In September 2023, Telegram and the TON Foundation officially announced a partnership to integrate TON's self-hosted crypto wallet "TON Space" for Telegram users. This is the official cooperation and interaction between the two parties after Telegram announced in 2020 that it would abandon the "Telegram Open Network" project it founded due to compliance issues. As a result, relying on the social platform Telegram as a traffic entry point has become TON's core competitiveness.

Web2 traffic, Web3 users, social media platforms and high-performance public chains have made the TON ecosystem, which is still in its early stages, attract much attention from investors. This report mainly summarizes the early ecological development of TON Blockchain, public chain updates and development, on-chain ecological data, related financing information, etc., and analyzes the data growth, narrative perspective and development trend of the TON ecosystem for reference.

This report was jointly written and published by Starbase and Blocktempo. We would also like to thank TON and TonX Studio for providing content suggestions and support.