What is TON?
TON is a Layer 1 blockchain that strives to become a high-speed and scalable blockchain network.
When talking about TON, we must mention Telegram, the messaging software behind it. Telegram currently has 1.3 billion registered users worldwide and 900 million monthly active users. It is the third largest instant messaging software in the world, second only to Whatsapp and FB. Messenger. Also because of its large user base, TON is different from other blockchains in that its services do not have to deliberately attract users, but focus on how to lead these users into the world of web 3.0 and provide a smooth user experience.
TON technical features
Currently, in the blockchain, there are roughly the following methods to improve the speed and expansion of the blockchain:
Side chain: Construct a blockchain in addition to the main chain, and increase the speed and scalability of block services through a different consensus mechanism and processing speed from the mainnet. For example, Poiygon is a side chain of the Ethereum main chain.
Second layer: Build another layer on the original blockchain. The second layer will package the necessary block data to respond to the consensus mechanism of the mainnet, which can save a lot of transaction costs and time, such as well-known Layer 2 such as Arbitrum, Optimism, and Base. This is true.
Sharding technology: Divide the block data to be processed by the blockchain into many parts. Through parallel processing and communication between shards, the performance of the overall blockchain can be improved. However, in addition to security considerations, its architecture development also requires More complex ones, such as the Near night shadow protocol (danksharding), use this technology.
Parallel processing: Whether it is Solana's special mechanism that can handle high-concurrency transaction logic, or parallel processing like the Sui blockchain, transactions are synchronized through different mechanisms. It can be understood that when two transactions When transactions are irrelevant, traditional blockchain sorting processing is not required.
TON has adopted the more complex sharding mechanism and strengthened it into a wireless sharding mechanism. Its architecture includes a total of 4 layers of blockchain including the main chain, work chain, shard chain, and account chain, and has developed a unique "Hypercube Network Routing" is used to realize complex multi-shard cross-chain communication. Therefore, its multi-chain structure and infinite sharding and other technologies give TON the following characteristics.
High scalability: Unlimited sharding makes it extremely scalable and can generate up to 2^60 work chains, which can cope with almost any data processing situation.
Highly flexible: The sharding chain under the working chain can be split and merged according to the size of the data load through unlimited sharding technology, and is highly flexible.
In the test at the end of 2023, TON measured the highest TPS of the current blockchain, breaking through 100,000 transactions per second. This result exceeded the 65,000 TPS of Solana, which was previously known as the fastest blockchain, and also significantly exceeded the current Visa, Mastercard, etc. The mainstream centralized financial service provider shows the power of its technology.
TON token
key data
Market capitalization: US$16.8 billion, currently ranked 9th in market capitalization
Initial supply: 5 billion
Total supply: 5.1 billion (inflation rate 0.6% per year)
Current circulation: 2.4 billion coins
Circulation rate: 47%
The native token of TON ecology is $TON. The main purpose of the token is to pay gas on the chain and participate in governance. Through $TON, you can participate in activities on various necklaces and Telegram applications. Currently, you can directly open TON wallet in Telegram, and | _2024111120231_ | Deposit for activities, including chat rewards and transfers within the app, free of charge. You can also pledge it to earn income. The current APY is about 3.36%.
The price of the $TON token has also been particularly strong recently. Compared to last year, the price has increased nearly 7 times. Due to its large issuance, the growth rate is considerable, which also means that the market's acceptance of it is constantly increasing.
In addition to receiving eight-figure funding from MEXC Ventures last year and strategic financing from venture capital firm Animoca Brands last year, TON also received an investment of $8 million from Mirana Ventures in the secondary market $TON in March this year. A new round of TON investment has been launched, which shows that institutional investors are very optimistic about it.
If you want to know more about TON, please refer to our article: What is TON currency? Backed by Telegram’s 900 million users, it has entered the top ten cryptocurrencies - Daily Coin Research
What are the other opportunities to participate in TON currently?
Notcoin, which became popular on TON a few days ago, can no longer produce coins. We fully understand everyone who miss the pump again. Don’t worry, there are still many opportunities to participate. The author has compiled the following three free TON games for readers. For your reference, these are all opportunities that are easy to get started and don’t require too much effort, so don’t miss it~
Hamster Kombat hamster game
Hamster Kombat is a Tap 2 Earn mini-game on the TON chain. It currently has more than 100 million users and will conduct token airdrops on the TON chain to reward game players. It is currently one of the most popular mini-games.
In the game, players play the role of CEO of a cryptocurrency exchange and can upgrade various crypto skills. They can earn gold coins by clicking on the hamster on the screen, and then use gold coins to increase their daily income, including inviting friends and unlocking daily rewards. You can get extra rewards for all password tasks, and the gameplay is simple and interesting.
As of now, the official Twitter has nearly 9 million people following it, and Telegram has more than 40 million people following it. In addition, the official is also actively operating Youtube, with hamsters broadcasting crypto news every day, and the number of subscribers has exceeded 25 million, which is amazing.
Highlights of airdrop participation:
Hamster Kombat will issue tokens in July and airdrop tokens to gamers for the first time.
The number of gamers exceeds 100 million, which is about three times the peak of Notcoin. The market is expected to surpass Notcoin in popularity.
Since Notcoin was quickly listed on the Binance exchange, the market also expected that it might replicate its successful experience.
It is important to note that the official will determine the number of airdrops received by the user based on the user's profit per hour (Profit per hour) and other game parameters, rather than the number of gold coins, which also encourages players to continue to be active in the game.
Registration link: Hamster Kombat
Official Twitter: Hamster Kombat (@hamster_kombat) / X
Catizen cat training game - raised $XXX million
Catizen is developed by Pluto Studio, a developer that specializes in publishing web 3.0 games. Through cooperation and support with the TON Foundation, the Catizen game is launched. It currently ranks first in the TON ecological App. The current financing amount is unknown .
The content of the game is also very simple. Instead of tapping the screen, you can raise cats. Each player can raise 12 cats. The same cats can be combined and upgraded to increase income. You can earn cat gold coins by raising cats. You can also make simple payments. Or invite friends to get rewards. In the latest version, there is also a new mutual aid mode. You can get in-game tokens FishCoins and social points xZEN with the help of friends. It’s super sweet to play.
As of now, the official Twitter has 1.7 million people following it, the number of players has exceeded 20 million, and there are as many as 500,000 paying users. It can be said that it is very popular.
Highlights of airdrop participation:
The official stated that 42% of the tokens will be airdropped to players, which is a high proportion. The airdrop will be based on in-game performance rankings, social scores, etc.
Several TON ecosystem-related institutions participated in the investment, including TON Foundation, Web3com Ventures, Mask Network, etc.
The gameplay is different from Tap 2 Earn and may trigger another wave of craze.
The author believes that this game is worth participating in. After all, you don’t have to click the screen all the time, and it is very therapeutic to play. Friends who want to play casually should not miss it. However, I remind you to remember to connect to the TON wallet to avoid being unable to receive the airdrop.
Registration link: Catizen
Official Twitter: Catizen (@CatizenAI) / X
Pixeltap Pixelverse Game - Raises $5.5M
Pixeltap is a Tap 2 Earn mini-game that claims to have an upper limit of over 15 million users per month. It currently has two categories: Telegram games and web games.
The gameplay of the Telegram mini-game Pixeltap is also very simple. Earn coins by clicking, and constantly purchase monster upgrades to increase daily coins. Monsters can be paired with others for PK. If you win, you can earn more coins. There are also daily check-ins and invitations. Rewards and more.
There is currently not much content in web games. After players create a character, they can earn PIX points by feeding pets every day. In addition, they can also earn points by solving Dashboard content, mostly social media tasks.
At present, 1.9 million people are following the official Twitter, and the number of gamers has exceeded 26 million. It is also one of the TON games that has quickly become popular.
Highlights of airdrop participation:
The official said in April that it would airdrop $10 million in $PIXFI tokens to the community, which is very generous.
It has received a total investment of US$5.5 million from web 3.0 institutions such as Delphi Ventures, Merit Circle, and Mechanism Capital.
Currently, there is also an invitation reward lottery in the game. As long as you invite the top 500 players from 6/17 to 6/23, you can draw a reward of US$220,000. It can be said that you are not lenient in giving away money.
TG Pixelverse registration link: PixelTap by Pixelverse
Web registration link: Pixelverse | Dashboard
Official Twitter: Pixelverse (@pixelverse_xyz) / X
Summarize
The TON ecosystem has not been very popular before this year, and the market seems to have little interest in cross-industry entrepreneurship in communication software. However, because TON has a strong user group behind it, the starting point of the TON ecosystem is different from other crypto ecosystems, and even It can be said that it is far ahead of its opponents, and the development team has therefore taken Telegram's user base into consideration and developed a high-performance TON chain. The TON chain has also achieved over a thousand times of TVL growth this year, which is amazing.
Judging from the recent craze, TON has successfully attracted great attention from the market. It integrates web 3.0, finance, social and other elements through simple interactions, which can be said to have created a unique new gameplay. The author believes that this trend will not end here. It is very likely that it will spread to other applications of TON. We are very much looking forward to the development of the TON ecosystem in this bull market. Let us wait and see!
