The TON Foundation has launched Season 4 of its innovative Open League, signaling a new phase in its efforts to expand and energize its blockchain ecosystem. The Open League, a key component of TON’s community engagement strategy, has played a crucial role in surpassing Ethereum in terms of daily active addresses.
This increase in user engagement is more than just a numerical achievement; it is a strong endorsement of TON’s growing impact in the world of cryptocurrency. The success of the initiative is evident in the significant rise in users who are attracted by the network’s promise of financial independence and digital autonomy.
Strategic improvements and community incentives have been pivotal in the TON Foundation’s recent successes. The integration of USDt and the smooth operation of Telegram Mini Apps have simplified user interactions, making the blockchain more accessible to a wider audience.
In the past month alone, these initiatives have brought in over 841,170 new Notcoin users, showcasing the scalability and user-friendly nature of the TON blockchain. Since the launch of the League’s pilot program in March, key metrics have seen a substantial increase:
– Daily active wallets have grown by 1,403%, indicating a vibrant and engaged community.
– Total Value Locked (TVL) in DeFi has reached $320.2 million, highlighting strong participation in financial applications.
– The average daily transaction volume has risen to 4.2 million, demonstrating the network’s operational efficiency.
Over the last three months, the TON community has been generously rewarded, with distributions totaling around $40 million. These rewards have not only incentivized participation but have also nurtured a thriving ecosystem of developers and enthusiasts.
Looking forward to Season 4, the merging of the Major and Minor Leagues will streamline the competition and focus on supporting top-tier projects. The top 10 projects at the end of this season will receive substantial backing and liquidity boosts, paving the way for continued growth and innovation in Season 5.
Jack Booth, the Director of Marketing at the TON Foundation, expressed excitement about the new season, stating, “The past three months have shown that the community is embracing our vision of a fun, transparent, and rewarding ecosystem model. TON is the blockchain for mass adoption: simple, engaging systems introduce new users to TON in Telegram, making crypto accessible to everyone.”
The Open Network continues to work towards integrating crypto into everyday life through Telegram Messenger. With a goal to empower 500 million users to own their digital identity, data, and assets by 2028, TON is leading the way for widespread adoption of blockchain technology. Through initiatives like The Open League, TON is not only building a blockchain but also fostering a community ready to revolutionize the digital landscape.