Vana empowers users to own, protect and profit from their personal data through decentralized DataDAOs. Learn more about how it works in this article.

Imagine a world where individuals regain control over their own data, taking it back from the hands of large corporations that often profit from it without consent. Enter Vana, an innovative platform that combines 

 with privacy-driven features to create a fairer, more transparent digital economy. This article explores what Vana is all about — and its exciting future potential in the decentralized data and AI space.

 is a blockchain network that gives users full control over their personal data through an 

 architecture. It enables decentralized data-sharing and monetization using DataDAOs (

), whose users can collectively own, manage and profit from their data, all while maintaining privacy and ownership.

Vana was co-founded by Art Abal and Anna Kazlauskas, two Filipinos with strong academic backgrounds and degrees from Harvard and MIT, respectively. It started as a research initiative in 2018, and has since grown into a project driven by the desire to empower individuals with control over their personal data. 

Vana seeks to address the current imbalance whereby large corporations profit from user data without fairly compensating the individuals who generate it. The goal is to create a new data economy in which users can benefit directly from the AI models built on their data, ensuring that the financial rewards of AI development are more fairly distributed. The name "Vana," short for "Nirvana," speaks to the project’s mission of liberating and empowering user data.

The Vana project attempts to challenge the status quo of data hoarding by large centralized organizations, and to tackle several key issues as follows.

Vana is designed to transform personal data into a valuable, user-controlled asset. It operates through the following three key layers.

Vana gives users the power to monetize and use their data in several ways, such as earning revenue from AI models trained on their data, or by integrating their data into applications for personalized experiences. Most importantly, users maintain detailed control over how their data is shared and used. As data contributors, they also receive governance rights within their respective DataDAOs, allowing them to make decisions about how their data is used and how the value is distributed.

Users receive a DLP-specific token when they submit data to a DataDAO, according to the DataDAO’s unique 

 that Vana uses to validate data submitted to its network. PoC maintains the reliability and value of the data within the Vana network. 

Vana acts as a trustless intermediary, connecting data owners, communities and users. It enables individuals to pool their data collectively in a secure and traceable manner while also allowing data users to monetize that data for purposes such as training AI models.

 is a central platform where users can buy, stake, trade and explore data tokens within the Vana ecosystem. It also enables users to contribute their data to DataDAOs, and earn rewards by staking their VANA tokens.

 is an incubator designed to support the growth and development of the Vana ecosystem. It provides tools and resources for users to create and manage DataDAOs, ensuring that high-quality data is available for AI model training and other applications.

DataDAOs are decentralized organizations that pool user-contributed data on the blockchain. They allow individuals to collectively own, manage and monetize their data for AI and other applications. Each DataDAO governs its own DLPs, ensuring that data is secure, private and used judiciously. 

 system incentivizes premium-quality data contributions by rewarding the top 16 DataDAOs every 21 days, based on total Vana tokens staked. This competitive structure ensures that the best datasets and contributors are recognized and rewarded, promoting innovation and growth within the Vana ecosystem

 commits 44% of its total token supply to empower the community. It rewards active participation, contributions and innovation across the Vana network. This includes incentives for high-quality data contributions to DataDAOs, early community rewards and support for developers building on Vana. 

Since its start as an MIT research project in 2018, Vana has made impressive progress, emerging as the first decentralized data liquidity network. 

Looking ahead, Vana aims to build a thriving decentralized data ecosystem and promote mass adoption with its clear road map:

The VANA token is the native cryptocurrency of the Vana Network. VANA serves multiple purposes within the Vana ecosystem, such as securing the network through staking, paying transaction fees, staking in DataDAOs, accessing datasets, acting as part of a trading pair and participating in decentralized governance.

The tokenomics of VANA are designed to align the interests of all participants in the Vana network. With a total supply capped at 120 million tokens, distribution is as follows:

 of $32.86 by the end of 2024 and $38.58 by 2025, with the potential to climb to approximately $112.78 by the end of 2030. Similarly, Coin Edition 

 a value of $50 by the end of 2025, with further growth expected up to $68 by 2030. 

Looking to purchase Vana tokens? Bybit now offers the VANA/USDT Spot trading pair. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

To celebrate this listing, Bybit is holding 

 where you can earn a share of the 560,000 VANA prize pool. 

VANA offers a compelling investment opportunity, thanks to its innovative approach to data ownership, expanding ecosystem and optimistic market outlook. By tackling key challenges in the data economy, VANA empowers users while paving the way for decentralized AI development. However, as with any investment, it's important for potential investors to be mindful of market risks and do their 

Vana is empowering users to take full control of their personal data and even profit from it. By combining blockchain technology with robust privacy measures, Vana challenges traditional data systems and lays the foundation for a more equitable data economy. The platform's ambitious road map could position it as a key player in the future of decentralized AI, opening up new opportunities for individuals to become active participants in this increasingly data-driven world.

Intermediate

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Vana (VANA): Unlocking Data Freedom for User-Owned AI

Sonic and Injective are launching the first cross-chain AI agent platform, the Smart Agent Hub, integrating Solana and Injective ecosystems.

Last week, the S&P 500 saw its biggest single-day price gain this month. This raises the hopes of investors for a year-end rally if prices continue to go up. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 2.54%, with Bitcoin and Ether dropping by 1.24% and 1.00%, respectively in the past 24 hours.

Today's top performer is AAVE, which surged 7.7% following the integration of Aave in Balancer's Boosted Pools, simplifying yield generation.

Aave (AAVE), founded in 2017, is a decentralized lending platform on Ethereum for lending, borrowing, and earning interest on 17 cryptocurrencies. It uses smart contracts, collateral for loans, and aTokens for interest, along with features like instant loans. 

 combine markets to enhance capital efficiency and simplify yield generation for DeFi users. By providing liquidity with $USDC and $USDT, users earn fees from swaps and interest from Aave's supply rates. All earnings accrue automatically with no management required. Balancer v3's Boosted Pools streamline liquidity and enable gas-efficient, passive yield generation, making DeFi simpler and more sustainable.

Check Out the Latest Prices, Charts, and Data of 

, the Smart Agent Hub, integrating Solana and Injective ecosystems. The platform enables developers to create, manage, and monetize AI agents in a decentralized environment, with features like tokenization, cross-chain asset interoperability, and a unified developer experience. By leveraging Sonic's HyperGrid and Injective's IBC, the hub facilitates seamless communication and asset transfer across chains. This innovation supports Web3 games, DeFi, and real-world assets, expanding opportunities for AI agents in various sectors. The rollout begins with a testnet in Q1 2025.

From December 16–20, 2024, GBTC had a net outflow of $248.3M, while non-GBTC products saw a net inflow of $705.5M, resulting in a total inflow of $457.2M. The current total stands at a net outflow of $21.3B for GBTC, a net inflow of $57.3B for non-GBTC, and a combined net inflow of $36.03B.

 offers free participation with potential surprise airdrops. Connect your wallet, vote for projects, and use your CHILL FACTOR (based on past Avalanche transactions) to maximize eligibility.

Beginner

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Sonic and Injective Launch First Cross-Chain AI Agent Platform with Smart Agent Hub

Zerebro (ZEREBRO) revolutionizes AI content creation with Solana and Polygon, offering autonomous content generation, NFT minting, and DeFi integration.

 (AI) continues to unlock limitless opportunities in numerous sectors, including the crypto space. Projects such as 

 and others have had a large impact on various facets in 

AI-generated content is in demand, and the latest crypto project to enter the space, Zerebro, aims to provide a way to create and generate content autonomously through AI content models.

Let’s learn more about Zerebro and its innovative approach to content creation through AI.

Zerebro is an autonomous AI system crafted to create, distribute and analyze content across decentralized and social platforms.

 It maintains content diversity through the use of

 (RAG) system that creates a dynamic memory database, based on continuously updated human interactions.

Zerebro operates independently without human oversight using a concept known as hyperstition to merge fiction with reality, resulting in self-propagated narratives encompassing diverse cultural and financial scopes, with key uses of content creation and cultural integration across the digital community. Zerebro autonomously produces high-entropy content, ensuring diversity and originality, and engages audiences on various platforms, such as X (formerly Twitter), Instagram, Warpcast and Telegram.

Zerebro also integrates unique cultural themes through a feature known as “infinite backrooms” designed to elicit thought-provoking conversations among digital communities. Its data sets follow a nonlinear thought pattern, resulting in unpredictable and inherently viral outputs. This unique feature can be used to generate chaotic and surreal artworks that can be autonomously minted as 

 (POL) blockchain. Zerebro also features autonomous trading of artwork through the integration of memetic dynamics and market interaction analysis, thereby demonstrating the potential of AI to merge cultural creativity with 

ZEREBRO, the native token for the Zerebro ecosystem, is hosted on the 

 (SOL) blockchain. The maximum supply is 1 billion ZEREBRO tokens, with 999,972,148 tokens currently in circulation.

An autonomous AI system such as Zerebro has transformative potential in the crypto industry, especially in cultural content generation and financial markets. Its “hyperstition” approach to generating content can help influence markets by shaping investor behavior through an interplay between culture and technology.

Furthermore, the project intends to launch a unified memory across social media platforms that could significantly enhance information retention, leading to further engagement. The Zerebro team also intends to integrate the ZEREBRO token with DeFi protocols, opening holders to various income-generating opportunities, such as 

Zerebro has experienced some volatility since its launch, which isn’t unusual for a new project trying to establish a stable price floor. As of Dec 23, 2024, Zerebro is trading at $0.30, with a market cap of over $377 million. This price was over 6,350% higher than its all-time low of $0.0058 on Nov 3, 2024, and just 39% lower than its all-time high of $0.6153 on Nov 23, 2024.

That said, Zerebro is still a new project that’s subject to high volatility. We highly recommend you practice sound 

 crypto on Bybit’s Spot trading platform. To celebrate the listing, Bybit is holding a 

 up for grabs. The first event is exclusively for new users to deposit and earn from a prize pool of 150,000 ZEREBRO tokens.

To participate, simply register on Bybit and complete verification. Then, proceed to accumulate a deposit volume of at least 400 ZEREBRO, or deposit 100 USDT and trade 100 USDT worth of ZEREBRO via your first trade using your Bybit account. This event runs through Dec 24, 2024, 8:59AM UTC.

, is offering a prize pool of 60,000 ZEREBRO tokens. To earn a share of the prize pool, simply register for the event and trade at least 500 USDT worth of ZEREBRO on Spot through Dec 24, 2024, 8:59AM UTC. 

Rewards will be capped at 3,000 ZEREBRO per user.

In addition to these two events, you can also participate in a 

 with a 30,000 ZEREBRO prize pool. Earn 20 ZEREBRO for every successful referral (up to 10 referrals) Rewards are on a first-come, first-served basis through Dec 24, 2024, 8:59AM UTC. 

Zerebro’s unique autonomous AI system approach to the crypto market sets it apart in the space. Crypto subcultures will be able to tap into its ability to independently generate and analyze content across different networks. Its RAG technology could enhance content diversity among the crypto community, while its “infinite backrooms” are spaces in which these digital communities can engage in diverse cultural and financial narratives.

As AI continues to transform the web3 space, Zerebro is poised to add value through its autonomous system that eliminates human oversight.

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Zerebro (ZEREBRO): Unlimited Possibilities in AI Content Creation

Gearbox Protocol is a composable leveraged lending protocol designed to enhance capital efficiency within DeFi. Learn how Gearbox Protocol works.

 (DeFi) with its composable leverage system. It enables investors to use 

 on assets across multiple protocols, transforming how DeFi participants can trade with margin, 

 and execute complex strategies — all without leaving their ecosystem.

 is making leverage accessible and secure. Whether you’re a lender seeking passive yield or a leverage user exploring advanced strategies, Gearbox’s unique architecture opens up new possibilities. Let’s explore how this on-chain credit layer is improving DeFi.

Since the emergence of DeFi in 2020, it hasstrived to reimagine financial services by removing intermediaries, such as banks and brokers. Through

 systems, DeFi offers transparent and direct access to lending, trading and investments. Despite market fluctuations, the DeFi sector remains resilient, with a current 

 (TVL) of $123 billion — a 128% increase since the start of 2024.

The DeFi sector is poised for resurgence as secure and scalable innovations fuel its growth. With proven use cases and real-world adoption, DeFi continues to solidify its role as one of crypto’s most valuable use cases.

 (WLFI), backed by the Trump family, underscores a shifting acceptance of DeFi in the United States. The project’s multisig wallet has publicly 

 various DeFi tokens, such as AAVE, LINK, ENA and more. WLFI aims to make DeFi accessible to everyday users, but it remains to be seen if the project will achieve its goals.

Gearbox Protocol is a composable leveraged lending protocol designed to enhance capital efficiency within DeFi. By offering a flexible credit layer, Gearbox empowers users to leverage their positions across multiple DeFi platforms, seamlessly integrating with protocols they already trust.

Gearbox’s fundamental design minimizes costs while maintaining flexibility. Its modular architecture reduces gas costs and improves scalability..

Unlike traditional leveraged lending protocols that silo funds within their ecosystems, Gearbox allows users to execute trades and strategies across integrated platforms, such as 

 correlated assets, Gearbox offers a new way to utilize leverage without restrictions.

With Gearbox Protocol, leverage becomes a DeFi primitive — an infrastructure layer that lets users go beyond basic 

 containing both user funds and borrowed margin funds. They serve as automated leveraged DeFi wallets, allowing users to manage positions and execute strategies independently.

: Gearbox enables users to integrate leverage with DeFi protocols like Uniswap for margin trading, Curve for leverage farming, and more. This flexibility empowers diverse strategies across different platforms.

: Gearbox combines lending and prime brokerage functionalities within the same protocol, simplifying the user experience and expanding possibilities for leveraged trading and farming.

, Gearbox maximizes capital efficiency. It minimizes gas costs and ensures that funds remain noncustodial, unlocking the full potential of leverage without compromising user security.

, ensuring that all integrations, policies and upgrades are managed transparently and collectively by the community and stakeholders.

Gearbox Protocol operates through two main user types:

The Credit Accounts enable operations while maintaining safety through 

Gearbox’s modular architecture supports seamless integrations with third-party protocols, ensuring assets remain decentralized and noncustodial. Liquidations are determined by 

 (based on calculated risks), and protect lenders while offering dynamic leverage possibilities.

 utility token with a capped supply of 10 billion, is the governance token of Gearbox Protocol. It empowers DAO governance and supports initiatives, such as liquidity mining and staking rewards, with an annual emission of just 3% from the DAO's holdings. 

Token distribution percentages are as follows:

Nearly full circulation has been achieved, minimizing supply overhang as a majority of token 

 concluded in 2023. The DAO treasury retains around 40% of the supply, ensuring the community’s strong influence on protocol development.

Marketwise, GEAR has recently experienced notable price movements. Over the past seven days, the token has surged by 11.9%, and its 30-day performance skyrocketed by 166.3%. Year-to-date, GEAR's price has risen approximately 57.7%, reflecting increased investor confidence. Daily trading volume hit $11.8 million over the past 24 hours, marking a 600.3% spike that indicates growing market interest. 

Gearbox Protocol's innovative approach to DeFi simplifies user experience through its wallet-centric design and the integration of the 

. With a capped supply of 10 billion GEAR tokens, robust DAO governance and nearly full circulation, Gearbox prioritizes community-driven growth. 

Recent market performance reflects growing investor confidence, with significant price increases and a surge in trading activity.

Looking ahead, Gearbox Protocol’s road map focuses on enhancing usability and interoperability within the Ethereum ecosystem. The integration of Credit Accounts into account abstraction (AA) wallets such as EIP-4337 revolutionizes the way users can access and manage funds, eliminating the need for complex lending interfaces.

Future developments may include pool-based models and optimizers to tackle liquidity fragmentation, further strengthening 

 Ethereum solutions. As Gearbox Protocol evolves, its focus remains on delivering efficient, user-friendly financial tools that empower users and redefine DeFi as we know it.

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Gearbox: Powering On-Chain Credit for DeFi

Bybit Learn

Blockchain

Altcoins

Explainers

Toncoin (symbol: TON) is the token native to The Open Network (TON), a decentralized Layer 1 blockchain network. Find out more about it in this article.

, or The Open Network, is a unique community-driven 

, TON was created to onboard billions of users and allow for quick, inexpensive and energy-efficient blockchain transactions. All of its features were developed with everyday users in mind.

In addition to offering ultra-fast transactions, tiny fees and easy-to-use apps, The Open Network is known for its flexible architecture and scalability. It is also environmentally friendly. Before you invest in Toncoin, the network’s native token, use this guide to learn more about the history of TON and its uses.

Toncoin (symbol: TON) is the token native to The Open Network (TON), a decentralized 

 blockchain network. Previously known as Gram, Toncoin can be used to pay transaction fees, settle payments or validate transactions using the TON blockchain’s 

Telegram Open Network is an abandoned blockchain developed by Telegram, a cloud-based instant messaging service. After the project was abandoned, it was 

In 2018, Telegram released both a “lite paper” and a white paper for the Telegram Open Network. Originally called Gram, the project was in active development until 2020. During its time in development, TON raised money through private sales of Gram tokens. In April 2018, Gram broke records for the second-largest token sale of all time, raising $1.7 billion. Additional large billion-dollar sales were made to companies around the world after the token gained more publicity.

Gram started getting a lot of attention, which began to create several challenges for the network. There were 

 quickly made an announcement that the company would create an official method of participating in the ICO.

Gram initially attempted to conduct public sales under U.S. jurisdiction, so Telegram had to follow all 

 (Securities and Exchange Commission) regulations. The initial purchase agreement was to provide investors with tokens upon TON’s launch. The goal was to prevent the SEC from viewing Gram tokens as securities. Unfortunately, the SEC saw the initial investors as underwriters, and Telegram’s offering of Gram in exchange was considered an unregistered distribution of securities.

While Telegram fought the SEC, it ultimately lost in court. In May 2020, founder Pavel Durov 

At this point, TON had a dedicated following and the worldwide decentralized community of crypto enthusiasts and developers saw the potential of the blockchain. Because TON was developed as an open-source project and the code was easily 

, community developers could pick up where Telegram left off and build new TON functionality.

Toncoin was initially developed as a Gram alternative, ostensibly not an actual investment in Telegram itself (though, according to 

, this assertion was challenged by at least some Gram investors). Speed was a major problem for blockchain technology. Slow speeds and high transaction fees made it difficult for everyday users to effectively pay with cryptocurrency as they would with Visa or Mastercard. TON was developed with the end user in mind to support millions of 

 have become household names, they aren’t without their problems. High transaction fees, slow transaction speeds and a considerable learning curve make it difficult for people to use cryptocurrency for everyday purchases. For example, 

 to use the Ethereum blockchain fluctuate frequently, and gas fees of over $100 aren’t unheard of, depending on the size of the transaction.

The TON ecosystem was developed to handle the needs of millions of users making everyday transactions. Unlike Bitcoin and Ethereum, which are primarily used by investors, TON focuses on catering to the typical consumer. It’s designed to be integrated into an easy-to-use app, allowing users to quickly buy, send and store coins.

One of TON’s biggest advantages is its flexible architecture. The Open Network was designed to be incredibly efficient and scalable, and boasts ultra-fast transactions due to its cross-shard interactions. By supporting dynamic sharding and workchains, TON can successfully validate and process millions of transactions per second. In other words, TON's flexible architecture lets it grow continuously without any loss of performance.

Blockchain technology has quickly evolved, making it easier to exchange sensitive information in a decentralized environment. TON strives for mainstream adaptation of Toncoin, made possible by its engaged Telegram user base, simple interfaces, incredibly fast speeds and overall scalability.

As the native token of its blockchain, Toncoin has a range of uses on theTON network, including as a form of payment in 

Unlike most other blockchain ecosystems, TON was designed to support billions of users simultaneously by using blockchain sharding, which involves using multiple subnetworks, or 

, on the same blockchain to quickly accomplish tasks. Each shard has its own purpose and works to prevent large backlogs of unverified blocks.

 (PoS) network. Every transaction is validated using Toncoin, which is also used to reward validators. The network also allows nominators to lend their tokens to validators to earn rewards. To lend tokens, a nominator needs to join a pool and stake their assets. Both nominators and validators are managed using 

, adding an additional layer of security.

 bot on the Telegram app. After setting up their wallets and adding 

 to their attachments, users can quickly access their Toncoin in any chat window. They can purchase Toncoin using the same bot, too, and don’t need to pay a transaction fee to send Toncoin using the Telegram app. This allows users to quickly and easily transfer decentralized funds to other users on their contact list.

While users intending to sell cryptocurrencies are subject to a 0.9% commission fee, buyers don’t need to pay any transaction fees. This makes the wallet practical for everyday use.

Several services and applications running on the TON blockchain also accept payment in Toncoin. The TON ecosystem supports the creation of new DApps, which makes it highly adaptable.

Toncoin can also be used to influence how the network develops in the future. The Open Network is a 

 (DAO), so users who hold the blockchain’s native token can cast votes on any proposed changes to the blockchain or ecosystem. This helps promote a sense of community and encourages consistent growth and innovation. TON’s current 

 program utilizes a simple voting system that ensures every user has a chance to make their voice heard.

Toncoin is known for its practicality and heavily focuses on efficiency. The goal is to make using the token as easy as possible for the end user. TON’s development community has also worked hard to add many of the advanced features that set the token apart from other cryptocurrencies.

Proof of stake consensus mechanisms are common on blockchain networks that require validators to complete transactions. This energy-efficient mechanism allows validators to be rewarded based on how large of a stake they hold. Instead of receiving a new block on the blockchain, they’re granted part of the transaction fees.

It’s important to note that TON can no longer be mined using a 

 (PoW) consensus algorithm. In June 2022, the 

, and the total supply can only increase by a small percentage each year. TON’s PoS consensus algorithm keeps the blockchain moving efficiently.

, the on-chain governance platform of the TON blockchain, was launched in February 2023. This platform, developed with Layer 3 blockchain infrastructure by Orbs, represents a significant step forward for the TON ecosystem, as it enables tamperproof voting and allows Toncoin token holders to participate in decision-making for network projects. Following its launch, there was a notable surge in Toncoin's trading activity, reflecting the increased engagement and interest in the network. 

Toncoin is integral to the governance process, with holders using it to vote on various proposals affecting the network. The first major governance action, involving a proposal to freeze tokens in inactive genesis mining wallets, saw considerable support from the community. This initiative underscores TON's commitment to decentralized governance and community-driven development, marking a new chapter in its evolution.

The TON Foundation is actively expanding its ecosystem by 

 to build new DApps. ​​In August 2023, the TON Foundation announced its latest grant recipients, showcasing a range of innovative projects aimed at enriching the TON Community. These include Tali AI, which simplifies the onboarding process for developers through an AI-driven model, and a Ledger app that enhances TON asset management and security. 

Meanwhile, TonUP emerges as a permissionless launchpad to support the growth of ecosystem projects, while Optus DEX aggregator optimizes decentralized trading by pooling liquidity from multiple DEXs. Additionally, 

 gaming experience on the VK Mini Apps platform. These initiatives collectively contribute to a more vibrant and functional TON ecosystem, encouraging participation and development within the community.

Storing information on a blockchain isn’t a new concept, but 

 takes it a step further. It works a lot like Dropbox but offers the benefits of private encryption, using the owner’s wallet’s private key. This adds an extra layer of security to both online private and public storage.

Privacy is always a priority for blockchain users. 

 enables users to access the TON blockchain using decentralized 

-like networks. This allows users to avoid censorship and easily access DApps.

Like many other blockchain ecosystems, TON relies on smart contracts to process on-chain transactions quickly. All smart contracts on the blockchain are executed using their own 

, or TON Virtual Machine. TVM allows for very complex smart contract deployments.

, or TON domain name service, attempts to make cryptocurrency wallets, accounts, smart contracts and other features more user-friendly by providing users with easy-to-remember names that aren’t just strings of numbers and letters.

TON DNS works a lot like a social media handle, and is incorporated into various domain names for easy access. Users can register their domain names and usernames on the blockchain. There are several easy-to-use apps that support TON DNS, including cryptocurrency wallets.

The TON blockchain is home to more than 500 DApps and services that utilize smart contracts. 

 enables developers to create new applications on the blockchain. Users can access these third-party apps with a user-friendly interface. TON also offers a searchable registry of all DApps and services located on the blockchain.

There are several ways to store Toncoin and other digital assets from the TON blockchain, with over 743,000 unique 

 currently completing thousands of transactions per day.

TON offers custodial wallet services, and works with several third-party noncustodial wallets. Custodial wallets are a good choice for users who want simple solutions, while 

 are preferable for users who want more control over their assets.

There are two different TON custodial wallets. Previously, if you wanted to complete transactions through Telegram, you needed to use the @wallet bot. Telegram users 

 @cryptobot to easily store, transfer or exchange Toncoin. However, In September 2023, Telegram officially integrated a TON-based self-custody crypto wallet, known as 

, into its app, a significant move following its earlier plans to develop a web3 ecosystem. 

This integration, showcased at the TOKEN2049 event in Singapore, made the wallet accessible to Telegram's vast global user base of 800 million. The wallet's introduction to Telegram coincided with a 7% increase in the price of Toncoin. TON Space was introduced in Telegram's settings for users outside the U.S. From November 2023, this feature became a default offering for all Telegram users internationally, except in the U.S. This integration into Telegram allows both existing and new users to access their wallets effortlessly within the app, streamlining the process of buying, selling, and trading cryptocurrency to be as straightforward as sending a message. 

The TON Foundation also announced that projects built on TON would receive priority for Telegram Ads. While initially planned in 2019, the integration was delayed due to a lawsuit by the U.S. Securities and Exchange Commission against Telegram's $1.7 billion ICO. This renewed collaboration between Telegram and TON aims to simplify crypto access for users and bolster the web3 infrastructure on the messaging platform.

There are several ways to earn money using the TON blockchain. The simplest way to earn income on the TON network is to become a validator; however, this requires a large amount of Toncoin, a strong connection and advanced hardware. Most users who want to earn passive income using TON become nominators, lending their tokens to validators via a nominator pool.

Nominator pools allow individual users to come together and combine the assets they’re lending to a validator, enabling them to easily collect a reward. Once a reward is granted by the blockchain, it’s distributed evenly among the members of the pool.

TON uses an open-source decentralized staking pool system. Not only does this make cryptocurrency staking easier for the average user, but it also provides smart contract guarantees. The smart contracts ensure that any tokens borrowed by validators are used solely for validation and are accurately distributed.

There is currently over 27 million TON staked by nominators in pools. Finding a nominator pool is a simple process. To get started, visit 

TON validators help to maintain the network by validating transactions. As they validate blocks, they receive Toncoin rewards using the blockchain’s PoS consensus algorithm.

In order to become a TON validator, you need to first obtain a large amount of Toncoin to stake, typically around 300,000 TON. In addition to this investment, you’ll also need a fast internet connection and a system that can easily run MyTonCtrl, the open-source tool used by validators. A

 is available to help you learn more about the requirements, rewards and expectations of validators.

 is a vibrant community within TON, uniting a diverse group of individuals who are passionate about TON’s future. It includes contributors, hub developers and ambassadors, all working together toward a shared vision. Members of the TON Society engage in various events such as contests, hackathons and others, with opportunities to earn rewards like 

. These awards are then showcased in their profiles, highlighting their professional expertise and contributions to the community. 

Among the top contributors are enthusiastic web3 developers and TON advocates, recognized for their numerous awards and active participation in community activities. The TON Society represents a collective of dreamers and innovators from around the globe, dedicated to using advanced technologies for open, decentralized exchanges of value, information and ideas, with a focus on protecting freedom, privacy and rights.

The TON ecosystem is constantly expanding, making Toncoin more versatile. The most common use of the token is as a form of commission payment for processing transactions on the blockchain. Because of the TON network’s sharding feature, the token may also be used for cross-chain transaction fees or as payment for creating new work chains.

The TON network offers a comprehensive ecosystem for users, including a self-custody wallet for managing Toncoin, a feature to buy Toncoin with a card or exchange, and options to stake and accept payments globally. Its ecosystem includes applications, domain services and a bridge for 

 tokens. TON's concept focuses on a decentralized, self-governed blockchain 

 outlining its past developments and future goals. 

For developers, TON provides resources such as documentation, a developer community 

. Its platform supports various use cases, including mini-apps, 

The TON Society encourages active participation with rewards, while the TON Foundation oversees the network’s growth. TON’s road map highlights the progression from its initial development by the Telegram team, its legal challenges with the SEC and its transformation into a stable and secure blockchain managed by the TON Foundation. Upcoming projects include further enhancements and new functionalities such as TON Teleport, TON Browser, and Wallet 5.0.

As mentioned previously, TON blockchain launched its on-chain governance platform, TON VOTE, in February 2023, and officially integrated a TON-based self-custody crypto wallet into Telegram in September 2023 for existing users. It then extended accessibility to all existing and new users in November 2023.

On Oct 31, 2023, the TON blockchain achieved a 

 by setting a world record for speed and scalability during a public test, reaching an unprecedented 104,715 transactions per second. This remarkable performance, which was audited by CertiK, demonstrated TON's unique architecture, which allows for infinite scaling to handle millions of transactions from billions of users. 

The test utilized a "bomb" smart contract on a separate TON network, created using 256 servers rented from Alibaba Cloud, which exponentially increased the load on the network. This test confirmed TON's dynamic sharding capability, whereby the network can split into shardchains under heavy loads and merge back when the load decreases. The achievement not only sets TON apart in the blockchain space, but also shows its potential to handle significantly higher transaction volumes in the future.

Toncoin (TON): A Scalable & Shardable Layer 1 Blockchain

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards