{"id":11172,"date":"2024-02-29T13:41:45","date_gmt":"2024-02-29T11:41:45","guid":{"rendered":"https:\/\/forklog.com\/en\/durov-proposes-solution-to-preserve-tons-decentralization\/"},"modified":"2024-02-29T13:41:45","modified_gmt":"2024-02-29T11:41:45","slug":"durov-proposes-solution-to-preserve-tons-decentralization","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/durov-proposes-solution-to-preserve-tons-decentralization\/","title":{"rendered":"Durov Proposes Solution to Preserve TON&#8217;s Decentralization"},"content":{"rendered":"<p>Following the announcement to sell advertising on Telegram using the cryptocurrency Toncoin, users expressed concerns that the messenger might begin to control a significant portion of the coin&#8217;s issuance. Pavel Durov <a href=\"https:\/\/t.me\/durov\/250\">proposed a solution<\/a> to the issue.\u00a0<\/p>\n<p>According to him, the Telegram team will be limited to owning about 10% of the total token supply. Any excess will be sold to long-term investors \u2014 &#8220;in accordance with a lock-up and vesting plan of one to four years, but at a discount to the market price.&#8221;\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Thus, the freely floating TON will be locked up, which will stabilize the ecosystem and reduce volatility,&#8221; wrote the messenger&#8217;s founder.\u00a0<\/p>\n<\/blockquote>\n<p>He also announced that he is ready to consider applications from large investors (over $1 million) interested in purchasing the coin.<\/p>\n<p>At the time of writing, the price of TON is $2.62, according to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/toncoin\">CoinGecko<\/a>.<\/p>\n<p>In March, Telegram plans to distribute up to 50% of the revenue earned from advertising in user channels back to the users.<\/p>\n<p>Earlier, ForkLog in a special report examined how decentralized the TON network is and who controls the majority of mined tokens.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following the announcement to sell advertising on Telegram using the cryptocurrency Toncoin, users expressed concerns that the messenger might begin to control a significant portion of the coin&#8217;s issuance. Pavel Durov proposed a solution to the issue.\u00a0 According to him, the Telegram team will be limited to owning about 10% of the total token supply. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11171,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[130,1423,723,1422],"class_list":["post-11172","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-decentralization","tag-pavel-durov","tag-telegram","tag-toncoin"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/11172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=11172"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/11172\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/11171"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=11172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=11172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=11172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}