In a critical circulation to address issues in regards to the focus of Toncoin (TON), Pavel Durov, the creator of Telegram, published a procedure to set the decentralization and balance of the TON ecosystem. Following the most standard surge in TON’s tag, Durov took to his Telegram channel all over all as soon as more to allay fears raised by some team participants referring to the messenger’s skill dominance in TON holdings.
In his message, Durov assured the team that Telegram acknowledges the importance of a decentralized ecosystem and is committed to organising obvious a splendid distribution of TON. To enact this, he announced plans to limit Telegram’s share of Toncoin to approximately 10% of the full offer. This decision entails promoting the surplus holdings to long-term traders at a discounted fee, with a lockup and vesting thought spanning one to four years.
Long-term defending
Furthermore, Durov emphasised the importance of enticing with skill traders in a transparent and organized formula. To facilitate this job, Telegram has established a valid email address for astronomical traders, these prepared to make investments $1 million or extra, to pronounce their hobby in procuring TON.
This proactive methodology aims to keep bigger the participation of long-term holders within the TON ecosystem, thereby promoting balance and reducing volatility. By locking up free-floating Toncoin, Telegram seeks to prevent any undue affect on the market whereas fostering a decentralized atmosphere conducive to pronounce and innovation.
By addressing issues about TON focus and implementing measures to uphold decentralization, Durov aims to instill confidence within the integrity and long-term viability of the The Birth Community ecosystem.
