Contents
- Introduction
- The Open Network (TON)
- How TON Generates Hype
- Top GameFi on The Open Network to Watch
- Secure Your TON Assets with CoolWallet Pro
- Conclusion
Introduction
Imagine getting real-world rewards just by playing your favorite games! The Open Network (TON) is leading the charge in this GameFi explosion, giving players incredible opportunities to earn tokens and changing how we think about blockchain. With millions of users already on board, TON is quickly becoming the top choice for decentralized gaming and finance. As of July 2024, Toncoin is a top 10 cryptocurrency with a market cap of $18 billion. In this blog, we’ll take a closer look at what makes TON stand out, dive into its key features, and spotlight the hottest GameFi apps that are making waves.
The Open Network (TON)
The Open Network (TON) is a blockchain platform designed to handle a bunch of decentralized applications (dApps). It’s particularly good for apps that need to be really fast and handle a lot of transactions at once. What’s special about TON is that it can process millions of transactions per second, making it perfect for things like finance and gaming, where speed and efficiency are crucial.
Background
In 2018, Pavel and Nikolai Durov, founders of Telegram Messenger, started exploring a blockchain solution for Telegram, aiming to design a Layer 1 blockchain initially called Telegram Open Network. Despite raising $1.7 billion through private funding, regulatory pressures from the SEC led Telegram to halt the project in 2020. However, the open-source nature of TON allowed the community to continue its development, leading to the formation of the TON Foundation and further advancements in the network.
Ongoing Evolution and New Developments
TON keeps growing, with new tokens being created every year. If you have a powerful server and enough Toncoin, you can become a validator and earn rewards by helping secure the network. Recently, the Open Platform, a major investor in the TON ecosystem, announced plans to build a new Layer-2 network called the TON Applications Chain (TAC) using Polygon technology. This will make it easier for developers to move their applications from Ethereum to the new TAC Layer-2 network within TON.
How TON Generates Hype
Integration with Telegram
One of the main reasons for TON’s buzz is its seamless integration with Telegram, which already has a massive user base. Since TON is designed to work easily with Telegram, onboarding new users is a breeze. People can use TON-based dApps directly through Telegram without needing complex setups or extra software. This easy access has been a major factor in attracting a large and active user community.
The GameFi Boom on TON
The GameFi sector, combining gaming and decentralized finance, has exploded on the TON platform. This surge began with the viral hit Notcoin, a simple but addictive “tap-to-earn” game. Notcoin’s success quickly put TON on the map as a leader in the GameFi space. Since then, many other innovative GameFi apps have sprung up, all taking advantage of TON’s high performance and easy-to-use ecosystem.
Top GameFi on The Open Network to Watch
Notcoin (NOT)
Notcoin is a “tap-to-earn” game where players earn tokens by tapping a virtual coin within the Telegram app. With over 35 million users, its simple and addictive gameplay has made it a hit. Players can earn Notcoins by tapping the coin, completing quests, joining leaderboards, and using boosts to increase their earnings.
The game plans to add staking and more rewards by connecting with other projects in the TON ecosystem, making it even more engaging. Notcoin also benefits from TON’s active community, which supports its growth and adoption. Besides earning Notcoins in-game, players can also buy them on various crypto exchanges.
Hamster Kombat
Hamster Kombat is the hottest tap-to-earn game on Telegram, gaining over 250 million users in just three months by July 2024. Players level up by tapping on a digital hamster to mine coins, performing tasks, and solving challenges.
An airdrop campaign is expected later in July, where players can use daily guides and codes to mine more coins. This increases their chances of earning more crypto ahead of the upcoming airdrop.
Catizen
Catizen is a fun and engaging GameFi adventure on the TON blockchain that offers a Play-to-Earn experience. Since its launch in March 2024, Catizen has attracted over 1 million players and 80k+ on-chain users. Players earn rewards through activities like cat synthesis and fishing in the Catizen Mini-App.
Exciting airdrops await on-chain players, with 40% of tokens set to be airdropped to the ecosystem, according to the whitepaper. Players can grow their cat universe by breeding and fishing, earning future token airdrops as they play.
Blum
Blum is a decentralized exchange (DEX) that makes it easy to trade tokens from both centralized and decentralized platforms, and also offers simplified derivatives trading. Available as a mobile and mini app within Telegram, Blum supports futures trading and token purchases from various networks.
Blum has already gained 10 million users through its fun games, where users earn points by catching falling coins or automatically mining over time. These points can be collected now and will be exchangeable for tokens in the future.
Secure Your TON Assets with CoolWallet Pro
If you’re getting into The Open Network (TON), CoolWallet Pro is a great choice to keep your TON, NOT, USDT and custom tokens safe, so you can relax knowing your assets are secure.
CoolWallet has been a trusted name for over 10 years with zero hacks. Moving your assets from hot wallets like Tonkeeper to CoolWallet is a smart move to protect your investments. Plus, as TON grows, staying involved can bring you exciting opportunities in the world of blockchain and decentralized finance.
Conclusion
Although TON is currently benefiting greatly from the surge in mini-games, its future looks incredibly promising with continuous development and a growing ecosystem of dApps. With its ability to handle high transaction volumes and its seamless integration with Telegram, TON is positioned as a leading platform in the blockchain and GameFi industries.
For those interested in exploring TON’s potential, consider using CoolWallet Pro to securely store your TON and custom tokens. As TON continues to grow, staying updated and participating in its ecosystem could provide significant opportunities in the evolving world of blockchain and decentralized finance.
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