant applicants and published the unrolled version of their thread on the TON Grants Program.

What is Toncoin ?

Welcome to The Open Network!

The Open Network (TON) is a fully decentralized layer-1 blockchain designed by Telegram to onboard billions of users. It is an ambitious project with the goal of making the world of digital money and digital assets accessible to everyone.

TON boasts ultra-fast transactions, tiny fees, easy-to-use apps and is environmentally friendly. It is a revolutionary new way of transferring and storing value, with a wide range of use cases.

TON is built on a flexible architecture, allowing it to scale with no loss of performance. It is also shardable, meaning it can break up and spread the data across multiple shards for faster processing. This makes it one of the most powerful and efficient blockchains available today.

The native cryptocurrency of TON is called “Toncoin”. Toncoin is used for transaction fees, securing the blockchain through staking, deciding how the network develops and settling payments. Toncoin can also be used to purchase goods and services, and is becoming more widely accepted by merchants.

The TON blockchain can be used for a variety of different applications and services, including digital identity, digital asset management, decentralized storage, asset transfers, digital voting and more. The possibilities are truly endless.

In addition to its own blockchain, TON also features a bridge protocol which allows users to transfer TON tokens between different blockchains. This makes it possible to move assets between different blockchains, opening up a whole new world of possibilities.

TON has a vibrant open source community which is actively developing new tools and applications for the platform. This includes a range of wallets, explorers, validators, analysis tools and more. These tools make it easy for developers to get started with TON and build their own applications.

For those looking to get involved with TON, there are a number of ways to do so. The platform offers sponsorships, grants and events, as well as a range of career opportunities.

So, if you’re looking for a revolutionary new way to transfer and store value, The Open Network is the perfect platform for you. With its ultra-fast transactions, tiny fees, easy-to-use apps and environmentally friendly approach, it is sure to be the future of digital money and digital assets.

This article was published on 2023-01-29 by Marc Endevor. Information shown in this article was gathered from the project’s website and Twitter account. Coinvestigate cannot guarantee the accuracy of this information, or any news that may have impacted the project in the meantime.