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Cryptocurrencies/Coins/Toncoin (TONCOIN)
Toncoin price, market cap on Coin360 heatmap

Toncoin(TONCOIN)

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$1.2142
(-0.5%)
0.00005177 BTC
Market Cap (Rank#43)
$1,483,085,149
63,230 BTC
Vol 24h
$43,299
1.846032 BTC
Circulating Supply
1,221,401,181
Max Supply
5,000,000,000
22 days agocryptodaily
Blockchain-based Fan Engagement Platform Fanzee Raises $2M In Funding
Image source: Fanzee Fanzee, a TON blockchain-based fan engagement startup that’s aiming to strengthen ties between sports clubs and their supporters through gamification, said today it has closed on a $2 million pre-seed funding round. The funding was led by TONcoin.fund, a $250 million ecosystem fund, and saw participation from the likes of First Stage Labs, MEXC Pioneer, KuCoin Ventures, Huobi Incubator, VLG.Digital, 3Commas, Orbs.com and Hexit.capital, a part of Swiss based Hemma Group. Fanzee’s engagement platform uses decentralized technologies such as blockchain, NFTs and cryptocurrency to enable sports clubs to deliver experiences such as quizzes, games, puzzles and other challenges that can help to boost their interactions with fans and improve loyalty. Its platform includes a complete set of technologies that enable clubs to integrate these capabilities with their own digital ecosystems. Fanzee explains on Telegram that its challenges come in many forms, providing fans with opportunities to earn rewards by collecting digital assets, taking part in quizzes, making bets on the outcome of matches, and playing various mini-games offered by their clubs. For example, a sports club could offer its own fantasy league where its fans compete against one another to pick the best team. With Fanzee’s platform, sports clubs will be able to create digital assets such as their own digital coin and NFTs, which can then be distributed among fans as prizes and rewards. The NFTs can even have strong utility, functioning as a match day ticket perhaps, or enabling holders to meet their favorite players. Fanzee also intends to create a marketplace for fans to trade these assets. Asked why TONcoin Fund was backing Fanzee, its Head of Diligence Mark Chadwick said he believes it has the potential to be a “chame-changer” for sports organizations, helping them to engage with fans in ways that weren’t possible before. “Some supporters are lucky enough to follow their club home and away throughout the season,” he said. “But for many, that is simply not possible due to geographic or financial constraints. Fanzee’s platform, with its gamification mechanics, will generate true value for sports organizations and their fans.” Fanzee Chief Executive Ajay Jojo said he’s honored to see his company being backed by some of the brightest minds in the Web3 space, which believe in its mission to provide value to millions of sports fans through utility-based digital assets “It is an exciting time to be at the forefront of innovation in the intersection of sports and blockchain technology where our values of being product- and fan-first will shine through,” Jojo promised. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
49 days agocointelegraph
‘Unique phenomenon’: All 5B toncoins mined on PoS TON blockchain
The TON blockchain has always been proof-of-stake, while the mining of toncoin began “spontaneously and randomly” in 2020, according to the TON Foundation.
50 days agocoindesk
Final Toncoin Mined Ahead of Transition to Proof-of-Stake
The final TON was mined at around TKTK, signaling toncoin’s transition from a largely proof-of-work (PoW) model to proof-of-stake (PoS).
70 days agocryptopotato
Discover Futuristic Opportunities of Toncoin on 1xBit
[PRESS RELEASE – Please Read Disclaimer] With the latest upgrade on its database, you can use Toncoin as a payment method on 1xBit. Toncoin, one of the few established cryptocurrencies, has proven itself a remarkable asset – a blockchain platform from Telegram founders who initiated the Telegram Open Network (TON) founded in 2018. Today, the […]
111 days agocoindesk
Telegram Adds Crypto to Messaging App, Opening Path to Payments
Telegram has added the facility to send and receive Toncoin within the app, potentially opening up crypto payments to its 550 million users.
117 days agocryptodaily
TON Users Donate $1 Billion Towards Advancing Ecosystem
The Ton Foundation, which has been handling the cryptocurrency project since messaging app Telegram abandoned it, has revealed that users have donated over $1 billion to the foundation to advance the TON ecosystem. The foundation is attempting to rebuild the project and its ecosystem and attempting to attract developers. A Significant Contribution TON users made their donations in Toncoin (TON), the ecosystem’s native token. The donations were made over a ten-day window which had started on the 7th of April. In all, 527 million TON were donated, which equals just over $1 billion. The donations were primarily made by TON whales, coming from 176 separate donations. Out of the donations, 18 were over 10 million TON, and a further 37 were over 4 million TON, according to a spokesperson for the TON Foundation. Rebuilding The Ecosystem The TON Foundation is at the heart of rebuilding the TON ecosystem and attracting builders and Web 3.0 developers. A spokesperson for the foundation revealed that there is no direct incentive planned for donors, adding that the donors were motivated to better and benefit the existing ecosystem and help make it successful. “We think donors realize that TON’s success is helped by having a well-capitalized foundation to support the ecosystem.” An Initiative To Keep TON Afloat Members of the larger blockchain community founded the TON Foundation. Since its inception, the foundation has had one goal – to ensure that the project continues after Telegram pulled the plug on it in 2020 after a lawsuit filed by the United States Securities and Exchange Commission (SEC). The Foundation’s attempts at reviving the project have met with considerable success and received an investment of $250 million for its first ecosystem fund. The backers of the reincarnated project included the venture arms of Huobi and Kucoin. The current version of Toncoin is independent of Telegram but has received an endorsement from Pavel Durov, the founder of Telegram. Integration With Telegram? In early 2021, founding member of the TON Foundation, Andrew Rogozov, stated that Toncoin was well on its way to becoming fully integrated with Telegram, a move that would make TON available to all of Telegram’s users. However, a spokesperson revealed that no such plans had been shared. TON’s ICO Setback Back when TON was still with Telegram, the project had missed its launch date of the 30th of April, 2020. Following this setback, Telegram offered investors an immediate 72% refund or a 110% refund a year later. The delay occurred after Telegram accepted a ruling that the company could not distribute the token or launch the project until issues were ironed out. However, after missing the 30th of April deadline, Telegram sent another communication to American investors, stating that they would be eligible only for the immediate 72% refund and not the 110% refund option. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
128 days agocryptopotato
TONCoin Launches $250 Million Ecosystem Fund for The Open Network
TONcoin Fund will deliver a total of $250 million in grants to founders building on The Open Network layer-1.
128 days agocoindesk
Huobi, Kucoin, Others Lead $250M Toncoin Ecosystem Fund
A new $250 million ecosystem fund will support the reincarnation of the TON blockchain.
128 days agocointelegraph
New $250M TONcoin Fund targets DEX and NFT tools on TON blockchain
Cameroon, the Democratic Republic of the Congo and the Republic of the Congo announced plans to adopt the TON blockchain amid the TONcoin Fund launch.
211 days agocryptodaily
TON Founder Pavel Durov Endorses Project As It Targets Mass Adoption 
The highly ambitious TON blockchain is planning big things in 2022 following an endorsement of its efforts by its founder, the CEO of Telegram, Pavel Durov. Durov, who created TON almost five years ago, said in a recent post on Telegram that the project is “alive and evolving”. He added that it’s still “years ahead of anything else” in the blockchain space in terms of its speed and scalability. That Durov is still advocating for the project is a big surprise because it was barely two years ago that he unceremoniously dumped TON in the wake of a legal challenge by the U.S. Securities and Exchange Commission. Telegram launched the initiative way back in 2017 and had a lot of success in the early days, raising more than $1.6 billion in an ICO for the platform’s original cryptocurrency token “GRAM” and winning dozens of plaudits from the community for its ambition. Unfortunately for Durov, progress came screeching to a halt in 2019 with the revelation that the SEC was stepping in to halt its token sale after classifying GRAM as an “unregistered security”. A lengthy court battle ensued with the SEC, unsurprisingly, emerging as the victor. Telegram ultimately agreed to return $1.2 billion raised in the ICO to investors, and followed up by dropping the project altogether. That may have spelled the end for TON, but Durov sowed the seeds of its current incarnation by open-sourcing all of the work it had done in creating the blockchain. Its plans were quickly picked up by a team of developers led by the Russian Anatoly Makosov, which has quietly been plotting a renaissance ever since. Believers in the project will be pleased to know that under Makosov’s leadership, TON has discarded none of its original vision. If anything, the new team’s zeal for the project is even stronger than that of Durov’s, and it has published an extremely ambitious roadmap calling for all of its major components to be live by the end of the year. TON’s blockchain has been up and running since last year and its next milestones call for the establishment of its DNS service, enabling human-readable smart contracts and account names, by the end of the first quarter. Other Q1 targets include the launch of TON’s first DeFi apps, its proxy server and a new developer program at the same time. Once those are all set up, only two tasks remain: First, its decentralized file-storage system and then, the TON Workchains that will link it to every other blockchain in the world. The team has already made solid progress on that latter goal, launching a TON-ETH bridge last year that makes it possible for Toncoins to be sent back and forth between it and the Ethereum blockchain. Such a busy roadmap is necessary because TON is hoping that its blockchain will ultimately become the foundation of the new and emerging web3 - a decentralized version of the public internet in which people have full control over their data and complete anonymity. If it is going to achieve that, it will need to unify every other blockchain into a single, decentralized network and also enable super-fast transactions and low costs. The TON project has set itself some formidable goals yet it cannot be accused of lacking confidence in its ability to achieve them - recently boasting on Telegram that 2022 will be the year it finally achieves “mass adoption”, which is something that, up until now, has eluded every blockchain project so far. While most of the crypto community is likely to dismiss those claims as pure bravado, few will deny that 2022 is set to be a critical year for one of the most ambitious blockchain projects ever conceived. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
214 days agocryptopotato
Russian Rapper Morgenshtern Joins TON as Ambassador, Buys $130K Worth of TONCOIN
The A-list Russian rapper has become an ambassador for TON. He also bought $130k worth of TONCOIN.
236 days agocryptopotato
TON’s Journey Isn’t Over Yet, Scores Partnership With Telegram-Verified Payments Bot
Toncoin - the rebranded version of Telegram's TON token, has scored a partnership with a verified donations bot.
237 days agocryptonomist
Telegram, TON has become Toncoin
That was revealed by the founder of Telegram himself, Pavel Durov The post Telegram, TON has become Toncoin appeared first on The Cryptonomist.
237 days agocointelegraph
Telegram-verified payments bot to accept Toncoin cryptocurrency
Telegram CEO Pavel Durov is proud that the TON project is "alive and evolving" despite Telegram terminating TON last year.

About Toncoin

The live price of Toncoin (TONCOIN) today is 1.2142 USD, and with the current circulating supply of Toncoin at 1,221,401,181 TONCOIN, its market capitalization stands at 1,483,085,149 USD. In the last 24 hours TONCOIN price has moved -0.0016 USD or -0.00% while 51,266 USD worth of TONCOIN has been traded on various exchanges. The current valuation of TONCOIN puts it at #43 in cryptocurrency rankings based on market capitalization.

Learn more about the Toncoin blockchain network and how it works or follow the price of its native cryptocurrency TONCOIN and the broader market with our unique COIN360 cryptocurrency heatmap.

Toncoin Price1.2142 USD
Market Rank#43
Market Cap1,483,085,149 USD
24h Volume43,299 USD
Circulating Supply1,221,401,181 TONCOIN
Max Supply5,000,000,000 TONCOIN
Yesterday's Market Cap1,509,132,500 USD
Yesterday's Open / Close1.2372 USD / 1.2356 USD
Yesterday's High / Low1.2478 USD / 1.2112 USD
Yesterday's Change
0.00% ( 0.0016 USD )
Yesterday's Volume51,265.66 USD
Mining Info
Hashing algorithmSha256ton
Pools (known)?
Pools Hashrate0.00 H/s
Network Hashrate0.00 H/s
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