The Open Network (TON) is gearing up for what it claims will be the largest token launch in the history of the cryptocurrency industry.
The Open Network (TON) is experiencing a period of rapid growth with the integration of several major gaming projects into its ecosystem. This development has led to a significant increase in the platform’s user base, positioning TON as a major player in the blockchain space. According to statements made on TON’s official X account, the company is preparing to host the most extensive crypto integration to date, signaling its ambitions to set new milestones in the rapidly evolving crypto landscape.
The TON network has experienced a substantial increase in traffic and user engagement, driven by the launch of several new projects. Among the most notable is the play-to-earn game Catizens, which officially launched on September 20. The game has already garnered 18 million monthly active users (MAU), contributing significantly to the overall user growth on the TON network. Shortly following Catizens, additional projects like Rocky Rabbit, also with 18 million MAU, and Wat Bird, which boasts 12 million MAU, were launched on September 23. Despite this rapid influx of users, the TON network has maintained stable operations, indicating its robust infrastructure and ability to handle significant increases in activity.
The TON network’s success is being closely monitored as it prepares for the upcoming launch of HMSTR coins, a token linked to the popular Hamster Kombat game. This upcoming token launch is expected to be a major challenge for the network due to the game’s massive user base. Hamster Kombat, which is trending on Telegram, reportedly has a larger following than Catizens, which has further increased the anticipation around the token release.
The planned launch of HMSTR coins is expected to test the TON network’s capabilities as it distributes tokens to over 131 million eligible users via airdrop. The Hamster Kombat game has reportedly attracted more than 300 million users since its launch in March 2023, making the token distribution one of the largest events in the crypto sector. However, the network’s developers are keenly aware of the potential challenges this massive airdrop may pose, especially after previous technical issues experienced during the launches of DOGS and NOT tokens. In those instances, the TON network faced delays due to heavy transaction volumes, underscoring the need for a more efficient system to handle large-scale token distributions.
In response to these challenges, TON has stated that it is fully prepared for the upcoming surge in activity. The core development team has introduced a new technological solution known as Mintless Jettons, which aims to streamline the token distribution process. This technology is designed to allow tokens to be distributed to millions of users efficiently, all while keeping gas fees below $15,000. This breakthrough solution is expected to address the scalability challenges that previously hindered the network, offering a quicker and more cost-effective way to manage large-scale token airdrops.
The introduction of Mintless Jettons represents a significant innovation in the world of blockchain and cryptocurrency. By facilitating the rapid distribution of tokens to a large number of users, this new technology is expected to make a major impact on how future token launches are handled. TON’s development team believes that this solution will make crypto more accessible to a broader audience, in line with the company’s long-term vision of expanding the reach of decentralized finance (DeFi) and blockchain-based applications.
The HMSTR coin is officially set to be listed on several prominent crypto exchanges on September 26, 2023, at 19:00 WIB. Users who have yet to claim their tokens will have two options for doing so: Direct Claim or via Crypto Exchange Ebi. This multi-method approach is designed to offer flexibility and convenience to users as they redeem their tokens.
