Cryptocurrency Industry News

TON Launches TON Space Wallet, Compatible with Telegram

Published by
Written By: Michael Abadha
Share
    Summary:
  • TON Space is a revolutionary web3 wallet as it is built to enable the over 800 million users on Telegram to seamlessly use web3 wallet.

Wallet, a wallet application built on The Open Network (TON) and integrated on Telegram Messenger, has announced the launch of a new self-custody wallet called TON Space. In addition, there will be a beta integration waitlist for TON Space, which will go concurrently with this new product. According to a company release, TON Space will allow developers to build Telegram-based user interfaces for their apps while also integrating the blockchain directly into the TON Space wallet.

TON Space set to revolutionise Telegram

The beta testing phase is a pivotal point in the development of the first self-custodial wallet integrated within a successful Web2 environment. If you’re a developer, you can get early access to integrating TON Space into your apps by signing up for the waitlist right now. With TON Space released, blockchain developers will be able to create Web3 services that mimic the seamless use of native mobile apps. With Telegram’s 800 million monthly users, this presents a massive growth opportunity for developers, especially considering how easy it is to use the platform.

The TON Space onboarding process, Web3 functionality, and user experience will all be accessible from within the Telegram app. Access to the masses and easy onboarding are two of the primary barriers to widespread crypto adoption, and this gives an all-encompassing solution for Web3 developers everywhere. In addition, the ability to create decentralised applications and bots that work seamlessly within Telegram is a big deal. With the ability to store, manage, and trade assets within Telegram, these services and their users will have access to a world of new possibilities.

TON Space’s unique selling point is that users can link their self-custodial wallet to Telegram apps without leaving the ecosystem. The TON Space team has told developers that they should prepare for the consumer launch will take place at the end of the third quarter of 2023. The Wallet team says that it will have support for NFT Collectibles and trading services up and running by that time.

This post was last modified on Aug 10, 2023, 15:55 BST 15:55

Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha