- TON blockchain experiences hyperload for the first time as several large-scale projects with millions of users appear.
- Currently, the platform is gearing up for the biggest token launch in history, with Hamster Kombat gearing to drop tokens to the 131 million users.
- TON’s “Mintless Jettons” technology is reportedly set to solve scalability problems by enabling the distribution of tokens quickly without spending more than $1 in gas fees.
In the current week, the TON blockchain activity has experienced a record level with the multiple project launches and considerable increase in the number of transactions. This has created a great testing ground for the blockchain within the growing Web3 Industry and stream of users and new projects on the platform. Now, TON is preparing for what may turn out to be its greatest technical test in its history.
Coming Up: The largest crypto onboarding event ever
This week, TON blockchain has seen record traffic, with new projects bringing unprecedented on-chain activities to Web3.
On September 20, @CatizenAI officially launched with 18M monthly active users, followed by Rocky Rabbit… pic.twitter.com/RPM1CrHqXF
— TON 💎 (@ton_blockchain) September 25, 2024
The new project CatizenAI was initiated on September, 20 that connected 18 million MAUs in the network. This was followed by two more projects in the TON ecosystem just days later on September 23 – Rocky Rabbit and WatBird, which have MAUs of 18 million and 12 million, respectively. All of these helped to create explosive growth in the number of transactions and interactions occurring on the blockchain. But, the network is still fairly stable as it maintained the extra load with only a few disruptions.
Preparing for the Largest Token Launch in History
However, TON’s biggest problem is still ahead of it. The next day, it is scheduled to launch the biggest crypto onboarding event in history. The project Hamster Kombat, which has attracted more than 300 million users since its inception in March, will distribute tokens to 131 million users. This is the largest token distribution event in the history of blockchain and promises to put stress on TON’s capabilities like never before.
In response, the TON Core Development team has developed a new technological solution called “Mintless Jettons.” This makes it possible to distribute tokens to millions of users within a short while with gas fees below $1. The proactive activeness of the development team stems from the fact that there is always a possibility of some technical hitches that may occur during the airdrop hence the need to ensure the network is capable of handling large traffic as a result of the airdrop without freezing or causing delays.
Moving Toward Mass Crypto Adoption
TON blockchain is already a serious step towards the adoption of cryptocurrencies by the general public. TON’s community, with its innovative technology, is taking its place in the race for the supply of blockchain to the market. Every new project onboarded takes millions closer to the vision of decentralized finance, and sets a new bar for the role of crypto in the future of Web3.