What is TON

Learned by 7.8k usersPublished on 2024.03.29Last updated on 2025.01.26

3.17

-0.64%

  • Last Price3.17
  • Turnover (24h)62.11M
  • All-Time High8.25
  • Total Supply5.04B
  • Fully Diluted Market Cap16.02B
  • Ranking21
  • Market Cap14.2B
  • All-Time Low0.51
  • Circulating Supply4.47B

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

How to Buy The Open Network (TON)Learn now

1. Project Introduction
The Open Network (TON) is a Layer 1 blockchain deeply integrated with Telegram and built on a proof-of-stake (PoS) consensus algorithm. Its core components include:
TON Payments: A lightning network that allows any two parties to open payment channels. Transactions are recorded off-chain until the channel is closed, enhancing payment speed.
TON Staking Service: Enables Toncoin holders to lend their assets to validator nodes, ensuring that rewards earned by the validators are distributed to those who staked their assets through smart contracts.
TON DNS: Allows accounts, smart contracts, service nodes, and network nodes to purchase human-readable domain names.
TON Storage: Provides a solution for users to store files on the TON blockchain.
Summary: TON aims to provide a fast, low-cost, and secure blockchain solution. Backed by Telegram, it has rapidly grown since its launch and currently ranks 9th in the cryptocurrency market. As of now, TON has 1,220 dApps covering various sectors, including wallets, exchanges, games, and launchpads. The introduction of Telegram Bots in 2023 and a "click-to-earn" model in 2024 has further driven innovation and traffic to its ecosystem.
2. Team & Investment Info
Team:
Initially developed by Telegram's founders, the project was abandoned due to legal disputes with the SEC. It has since been developed by the TON community, which established the TON Foundation.
Funding:
In April 2022, the TON Foundation launched its ecosystem fund, securing $250 million in investments from several institutions. In July 2022, they established a new $90 million ecological fund, TON Alpha-Vista, with investors including VistaLabs, Alphanonce, Miner’s Fund, and Kilo Fund. In March 2024, Mirana Ventures announced a long-term partnership with TON, intending to invest $8 million in TON tokens.
3. Social Media URLs
X: https://x.com/VitaInuCoin
Telegram: https://www.t.me/VitaInu
Discord: https://discord.com/invite/vinu
Medium: https://medium.com/vitainu
YouTube: https://www.youtube.com/@VitaInuCoin
4. Token Info
Token Symbol: TON
Total Supply: 5,111,879,724
Token Type: ERC-20, TON
Contract Address: https://etherscan.io/token/0x582d872a1b094fc48f5de31d3b73f2d9be47def1
https://tonviewer.com/EQAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAM9c
5. Related Links
Official Website: https://ton.org/
White Paper: https://ton.org/whitepaper.pdf
Other Info: https://www.rootdata.com/Projects/detail/The%20Open%20Network?k=OTkz

Buy your first TON on HTXJoin

Trading

Spot
Futures

Hot Articles

How to Buy TON

Welcome to HTX.com! We've made purchasing The Open Network (TON) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy The Open Network (TON) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your The Open Network (TON)After purchasing your The Open Network (TON), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade The Open Network (TON)Easily trade The Open Network (TON) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

2.8k Total ViewsPublished 2024.03.29Updated 2025.03.21

What is TON

1. Project IntroductionThe Open Network (TON) is a Layer 1 blockchain deeply integrated with Telegram and built on a proof-of-stake (PoS) consensus algorithm. Its core components include:TON Payments: A lightning network that allows any two parties to open payment channels. Transactions are recorded off-chain until the channel is closed, enhancing payment speed.TON Staking Service: Enables Toncoin holders to lend their assets to validator nodes, ensuring that rewards earned by the validators are distributed to those who staked their assets through smart contracts.TON DNS: Allows accounts, smart contracts, service nodes, and network nodes to purchase human-readable domain names.TON Storage: Provides a solution for users to store files on the TON blockchain.Summary: TON aims to provide a fast, low-cost, and secure blockchain solution. Backed by Telegram, it has rapidly grown since its launch and currently ranks 9th in the cryptocurrency market. As of now, TON has 1,220 dApps covering various sectors, including wallets, exchanges, games, and launchpads. The introduction of Telegram Bots in 2023 and a "click-to-earn" model in 2024 has further driven innovation and traffic to its ecosystem.2. Team & Investment InfoTeam:Initially developed by Telegram's founders, the project was abandoned due to legal disputes with the SEC. It has since been developed by the TON community, which established the TON Foundation.Funding:In April 2022, the TON Foundation launched its ecosystem fund, securing $250 million in investments from several institutions. In July 2022, they established a new $90 million ecological fund, TON Alpha-Vista, with investors including VistaLabs, Alphanonce, Miner’s Fund, and Kilo Fund. In March 2024, Mirana Ventures announced a long-term partnership with TON, intending to invest $8 million in TON tokens.3. Social Media URLsX: https://x.com/VitaInuCoin Telegram: https://www.t.me/VitaInuDiscord: https://discord.com/invite/vinuMedium: https://medium.com/vitainuYouTube: https://www.youtube.com/@VitaInuCoin4. Token InfoToken Symbol: TONTotal Supply: 5,111,879,724Token Type: ERC-20, TONContract Address: https://etherscan.io/token/0x582d872a1b094fc48f5de31d3b73f2d9be47def1https://tonviewer.com/EQAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAM9c5. Related LinksOfficial Website: https://ton.org/White Paper: https://ton.org/whitepaper.pdfOther Info: https://www.rootdata.com/Projects/detail/The%20Open%20Network?k=OTkz

7.8k Total ViewsPublished 2024.03.29Updated 2025.01.26

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of TON (TON) are presented below.

活动图片

Top Questions