🪙New TON Mintless Jetton Technology

TON developers introduced an innovative token standard extension called Mintless Jettons. This extension makes decentralized airdrops possible without the need for traditional issuance processes.

Mintless Jettons are a new type of token on the TON blockchain that allow for mass decentralized airdrops to millions of users without significant costs or blockchain load.

What problems does the new standard address?
- Traditional issuance processes are labor-intensive and costly when distributing to a large number of users
- By using Merkle trees, Mintless Jettons store only one hash representing all distributed amounts, reducing storage requirements
- Users can immediately use their tokens: send, trade, etc., without preliminary steps like withdrawals or applications. It just works!

How about on-chain protocols?
Mintless Jettons are still supported in on-chain protocols. Since Mintless Jettons are an extension of standard Jettons, no additional steps are required. You can interact with them the same way as you would with USDT, NOT, Scale, or STON.

For developers, Mintless Jettons open up new opportunities for large-scale and cost-effective token distributions. This makes it easy to integrate new loyalty and reward programs into their applications.

For users, this means more convenient interaction with tokens, skipping unnecessary delays and extra steps, though we must be aware of potential spam and flood distributions, for which a separate containment mechanism should be developed.

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