Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Topic started by: Smilez on August 03, 2024, 06:27:57 PM
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I think the Ton ecosystem is one that came as a surprise to most, surpassing most ecosystems in terms of growth, not to mention the number of people who have been onboarded into the crypto space through Ton ecosystem projects. Many investors have their eyes on it, which is what made me constantly look into Ton ecosystem projects.
Take INVITE, for example - a social growth engine that rewards users for participating in its ecosystem, with a focus on community engagement and governance. Such projects, which find innovative ways to give back to their communities, are one of the reasons newbies get onboarded into the crypto space easily. What are your thoughts on Ton ecosystem projects?
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Honestly, my favorite TON ecosystem project right now is $dogs because It's easy to get some for free, lol. Although, I saw an $invite listing announcement on the Bitget Twitter page but ignored it because the project name didn't look familiar, and I didn't know it was a TON project. I think I'll look more into this to decide whether or not to invest. Every TON project is worth exploring.
If you also want to know more about Dogs, I posted about it in the referral section.
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I think the Ton ecosystem is one that came as a surprise to most, surpassing most ecosystems in terms of growth, not to mention the number of people who have been onboarded into the crypto space through Ton ecosystem projects. Many investors have their eyes on it, which is what made me constantly look into Ton ecosystem projects.
Take INVITE, for example - a social growth engine that rewards users for participating in its ecosystem, with a focus on community engagement and governance. Such projects, which find innovative ways to give back to their communities, are one of the reasons newbies get onboarded into the crypto space easily. What are your thoughts on Ton ecosystem projects?
Ton network is already enjoying the moment and i think their concept or perhaps the concept of most project on the ecosystem is to help onboard newbies to the crypto space rather than giving a decent amount of airdrop to the miners. Although Notcoin was huge but others seem to confirm my assumption and i feel it's also a good concept that the project on the ton ecosystem are helping to onboard more hand to the industry
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I believe your judgement is a bit biased due to the recent trend and airdrop rewards related to Ton. I'm neutral about their future, but what their ecosystem offers right now is not really new as far as I remember. There are tons of "community projects" in other blockchain networks in the past that failed to deliver anything substantial since most of them are there just for the money. I wouldn't bet on the future just because some anonymous developer launched hundreds of meme tokens either. I'd say you should probably pick ones that have clear background and support from VCs. They will likely have longer lifespan so you can plan your exit without rush.
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Take INVITE, for example - a social growth engine that rewards users for participating in its ecosystem, with a focus on community engagement and governance. Such projects, which find innovative ways to give back to their communities, are one of the reasons newbies get onboarded into the crypto space easily. What are your thoughts on Ton ecosystem projects?
Didn't look deep into Invite, but taking your words for it. What invite is doing is nothing special, Steemit did it (governance, and rewarding community engagement) long time ago, and it had free transactions, so that was also an advantage.
IMO, if any chain actually wants to make an impact, it must be fee-less.
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How would the economy work if there is no fee though? What kind of incentive is there for running a node or staking unless the chain have unlimited inflation as block rewards or something similar? I honestly don't think a fee-less network is possible, well unless you want to create a small/non-profit company that focuses on doing that. I don't think a decentralized network will survive by doing that. Having a cheap fee for smart contract calls are quite attractive for me, but that's not enough to attract interest from great projects nowadays.
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How would the economy work if there is no fee though? What kind of incentive is there for running a node or staking unless the chain have unlimited inflation as block rewards or something similar? I honestly don't think a fee-less network is possible, well unless you want to create a small/non-profit company that focuses on doing that. I don't think a decentralized network will survive by doing that. Having a cheap fee for smart contract calls are quite attractive for me, but that's not enough to attract interest from great projects nowadays.
Steemit has block rewards for node runners, this works very well as long as project is lucrative enough to create demand that can absorb inflation, otherwise of course it affects the price.
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TonUP token is what I got from bounty campaign which TonUP price goes up too when it was listed in the market. It goes down though after some time and it didn't bounce since then.
But its a good project to invest in. This is one of the poject that gave me a reason to buy TON tokens. There are few more interesting projects in TON, there is just no assurance when it will finally be on bug exchanges.
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But its a good project to invest in. This is one of the poject that gave me a reason to buy TON tokens. There are few more interesting projects in TON, there is just no assurance when it will finally be on bug exchanges.
Projects are attracted to SOL because of the speed at which profits can be made from token transfers there, but if the price of TON goes up and the fees are very low, there is a good chance that the hype will move there.
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Dogs. I'm really excited about dogs. Even after the Durov arrest, I'm still excited because it has a very strong community, and I know its value is going to be bigger than we expect.
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But its a good project to invest in. This is one of the poject that gave me a reason to buy TON tokens. There are few more interesting projects in TON, there is just no assurance when it will finally be on bug exchanges.
Projects are attracted to SOL because of the speed at which profits can be made from token transfers there, but if the price of TON goes up and the fees are very low, there is a good chance that the hype will move there.
This good chance is likely going to be delayed for awhile because the CEO of TON got arrested.
This is not shocking anymore as it hae happened many times where CEOs are arrested and after the released the project declines until the changes is announced. There will be changes in TON very soon. We have yet to see the effect of it but today a downward movement.
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I think the Ton ecosystem is one that came as a surprise to most, surpassing most ecosystems in terms of growth, not to mention the number of people who have been onboarded into the crypto space through Ton ecosystem projects. Many investors have their eyes on it, which is what made me constantly look into Ton ecosystem projects.
Take INVITE, for example - a social growth engine that rewards users for participating in its ecosystem, with a focus on community engagement and governance. Such projects, which find innovative ways to give back to their communities, are one of the reasons newbies get onboarded into the crypto space easily. What are your thoughts on Ton ecosystem projects?
No doubt, I have successfully shifted from BSC to Ton, and I am very happy about it, there are alot of cool and undervalued projects on Ton blockchain which I personally believe will do very well inline with the growth of Ton, specially as the bull run is close by and all eyes are on TON and it's Ecosystem.
I don't know about the project you talked about, I will have to search it up and see what they are building and see if it's worth throwing some dollars into.
But at the moment, few projects on TON blockchain that I have high conviction will do very well Going forward into the future is
- UTYABSWAP - it's a DEX exchange on TON, through still in development, and for this reason, their TOKEN of 1b total supply is so very much undervalued at its current price of $0.0004.
- TONFISH - one of the very first animal memecoin on ton blockchain, the best of FISH is not seen yet.
- TAKEN - A pretty much new Audio memecoin on TON blockchain. Audio memecoins is a new narrative and it's just starting from Ton blockchain.
Feel free to check this projects out, but as always, this is not a financial advice.