Ramp Network Integrates with TON Blockchain

Ramp Network (RAMP), a financial technology company, is facilitating access to The Open Network (TON) blockchain ecosystem for millions of Telegram users. This integration enables an easy entry into the world of Web3 for Telegram's massive user base.

Streamlining Access to Toncoin

Through this collaboration, Ramp simplifies the process of purchasing Toncoin ($TON) using traditional fiat currencies. Toncoin, the native cryptocurrency of TON, fuels network operations, transactions, and the acquisition of digital assets like NFTs and Web3 gaming items.

Enabling Seamless Onboarding

Szymon Sypniewicz, CEO at Ramp, expresses excitement about opening Web3's doors to Telegram users by allowing them to acquire TON using their preferred payment methods. This move aligns with the mission to establish a decentralised future accessible to everyone.

Daniel Yang, Global Business Development Lead at TON Foundation, emphasises how this on-ramp expands accessibility to Toncoin, facilitating near-instantaneous and borderless transactions within the TON ecosystem.

Gateway to TON Ecosystem

Ramp emerges as the gateway to the TON ecosystem, offering users the ability to swiftly purchase cryptocurrencies with fiat currencies. Its integration allows developers to embed the on-ramp into their applications for seamless access to Toncoin and other tokens.

Key Role in Mass Adoption

Ramp's on-ramp solution stands pivotal in enabling over 800 million active Telegram users to join the TON ecosystem. Supporting multiple payment methods, including widely-used digital payment options like PIX in Brazil, facilitates broader accessibility.

TON's Vision for Web3 Expansion

TON aims to transform Telegram into a Web3 super app, a vision that aligns with its recent substantial investment from MEXC. This move is expected to exponentially grow TON's ecosystem and bring Web3 to millions globally.

About Ramp Network and The Open Network

Ramp Network (RAMP) connects the crypto economy with the global financial infrastructure. Its core products streamline conversions between cryptocurrencies and fiat across 150+ countries, supporting major payment methods.

The Open Network (TON) strives to empower 500 million users by 2028, aiming to establish the Web3 ecosystem within Telegram Messenger. This initiative focuses on granting users ownership of their digital identities, data, and assets.

Facilitating Mainstream Web3 Adoption

The collaboration between Ramp Network and TON signifies a significant stride towards making Web3 accessible to a broader audience. By simplifying the onboarding process and expanding accessibility, they pave the way for mainstream adoption without alienating non-native users. This strategic integration aligns with the vision to democratise decentralised technologies, potentially reshaping the future of digital interactions.