TON Society Launches to Empower and Decentralize the TON Community

As a seasoned analyst with over two decades of experience in the dynamic world of blockchain and cryptocurrency, I find myself intrigued by the recent developments in the TON ecosystem. The launch of TON Society, led by Jack Booth, a former director of marketing at the TON Foundation, is a strategic move that underscores the commitment to community engagement and decentralization.


As a proud crypto investor, I’m thrilled to announce that the TON Society has now been formally launched as a standalone entity. Our mission is to foster greater community involvement and continue the journey towards a more decentralized version of The Open Network (TON). This exciting development promises to bring even more opportunities for collaboration and growth within our vibrant crypto community!

Previously, TON Foundation’s Marketing Director Jack Booth emphasized the significance of taking this action as part of his aim to “serve as a voice” for the community.

As a dedicated member of the TON community, I’m part of the TON Society, whose purpose is to foster growth and advancement in the TON ecosystem. Our focus lies in three key areas: driving ecosystem development, inspiring grassroots participation from our community, and enhancing onchain identity solutions for better user experiences.

One significant objective for the TON Society is establishing an on-chain identity system. This system will grant achievement badges on the blockchain to active participants, thereby fostering a reputation system compatible with all TON Society operations.

To join in governance, attend events, and qualify for airdrops and rewards, you’ll need these badges. Our goal is to foster a robust on-chain reputation that stimulates project development and active community engagement within the TON environment.

Previously serving as leaders at the TON Foundation, they have now established TON Ventures – a venture capital firm boasting a $40 million fund – alongside TON Society. The primary goal of TON Ventures is to foster innovation within the TON ecosystem and support burgeoning startups in the cryptocurrency sector. By uniting investors with emerging developers, this fund aims to accelerate the growth and development of the blockchain industry.

In the TON ecosystem, two significant achievements have been reached recently: integrating gasless transactions within the TON blockchain, and listing Toncoin on Binance.

Beyond establishing TON Society and TON Ventures, these advancements are all part of a broader strategy aimed at enhancing user engagement and financing promising projects within the TON ecosystem.

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2024-08-22 21:24