The Open Platform launches TON Space self-custody wallet

The Block2024/12/18 16:00

By:The Block

Quick Take The Open Platform (TOP) has officially launched the TON Space custodial wallet. According to a TOP announcement, TON Space has emerged from its development phase, having already been used by over 100 million Telegram users.

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The Open Platform launches TON Space self-custody wallet image 0

The Open Platform (TOP), a venture capital firm and venture builder on The Open Network (TON) blockchain, has launched TON Space, a self-custodial wallet.

The move marks the end of the beta development period and the subsequent gradual launch of the new self-custodial wallet platform. The announcement from TOP described TON Space as having achieved impressive growth during its development phase.

"The beta period saw more than 100 million Telegram users having used TON Space to create self-custodial wallets," the TOP announcement said. The development now allows user access to both custodial and non-custodial wallet options within a unified interface, allowing users to switch between account types. The updated platform also features improved navigation, aiming to create a smoother onboarding experience for new users.

"We aim to engage 30% of Telegram users in the TON ecosystem by 2028, and the launch of our self-custodial wallet is yet another milestone in our journey to achieve this goal," TOP CEO Andrew Rogozov said.

New features of the TON Space custodial wallet

TON Space will introduce new features, including a dApp catalog, decentralized exchange (DEX) integration, staking aggregation solutions and mechanisms for NFT and Jetton giveaways. These integrations aim to support TON blockchain developers and increase the discoverability of their applications.

TOP is a venture capital firm and venture builder focused on early-stage projects in the TON blockchain ecosystem . It provides developers with funding, resources and expertise, enabling them to build scalable web3 products that are ready for widespread adoption.

Toncoin fell in price by over 5% in 24 hours, changing hands for $5.40 at publication time, according to The Block's Price Page .

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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