TON Ecosystem
Telegram Open Network (TON) is a blockchain designed for fast, scalable transactions and decentralized applications, aiming to enhance digital communication and financial services within its ecosystem. Check out the table on this page that includes TON projects with descriptions and interest levels based on the CryptoTotem algorithm. Learn more ↓
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| Project name | Description | Interest lvl | ||
|---|---|---|---|---|
 | Dogs (DOGS) | Description DOGS is a meme token built on the TON blockchain inspired by the Spotty mascot with the Telegram mini-app. | Interest lvl | Add to Watchlist |
 | Catizen (CATI) | Description Catizen is a unique project that brings together the world of blockchain and the love of pets, especially cats. Upon entering the game, players create their own ... | Interest lvl | Add to Watchlist |
 | Ponchiqs (PONCH) | Description Ponchiqs is an AI-powered, blockchain-based game that plunges players into a whimsical, vibrant universe brimming with adorable, yet formidable creatures known ... | Interest lvl | Add to Watchlist |
 | BBQCoin (BBQ) | Description BBQCoin is a clicker game, a mini-app in telegram. | Interest lvl | Add to Watchlist |
 | Storm Trade (STORM) | Description Storm Trade is a social-first derivatives platform on Telegram, operating on the TON blockchain. It facilitates trading of cryptocurrencies, forex, equities, an ... | Interest lvl | Add to Watchlist |
 | Pixelverse (PIXFI) | Description Pixelverse is a quest-based battler set in a cyberpunk pixelated universe. Players engage in PvE battles, collect valuable items, and enhance their skills, all ... | Interest lvl | Add to Watchlist |
 | Fanton Fantasy Football (FNTF) | Description Fanton is a cutting-edge web3 Fantasy Football game seamlessly integrated into Telegram. In essence, it serves as a bridge between the traditional allure of dai ... | Interest lvl | Add to Watchlist |
 | War Three Kingdom (W3KT) | Description War Three Kingdoms is a blockchain-based auto-battle RPG game themed around the historical Three Kingdoms period. | Interest lvl | Add to Watchlist |
 | TonGPU (TGPU) | Description TonGPU - A Layer 1 designed specifically for AI and DePin computing power. | Interest lvl | Add to Watchlist |
 | MemeFi (MEMEFI) | Description MemeFi is a Web3 game that combines PvP and PvE gameplay. | Interest lvl | Add to Watchlist |
 | TFarm (HRC) | Description TFARM is an innovative blockchain game built right on the Telegram Webapp platform. It's an entertaining play-to-earn game based on themes of farming, animal hu ... | Interest lvl | Add to Watchlist |
 | Akronix (AKRON) | Description Akronix is a Play-to-Earn (P2E) crypto gaming platform, merging thrilling gameplay with cutting-edge blockchain technology. | Interest lvl | Add to Watchlist |
 | PinGo | Description PinGo serves as a medium - bridges idle computing power, effectively addressing problems of idle resources, powered by AI, DePin and Decloud. Seed ... | Interest lvl | Add to Watchlist |
 | GPT Wars (GPTW) | Description GPT Wars is the first free-to-play, AAA shooter survival game on TON, set in a dystopian future where players will face waves of robots. GPT Wars provides an ex ... | Interest lvl | Add to Watchlist |
 | Televerse | Description Televerse is building a gaming infrastructure on Telegram's TON blockchain. It provides developer gamekits and a gamebox platform for mini-games, enabling Web 2 ... | Interest lvl | Add to Watchlist |
 | MetaToken (MTK) | Description MetaToken is a casino that uses Web3 technology to innovate the gambling experience. It shares potential on-chain profits with players who invest in its $MTK to ... | Interest lvl | Add to Watchlist |
 | TonX20 (TONX) | Description TonX stands as a groundbreaking inscription protocol developed on the Ton blockchain. Our mission is to eradicate the chaos surrounding indiscriminate inscripti ... | Interest lvl | Add to Watchlist |
 | TonUP (UP) | Description TonUP is an outstanding Launchpad platform running on the TON blockchain, dedicated to discovering and fostering high-potential projects and presenting new oppo ... | Interest lvl | Add to Watchlist |
What is TON Blockchain
TON is an abbreviation for The Open Network. A project embodying a decentralized Web3 infrastructure, which aims to solve the problem of scalability and poor interoperability of blockchains.
The TON blockchain has its origins in 2018. A few years after the launch of the most popular messenger Telegram, which has more than 900,000,000 active users worldwide. At that time, Pavel Durov, together with his brother Nikolay Durov published the first technical document describing the concept of Telegram Open Network.
And their main task was to transfer the popular messenger Telegram to TON in order to make the most anonymous and secure application protected by its own proxy. At the time, TON was described as a platform for applications and services, literally an alternative to payment processors like Visa or MasterCard.
Today many people associate the TON platform with Pavel Durov and this is partly true, but the platform is owned by the community and a whole group of developers. It indicates that the system is in the hands of independent developers operating in accordance with the principles of decentralization. Also, The Open Network ecosystem is being developed under the careful guidance of the TON Foundation, whose staff is steadily replenished with experienced professionals who come to the community through public competitions.
Interesting fact. The Open Network is a spin-off of TG crypto project, Telegram Open Network, which the team could not launch as a result of regulatory pressure. As the development was in the free availability, several groups of developers took it as a basis for their own projects. Among them is The Open Network team.
Partners & investors
Over the course of its existence, the TON ecosystem has acquired an increasing number of strategic partnerships and investors.
Among the key partners:
- Telegram
- Tether
- Pantera Capital
- OKX
- ByBit
- Blockchain.com
- Wintermute
- Kenetic and many others.
Key mechanism of The Open Network
The Open Network system operates based on the PoS algorithm. However, according to the documentation, TON also uses the concept of Sharding.
Let’s look at key layers that provide high throughput and scalability:
- Masterchains with shared protocol information.
- Workchains are individual blockchains that communicate with the masterchain. They can use their own virtual machines, address and transaction formats, and their own tokens to pay for transactions, but remain compatible with the masterchain.
- Workchains are made up of shard blockchains, which only contain data on small sets of addresses. Shardchains of the same blockchain have the same block formats and run on the same virtual machine as the ‘parent’ blockchain.
Shardchains are responsible for the transactions of ‘their’ accounts, each workchain is responsible for its own shardchains, and the masterchains is responsible for all workchains. This interoperability allows the shardchains to communicate with each other, invoking smart contracts and conducting transactions in tokens.
TON developers are building a truly efficient, scalable and high-speed ecosystem. And as of today, it can be argued that The Open Network blockchain is outperforming ecosystems like Solana or Ethereum.
For example, at the end of 2023 TON set a world record by completing more than 100,000 transactions per second:
- At the peak of testing, the speed reached 108,409 TPS.
- TON performance significantly exceeded the efficiency of traditional bank payment systems and most popular blockchains.
As of today, TON has become much more than just a platform for P2P transactions. The TON ecosystem is underpinned by more than 1000 key components, including Exchanges, Wallets, NFTs Services, Explorers, Bridges, VPN and more.
But there are a few main constituent elements:
- TON blockchain
- DNS domain name system
- Storage system
- Websites
Also:
- Crypto-wallets
- Services of TON
- Staking section
- Integrated payment processing network
- Proxy system
- Explorer of applications
- Bridge to transfer between TON, ETH and Binance Smart Chain
- Register .ton domains
- Virtual phone numbers on the Fragment Marketplace
Token TONCoin
Toncoin (TON) is a native token on the TON blockchain. The cryptocurrency endows the ecosystem with high-speed transactions and a variety of decentralized applications that are closely tied to the Telegram messenger.
Usage of Toncoin token:
- Paying for advertising in Telegram.
- Buying usernames on Fragment.
- Transactions and transfers in the ecosystem.
- Participation in decentralized applications (DApps). TON cryptocurrency is also used in staking, integration with other cryptocurrencies and platforms and participation in voting.
Interesting fact. In July 2020, the Telegram team put all available Gram coins into smart contracts that could be mined by any user on equal terms.
This model was called Initial Proof of Work (IPoW). Thus, The Open Network became the first blockchain in history to combine the two consensus PoW and PoS.
Conclusion
As we can see, TON is able to provide a convenient infrastructure for mass adoption of cryptocurrencies. In tandem with Telegram, users get all functions in one place: money transfers, games, trading platforms, data storage services, etc.