It is no more news about the presence of Blockchain technology which changes the mode of transactions all over the world. Although, we are still in the early stages and awesome innovations are becoming a reality. e.g AI, SocialFi, MarketingFi, BTCFi, etc and to this end I have made it a point of duty to introduce TON Ecosystem.
The Open Network is the meaning of TON which is integrated into Telegram Messaging App. This new innovation paved way for more interactions in the messaging app and as we speak, there are over 800,000,000 active users on telegram but the large share of them are not aware or have not harnessed the opportunities that had been made available at there finger tips.
TON Ecosystem allows you to trade cryptocurrency on the telegram app using DEX (Decentralized Exchange), provide Liquidity Pool (LP), Lunchpads that allows for fair launching or presales of tokens and also allows you to own or trade NFTs but as of the time of this write up, the developers are already looking out for project developers in the web3 space so as to allow other businesses to thrive in the ecosystem.
Furthermore, in every ecosystem there is a native token that is used as a means of transaction and for this The Open Network, the native token is called TON. This native token is used for all transactions that occur on the ecosystem which makes the native token valuable and increases the price of the token. As at January 4th, 2024 the price of TON was $2.31 published by CryptoLists.com but currently as of the time of this write up, TON is currently $5.3
In addition, there is a game that have been integrated into the ecosystem called NOTCOIN. This brought a whole new experience for the users and always keep the messaging app active always.
NOTCOIN is the most popular game on the TON Ecosystem and was launched January 1st, 2024. While you play, you earn reward, the rewards are converted to a token so that your time and efforts are rewarded. This game brought a new excitement into the messaging app, on boarded over 26,000,000 users to the telegram app and the way to play the game is to TAP the in-app game on your phone through the messaging app (Telegram). The mantra of the developers of this awesome game is "Probably Nothing" which helps to regulate the expectation of the gamers. In a new development, the TAP to Earn game will come to an end by April 1st, 2024. If you have not on boarded yourself on the messaging app, you are not late. On board and enjoy the limitless possibilities that this awesome ecosystem has brought to the Blockchain technology.
Conclusively, is this the only way to benefit from the TON Ecosystem or are their other innovations that made this ecosystem sits as the 12th biggest ecosystem in the world as at March 27, 2024. (source: coinmarketcap). These are the questions I will be answering in my next post.
Stay tuned.
Cover image - π£πΎπππππΎπ½ πππππ πΌπΊπππΊ
Image 1