A TON Spin-off project launches its testnet and token airdrop in China as the official Telegram Open Network is preparing to shut down on August 1st. Following the latest reports coming in the best cryptocurrency news sites, the latest spin-off project announced its testnet is now live.
TONCommunity.org is one of the few spin-offs on Telegram’s unlaunched blockchain networks that has announced its testnet now live. After announcing plans for a separate TON network back in May, the TONCommunity.org launched the testnet on July 28th as the project’s founder Tooz Wu explained. Alongside the testnet launch, the TON spin-off project is holding an airdrop of mainnet tokens known as “TONCoins” and the testnet airdrop is available for all Telegram users and has 10 million TON coins as Wu said.
Dubbed “testnet3” the Chinese TON community testnet poses itself as a continuation fo the official TON token which is often referred to as “testnet2”. As the official TON developer announced that their testnet will be shut down, the project invited the community to join a new one as validators continued using the network. Originally established in China, the TONCommunity.org has gone international since it was set up in 2020. According to Wu, the project’s key members include people from Russia, Singapore, and China.
Backed by the Chinese TON community, the platform is not the only project that is a successor to the TON official network as there are other initiatives that decided to implement Telegram’s original open-source blockchain technology after Telegram had to shut down following the unsuccessful legal battle with the United States regulators. Before shutting down the project, the Free TON community launched the “Free TON blockchain” and there was also another initiative known as the NewTON. FreeTON distributed 1,342,000 TON tokens in a series of contests for developers and network validators as well.
The SEC’s Hester Peirce criticized authorities for closing the Telegram blockchain. She is known for advocating for the crypto and other emerging technologies which is why she is known as the “crypto Mom” and she stated that she didn’t support the SEC’s action against Telegram blockchain since the first day.
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Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.
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