– The TON (The Open Network) announced the launch of a new program in collaboration with an Emirati company that grants Toncoin holders the opportunity to obtain the UAE golden visa for 10 years, through an innovative mechanism that relies on staking $100,000 worth of Toncoin for three years, in addition to paying a one-time processing fee of $35,000.
A quick and transparent step: TON confirmed that the process 'takes less than 7 weeks' from submitting documents to the UAE Visa Directorate, where the local partner manages the final processing stage.
Full control of assets: Locked currencies are listed in a decentralized smart contract on the TON blockchain, allowing users to retain ownership of their assets in exchange for an **average annual return ranging from 3% to 4%**.
Comprehensive family coverage: The visa, according to TON, grants the right to include the spouse, children, and parents, without additional costs beyond the traditional government fees.
---
💡 Compared to the traditional golden visa:
Item TON staking Traditional visa
Minimum investment $100,000 (TON) $540,000 ≥ (Real Estate/Fixed Deposits)
Processing time < 7 weeks 3–6 months
Asset control ability ❌ Locked → Returned after 3 years ✔️ Full ownership immediately
---
🌐 Market reaction:
The price of the TON currency rose by more than 10% following the announcement, approaching the $3 level.
However, analysts pointed out that the program is 'offered by a private party through TON as an intermediary' and has not been officially announced by the Emirati government itself.
---
🔍 Broader context:
This announcement comes in the context of the UAE's ongoing efforts to enhance its position as a global hub for digital currencies, having recently approved the stablecoin Ripple RLUSD, developed regulations concerning real asset tokens, and attracted more than 600 companies to the 'Dubai Commodity Trading Center'.
📝 Summary:
TON, in collaboration with an Emirati partner, launched a new offering that pairs with a distinctive idea: earning interest on digital assets in exchange for the opportunity to obtain a golden visa for long-term residence in the UAE. The program simplifies the process compared to traditional methods and temporarily locks assets with a rewarding return. However, its credibility is limited as it is considered 'not officially governmental' and is seen as a recent addition to the UAE's ambitions to embrace Web3 technology.
