The Bad Crypto Podcast

Ep 753 - The Ton Society Builds for a Billion Users with Jack Booth

25 snips
Nov 27, 2024
Jack Booth, co-founder of the TON Society, discusses the ambitious origins of the Telegram Open Network and how it transitioned to a community-led initiative. He shares insights on simplifying crypto onboarding through Telegram’s wallet integration and the innovative features of the TON network that promote digital ownership. The conversation dives into the significance of user engagement in navigating blockchain innovations, and wraps up with a light-hearted look at today's chaotic cryptocurrency landscape.
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ANECDOTE

TON's Origin Story

  • Telegram, founded in 2013, planned a blockchain project (TON) and ICO in 2017.
  • The ICO raised $1.7B but was canceled due to SEC issues, leading to the community taking over TON.
INSIGHT

Telegram Usernames as Digital Real Estate

  • Telegram usernames can be bought as NFTs on TON, offering a unique form of digital real estate.
  • These usernames can function as mini-apps and bots, making them potentially very valuable.
ADVICE

Securing Your Telegram Username

  • Connect your TON wallet and Telegram account to Fragment.
  • Start an NFT auction for your username, but be aware others can bid and potentially buy it.
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