Become a Validator
Earn by helping support the blockchain.
Learn moreWhere to buy Toncoin
You can buy Toncoin on exchanges or directly within wallets. Choose the option most convenient for you.
Buy ToncoinThe history of Toncoin
November 2019
Telegram Open Network testnet2 is launched. 5b coins are minted, with a small fraction (1.45%) distributed to developers and testers.
May 2020
After the SEC prohibited Telegram from issuing Grams to investors, Telegram ceased its work on the TON ecosystem. testnet2 tokens are placed into 20 Proof of Work Giver smart contracts.
May 2021
By majority vote of network participants, testnet2 was promoted to mainnet. Coins continue to be distributed by Proof of Work Giver contracts.
Use cases for Toncoin
As the TON ecosystem expands, Toncoin’s impact on the new economy and Web3 will become more prominent.
Processing fee for transactions smart contracts.
Payments services provided by apps built on the platform.
Lending capital to validators to earn interest.
Cross-chain transaction fees.
Toncoin is integral TON's on-chain governance program.
Payment for blockchain-based domain names (DNS).
Validators’ stakes required to maintain the blockchain.
Payment for TON Proxy.
SOON
Payment for data storage decentralized.
SOON
Toncoin factsheet
TON uses a Proof of Stake consensus algorithm. The current annual rate of inflation derived from the fundamental parameters of TON is 0.6%.
Total supply
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Accounts on TON
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Validator’s stake
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