1 Billion USD

Two weeks ago, channel of TON posted an address for community donations – with an idea to create a bigger reserve of Toncoin. It would enable Foundation to develop the ecosystem harder, and reach new heights.

Starting next day, the donations address exploded with incoming transactions. It reached hundreds of millions USD in $TON equivalent – all being non-profit donations. Today the amount of Toncoin donated surpassed 1 Billion USD equivalent (500M+ $TON) – making it the biggest crypto raise period.

There are still not many details how these cosmic amounts will be put to work. One thing is clear: potential of TON is still hard to digest, even for ourselves.