• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Former TON Foundation Directors Launch TON Society to Promote Decentralization in TON

user avatar

by Giorgi Kostiuk

a year ago


  1. TON Society Roots and Approach
  2. TON Society ID
  3. TON Ventures' $40 Million Fund

  4. Former directors of the TON Foundation have officially launched the TON Society, a company dedicated to advancing decentralization within The Open Network (TON).

    TON Society Roots and Approach

    TON Society originated as a 'grassroots initiative' across nine global event hubs in Asia and Europe and now aims to encourage active community participation. The company will reward members participating in events, activities, and challenges with onchain achievement badges.

    While many decentralized communities claim to represent the voice of the community, they do nothing to organize it properly and find the true consensus in their community’s voice.Jack Booth, co-founder of TON Society

    TON Society ID

    The onchain ID system will enable members to 'open the doors to a reputation-based governance on TON' and support TON projects to engage users and promote deeper community involvement. The ID system will be integrated into all aspects of TON Society, providing opportunities for event participation, online activities and quests, as well as publishing rights in community channels and eligibility for airdrops.

    TON Ventures' $40 Million Fund

    In a similar development, former senior members of the TON Foundation launched the TON Ventures fund with $40 million to support early-stage crypto projects within the TON ecosystem. The fund aims to help connect investors and builders to boost innovation and growth in TON. Selected projects will have access to the team's global resources and extensive experience.

    The launch of TON Society and the TON Ventures fund marks new stages in the development of TON, aimed at strengthening the community and supporting innovation within the ecosystem.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Japan Raises Interest Rates, Ending Ultraloose Monetary Policy

chest

The Bank of Japan raises interest rates to 0.75%, marking the end of decades of ultraloose monetary policy.

user avatarLeo van der Veen

Trade Disputes Highlight International Commerce Transformation

chest

The ongoing case reflects the changing landscape of international commerce and previous trade dispute challenges.

user avatarAisha Farooq

US Supreme Court to Rule on Trump's Tariffs

chest

The US Supreme Court is set to evaluate the legality of President Trump's tariffs on imports from several countries, including Mexico and China.

user avatarLi Weicheng

Elon Musk Endorses Bitcoin's Energy-Based System in Recent Podcast

chest

Elon Musk endorses Bitcoin's energy-based system, stating energy is the true currency, potentially boosting Bitcoin's perception in the crypto space.

user avatarTenzin Dorje

Ethereum's Hegota Upgrade Set for 2026 After Glamsterdam

chest

Following the Glamsterdam upgrade, Ethereum developers plan the Hegota upgrade for the second half of 2026 to address node storage capacity issues and maintain decentralization.

user avatarBayarjavkhlan Ganbaatar

AI's Potential to Revive the NFT Market

chest

The report suggests that the integration of AI could lead to a resurgence in interest for NFTs and digital collectibles.

user avatarMohamed Farouk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.