TLDR Crypto · INNOVATION & LAUNCHES
TELEGRAM GOES EXCLUSIVE WITH TON, BARRING OTHER NETWORKS FROM APPS AND GAMES
Summary from the TLDR Crypto newsletter
Telegram has announced an exclusive partnership with The Open Network (TON) that will require all crypto-enabled mini apps and games on its platform to use the TON blockchain exclusively. The messaging platform and its 950 million active users will only allow non-TON chains for bridging. The TON Foundation is offering up to $50,000 grants for affected projects that transition within 30 days. TON was originally created by Telegram but spun out in 2020 due to regulatory concerns.