RiceMaximalist 🦇🔊🍚
RiceMaximalist 🦇🔊🍚

@RiceMaximalist

18 Tweets 3 reads Dec 09, 2022
1) A $TON information thread, there is no judgement call, just facts I've collected
this thread in webpage form: rice-daily.super.site
2) Because fragment.com is providing real utility by offering anonymous account service for telegram users (can think of this as anonymous 2fa), I spent some time digging into the $TON eco-system, here are the facts layed out in 69 tweets
3) A Fragment number is useful because if user can only use phone number or email as 2fa, and authorities (for whatever reason) get access to user's phone or laptop, they can simply log into user's tg account by accessing 2fa code via email or phone txt msg
4) Fragment is a really simple market for bidding rare numbers or usernames and minting random new numbers, you can also sell your own telegram names that you've already registered before, $TON is used to transact
5) Official $TON website: ton.org
This website has all the basic information for $TON
6) comparison between eth, sol and ton: ton.org
whitepaper: ton.org
7) $TON apps: ton.app
This website has all the $TON apps. Because telegram has a really good login system and a good bot system, these apps have very interesting UI/UX
8) bridge: ton.org
not many use cases nor liquidity on Ethereum and BSC, but really sensible to have native bridge for ETH and BSC, where the most users are
9) nft marketplace: getgems.io
there are interesting nfts where provides a small discount on staking service such as tonwhales nfts
10) blockchain explorer: tonapi.io
12) three main wallet apps:
ton keeper: mobile tonkeeper.com
tonhub: wallet + staking, mobile tonhub.com
ton wallet: webbrowser, plugin wallet.ton.org
13) contributors:
@durov founder of tg, built fragment on $TON
TON foundation member: linkedin.com
Bill Chin was lead for binance labs (but binance does NOT have any involvement in $TON)
14) tokenomics is murky because $TON had to settle/avoid US securities law (im no lawyer just rephrasing)
before June 2022, $TON was PoW and I suspect that majority of farming rewards went to "insiders"(don't quote me im retarded), top holders here: tonwhales.com
15) if you look at top holders, you will see that token supply is extremely concentrated. This is inline with daily volume, mostly happening in chinese cex, for a coin with $2.5B mcap, daily volume is a mere $20M. coins are not changing hands
16) after June 2022, switched to PoS, annual inflation is set to 0.6%, there is no "halvening" mechanics. for example you can stake $TON with staking pools such as this whalepool service: tonwhales.com
17) because $TON didn't have a smooth launched (securities law), at the start there was a fork: coingecko.com
this is a community fork and not really connected in anyway with telegram, I haven't seen much activity with this community fork
18) and that wraps it up, I will probably add more to this thread as I find interesting stuff in the future, thanks for reading
this is a webpage form that you can bookmark: rice-daily.super.site

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