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TON (The Open Network) Blockchain

Blockchain and Cryptocurrency
Founded
--
Employees
--
Total Funding
$35.0M
Funding Rounds
2
Last Funding
2024-09-23

About TON (The Open Network) Blockchain

The Open Network (TON) is a decentralized and open internet platform designed to onboard 500 million people on-chain. It is built by the community using technology developed by Telegram, aiming to provide a fast, secure, and global blockchain network for various applications and services.

Products & Services

Toncoin:TON's native cryptocurrency used for network operations, transactions, games, and collectibles.
Get a Wallet:A service to start using TON directly from Telegram, offering commission-free crypto transfers and full control of digital assets.
Stake:Allows users to contribute to network security using Toncoin through nominator pools.
Accept Payments:Enables worldwide, direct acceptance of Toncoin payments at low fees.
Apps & Services:A collection of ecosystem applications accessible via Telegram, including eSIM for internet, dating platforms, and collectible marketplaces.
Domains:Provides easy-to-remember addresses for wallets or websites within the TON network.
USDT on TON:Supports stablecoin usage on the TON network.
Cross-Chain Bridges:Facilitates asset transfers from other blockchain networks to TON.
TON Sites:Allows launching Web3 sites on TON as part of a decentralized internet.
TON Storage:Offers decentralized storage solutions for secure data management.
Telegram Mini Apps:Enables developers to build apps with access to millions of Telegram users.
GameFi:Supports decentralized gaming on TON with access to Telegram's audience.
DeFi:Provides early access to decentralized finance solutions with fast transactions.

Specialties

Decentralized Internet Blockchain Technology Cryptocurrency Decentralized Finance (DeFi) GameFi Web3 Development Telegram Integration

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Strategic Investment
T: -
FT: Strategic Investment
A: 30000000
MR: -
FA: $30 million
FAN: 30000000
D: 2024-09-23
FD: 2024-09-23
2 investors
2 RT: Incentive Program
T: -
FT: Incentive Program
A: 5000000
MR: -
FA: $5 million
FAN: 5000000
D: 2024-04-09
FD: 2024-04-09
-
Strategic Investment Latest
2024-09-23
$30.0M
2 investors (Pro only)
Incentive Program 2024-04-09
$5.0M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

No team data available

Team information is not yet available for this company

Recent News

TON (The Open Network) Blockchain Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

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Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Website
ton.org
Industries
Blockchain and Cryptocurrency

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Technology Stack

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