TON Blockchain is community driven network which allows fast and cheaper transactions. It supports a number of decentralized applications (dapps) It is the fastest growing ecosystem of dapps which has onboarded millions of users in help with the telegram app which is a messaging application popular widely all over the world.
TON is the short form of " The Open Network" it was originally born from the owner of telegram which abandoned it when it faced challenges from the US SEC. However developers didnt stop building on TON which is why we see now it as an emerging blockchain who is currently stands at 11th number ranked in terms of marketcap.
TON Blockchain is the talk of the town these days as it has a growing ecosystem of authentic projects. Besides this there are a number of memecoin projects launching each day on the TON network. Notcoin was the first project who got massive and largest community. Notcoin team onboarded millions of users into crypto with the help of tap to earn game.
Tap to earn concept has introduced first by the TON developers which is now the backbone of the crypto industry if im not wrong. This simple concept is widely admired from all crypto communities that we have seen people getting rich through different tap to earn projects.
The most important aspect behind "Tap to earn" is its simplicity to onboard users into crypto without any complexity. This is what makes this concept so much popular and appealing to the old and crypto newbies.
TON Blockchain has its own token named as $TON which got dumped recently after telegram CEO Pavel Durov got arrested in France. It is being said that Durov is arrested for cyber crime investigation. Pavel Durov is a 39 yeal old Russian born Emirati business executive and entrepreneur.
The whole world condemned the arrest of Pavel Drove as it is a political arrest. Many big names including Elon musk has spoken on the incident and stands with the Telegram Founder Pavel Durov. Further investigation reveals that Durov is facing 12 criminal charges.
Till now Russia and UAE governments requested the france authorities to give counselor access to pavel durov. It looks like france cannot prison pavel for long as UAE will get him out of the jail soon. Everything will be cleared soon.
The arrest of Pavel not affected only TON price but also $DOGS listing. $Dogs community was disappointed with Durov arrest as the whole TON related projects did lose 15% to 20% of their market value. At the time of Durov arrest pre-market price of $DOGS dropped heavily which had affected its launch price.
Despite of the incident $DOGS airdrop farmers earned a good amount from the airdrop. An average user earned $50 for selling $DOGS token airdrop while others earned hundreds of thousands dollars. The $DOGS team has put smile on many faces even when the market conditions are not that good. Crypto is empowering people, cryptocurrency the future of Finance.
Thats it for today. Thanks for reading. What do you think about my today's topic? Let me know your thoughts in comment section. In the end i would like to Wish you and your family a happy day ahead. Stay Blessed.
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About Author
@coolguy222 is a crypto trader and content creator on hive blockchain. He also runs a small business of Mobile accessories and Wrist watches. He loves to make new friends.