#TON
★What is Toncoin & The Open Network?
* The Open Network (TON) is a fast, scalable, decentralized Layer‑1 blockchain originally developed by Nikolai and Pavel Durov of Telegram. After Telegram exited in 2020, active development passed to the TON Foundation and community .
* Toncoin (ticker TON) is the network’s native token, used for transaction fees, staking, smart-contract execution, governance, DNS/domain payments, storage, proxy services, DeFi, gaming, and more .