TONAGE Announcement
Overview of Brand
Creative Brief: Brand Narrative for TON
John Quack: Anti-hero
Game Play
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The Open Network (TON) is a Layer-1 Proof-of-Stake (PoS) comprising TON Blockchain, TON Virtual Machine, TON Payment, TON DNS, TON Storage, and TON Sites. TON employs a Byzantine Fault Tolerance protocol called the “Catchain Consensus” to achieve network consensus, block generation, and transaction validation. Catchain is specifically designed for TON's blockchain architecture, particularly its sharding structure. TON is designed as a “masterchain” with multiple “workchains” (up to 2^32), which are further divided into “shardchains” based on the transaction load and account numbers. This structure aims to distribute workload and interaction between accounts via (1) dynamically splitting busy shardchains into smaller ones or (2) merging underused shardchains.
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TVL has skyrocketed 34x since the beginning of the year, reaching over $750 million as of July 2024.
The price of TON has more than tripled from about $2 to $7, and daily active addresses recently exceeded those of Ethereum in May and June.
Games with fun names like Hamster Kombat and Catizen are gaining traction, and Pantera Capital, an OG crypto investor, is making its largest investments yet in TON.
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<aside> 🚧 **TON Blockchain Be the ‘Next Solana’ and Challenge Ethereum *** TON’s daily active addresses have exceeded Ethereum’s figures every day except for one thus far in June ***** TON has averaged 465,200 daily active addresses in June with a high of 568,300 on June 3, levels Ethereum has not crossed as the latter has yet to see more than 400,000 daily active addresses on its base layer in the month, excluding its various layer 2s. https://app.artemis.xyz/chains
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<aside> 🐜 **TON’s Opt-Out Wallet Launches With Massive User Base *** other than the 30 or 40 million US users who are geoblocked, the other 860 million Telegram users all have a crypto wallet natively
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<aside> 🍊 TON Blockchain’s Stablecoin Transfer Volume Reaches Record $299 Million on US Independence Day
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<aside> 🍓 99.999% of blockchain projects are a tech idea trying to create a community – from nothing
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<aside> 🍄 Telegram generates over 1 trillion views on its broadcast channels
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