In short
- P2P.org and Ton Walvissen launched Ton Betting on Telegram with 4.7% APY and a minimum input of 10 tons.
- Ton is exclusively integrated with Telegram apps and serves a billion users who can earn tokens through games and apps.
- The open network has deployed 156 million active portfolios with more than $ 2 billion.
Holders of Ton, the cryptocurrency that underlies the Telegram-linked blockchain network, the Open Network, will soon be able to earn rewards through a new service-a promising “institutional” security, together with ease of use and lower barriers to access.
P2P.org, a non-right appearance provider, today announced a collaboration with Ton Whales, a core development team, to offer a new deployment solution aimed at exchanges and preservators.
The service, accessible as a widget via all Ton Connect-compatible portfolios, can hold any address that holds at least 10 tons (less than $ 30) to participate in setting the cryptocurrency for 4.7% APY. It distributes automatically expanded funds on Ton network validators, so that the need for the bottom of intermediaries is removed for manual arrangement.
By combining ease of use and security of institutional quality, the organizations involved are convinced that it will attract interest from top-institutional adopters who want to tap into financial rewards that are currently available for the One Billion users of Telegram worldwide.
“Our goal is simple: help intermediaries generate sustainable yield for their users with minimal integration efforts and zero guardianship risks,” said P2P.org Chief Revenue Officer Alex Lotkev. “This is precisely the type of bridge between traditional finances and Defi that the market has been waiting for.”
Ton is the native token of the Open Network, which has recently concluded an exclusivity agreement as the only blockchain that can be integrated in Telegram apps.
The network was originally developed in-house at Telegram until the Message app dumped the project in 2020, in the midst of regulatory research. But after years of external development, Telegram has increasingly embraced through a number of integrations that started at the end of 2023.
Users of the popular message platform can earn on TON-based tokens through games and other apps, and can use it to buy goods and services within the Telegram ecosystem.
According to Tonstat, there are currently more than 156 million portfolios active on the TON network. Together they have used more than $ 2 billion in the cryptocurrency to earn rewards.
P2P.org and Ton Walvissen say that they are developing an aid to enable investors at an early stage to use locked tokens, so that rewards can be earned faster. Ton Whales is also planning to launch a ton of striking bank card this year, with which users can collect exposed amounts of the cryptocurrency as rewards for purchases.
In the past year, Telegram’s embrace of Ton served as a big road for Crypto -supported apps to find mainstream user bases in the hundreds of millions. However, the ecosystem has also suffered fatigue, with many tons-supported apps and games that have difficulty finding a way to retain enthusiasm after financial incentives had disappeared.
Published by Andrew Hayward
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