TON Foundation appoints Maximilian Crown, co-founder of MoonPay, as its new CEO, aiming to onboard 30% of Telegram’s active users to the blockchain by 2028.
Maximilian Crown Appointed as CEO of TON Foundation
The Ton Foundation has appointed Maximilian Crown, co-founder of MoonPay, as its new CEO. This move comes after Manuel Stotz became the president of the foundation’s board.
Key Partnerships and Experience
As the COO and CFO at MoonPay, Maximilian Crown has established relationships with banks, payments companies, and regulatory bodies. These connections are expected to be beneficial in expanding the TON blockchain ecosystem globally.
Blockchain Growth and Ambitions
TON blockchain users have seen a significant increase in numbers, jumping from 4 million to 41 million in the past year. Despite this growth, the TON token has experienced a decline of 46% over the same period. The foundation aims to onboard 30% of Telegram‘s active users to the blockchain by 2028.
The Telegram Open Network (TON) is a decentralized blockchain platform developed by the Telegram messaging app.
Launched in 2018, TON allows for fast and secure transactions with low fees.
It uses a proof-of-stake consensus algorithm and supports various programming languages.
TON has gained popularity among developers due to its high scalability and interoperability features.
The network is also known for its eco-friendly approach, using less energy compared to other blockchain platforms.
Vision for the Future
According to ‘Maximilian Crown‘, ‘TON’s speed, scalability, and exclusive integration with Telegram set it apart in the blockchain space.’ With access to over 1 billion Telegram users, TON has a unique opportunity to redefine how blockchain technology is adopted at scale.
Blockchain is a decentralized, digital ledger that records transactions across a network of computers.
It uses cryptography to secure and verify data, ensuring its integrity and transparency.
This technology allows for peer-to-peer transactions without the need for intermediaries, making it a secure and efficient way to conduct business.
Blockchain has various applications, including cryptocurrency, supply chain management, and smart contracts.
