What is TON Coin and Who is the Founder of Toncoin ?
In 2018, Nickolai and Pavel Durov launched the Telegram Open Network (TON), a scalable blockchain designed to support Telegram's large user base.
Toncoin, the native cryptocurrency of TON, is used for network operations, transactions, and supporting games or collectibles built on the TON platform.
Toncoin uses peer-to-peer (P2P) transactions, allowing users to make quick and secure payments directly to each other without the need for intermediaries.
Toncoin powers decentralized apps (DApps) and services like DeFi and NFTs within The Open Network, enhancing its utility and ecosystem growth.
TON Coin is currently trading at $7.19, with a market cap of $17,683,571,628.