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CoinDesk Podcast Network

UNCHAINED: Apps on the TON Blockchain Have Become Extremely Popular. Is It Sustainable?

Jul 24, 2024
TON Foundation representatives, Alena Shmalko and Jack Booth, discuss the explosive growth of the TON blockchain network, attracting hundreds of millions of users through games like Hamster Kombat. They delve into the evolution of TON from its rocky start with Telegram to its current success, exploring plans for future integrations and collaborations within the ecosystem.
01:08:30

Podcast summary created with Snipd AI

Quick takeaways

  • TON blockchain sees rapid growth in TVL and user activity, attracting Pantera Capital's heavy investments.
  • TON ecosystem aims for $1 billion TBL and 100 million wallets by 2025 through diverse DeFi protocols.

Deep dives

Introduction to TON and Key Goals

TON, or the Toncoin ecosystem, aims to revolutionize DeFi by gamifying user engagement and creating pathways for developers to transition to web3. Key goals include reaching $1 billion in TBL and 100 million on-chain wallets by 2025. The ecosystem focuses on enabling Web3 adoption through liquidity rewards, diverse DeFi protocols, and local community engagement via TON Society.

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