Dedicated to the TON (The Open Network) project
In my telegram channel, I once wrote that TON arranged a scam with tokens on different exchanges (then I was turned away from it) - different blockchains, without the ability to select a network directly, and in order to convert the tone from the ether to the main network then something was needed about $50-100 (bridge services + commission for the ether network), I don’t remember exactly how long ago it was, but the “service” was prohibitively expensive ...
These guys were among the first to do it, then they took an example from them for the motive - "what could be like that." Usually, normal projects, if the token was traded both on the main network and on the ether network, for example, it was a wrapped token and the ticker was assigned the letter W, like WBTC, stablecoins are a slightly different topic, but coins, before there was a relatively order.
Another wiring was with a "HOT" celebrity - they shot a video at the peak of its popularity about TON-coin, caught up with hamsters, raised the price and stuffed the cheeks of new arrivals, then a long-term decline, but here it’s like a standard situation, nothing new and nothing to be surprised, everything is like with regular shetcoins.
Tokenomics and information on the network about the project deserves a separate post, I would even say a story...
Circulating and total supply, as well as capitalization and, as a result, a line in the rating - there is no information on the main aggregators, as on Messari (https://messari.io/asset/the-open-network), or the information is presented, to put it mildly, incorrectly ( in terms of the circulating supply of 1.22 billion, in fact more than 5 billion), as on coinmarketcap (https://coinmarketcap.com/en/currencies/toncoin/), if the information were displayed correctly, then TON should have been at 10- 12th place in the ranking, something like that (surprise). On coingecko they decided not to fantasize (respect to the Koreans) and simply did not give this information and did not place the project in their rating🤣.
Further, a Google search for tokenomics keys does not give any special results, just general custom advertising and educational articles for the layman.
⚠️ Now be careful! This is important for understanding further information!⚠️
Until 2021 (remember this year), the main project of the supposedly “followers of Durov enthusiasts” was FREE TON, not to be confused with The Open Network, these are completely different blockchains with different policies, etc. The ticker was TON. Moreover, FREE TON was really developed by enthusiasts, it cannot be said that it was a "breakthrough", but the development went on as usual. Then nobody heard about The Open Network at all🤫 exchanges were listing other projects, in particular, FREE TON with the ticker TON. They didn’t even tell the exchanges about the smart-ass plan, well, or not all of them.
In 2021 (events from memory) - first, FREE TON abruptly changes the ticker, generally something incomprehensible, in no way connected with the previous name, and the TON brand and ... disappears ... Then it emerges from somewhere from the depths of The Open network. I wrote several times in my telegram channel that this project pumps up simply unrealistic budgets for social marketing to attract the community, but what is there, Pavel Durov himself advertises this project on his personal channel, the explosive growth of the community.
And now the most interesting thing - where is the lion's share of these brushcoins? — early miners🤦🏻♂️
One of the members of the TON community told me briefly about the distribution principle - the early miners mined 100,000 TON pieces every 10 minutes, they said they were lucky, yeah, they were lucky)), and this is at the moment when no one talks about this project (this particular blockchain guessed its existence). To be honest, I didn't believe it...
This is the TOP 1000 TON addresses - https://tonwhales.com/ru/explorer/top (lucky with the link) Selectively walked through several random large wallets, and lo and behold, in 2020 there are indeed thousands of transactions of 100,000 coins every few minutes, luckily, yeah. and then bam, 2 years have passed and each of them is a multimulioner, only stories about the fabulous "lucky" with TON I have never heard, have you?
In general, the whole point is that large miners are a very narrow group of non-random individuals (chosen ones), I admit that random passengers could get there, but other algorithms for resetting them were probably included, I see no reason to dig further in this direction, everything seems to be very clear.
The area of the text with increased attention is finished, you can exhale😁.
My conclusion is that this project was created solely to enrich the people who stood and stand at the origins, and aggressively and brazenly. With such a concentration of coins, with such a "transparent" distribution, they would not have gone to ...... with their project. Here, as it were, it is clear what kind of audience everything is designed for - in general, another scam.
As I understand it, the Durov brothers initially wanted to really create something, something cool, but the regulators broke off with the deadlines, in 2022 this is no longer the most advanced project, but if it had been launched in 2020, when there was no Solana, Polkadot, others loud, perhaps something would have happened, but time was lost, it is clear that the guys were upset, well, then what happened happened.
But this is my conclusion, you make your own.
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