Today is Telegram’s birthday. The old messenger turns 12 years old. It’s high time to remember TON. It was announced in 2018 by the Telegram team as “Telegram Open Network”. The blockchain was planned to become the native infrastructure for financial transactions and decentralized applications within Telegram.
In 2020, due to legal proceedings with the SEC, Telegram stopped direct participation in the project, and the community continued development under the brand The Open Network. The TON architecture consists of the main blockchain, parallel working chains and shards, a tool for dividing into segments. The coin has great potential, over the past month it has gained just over 19%, trading at 3.6 with a market capitalization of $9.13B. But, taking into account all the projects based on TON, the coin can grow even more. In 2021, many NFT projects were launched on the TON platform, which may just be waiting in the wings and launching the coin into space.
The only obstacle to the development of the TON ecosystem is Pavel Durov’s legal proceedings, which are currently on hold. And the founder of Telegram himself was released and has already given an interview to Tucker Carlson. This is clearly a positive development.
Thus, Telegram’s birthday is not just the date of its commercial launch, but a symbol of the beginning of a new era: when a large platform actively combines social media, finance and blockchain. And TON itself is a case that marked the emergence of blockchain from a technical “niche” and becoming part of the daily digital life of a billion people.
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