TON Blockchain x UAE: Golden Visa Deal Unlocked 🚀

Overview

The Open Network (TON) has partnered with the UAE to offer a 10-year Golden Visa program through crypto staking. This initiative allows individuals to stake $100,000 worth of Toncoin (TON) for three years and receive a Golden Visa, providing long-term residency in the UAE.

Program Details

✅ *Eligibility:* Stake $100,000 in TON tokens for 3 years

🏠 *Visa Benefits:* 10-Year Dubai Golden Visa, family included (spouse, children, and parents)

💸 *Government Fees:* One-time payment of $35,000

📈 *Returns:* Earn 3-4% APY on staked TON tokens

How it Works

1. *Application Process:* Submit an online application and stake TON tokens.

2. *Processing Time:* Under 7 weeks from document submission to visa approval.

3. *Staking Mechanism:* Decentralized smart contract ensures transparency and security.

Benefits

🌍 *Secure Long-Term Residency:* Obtain a 10-year Golden Visa for yourself and your family.

📊 *Passive Investment Growth:* Earn 3-4% APY on staked TON tokens.

🚀 *Tap into UAE's Economy:* Leverage the UAE's booming economy and business opportunities.

Controversy and Clarification

⚠️ *Important Update:* The UAE government has denied any official partnership with TON, stating that digital asset staking is not a valid path to residency. TON Foundation has apologized, citing a premature announcement with a licensed third-party partner ¹ ².

Market Impact

The news initially caused Toncoin to surge over 13% to nearly $3.00, but the price retracted after the UAE government's denial. This incident highlights the need for verified government-backed announcements in the crypto space ².

Related Topics

#TON #GoldenOpportunity #UAECryptoReserve #CryptoAdoption #CryptoNewss $TON