TON opens up the "Golden Visa" opportunity in the UAE, enhancing the utility of cryptocurrency.
Recently, $TON Blockchain of Telegram announced a unique program that allows users to qualify for the 10-year Golden Visa of the UAE by staking Toncoin.
According to this program, participants only need to stake 100,000 USD valued at #TONCOİN for 3 years and pay a processing fee of 35,000 USD. The special thing is that users still maintain control over their assets through smart contracts while receiving attractive staking profits of about 3-4% per year. This Golden Visa also benefits the whole family, including spouses, children, and parents without incurring additional costs (apart from usual government fees).
This program stands out for its cost-effectiveness, being said to be up to 80% cheaper than traditional investment forms like real estate or bank deposits (which require about 540,000 USD to achieve a Golden Visa). Although this is a third-party service using TON as a support tool and is not officially partnered with the UAE government, it demonstrates the tremendous potential of blockchain and cryptocurrency in providing innovative, flexible, and cost-effective solutions for immigration and investment goals.
In the context of a market seeking new growth drivers, initiatives like the TON Golden Visa program bring a positive outlook for the future of cryptocurrency. We can expect to see many other blockchain projects promoting widespread acceptance and shaping a new era for the digital economy.