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Toncoin (TON) Project Report This report provides an overview of Toncoin (TON), describing it as the native utility token of The Open Network (TON), a Layer-1 blockchain utilizing a Proof-of-Stake algorithm and closely linked with Telegram. The text outlines several use cases for TON, such as paying for transaction fees, staking by validators, and various platform services like decentralized storage and blockchain domain names. Key components of the TON network discussed include TON Payments for faster transactions, TON Nominator for staking rewards, TON DNS for readable addresses, and TON Storage for file storage. Finally, the document includes key metrics regarding the token supply and community links.
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