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Building a Web3 ecosystem in Telegram with Toncoin

On September 13, at TOKEN2049 in Singapore, TON Foundation and Telegram started working together to put crypto in every pocket. The heart of this collaboration is the deep integration and promotion of a TON-based Web3 ecosystem in Telegram.

TON Space
TON Space, the self-custodial version of @wallet, was launched. It is now accessible directly from the Telegram menu for existing @wallet users. Starting in November, it will become the default for all Telegram users, outside of the United States.

Bridging Web2 and Web3
Historically, crypto appealed primarily to a tech-savvy audience. TON seeks to change this, creating a bridge between Web2 and Web3. By building a Web3 ecosystem in Telegram, TON is making it convenient for millions to own their digital identity and assets. Meeting users where they are, instead of building complicated Web3 experiences the masses will never use.

Web3 SuperApp
Combining the TON Ecosystem with Telegram creates the first decentralized and global SuperApp. Telegram provides the user experience layer with Mini Apps. TON brings the Web3 projects and backend to manage and simplify digital transactions on a massive scale.

500 million active user vision
Being among the fastest-growing mobile apps globally, Telegram is on track to reach 1.5 billion users a month in the next five years. TON Community’s vision is to onboard 30% of these users to TON by 2028, adding 500 million users to Web3. 33x the current 15 million active web3 users.

The Internet of Ownership
The vision is to reshape digital ownership, interaction and transactions globally using Telegram Mini Apps and TON Blockchain. This platform represents a new decentralized digital nation, with its own citizens, economy and digital rights.

With the synergy of Telegram's massive user base and TON's unique approach to Web3, the future in which Web3 is an everyday reality for billions is fast approaching.

For a deeper dive, read this blog post.



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Building a Web3 ecosystem in Telegram with Toncoin

On September 13, at TOKEN2049 in Singapore, TON Foundation and Telegram started working together to put crypto in every pocket. The heart of this collaboration is the deep integration and promotion of a TON-based Web3 ecosystem in Telegram.

TON Space
TON Space, the self-custodial version of @wallet, was launched. It is now accessible directly from the Telegram menu for existing @wallet users. Starting in November, it will become the default for all Telegram users, outside of the United States.

Bridging Web2 and Web3
Historically, crypto appealed primarily to a tech-savvy audience. TON seeks to change this, creating a bridge between Web2 and Web3. By building a Web3 ecosystem in Telegram, TON is making it convenient for millions to own their digital identity and assets. Meeting users where they are, instead of building complicated Web3 experiences the masses will never use.

Web3 SuperApp
Combining the TON Ecosystem with Telegram creates the first decentralized and global SuperApp. Telegram provides the user experience layer with Mini Apps. TON brings the Web3 projects and backend to manage and simplify digital transactions on a massive scale.

500 million active user vision
Being among the fastest-growing mobile apps globally, Telegram is on track to reach 1.5 billion users a month in the next five years. TON Community’s vision is to onboard 30% of these users to TON by 2028, adding 500 million users to Web3. 33x the current 15 million active web3 users.

The Internet of Ownership
The vision is to reshape digital ownership, interaction and transactions globally using Telegram Mini Apps and TON Blockchain. This platform represents a new decentralized digital nation, with its own citizens, economy and digital rights.

With the synergy of Telegram's massive user base and TON's unique approach to Web3, the future in which Web3 is an everyday reality for billions is fast approaching.

For a deeper dive, read this blog post.

BY TON Community




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But because group chats and the channel features are not end-to-end encrypted, Galperin said user privacy is potentially under threat. "He has kind of an old-school cyber-libertarian world view where technology is there to set you free," Maréchal said. Channels are not fully encrypted, end-to-end. All communications on a Telegram channel can be seen by anyone on the channel and are also visible to Telegram. Telegram may be asked by a government to hand over the communications from a channel. Telegram has a history of standing up to Russian government requests for data, but how comfortable you are relying on that history to predict future behavior is up to you. Because Telegram has this data, it may also be stolen by hackers or leaked by an internal employee. The message was not authentic, with the real Zelenskiy soon denying the claim on his official Telegram channel, but the incident highlighted a major problem: disinformation quickly spreads unchecked on the encrypted app. At the start of 2018, the company attempted to launch an Initial Coin Offering (ICO) which would enable it to enable payments (and earn the cash that comes from doing so). The initial signals were promising, especially given Telegram’s user base is already fairly crypto-savvy. It raised an initial tranche of cash – worth more than a billion dollars – to help develop the coin before opening sales to the public. Unfortunately, third-party sales of coins bought in those initial fundraising rounds raised the ire of the SEC, which brought the hammer down on the whole operation. In 2020, officials ordered Telegram to pay a fine of $18.5 million and hand back much of the cash that it had raised.
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