TON Announces Major Updates at The Gateway Event in Dubai
During the Gateway event held in Dubai today, TON made an exciting announcement regarding significant updates to its Telegram-integrated crypto wallet. These updates are designed to enhance user accessibility and enrich the overall experience for the growing community of users.
Growing User Base and Milestone Achievement
Currently, over 100 million Telegram users, which constitutes approximately 10% of the app’s total user base, have registered for TON Space. This achievement highlights a substantial milestone for the platform, showcasing the interest and adoption of cryptocurrency integrations within the popular messaging app. The announcement from the TON team signifies the rapid growth of the TON ecosystem.
Integration of Custodial and Self-Custodial Options
The primary focus of the upcoming updates is the integration of Ton Wallet’s custodial and self-custodial options into a unified interface through TON Space. This integration aims to simplify the user experience by allowing seamless navigation between custodial and self-custodial storage options. Such ease of access is vital in attracting both developers and users to explore the TON network’s features more extensively.
TON Space: A Comprehensive Crypto Solution
Previously in beta, TON Space is now evolving into a permanent, full-featured crypto wallet option. The updates will roll out a variety of decentralized applications (dApps), decentralized exchanges (DEX), staking aggregation services, and tools for NFTs and Jetton giveaways. These advancements will provide TON Space users with competitive transaction rates and an extensive suite of decentralized services, further enhancing the platform’s appeal to a broader audience.
Vision for the TON Ecosystem
Andrew Rogozov, CEO of The Open Platform, emphasized this transformative journey during his presentation at the event. “TON Space is transitioning from a crypto asset storage solution to an ecosystem in and of itself,” he stated. He further elaborated on the vision, saying, “We want TON Space to become a gateway for the entire TON ecosystem, empowering Telegram’s 950 million users to seamlessly access dApps built on TON.” This statement underscores the ambition to create a comprehensive and user-friendly platform within the Telegram ecosystem.
Partnership with HashKey to Enhance Access
In a related development, the TON Foundation recently announced a partnership with HashKey aimed at supporting the “open network” and increasing access to fiat on and off-ramps for Telegram wallet users in the Asia-Pacific Region. This initiative is set to facilitate easier transactions and further integration of cryptocurrency into everyday financial activities for Telegram users.
Highlights from The Gateway Event
The Gateway event, taking place from November 1-2 at the Grand Hyatt in Dubai, has attracted attendees who are enjoying the pleasant November weather and clear skies. The venue features a luxury car adorned with the TON logo, signifying the brand’s presence and aspirations in the cryptocurrency space. However, the team announced that Pavel Durov, the CEO of Telegram, will not be attending the event this year, leaving key discussions and announcements to the other leaders present.