Give me TON!

Long-awaited return of perpetual swaps on OKX

On December 28th OKX is returning swaps on TON. In our editorial rating OKX is the best exchange and we trade major spot volumes there. And finally it will be possible to trade leveraged TON there as well.

We are very glad that Steve Yun solved the liquidity issues and finally leveraged TON returned to this exchange.

We have a super detailed tutorial on what a perpetual swap is and how to use it on OKX. There you will learn how to bet on rise or fall of TON with a leverage.

As our referral you can get a discount on trading commission and other perks when you register, download the app and pass KYC.

@givemetons

🌍🪐 Parade of perpetual swaps on TON

To celebrate the launch of Fragment and the global revival of the TON market, the TON Foundation and Steve Yun in particular have launched an active campaign to increase the liquidity of the TON market.

As you know there have been several listings of Tonkoin on new exchanges (Bybit, BitGet), launched several staking (OKX, BitGet, Huobi), and also started the return of perpetual swaps (the ability to long and short TON with large leverage).

During this summer's market downturn, when almost all exchanges stopped swaps due to lack of liquidity, it became quite sad. The only ones left were FTX and Gate.io. But Gate's liquidity was horrible, so everybody moved to notorious FTX.
After FTX died only Gate.io remained.

Of course it was possible to trade there, but not with pleasure. Too little liquidity. Spread between buy and sell at times was up to 10%, while on average it was 5%.

And now TON is finally reviving. MEXC brought back swap recently and 2 more exchanges will launch it in the coming days.

@givemetons

The sale of anonymous accounts on Fragment is over

Now you can't buy a random number, and during this week, the previously started auctions from Telegram with "beautiful" numbers will end.

Totally 136558 anonymous numbers were sold.

Secondary market prices have gone up. Now the minimum is 16 TON.

Those who bought at the start at 9 TON, a millimeter away from the fact that their investment has brought "X's".

As one of the early investors in TON, who bought in the summer of 2021, said: "You can't understand TON by brain or measure it by common measure. It has a very special identity. You can only believe in TON."

@givemetons

TON appeared on the Ledger hardware wallet

Now you can store your Toncoins with maximum security - up to burying in the garden in a time capsule and memorizing the seed phrase by heart.

@givemetons

TON perpetual swaps with up to 20x leverage have finally returned to the MEXC exchange.

Instructions for TON perpetual swaps on MEXC are here.

@givemetons

Collapse of anonymous Telegram numbers sales after introduction of primary mint price increase system by 1 TON every 3 hours.

On the first day, when the rise in price began, it didn't interfere with growth in sales of new numbers. Positive feedback was maintained when secondary market prices moved with the primary market.

Here the expression “Tomorrow is always more expensive than today” worked.

But today it has already become clearly noticeable: this positive feedback has broken down. Secondary prices stopped at 16 TON and after that, primary sales volumes began to collapse.

Note that TON rate began to move down exactly at the moment when the spread between the prices of the primary and secondary market began to increase.

Wholesale buyers of anonymous numbers have run out of motivation to buy numbers in the primary market.

That is, the fuel for the growth of the rate is physically over. But the sellers - "big wallets" remained. It is logical that now the trading volumes should go down.

@givemetons

Important news for TON was published today on Bloomberg

Apple is preparing to allow alternative app stores for iPhone and iPad in the European Union at the end of next year.
This means that applications can be installed not only from the App Store.

The issue with the payment system of the store has not yet been resolved. Under European law, other app stores are allowed to use alternative payment systems (without Apple's 30% fee), but Apple has resisted for now and is looking for ways to keep it.

Why is this important for TON and Telegram?
The fact is that Apple is trying to take 30% of all transactions within applications on its platform. Including cryptocurrencies. For example, a company recently rejected an update to the Coinbase Wallet app because they want to get a 30% gas fee to send NFTs inside their wallet.

So the problems with the SEC were not the only ones that plagued Telegram and its TON blockchain.
The main idea of TON was to be integrated into the messenger; the creation of many services inside that require millions of transactions and, ultimately, the capitalization of the Telegram ecosystem (as is the case with addresses and anonymous accounts).

But Apple would put its paw on all this, and Google would not stand aside.

30% commission is what would destroy all the advantages of TON inside Telegram.

Now we have this law from the EU, and Pavel Durov, let me remind you, recently became a citizen of France and is already a fan for its team at the World Cup.

And where the EU is, there is, in general, the CIS (primarily Russia), Iran and other Asia.

That is, one of the two TON weights that hung on his legs has almost been removed.

This can be associated with such an activation of Pavel Durov in working with TON.

@givemetons

Explorer with recognizable wallet owners

Another nice bonus of @tonometerbot is the built-in social network with ton.page explorer.

If you verified your wallet in @tonometerbot, then in ton.page your wallet will be signed with your Telegram address.

Thus, using ton.page it is easy to understand which wallet belongs to whom. Which is very convenient in comparison with other explorers, where you are provided only with incomprehensible sets of numbers and letters.

Of course, there are privacy settings and you can always hide your Telegram address in connection with the wallet. You can also connect to wallets not only personal accounts, but also your Telegram channels.

Account names in the search box must be entered without @ and t.me, for example "filimono".

An example of a linked wallet:
ton.page/address/EQDQY1a_xpLq6b3LjH5MUIV1-6tO7I4fO3VqNuGY2BIo3VtH

@givemetons

Friends, we remind you: if you want to quickly receive TON rate directly in Telegram, then use our @tonometerbot.

There you can see the current rate, and the bot will automatically send you notification about any change in the price of Toncoin by 10% (both plus and minus).

You can also enable tracking of your TON wallet there and view not only the current value of the TON itself, but also how much all the TONs in your wallet cost.

Try it: @tonometerbot

Official smart-contract of staking

All TON community has been waiting for ages when it will be implemented. The deadline of its release was postponed for whole quarter due to changes of priorities of development of TON Foundation in favor of NFT smart-contract, and now it’s finally ready.

In brief, it has the following conditions:

1. Current validators’ yield is approximately 13%;
2. The official smart-contract divide it in 60 to 40 proportion, where nominator gets 60% and validator gets 40%. Thus, annual percentage rate of nominator is near 7%.

Such a big commission to validator can be explained by the willingness of TON Foundation to provide validator with more money for paying a high-quality hosting that will guarantee stability of exact validator and the Network at whole. Besides, there is a limitation in each validator: only 40 slots for nominators and the minimal sum of deposit is 10 000 TON.

We have already an unofficial catalogue of validators where you can see who propose their services of staking TONs exactly on the smart-contract from TON Foundation.

Generally, in other blockchains such ratings are usually sorted by two main criteria of validator’s efficiency:
- the amount of their commission (how much from total revenue they will leave for nominator);
- failure resistance (how may times it has broken down) because in POS-consensuses validators get fines for their nodes’ refusals. At most, this fine is taken from their personal stake but affects little percentage of nominators’ stake who deposited funds there as well.

From this the whole economic efficiency of your funds is composited.

Considering that in TON Foundation’s smart-contract the size of commission is fixed and in unofficial catalogue there are no such parameter as failure resistance, in general you have no options. Everything is absolutely the same and the only thing you can orientate on is the amount of stake that lies in certain validator. It can witness to some extent it’s authority.

And now the main question: why staking by TON Whales with their unofficial smart-contract gives bigger yield (11%)?

The answer is simple: because it’s decentralized market and everyone can launch their staking. Especially taking into account inflexibility of the official smart-contract.

Whales propose staking with few clicks through their own wallet TON HUB. The minimal amount of deposit is 50 TON (contrary 10 000 TON from the officials).

The only disadvantage of Whales’ staking – it’s not a full decentralization of the contract. There is so called set-code in it’s code. The creators can edit it, therefore in theory assign the funds of their nominators. But it’s worth reminding that Whales reserved the bank of 1 million TON (now they have 7,5 mln TON in their validator) as a guarantee of their integrity. The Bank is kept by the TON Foundation as an insurance.

So, standard dilemma: more convenient and profitable Whales staking contrary more secure but less profitable and convenient official.

What will you choose? Feel free to write it in comments.

TON Guide on MEXC Crypto Exchange

We made a comprehensive guide for you on MEXC tools:

— How to buy Toncoin on the MEXC;
— How to deposit Toncoin to MEXC wallet;
— Instruction on perpetual swaps at MEXC crypto exchange.

Follow this link:

https://ton-telegram.network/gram-cryptocurrency-ton/toncoin-usdt-perpetual-swaps-mexc/

Remember that investing in cryptocurrencies comes with risks, especially if you use leverage. So we don't recommend using perpetual swaps for beginners. Start your acquaintance with TON with leverage-free trading.

@givemetons

Derivatives from TON NFT

There has been a significant event — we have launched a service that allows you to create derivatives from our NFT Mintosaurs.

You can read the details in this post.

In a nutshell: now owners of Mintosaurs will be able to create their own ZauroStickers (consisting of Mintosaurus + arbitrary text in the cloud) in 3 clicks and instantly mint them to the blockchain with placement in the marketplace.

That is, a user can come up with the idea of his NFT derivative in a couple of minutes, create it, promote it in the community and earn a few TON.

What all this means for TON NFT:

1. This opens up huge opportunities for NFT derivative customization: combining characters from different collections into one NFT, the ability to create different quotes or even character actions. In fact, we open up a huge meta-universe of TON NFT collabs and customizations.

2. As usual, what we first make for ourselves, we later design as a product for the customers of our @toncoin_monster_bot. And we're pleased to be the originators of this huge trend.

3. The ultimate goal of our Monster Bot ecosystem is to give ordinary users a toolkit that will allow them to pour in their traffic and their creativity, and get their earnings out of it. And all this without any knowledge of programming or communicating with developers. In just a few clicks. And the entrance ticket to this Disneyland will be, of course, our NFT Mintosaurs.

Earlier we wrote that MEXC allows to deposit and withdraw TON in different networks — TON, ERC20 (Ethereum), BEP20 (Binance Smart Chain).

You can deposit from native TON network, and withdraw wrapped TON in ERC20, BEP20 networks, and vice versa — this action is similar to using native TON - ETH and TON - BSC bridges.

Transfers between networks are needed if you want to use TON on DEX exchanges, for example to put it into liquidity pool on PancakeSwap or UniSwap. This will require withdrawing Toncoin to a browser-based wallet such as Metamask.

Let's compare transfer fees when using native bridges and MEXC.

TON Bridge:

TON - ERC20: ≈ 0.0048 ETH + 5 TON + 0.25% of amount ≈ 11.04 TON + 0.25% of amount
ERC20 - TON: ≈ 0.0012 ETH + 5 TON + 0.25% of amount ≈ 6.51 TON + 0.25% of amount
TON - BEP20: ≈ 0.0008 BNB + 5 TON + 0.25% of the amount ≈ 5.14 TON + 0.25% of the amount
BEP20 - TON: ≈ 0.0002 BNB + 5 TON + 0.25% of amount ≈ 5.04 TON + 0.25% of amount

MEXC:

Withdrawal to ERC20: 15 TON
Withdrawal to BEP20: 0.35 TON
Withdrawal to TON: 0.02 TON
Withdrawal to internal MEXC address is free of fees.

In case of ERC20 you need to take into account the volume of transferred Toncoin to decide where the transfer will be more profitable. In case of BEP20 it is more profitable to transfer Toncoin via MEXC.

It's worth noting that MEXC can periodically suspend withdrawals of TON due to technical reasons, in such cases it's more convenient to use bridges.

@givemetons

MEXC Exchange has listed TONCOIN

We are glad to see a new big player coming to the TON market. It's MEXC - 11th in CoinMarketCap derivatives and 19th in spot.

What is now available on MEXC:

1. You can buy TONCOIN for USDT, to do this you need to do the following steps: register at the exchange; go through the account verification procedure (KYC); deposit your account with USDT or buy USDT; buy TONCOIN for USDT. Note that USDT must be in the Spot account - go to Wallets, if the spot balance is empty, make the transfer. Then go to Trade and search there TON/USDT pair.

2. You can deposit and withdraw native TONCOIN, as well as TONCOIN wrapped in Ethereum and BSC. You can do this in Wallets section, click Deposit and enter TON in the search box. Then you can choose network (the native TON network, or wrapped TON in the ERC-20 or BEP-20 networks). Note that in the TON network it is mandatory to fill in a comment (memo) when transferring, otherwise you may lose your funds.

3. Trading in perpetual swap on TONCOIN is available. Leverage up to x125 (OKX had up to x100). Both shorts and longs are available. The principle is the same as with OKX swap (see our instruction). In the case of MEXC swaps are in the Futures section.

4. In addition, MEXC has a huge selection of other cryptocurrencies and stablecoins.

It's also worth noting that MEXC has entered into a serious and long-term partnership with the TON Foundation and they are one of the companies that has contributed to the invest fund budget for projects on TON.

@givemetons

Mining and Inflation: What Does Influence TON’s Price

As every financial instrument Toncoin’s price depends on balance of Demand and Supply. When Supply decreases (as it happened with a change of TON’s ticker on OKX), price goes up and vice versa.

Although, mining of Toncoin was possible since initial supply of 5 bln tokens had been moved to smart-contracts Proof-of-Work Giver, mining of Toncoin began to be widely discussed when givers kept near 50 mln of coins (it’s 1% from total emission of 5 bln).

Early miners hold their coins to keep networks’s performance or have never used it (about more than 3 bln of coins). At the same time during 9 months of public mining 1% of total emission will be mined. These coins are steadily being transferred to the market and this permanent inflow of liquidity puts pressure on Toncoin’s price.

As it was repeatedly counted, in summer 2022 mining of Toncoin will be ended. After all givers empty, the influence of mining on Toncoin’s price will also come to it's end.

But it’s not the only emission that will be putting pressure on the market. Annual inflation of 0,6% is laid down in TON - the percentage of extra emission is written in blockchain, the amount can be changed by validators’ voting.

For what do we need inflation if the inflow of extra liquidity is bad for Toncoin’s price?

The performance of the Network is maintained by validators. In order to keep them interested in locking their tokens and keeping the performance of the validation itself, they need to get a reward for this (the same concerns their nominators).

Actual yield of validator is about 13%. The part of it they take for themselves, the rest they give to nominators (those who send their TONs in validators’ staking).

The commissions for users’ transactions + 0,6% of inflation are used for paying out the rewards. The biggest part of validators’ yield consists of extra emission (0,6% of inflation are 98% of current validators’ yield) what lets TON have very low commissions. It can be said that the Network pays to validators itself by extra emissions, making steadily low commissions for the users of blockchain.

The key concept of TON like all post-Ethereum blockchains that began to develop after 2017 - high speed of transactions, low commissions, high throughput of the Network. The same refers to TON smart-contracts (cheap and fast).

Only under such conditions DeFi ecosystem can be built, and previous blockchains concede catastrophically to centralised financial systems precisely because of high commissions and low speed.

For example, 2000 Toncoin need to be paid for minting a collection of 10 000 NFT. It is quite a few but without inflation the commission would be much higher.

So, extra emission is needed for payments to validators. The users would have to pay much more commissions if there were no inflation.

Let’s analyse in more details the validation economics in TON.

Who gets these 13% which are included in 0,6% of emission: it's obtained by those who has put their Toncoin in staking, it means it’s not distributed among all 5 bln of initial emission but only among the amount locked in validators.

The Network can be governed only by 5 mln of coins only if these 5 mln are in validators. And 0,6% of annual inflation (from all 5 bln) will be distributed among owners of these 5 mln coins - then the yield can be even hundreds %.

The more Toncoin are put in validation, the lower become it’s yield-0,6% of emission are distributed among overall volume of staked funds. It means that with an emergence of official smart-contract of nominators the volume of nominated coins will increase well then validators’ yield will decrease.

The amount of funds in stacking will increase, but the number of coins in circulation will decrease. This will have a positive effect on Toncoin’s price.

How will it be working in case of Toncoin’s price growth?

If the token’s price grows, the commissions for transactions and validators’ yield in dollar equivalent will increase as well, the throughput of the Network remains the same.

Telegram Premium + TON = 📈

Last several weeks rumours about upcoming implementation of Telegram Premium subscription began circulating. And it’s already possible to touch the first concepts in iOS beta-version - extended list of reactions and premium stickers.

In test version users with premium subscription have icon ⭐️ in a profile.

Obviously, these are not all paid functions. When in the end of 2020 Durov announced plans of monetisation, it was about resource intensive functions like enlargement of uploaded files or extended statistics for channels.

What is interesting is that in 2021 the Telegram team tested inbuilt payments with bank cards, however it was not embodied.

A hitch was a governmental regulation - in this case official document flow and the same official payments gateways from the banks.

Paying with cryptocurrencies is a way out. And Telegram is ready for that as ever: the users hooked on animated stickers, crypto wallet is integrated and all active users of messenger have heard about TON.

@givemetons

Where to invest Toncoin. Part 2

Validator’s staking

Validators verify transactions in the TON network, they invest their coins as a deposit (at least 600,000 Toncoin) and receive a reward for validation (about 13% per annum). Nominators can receive a portion of their income/revenue.

What should to be done

Ordinary Toncoin holders may invest their coins in the validator's staking pool and receive a share of its profits. To date, there are several centralized staking pools in the TON network(without a smart contract) and one decentralized one (with a smart contract) from the TonWhales team. The minimum deposit for different validators varies from 50 to 100 Toncoin.

What you get

The average yield from staking for validators is about 10% per annum, incomes depend on the profitability of the validator itself. The reward is usually accrued every 36 hours. If money is not withdrawn, interest will also be accrued on this income.

What to pay attention to

Centralized staking is less secure than decentralized. Pay attention to the conditions for withdrawing funds.

NFT

Buying NFTs is another option for investing Toncoin. NFTs in TON are not just pictures
bought with the expectation of reselling at a higher price.

Serious projects offer further practical application of NFTs: our Mintosaurs, for example, are integrated with the Tonometer social network, where NFTs are used while assigning the owners’ ratings. Mintosaurs also give the right to use the verification functional and mail-out at a discount.

What should be done

Many NFTs in TON now offer various staking formats, where long-term holding of tokens allows you to get Toncoins. In Mintosaurs, this is implemented in a lottery format based on the rarity of the acquired NFTs.

What you get

Some projects offer fixed income but this carries regulatory risks. That’s why Mintosaurs staking does not offer guaranteed revenue.

What to pay attention to?

NFTs are highly risky investments. When choosing an NFT, ask yourself these questions: who's on the team? have they been mentioned in other major channels? is there a roadmap? is there practical applicability?

Perpetual swap trading

Such a tool is provided by the OKX, FTX and Gate.io exchanges. Strictly speaking, this point does not apply directly to investing Toncoin. In this case, you invest USDT in a Toncoin perpetual futures contract and you will get revenue in USDT.

Perpetual contracts allow traders to benefit from Toncoin price change without holding the underlying asset itself. A detailed guide on swaps is available here.

What to pay attention to: swaps are a high-risk tool suitable only for experienced traders - due to the use of leverage, the risk of total loss of the invested funds is high.

Conclusion

As you can see, Toncoin investment options are quite extensive. Please view the terms carefully to choose the best option.

@givemetons

Where to invest Toncoin. Part 1

Staking on DEX exchanges:

— Liquidity pools

In order to get additional revenue the Toncoin holders can add liquidity in trading pairs on Decentralised exchanges (DEX), such as Biswap, PancakeSwap, UniSwap.

Toncoin-USDT is one of the most popular and accordingly most profitable pairs but you can also choose Toncoin-Bitcoin, Toncoin-Ethereum and others, depending on the coins that you have besides Toncoin.

What should be done

You should put into pool both coins from the pair, most frequently in equal proportions. In order to get earned interest, you need to withdraw your funds from the pool.

What you get

After becoming a liquidity provider, you will be getting revenue from all swap transactions between these two coins. For example, for Toncoin-USDT pair on PancakeSwap a projected return equals 0,17% from all deals in this pair, accordingly to your share of the pool.

What to pay attention to

— There is a sense to invest significant sums in order to level out the share of swaps commissions and increase your share in the pool.
— Choose popular trading pairs.
— Mind risks: impermanent losses resulting from market prices fluctuations; the risk of smart-contracts’ hacks.

— Farming

Farming looks like participation in liquidity pools and is a derivative of it: after adding coins in the pool you need to stake pool’s tokens as well in order to get additional rewards for this. Usually farming has a marketing nature with an aim of promoting crypto exchanges and their native tokens.

What should be done

You need to add liquidity in a pool on one of the exchanges (Biswap, Nomiswap, Yobit) and then stake liquidity pool’s tokens.

What you get

For providing liquidity you will be getting rewards in native token of chosen exchange. As an example of Biswap: on April 28th potential yield of your investment is approximately 24% per annum but this value is constantly changing depending on the volume of liquidity in the pool and BSW coin’s exchange rate.

What to pay attention to

In the description of exchange farming’s conditions two parameters are pointed out: APR and APY.
APR (annual percentage rate) is calculated by summing up of liquidity providers’ rewards and the rewards in native token.
APY (annual percentage yield) shows annual yield with considering regular reinvestment of revenue.

(to be continued below)

Where to invest Toncoin

A part of the TON blockchain’s users passively hold Toncoin expecting growth of it’s price. Besides, there is another way - to invest (stake) your Toncoins in various DeFi-instruments getting interest rate like in classical banking system.

A potential revenue of such instruments can vary but bear in mind that bigger yield is usually connected to bigger risk. Let’s consider possible variants below (part 1, part 2):

An important update in Tonometer: segmentation of mailing lists

Our social network @tonometerbot (Tonometer) maintains an opportunity to subscribe for users’ profiles and further mailing out to followers.

Now this functionality is significantly expanding. We have added the opportunity to segment a mailing list by the size of users’ wallets. It is possible, for example, to send a message for those who have more than 1000 Toncoin.

Besides, Tonometer has become a unified centre of mailing lists of all your bots that you will be creating on our platform Toncoin Monster. You’ll be able to mail out at once in all your bots with necessary segments. The sizes of segments are dynamically recalculated depending on the size of the wallet or bot where you are mailing out.

The data of the users is anonymous. The authors of mailing lists don’t have access to the information about certain person. Everything is realised on the level of anonymous groups of users.

News digest

— CryptoBot has launched the functionality of a full-fledged crypto exchange. Now you can not only buy/sell cryptocurrencies (Toncoin, USDT, Bitcoin etc) in exchange for fiat currencies in p2p mode. The exchange mode allows exchanging these cryptocurrencies for each other directly in Telegram with minimal commission’s and unprecedented for modern exchanges anonymity.

— Telegram launched web bots. Most probably, it’ll be possible to accept payments in bots in Toncoin. Wherein, the developers of services for TON will be able to create bots with almost unlimited functionality using web-interface’s opportunities. In addition, it will make it possible to create a built-in Toncoin wallet in Telegram.

— Cameroon, Congo and Democratic Republic of Congo are going to implement blockchain and TON cryptocurrency. In order to develop economy it’s planned to implement stablecoins on the base of TON. The Open Network was chosen because of it’s high speed of transactions, low commissions of the network and potential of integration with Telegram that is gaining popularity in the region.

— The ecosystem’s Toncoin Fund has been launched. It’s funds will be allocated for projects incubation, issuance of grants, conduction of hackathons and creation of educational materials for the community.

The size of Fund is $250 000 000.
The biggest cryptocurrency investors (including Huobi Incubator, Kucoin Ventures, MEXC Pioneer Fund, 3Commas Capital, Orbs, TON Miners and Kilo Fund) will invest money in development of TON.

Earlier TON Foundation also announced creation of a reserve for ecosystem’s development that is filled by the donations of community’s members. As for 13th of April, there are $579 000.

@givemetons

Monster Bot - our new project with huge perspectives

Recently we have conducted the poll investigating how many from our russian followers are developing their own NFT-projects. They turned out to be more than 500. It’s a very big number, and hundreds thousand TON raised by large projects perfectly demonstrate hype on this market.

Wherein, there are no any SaaS-services for this market that could facilitate and automise the work of NFT-projects. All the projects have to do the same work: to create their bots for pre-sales, auctions, lotteries airdrops etc.

Finally instead of developing various services that could contribute to the growth of TON ecosystem, hundred programmers do the same work. What is more, a final product often turns out to be of low quality because they do it for the first time and are not ready to invest in it serious resources as this task for NFT-project itself is episodic.

We’ve understood that it’s important for TON to solve this problem. That is why we’ve launched our platform Monster Bot. Its goal is to create on the base of Telegram-bot a full-fledged SaaS-service that would fulfil all the NFT-project’s tasks before its launch on the marketplace. It gives an opportunity to create on its base own bot for a pre-sale and further bots for auction, lottery and airdrop.

As a development of this direction we see wider perspectives and size of a potential market: to give for all Telegram-channels’ owners an opportunity to use game mechanics using Toncoin.
Not only NFT-projects but all Telegram channels’ owners can use functionality of auction, lottery and engaging contests.

For example, advertisement slots in a channel or personal consultations of an author can be sold/played out using auctions or lotteries. The Monster Bot project has it’s own channel @toncoin_monster, where you can follow the development of service’s functionality and get acquainted with a project’s ideology.

At this time the creation of a pre-sales bot for any NFT-project is available in Monster Bot.

How does it work?

Authors of NFT-projects create a personal bot in @BotFather and send API Key to @Toncoin_Monster_Bot. Then they make all necessary settings of a collection, price, quantity of NFTs that are being sold. Further they can use their own bot with our functionality in it for the pre-sales of NFTs for their followers.

The examples of bots already working on the base of this technology: @mintosaurs_bot, @CryptoSnoops_bot, @TonalithBot, @TonAnimebot, @tonfrogs_bot.

What are the advantages of @Toncoin_Monster_Bot?

1. You can create different stages of your sales. With different price and amount of NFTs.

2. Verification of your buyers through Tonometer let you avoid a lot of troubles. For example, the users can easily move in Tonometer from v3 version of their wallet to v4. In case of losing access to their wallet they will be able to connect the same way another one. And the main thing — you as NFT-creator shouldn’t worry about it at all.

3. Your collection gets into Tonometer website automatically. All your buyers’s NFTs will be displayed automatically in their Tonometer profiles. Watch an example of profile and its collection.

4. Automatic upload of your buyers’ wallets and the amount of bought NFTs in .csv format for further minting. It’s important that at any moment of time you can upload actual wallets of your buyers no matter have they “move” their wallet or not.
And finally the pricing of our bot. It works on freemium model. You can create and use it for free.

When your sale overpasses 1000 Toncoin we begin to charge 2% of the sum of sales for each 1000 Toncoin collected during your pre-sales.

For example, in case of 10 000 Toncoin raised, you’ll have to pay 200 Toncoin for using our bot.

Digest of TON blockchain for March 2022

— Design of official site ton.org was changed.

— New platform where Toncoin can be bought: the biggest Russian p2p-aggregator bestchange.ru.

— Standard of NFTs’ smart-contracts and custom tokens came to Release status. It means that the participants of TON ecosystem will be able to start working on their own smart-contracts.

— The Developer Program’s Report for the first quarter of 2022 was published.

— The team Mintosaurs NFT launched a “Toncoin Monster” platform. As for now, it gives an opportunity to conduct pre-sales, further the functionality will be expanding (referral system, auctions, lotteries, airdrop-mechanics, system of access to more functions for holding NFTs).

— For 26th of March 372 453 wallets are registered in TON network.

@givemetons

Change of ticker TONCOIN —> TON on exchanges and CoinMarketCap

Recently the official community published the news about the change of the coin's ticker.

Why? The problem is that during the "powerless" period, when SEC closed the original Telegram project there appeared many copies which imitated belonging to TON.

And still on CoinMarketCap (abbreviated CMC) our favorite cryptocurrency is not the first on the TON query.

Now the Toncoin profile on CMC has become more popular and therefore may change the ticker to TON. And, finally, to rise to its rightful first place in the TON query, without giving traffic to "cheap Chinese replicas".

@givemetons

TON Blockchain capabilities: Correction of blocks in chain

Since the TON can potentially outcast Bitcoin from it's pedestal as main cryptocurrency in the world, it was necessary to think about the versions of protection from different fraudsters, who will try to use the weaknesses of decentralized systems into their benefit. Developers team needed to reduce the probability of «51 percent attack» and also do it with potentially possible forks (splitting of blockchain into independent cryptocurrency).

For the criminals attack’s reflection, a number of methods was developed on TON. TON solves «the problem of Byzantine Generals» as required for any blockchain. Furthermore, blockchain of Durov brothers allows to correct past blocks in chain of transactions in case if they were defined as fraudsters. This is the method of called vertical blockchain, which allows to create two-dimensional blockchain, where is «assigned» one additional block on top to the compromised block, in which is kept the instruction of its correction.

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TON Blockchain capabilities: Infinite sharding and outside-chained transactions

TON achieved transaction’s speed on network, which is equal to some seconds, comparable to the speed of the Visa and Mastercard payment systems. While Bitcoin transaction’s speed (the most popular cryptocurrency in the world) can endure more than one day.

In order to meet objective to increase the admitted network capacity and the speed of transactions, in TON are applied several revolutionary methods at the same time. Firstly, it’s an unlimited sharding. Already existing blockchains have a problem with the fact that the database of all transactions, which must keep in themselves miners, began to occupy hundreds of gigabytes, creating problems for blockchain’s further scale.

TON solves this problem with the aid of sharding, it means that the blockchain’s separation into individual parts, which work autonomously, with rare exception of the transaction’s sending between different shards. This economizes disk space for miners considerably (in TON they are called validators) and it helps significantly to accelerate the work of blockchain.

One more revolutionary innovation are off-chain transactions, which occur in blockchain, but they will not be brought in into the chain of transactions. They have weaker reliability, but they allow to make transactions instantly and free (validators don’t take commission for it because they must not execute the confirmation of similar transactions).

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👛

This is a built-in official animated sticker from Telegram.
It seemed to me??

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A bit from Toncoin history

Telegram had been working on its own blockchain platform, Telegram Open Network, since 2017. And since the beginning the TON (Telegram) team aimed their blockchain to be the most ideal blockchain’s realization in the world. TON (Telegram) would have to solve various weak points of modern crypto projects at the same time:

1. Transaction’s speed;
2. Protection from frauds;
3. Legislative limitations.

But in May 2020, the U.S. Securities and Exchange Commission (SEC) prohibited Telegram from launching a blockchain. As a result, Pavel Durov (Telegram CEO) had to abandon the project, and he transferred the domain, the repository on Github, and the trademark to a team of participants and winners of developer Telegram contests after their open request.

After that, the Telegram Open Network was renamed to The Open Network and the Gram token to Toncoin. On this channel we are talking about The Open Network blockchain and TON coin cryptocurrency.

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