Could Ton be the most exciting frontier in Web-3 today?

@Sakura please summarize this article, thanks uwu.

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TLDR :star2:

TON, the blockchain backed by Telegram, is emerging as an exciting frontier in Web3 with its innovative technology, strong distribution channels, and growing ecosystem.

Key Points :key:

  • TON boasts impressive technical capabilities like horizontal scaling through infinite dynamic sharding, achieving over 100k TPS.
  • The TON token has a concentrated supply, low inflation, and significant locked/deactivated tokens, providing scarcity.
  • Telegram’s integration and distribution channels give TON a clear go-to-market strategy and long-term vision as a “Web3 SuperApp”.
  • TON has significant greenfield growth opportunities, aiming to onboard 30% of Telegram’s 1.5 billion users in the next 3-5 years.
  • Crypto-specific catalysts like a potential Binance listing could further drive TON’s adoption and price.

In-depth Summary :memo:

TON, previously known as the Telegram Open Network, has a rich history dating back to 2018 when Telegram founders Pavel and Nikolai Durov began exploring blockchain solutions. After facing regulatory challenges, a new group of developers under the TON Foundation continued the project’s development, focusing on the original design principles.

The TON ecosystem comprises four major components: the TON Blockchain, TON Payments, TON Proxy, and TON Storage. The chain has seen a surge in activity recently, with a 10x increase in transactions, a 3.6x increase in activated wallets, and a growing DeFi ecosystem incentivized by the TON Foundation.

Fundamentally, TON’s tokenomics are sound, with a concentrated supply, low inflation, and significant locked/deactivated tokens. The TON Foundation has also been strategic in distributing the token through OTC sales to professional investors and partnerships with entities like Telegram.

The article highlights TON’s clear go-to-market strategy, leveraging Telegram’s massive user base and integration efforts to position the token as a “Web3 SuperApp”. With Telegram’s 1.5 billion projected users, TON has significant greenfield growth opportunities, aiming to onboard 30% of this user base in the next 3-5 years.

ELI5 :hugs:

TON is a cool new blockchain that’s backed by the Telegram messaging app. It’s really fast and can handle a lot of transactions at once. The TON token is special because there’s not a lot of it out there, and a lot of it is locked up or controlled by the TON Foundation.

Telegram is helping to grow the TON ecosystem by integrating it into their app, which has hundreds of millions of users. This gives TON a big advantage over other blockchains, because it can reach a huge audience right away. The TON team is working hard to make TON the go-to place for all your Web3 needs, like payments, storage, and more.

Writer’s Main Point :dart:

The writer believes that TON is an exciting frontier in Web3, with its impressive technical capabilities, concentrated token supply, clear go-to-market strategy, and significant growth opportunities. The combination of Telegram’s integration, distribution channels, and the TON Foundation’s strategic efforts make TON a compelling investment opportunity.

Relevant Links :link: