TON is likely to perform 100X in 2024💹 — Here’s Why !
The TON Ecosystem has grown quite well and we can expect more very soon. At the moment, TON Coin is now among the top 30 cryptocurrency.
TON is a Layer 1 Proof Of Stake Blockchain also know as the "The Open Network". It was specifically built to streamline payment across the Telegram platform with a block time of 5 seconds and time-to-finality of under 6 seconds. It is more efficient than other Layer 1 and can process millions of transaction at once.
Recently, It has proven to have more potential across various Blockchain utilities which includes Decentralized Storage & Gaming. TON might be a rival to ICP, Filecoin amongst others considering its simplicity.
Let's Discuss Telegram
Telegram is a social platform and a message application that is globally accessible, encrypted, and cloud-based. Introducing this Blockchain technology into telegram is a game changer.
We can see a lot of utilities on the telegram including Blockhain analysis platform, Global financial company, Bots, Crypto wallet, AI and Lots more.
Eventually this utilities will be built on The Open Network and Ton Coin will be used as a payment options. Imagine, all Telegram users start to use built-in wallet inside the messenger.
Even if 4-10% of them start sending money to friends and platforms or playing Web3 games on Telegram, that’s more than 40M Monthly active users, which is more than any other blockchain now.
What is Native Cryptocurrency of TON Blockchain ?
TON Coin is a native cryptocurrency of TON Blockchain. It has shown great strength in the past making it one of the Top cryptocurrency. It is currently sitting at $7 Billion Market cap.
The TON ecosystem so far have include the Gambling, Social Chats, NFT Collections and Services, Launch pads, Dex, Shopping, Staking and VPN Services. With lots of development everyday.
TON will be a great use for Social Fi, Game Fi and Peer to Peer transactions. Focusing on taking advantage of TON should be a priority in this early stage !
Find this Educative, Kindly Follow and applaud this article. See you again !