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    Home»Crypto Market Trends»Telegram Partners with TON Blockchain to Build Exclusive Crypto Ecosystem
    Crypto Market Trends

    Telegram Partners with TON Blockchain to Build Exclusive Crypto Ecosystem

    Team_SimonCryptoBy Team_SimonCryptoJanuary 22, 2025No Comments3 Mins Read
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    Transitioning to TON Blockchain

    The announcement, shared with Telegram’s huge international person base of over 950 million energetic customers, highlights the corporate’s concentrate on standardizing its blockchain operations. In accordance with the TON Foundation, this transfer goals to create a extra constant expertise whereas enhancing safety. 

    As a part of this transition, all Mini Apps and video games inside Telegram that contain cryptocurrency options should migrate to the TON blockchain. Builders utilizing different blockchains like Sui (SUI) or Aptos (APT) might want to adapt shortly, as Telegram has set a strict deadline for compliance.

    Along with this, TON Join will now function the only real pockets integration protocol for Telegram’s Mini Apps. Exceptions will solely be made for bridging eventualities. This exclusivity ensures that builders observe unified requirements, additional simplifying the person expertise.

    Rekindling the TON Partnership

    Telegram’s partnership with TON has an fascinating historical past. Initially developed by Telegram, the TON challenge encountered regulatory hurdles in 2020, resulting in its handover to unbiased builders. Since then, the TON Basis has considerably superior the blockchain. Their efforts have culminated in options just like the TON Pockets app, crypto video games, and Toncoin (TON) as an in-app forex. This rekindled relationship alerts a renewed dedication to increasing Telegram’s crypto ecosystem by TON.

    Telegram additionally goals to make use of TON for different progressive initiatives, resembling tradable NFTs, which might be used as in-app stickers. This challenge represents a brand new step ahead for the platform when it comes to exploring new potentialities in blockchain technology and growing person engagement.

    Incentives for Builders

    To facilitate the transition to TON, the TON Basis is providing monetary help. Initiatives that migrate inside 30 days are eligible for grants of as much as $50,000. Nevertheless, there’s a caveat—initiatives that beforehand obtained grants from the Basis will not be eligible for this help. This grant program displays the Basis’s dedication to making sure a easy migration for builders.

    Addressing Safety Considerations

    Safety considerations are a significant component driving this determination. Reviews from Scam Sniffer have highlighted a 2,000% rise in crypto phishing assaults on Telegram since late 2024. Scammers have exploited the platform’s open nature to focus on unsuspecting customers. By centralizing blockchain exercise below TON, Telegram goals to curb these dangers. The exclusivity association permits Telegram to implement stricter safety requirements throughout Mini Apps, doubtlessly lowering scams and bolstering person belief.

    Telegram founder Pavel Durov talked about the development in safety in opposition to scamming, hinting on the partnership with TON. Such a unified blockchain framework wouldn’t solely enhance Telegram’s effectivity but in addition guarantee safety for its customers.

    Challenges and Criticism

    Regardless of its benefits, the exclusivity deal has drawn criticism. Builders who depend on blockchains apart from TON face vital challenges in assembly the 30-day migration deadline. For a lot of, this tight timeline might require substantial effort to adapt their purposes, resulting in frustration.

    Whereas the partnership between Telegram and TON units the stage for a extra built-in and safe ecosystem, the transition isn’t with out hurdles. The choice displays a forward-thinking strategy but in addition underscores the challenges of adapting to a quickly evolving blockchain panorama. For Telegram customers and builders alike, the shift to TON represents each alternative and adjustment.



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