Expansion of TON Foundation Partnership with Telegram for Enhanced Blockchain Integration
Expansion of TON Partnership with Telegram
The Open Network Foundation, commonly known as TON Foundation, has just announced a significant expansion of its partnership with the popular messaging app, Telegram. This development is poised to revolutionize how users interact with the blockchain through Telegram, which boasts over 950 million active users worldwide.
In this collaboration, TON has been designated as the exclusive blockchain powering Telegram’s Mini App Platform. This means that all Web3 mini apps built within Telegram will leverage TON's advanced infrastructure, ensuring a seamless and efficient user experience. Since the inception of their partnership in 2023, there has been noteworthy growth within the TON ecosystem, including increased usage of Toncoin for payments and the enhancement of Telegram’s advertising platform. This exclusivity agreement further solidifies the technological partnership between the two entities.
TON Connect: Streamlining User Interaction
One of the landmark features of this partnership is the implementation of TON’s wallet connect protocol, aptly named TON Connect. This serves as the sole method for linking Telegram Mini Apps to blockchain wallets, simplifying transactions for users. With this new arrangement, all mini apps utilizing blockchain will rely on TON, allowing users to conduct blockchain transactions with ease.
Furthermore, Telegram Mini App developers must transition to using TON Connect in the upcoming month, ensuring all blockchain activities, including custodial transactions and on-chain asset management, are streamlined. This move is expected to improve the functionality and reliability of apps within the Telegram ecosystem.
The Sole Currency: Toncoin
In addition to the technological updates, Telegram will adopt Toncoin as its exclusive cryptocurrency for non-fiat payments within its platform. Users can expect to use Toncoin for various services, including Telegram Premium, Telegram Ads, and the new Telegram Gateway, which functions as an alternative to traditional SMS verification. Notably, developers for Telegram Mini Apps will also be compensated using Toncoin for their efforts in the ecosystem.
Tokenization is another critical aspect of this partnership. Telegram plans to tokenize various digital assets, including stickers, emojis, and limited-edition gifts as NFTs, all built on the robust TON Blockchain. This process not only enhances digital ownership but also empowers creators on the platform.
A Shared Vision for the Future
Manuel Stotz, President of the TON Foundation, emphasized the importance of this partnership. He stated, "After laying foundational groundwork over the last years, TON is now ready for explosive growth in 2025. The re-energized, deepened, and exclusive partnership with Telegram is an important step in our roadmap." Stotz’s vision includes extending the platform's reach to empower over 500 million users by the end of the decade.
Developer Support and Guidelines
Developers building on the Telegram platform are urged to initiate their transition as soon as possible to prevent service interruptions for users. The TON Foundation promises additional benefits for those who comply with Telegram’s migration deadline, including marketing support and resources.
For detailed guidelines and FAQs, developers can visit the official TON website to stay updated and ensure a smooth transition into this new ecosystem powered by blockchain technology.
About the Organizations
Telegram
Telegram is renowned for its secure and user-friendly messaging capabilities, emphasizing privacy and fast communications. With an ever-growing user base, it stands out as a key player in the digital communication landscape.
TON Foundation
Founded in Switzerland in 2023, the TON Foundation is committed to supporting the TON ecosystem. As a non-profit entity, it promotes collaboration and development in a community-driven manner, emphasizing transparency and open-source principles.
For more updates on this partnership and the evolution of the TON ecosystem, keep an eye on the official channels from both the TON Foundation and Telegram.