TON 加密货币在与 Telegram Messenger 集成的猜测中飙升

由于人们对 TON 加密货币与流行通讯应用程序 Telegram 的整合以及在其区块链上发行 Tether 代币的预期推动，TON 加密货币的价值大幅上涨。 “超级应用程序”中支付、社交媒体和消息服务的融合引起了投资者的关注，TON 顺应了这一趋势。尽管之前在将加密货币带入社交媒体方面失败了，例如 Facebook 的 Libra 项目，但 TON 的去中心化性质和 Telegram 的支持可能会提供一条新的前进道路。然而，监管问题和用户认知对其广泛采用构成了挑战。

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

投资者设想 TON 加密货币与 Telegram 消息服务集成，加密货币飙升

By Elizabeth Howcroft

伊丽莎白·豪克罗夫特

Introduction

介绍

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.

近几个月来，加密货币市场见证了一种名为 TON 的数字资产的价值显着飙升。投资者押注于 TON 与广受欢迎的 Telegram 通讯服务的潜在整合，该服务预计拥有 9 亿用户。

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 月对 TON 的认可对其当前的发展轨迹发挥了重要作用。该公司宣布 TON 区块链及其相关代币将作为其“官方 Web3 基础设施”。随后，TON 透露计划允许在其区块链上发行 Tether 代币，使 Telegram 用户能够在应用程序内无缝转移这种稳定币。

Price Performance

性价比

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 代币自诞生以来经历了飞速上涨。根据 CoinGecko 的数据，它已从一年前的约 2.21 美元飙升至 2023 年 4 月 11 日的峰值 7.63 美元。这一令人印象深刻的表现使 TON 在最有价值的加密货币中跃居第十位，仅次于流行的 memecoin 狗狗币。

Conceptual Promise of Super Apps

超级应用程序的概念承诺

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.

开发无缝集成支付、购物、社交媒体和消息服务的“超级应用程序”或“一切应用程序”的前景吸引了全球投资者的想象力。这一概念的灵感往往源于中国的微信等成功平台。在加密货币领域，这个概念通常被称为“SocialFi”，是社会金融的缩写。

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.

这种愿望促使埃隆·马斯克 (Elon Musk) 在 2022 年收购了 Twitter，该公司的部分资金来自币安。币安已表示有意探索将加密货币整合到 Twitter 平台中的可能性。相比之下，英国金融科技公司 Revolut 则采取了相反的做法，从金融应用程序开始，随后添加社交功能。

Factors Driving TON's Popularity

推动 TON 受欢迎的因素

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.

数字资产对冲基金 Indigo 首席执行官 Thomas Peuch 表示，虽然 TON 的吸引力与人们对超级应用程序的广泛热情交织在一起，但它也受益于山寨币的普遍复苏。

"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：“由于对山寨币重新产生兴趣以及 Telegram 的支持，投资者纷纷涌向该项目，TON 的表现优于许多同行。”他证实了 Indigo 参与 TON 代币交易。

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

Telegram 已将加密钱包产品纳入 TON，称为“开放网络”，每月用户数量超过 600 万。

Historical Context

历史背景

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.

迄今为止，将加密货币支付整合到社交媒体平台的努力尚未取得广泛成功。 Facebook（现称为 Meta）在全球监管机构的强烈反对下放弃了其“Libra”加密货币项目，监管机构对其对金融稳定和货币政策的潜在影响表示担忧。

"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 高级分析师 Robert Le 评论道：“最近通过 Telegram 进军加密支付领域，为该应用程序提供了一个新颖的用例，但其广泛接受和采用仍处于起步阶段。”他指出风险投资对 SocialFi 项目的兴趣有所增加。

"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.

“主要挑战在于改变非亚洲市场的用户认知，在这些市场中，消息应用程序主要被视为通信工具而不是多功能平台，”Le 补充道。

Regulatory Considerations

监管考虑

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

华威商学院教授拉姆·戈帕尔（Ram Gopal）强调了将加密货币整合到社交媒体平台相关的“监管、技术和安全挑战”。

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

“监管机构可能会审查这些平台如何遵守现有的金融法规，”他解释道。

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

戈帕尔强调，保护用户免受诈骗、欺诈以及加密货币波动造成的潜在损失对于监管机构来说至关重要。

TON's Evolution

TON 的演变

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 于 2018 年启动了 TON 区块链的开发，通过销售相关加密货币筹集了 17 亿美元。然而，该项目面临美国证券交易委员会（SEC）的法律挑战，该委员会声称代币销售违反了联邦证券法。

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 年与 SEC 达成的和解中，Telegram 同意停止 TON 的开发。值得注意的是，该公司没有承认或否认 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.

根据 TON 网站上提供的历史记录，在 Telegram 退出后，一个单独的开发小组继续了该项目。 TON 坚称，它是一个基于开源代码库的去中心化实体，没有单一的控制机构。一个在瑞士楚格注册的非营利基金会表面上支持该项目。

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 发言人强调了 Telegram 和 TON 作为实体之间的明显区别。 TON基金会的网站显示，史蒂夫·云（Steve Yun）担任其主席，而俄罗斯社交媒体网站VK前首席执行官安德鲁·罗戈沃斯（Andrew Rogovoz）是创始成员。 Rogovoz 与 Telegram 联合创始人 Pavel Durov 和 Tether 首席执行官 Paolo Ardoino 一起出席了在迪拜举行的一次会议，会上宣布了在 TON 区块链上发行稳定币的合作伙伴关系。