2024

2023

Q4

Q3

Q2

Q1

2022

2021

May 2021

May 2021

Testnet2 remains stable for a long time and the community votes to rename it to Mainnet. The NewTON team, in turn, is rebranded as TON Foundation — a not-for-profit community focused on supporting and developing the network.

2020-2021

A small team of open-source developers–NewTON–dive deep into TON's codebase, architecture, and documentation. They resume active development of TON following the design detailed in TON's original documentation.

May 2020

The Telegram team cease development of TON and support for testnet2, pay a $18.5M settlement, and agree to return funds to investors.

March 2020

Amid its ongoing battle of attrition with the U.S. regulator, Telegram finally decides to call it quits.

October 2019

The US Securities and Exchange Commission sues Telegram, accusing it of conducting an unregistered securities offering. Telegram argues that the SEC's claims were baseless, but agrees to postpone the launch of TON until legal matters are resolved.

2019

The Telegram team releases a series of documents detailing the design of TON Blockchain. Telegram creates two TON testnets – one in Spring 2019, and the second in November 2019. The Telegram team launches the first TON testnet in the spring of 2019, after which the code becomes open-source, and testnet2 goes live on Nov. 15, 2019.

2018

Telegram raised $1.7B in a private sale of TON tokens (then called Grams) in one of the largest cryptocurrency offerings ever.

2018

The Telegram Messenger team, led by brothers Pavel and Nikolai Durov, begin exploring blockchain solutions for Telegram Messenger. Finding no current Layer 1 blockchain able to support Telegram's 9-figure userbase, they decide to design their own layer-1 chain, then called Telegram Open Network.