Fastest growing Blockchain TON
Bahloul Mubarik
Blockchain Engineer @ArmUP | Core Blockchain Development | Building Quantum-Resistant Chain | Smart Contracts | Rust | Go | Web3 Marketing
TON set a record as the world’s fastest blockchain by processing 104,715 transactions per second. The TON blockchain, initially created by Telegram’s Pavel Durov, has thrived independently since 2020. It supports over 650 dApps in DeFi, NFTs, gaming, and meme coins.
Deeply integrated with Telegram, TON facilitates instant, fee-free crypto transfers for its 700 million users. Since March 2024, Telegram has used Toncoin to allocate 50% of ad revenues to channel owners, pushing Toncoin into the top 10 cryptocurrencies by market cap. In April 2024, Tether launched $60 million of USDT on TON, raising its rank among Tether-supporting blockchains.
Big projects on TON
1) NOTCOIN
Notcoin is a top cryptocurrency in the gaming world. Launched on January 1, 2024, it quickly became the fastest-growing crypto app, attracting 4.1 million players in a week and over 30 million to date.
Notcoin's game, a simple Tap-to-Earn model, lets users earn tokens by tapping a virtual coin in the Telegram app. Despite no website, marketing, or roadmap, its popularity soared. It debuted on major exchanges on May 16, 2024, and is now being integrated into various TON dApps, aiming to increase its utility and value.
2) DFC Capital
DF Capital (DFC) is a major ecosystem on the TON blockchain, offering over 100 services and attracting 250,000 users. Key products include:
DF Capital plans to launch DeSwaps, a decentralized exchange to improve liquidity in TON's DeFi ecosystem. They also have a game, ArrakkenPlanet, where players earn and farm DFC tokens with a 2% weekly return.
3) JETTON
JetTon is the first gaming platform on the Ton blockchain, fully integrated into Telegram messenger. With over 500 games, including slots, poker, 3D action, and live games, JetTon offers entertainment and financial rewards through its $JETTON cryptocurrency. Launched in November 2023, $JETTON has a market cap of over $200 million and is used for in-game activities, rewards, and governance.
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4) ONSTARTER
ONstarter is the first launchpad on the TON blockchain, using Telegram's large user base to help new cryptocurrency projects get funding and grow. It provides an easy and decentralized platform for developing and funding projects. Users can earn tokens, NFTs, stablecoins, or experience points by trying out apps and completing tasks. The new "community_bot" on Telegram makes it even easier and more rewarding for users to explore TON-based apps.
Conclusion
Finally, The Open Network (TON) is a dynamic ecosystem with fast transactions and strong Telegram integration, making it attractive for developers and investors. Telegram's large user base gives TON a solid foundation for future growth.
However, cryptocurrencies are high-risk and volatile. Always do thorough research and understand local laws before investing or engaging in crypto activities.
reading resources : https://cryptonica.news/best-of/top-5-projects-building-on-the-open-network-ton
ML Engineer | Innovating AI-Based Web Application Development in Next.js, Fast API, RAG and MySQL
8 个月I agree!