TON Wiki

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A wiki page about Telegram Open Network (TON)

TON stands for Telegram Open Network; an upcoming cryptocurrency.

Telegram

Telegram is an encrypted chat platform launched in 2013. It has more than 200 million monthly users.

Telegram Open Network (TON)

Launching in 2018, this cryptocurrency will be based on multi-blockchain Proof-of-Stake system.

Ticket: GRAM
Token type: OWN WALLET
Total Tokens: 5,000,000,000
Available for Sales: 2,200,000,000 (≈44%)

TON News

TON Price

Event Avg price per token Total token
Upcoming ICO $2.40 N/A
Second pre-ICO $1.28 665,864,823.81 GRAM
First pre-ICO $0.87 977,723,605.289 GRAM

The Formula

First token price: $0.1 USD
Then each subsequent token will be priced one billionth higher than the previous one

Price of n(th) coin

p(n) ≈ 0.1 * e^(10^-9 * n)

Total price of first n coins

T(n) ≈ 0.1*(10^-9)^-1(e^(10^-9 * n) - 1)

Buying next coins with total value T
Suppose that n coins have already been put into circulation

∆n ≈ (10^-9)^-1* log(1 + (T * 10^-9 )/ pn)

RoadMap

Date Events and Milestones
Q3 2013 Launch of Telegram Messenger and the Telegram API.
Q2 2015 Launch of the Bot API and Platform.
Q2 2017 Launch of the Payments Platform.
Q2 2017 Start of the development of TON.
Q1 2018 Launch of Telegram External Secure ID
Q2 2018 Launch of the Minimal Viable Test Network of TON
Q3 2018 Testing and security audits of TON
Q4 2018 Deployment of the stable version of TON
Q4 2018 Launch of Telegram Wallet
Q1 2019 Creation of TON-based economy in Telegram
Q2 2019 Launch of TON Services, TON Storage and TON Proxy