Telegram Open Network (TON) is a decentralized blockchain platform that was developed by the popular messaging app Telegram. The TON network was designed to be fast, scalable, and capable of handling a high volume of transactions.
The TON platform was slated to launch in late 2019, but was delayed due to regulatory hurdles, including a legal battle with the US Securities and Exchange Commission (SEC) over the legality of its initial coin offering (ICO). As a result, the TON network never officially launched and the TON cryptocurrency, the Gram token, has yet to be released.
However, a group of developers who had obtained access to the TON code have since launched their own version of the network, known as Free TON. This network operates independently of Telegram and has its own community and governance structure. The Free TON network uses the TON Crystal (TON) token as its native cryptocurrency.
As TON is a relatively new and untested technology, it is considered a high-risk investment. It is important to thoroughly research any investment opportunity and to understand the risks involved before making any investment decisions. This is especially true in the highly volatile cryptocurrency market, where prices can fluctuate rapidly and unpredictably.
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