Dubai-based investment platform The Open Platform (TOP) has officially initiated the global deployment of its Wallet within the Telegram Messenger app, marking a significant leap towards mass adoption of TON blockchain technology. The announcement was made at The Gateway, the opening event of the TON ecosystem, where TOP also introduced additional features for TON Space, their crypto self-management solution.
Dubbed a game-changing move, Wallet’s integration into the Telegram settings menu aims to make cryptocurrency storage more accessible to a global audience. This move is in line with TOP’s commitment to simplify the Web3 ecosystem and accelerate the widespread use of products and services built on the TON blockchain.
“I am pleased to announce that the global rollout of Wallet in Telegram begins today.
It is a very exciting moment and our team has worked very hard.
We will start with select countries in Africa, expanding to MENA, EE and Asia in the first quarter of 2024, and to the entire world in the second quarter of 2024.”
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— TON
(@ton_blockchain) November 10, 2023
Innovation of the crypto landscape
Earlier this year, at the TOKEN2049 conference in Singapore, TOP unveiled its plan to give users direct access to Wallet within Telegram settings, even for those who had not previously registered with the service. The official confirmation came via a Telegram message from Pavel Durov, the founder of Telegram.
In the first phase of the global rollout, which began today, Wallet will be accessible in the Telegram settings menu for users in select African and Latin American countries, including Colombia, South Africa and Kenya. The expansion will continue in the first quarter of 2024, reaching countries such as Saudi Arabia, Nigeria and Turkey, while the rest of the world will follow in the second quarter of 2024.
The integration of Wallet into Telegram’s settings menu is expected to simplify the process of sending and storing crypto assets, making it as easy as sharing a photo in a chat. During the Gateway event, TOP also unveiled additional features for TON Space, their crypto self-management solution.
Users can now perform decentralized swaps within TON Space, and new functionality has been introduced that allows for seamless transfer of NFTs. The NFT transfer feature includes an escrow service to ensure secure transactions of digital collectibles. This addition aims to broaden the scope of NFT transactions, making the platform more inclusive for the exchange of digital assets, even for those without an existing Wallet account.
TOP CEO Andrew Rogozov emphasized the strategic importance of these improvements, stating: “These strategic improvements to Wallet and TON Space underscore our continued commitment to simplifying the crypto experience for the mainstream while maintaining robust security features. As TOP continues to innovate on TON, these updates are just the beginning of our vision to make a new decentralized economy a reality.”
In an effort to improve the user experience, all TON Space users now have access to the swap feature, powered by a strategic partnership with STON.FI, a leading TON-based decentralized exchange (DEX). Looking ahead, TON Space plans to further improve the user experience by integrating DEX aggregation in 2024.
Overall, Wallet’s integration into Telegram and TON Space’s enriched features not only mark a shift towards a more inclusive digital asset exchange platform, but also pave the way for a new decentralized economy. With these updates, TOP positions itself at the forefront of shaping the future of cryptocurrency, making strides toward a more accessible, secure, and user-friendly blockchain ecosystem.
