TON 加密貨幣在與 Telegram Messenger 整合的猜測中飆升

由於人們對 TON 加密貨幣與流行通訊應用程式 Telegram 的整合以及在其區塊鏈上發行 Tether 代幣的預期推動，TON 加密貨幣的價值大幅上漲。 「超級應用程式」中支付、社群媒體和訊息服務的整合引起了投資者的關注，TON 順應了這一趨勢。儘管之前在將加密貨幣帶入社交媒體方面失敗了，例如 Facebook 的 Libra 項目，但 TON 的去中心化性質和 Telegram 的支持可能會提供一條新的前進道路。然而，監管問題和使用者認知對其廣泛採用構成了挑戰。

TON Cryptocurrency Surges as Investors Envision its Integration with Telegram Messaging Service

投資者設想 TON 加密貨幣與 Telegram 訊息服務集成，加密貨幣飆升

By Elizabeth Howcroft

伊莉莎白·豪克羅夫特

Introduction

介紹

The cryptocurrency market has witnessed a notable surge in the value of a digital asset known as TON in recent months. Investors are placing their bets on the potential integration of TON with the widely popular Telegram messenger service, which boasts an estimated user base of 900 million individuals.

近幾個月來，加密貨幣市場見證了一種名為 TON 的數位資產的價值顯著飆升。投資者押注於 TON 與廣受歡迎的 Telegram 通訊服務的潛在整合，預計將有 9 億用戶。

Telegram's endorsement of TON in September 2022 played a significant role in its current trajectory. The company announced that the TON blockchain and its associated token would serve as its "official Web3 infrastructure." Subsequently, TON disclosed plans to allow the issuance of Tether tokens on its blockchain, enabling Telegram users to seamlessly transfer this stablecoin within the application.

Telegram 在 2022 年 9 月對 TON 的認可對其當前的發展軌跡發揮了重要作用。該公司宣布 TON 區塊鏈及其相關代幣將作為其「官方 Web3 基礎設施」。隨後，TON 透露計劃允許在其區塊鏈上發行 Tether 代幣，使 Telegram 用戶能夠在應用程式內無縫轉移這種穩定幣。

Price Performance

性價比

The TON token has experienced a meteoric rise since its inception. According to data from CoinGecko, it has surged from approximately $2.21 a year ago to a peak of $7.63 on April 11th, 2023. This impressive performance has catapulted TON to the 10th position among the most valuable cryptocurrencies, trailing only Dogecoin, the popular memecoin.

TON 代幣自誕生以來經歷了快速上漲。根據CoinGecko 的數據，它已從一年前的約2.21 美元飆升至2023 年4 月11 日的峰值7.63 美元。位，僅次於流行的memecoin 狗狗幣。

Conceptual Promise of Super Apps

超級應用程式的概念承諾

The prospect of developing a "super app" or "everything app" that seamlessly integrates payments, shopping, social media, and messaging services has captivated the imaginations of investors worldwide. Inspiration for this concept often stems from successful platforms such as WeChat in China. Within the cryptocurrency realm, this concept is commonly referred to as "SocialFi," an abbreviation of social finance.

開發無縫整合支付、購物、社交媒體和訊息服務的「超級應用程式」或「一切應用程式」的前景吸引了全球投資者的想像力。這概念的靈感往往源自於中國的微信等成功平台。在加密貨幣領域，這個概念通常被稱為“SocialFi”，是社會金融的縮寫。

Such aspirations motivated Elon Musk's acquisition of Twitter in 2022, which was partially funded by Binance. Binance has expressed its intention to explore the potential integration of cryptocurrencies into the Twitter platform. In contrast, Revolut, a UK-based fintech company, has taken the opposite approach, beginning with a financial app and subsequently adding social features.

這種願望促使 Elon Musk 在 2022 年收購了 Twitter，該公司的部分資金來自幣安。幣安已表示有意探索將加密貨幣整合到 Twitter 平台中的可能性。相較之下，英國金融科技公司 Revolut 則採取了相反的做法，從金融應用程式開始，隨後添加社交功能。

Factors Driving TON's Popularity

推動 TON 受歡迎的因素

While the allure of TON is intertwined with the broader enthusiasm for super apps, it has also benefited from a general resurgence in the popularity of altcoins, according to Thomas Peuch, CEO of Indigo, a digital asset hedge fund.

數位資產對沖基金 Indigo 執行長 Thomas Peuch 表示，雖然 TON 的吸引力與人們對超級應用程式的廣泛熱情交織在一起，但它也受益於山寨幣的普遍復甦。

"TON has outperformed many of its peers as investors flock to the project due to renewed interest in altcoins and the backing of Telegram," Peuch stated, confirming Indigo's involvement in TON token trading.

Peuch 表示：「由於對山寨幣重新產生興趣以及 Telegram 的支持，投資者紛紛湧向該項目，TON 的表現優於許多同行。」他證實了 Indigo 參與 TON 代幣交易。

Telegram has incorporated a crypto wallet product into TON, known as "The Open Network," boasting over six million monthly users.

Telegram 已將加密錢包產品納入 TON，稱為“開放網路”，每月用戶數量超過 600 萬。

Historical Context

歷史背景

Efforts to integrate cryptocurrency payments into social media platforms have not yielded widespread success to date. Facebook, now known as Meta, abandoned its "Libra" cryptocurrency project following fierce opposition from global regulators, who expressed concerns about its potential impact on financial stability and monetary policy.

迄今為止，將加密貨幣支付整合到社群媒體平台的努力尚未取得廣泛成功。 Facebook（現稱為 Meta）在全球監管機構的強烈反對下放棄了其「Libra」加密貨幣項目，監管機構對其對金融穩定和貨幣政策的潛在影響表示擔憂。

"The recent foray into crypto payments through Telegram presents a novel use case for the app, but its widespread acceptance and adoption are still in their infancy," commented Robert Le, a senior analyst at PitchBook. He noted an increase in venture capital interest in SocialFi projects.

PitchBook 高級分析師 Robert Le 評論道：“最近通過 Telegram 進軍加密支付領域，為該應用程式提供了一個新穎的用例，但其廣泛接受和採用仍處於起步階段。”他指出創投對 SocialFi 計畫的興趣增加。

"The primary challenge lies in changing user perceptions in non-Asian markets, where messaging apps are predominantly viewed as communication tools rather than multifunctional platforms," Le added.

「主要挑戰在於改變非亞洲市場的用戶認知，在這些市場中，訊息應用程式主要被視為通訊工具而不是多功能平台，」Le 補充道。

Regulatory Considerations

監管考慮

Ram Gopal, a professor at Warwick Business School, highlighted the "regulatory, technical, and security challenges" associated with integrating cryptocurrencies into social media platforms.

華威商學院教授拉姆·戈帕爾（Ram Gopal）強調了將加密貨幣整合到社群媒體平台相關的「監管、技術和安全挑戰」。

"Regulators may scrutinize how these platforms adhere to existing financial regulations," he explained.

「監管機構可能會審查這些平台如何遵守現有的金融法規，」他解釋道。

Gopal emphasized that safeguarding users from scams, fraud, and potential losses due to cryptocurrency volatility would be paramount for regulatory bodies.

戈帕爾強調，保護用戶免受詐騙、詐欺以及加密貨幣波動造成的潛在損失對於監管機構來說至關重要。

TON's Evolution

TON 的演變

Telegram Messenger initiated the development of TON's blockchain in 2018, raising $1.7 billion through the sale of its associated cryptocurrency. However, the project faced legal challenges from the U.S. Securities and Exchange Commission (SEC), which alleged that the token sale violated federal securities laws.

Telegram Messenger 於 2018 年啟動了 TON 區塊鏈的開發，透過銷售相關加密貨幣籌集了 17 億美元。然而，該項目面臨美國證券交易委員會（SEC）的法律挑戰，該委員會聲稱代幣銷售違反了聯邦證券法。

In a 2020 settlement with the SEC, Telegram agreed to discontinue the development of TON. Notably, the company did not admit or deny the SEC's allegations.

在 2020 年與 SEC 達成的和解中，Telegram 同意停止 TON 的開發。值得注意的是，該公司沒有承認或否認 SEC 的指控。

According to the historical account provided on TON's website, a separate group of developers continued the project after Telegram's withdrawal. TON maintains that it operates as a decentralized entity based on an open-source codebase, without a single controlling authority. A non-profit foundation, registered in Zug, Switzerland, ostensibly supports the project.

根據 TON 網站上提供的歷史記錄，在 Telegram 退出後，單獨的開發小組繼續了這個專案。 TON 堅稱，它是一個基於開源程式碼庫的去中心化實體，沒有單一的控制機構。一個在瑞士楚格註冊的非營利基金會表面上支持該計畫。

A TON spokesperson emphasized the distinct separation between Telegram and TON as entities. The TON Foundation's website indicates that Steve Yun serves as its president, while Andrew Rogovoz, the former CEO of the Russian social media site VK, is a founding member. Rogovoz was present alongside Telegram co-founder Pavel Durov and Tether CEO Paolo Ardoino at a conference in Dubai, where the partnership to issue the stablecoin on the TON blockchain was announced.

TON 發言人強調了 Telegram 和 TON 作為實體之間的明顯區別。 TON基金會的網站顯示，史蒂夫·雲（Steve Yun）擔任其主席，而俄羅斯社交媒體網站VK前首席執行官安德魯·羅戈沃斯（Andrew Rogovoz）是創始成員。 Rogovoz 與 Telegram 聯合創始人 Pavel Durov 和 Tether 首席執行官 Paolo Ardoino 一起出席了在迪拜舉行的一次會議，會上宣布了在 TON 區塊鏈上發行穩定幣的合作夥伴關係。