Microcosm Labs shares their vision for the future of TON in this article. They provide two reasons why they are optimistic about TON.

Firstly, TON is an integral part of Telegram's commercialization strategy and will be closely integrated with the platform, filling the gap left by Facebook Libra's unfinished innovation.

Secondly, Microcosm Labs believes that a thriving ecosystem will emerge on TON, which will empower Telegram and create a strong flywheel effect.

Crypto is small now, but Web 3 and TON are big. We suggest everyone to take a new perspective to look at TON, we are discussing a great business revolution.

You can find more information at this link: https://tonup.cc/40qe6OU

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​Tap Fantasy launches on TON

Tap Fantasy, the pioneering large-scale ACG MMORPG, is now live on TON.

Tap Fantasy's integration into the TON Ecosystem is notable for several reasons:
▪️ It received a grant from the TON Foundation, highlighting its potential.
▪️ First project to launch an IDO on TonUp and the game's token, MC, sold out in just thirty minutes.
▪️ MC token is now listed on Megaton and STON.fi, ranking fourth in Total Value Locked (TVL) across the TON Ecosystem.
▪️ Its NFT presale was fully claimed in one minute and it is now available on Getgems.

The game represents more than just a new feature in the ecosystem; it's a driving force for its expansion and development. With its strong user spending capabilities and high retention rates, Tap Fantasy is expected to increase the number of on-chain interactions and attract new users to TON. The transition of its substantial existing user base of 730,000 into the TON Ecosystem is a major step towards wider adoption.

Launch campaign
To celebrate this milestone, there is a launch campaign offering 101,000 MC and 12,000 Toncoin to players on TON. Additionally, the campaign includes a referral program where inviting friends can earn players up to a 35% rebate.

Embark on your Tap Fantasy adventure today via the Tap Fantasy Game Bot.

We are hereby announcing the imminent transfer of the multi-signature keys of the LP to the Tap Fantasy team. This marks the formal end of our collaboration with Tap Fantasy and we wish to acquaint our community thoroughly with the procedure and its repercussions.

A Brief Recap of Tap Fantasy IDO

The IDO was a triumph success, managing to draw in 80K $TON within just 32 minutes, equivalent to $140,558 at that time. This has created a very good case for the TON ecosystem and TonUP. Please refer to the complete blog here.

In accordance with the CPP, our team has assiduously managed the funds raised, and those injected into the LPs under a multi-sign wallet, together with Tap Fantasy's team.

The unexpected delay in launching the Tap Fantasy game was beyond our control. The game's delay caused significant token price fluctuations. To combat this, we have opted to buyback tokens using the commission accrued from the IDO. After that, we burned the token. This action aims to stabilize the market and safeguard our community interests.

Scheduled Transfer of LP Keys

It's gratifying to note that $MC token has successfully weathered this storm and reached an ATH price of 0.32 $TON, marking a 1.6x growth from the IDO price. We are about to divulge that our custodianship of the LPs concludes soon and we aim to transfer the LP keys to Tap Fantasy, after retaining them for another 7 days.

⚠️ We wish to caution our community that following the key transfer, the token liquidity and market conditions may potentially fluctuate. Despite our measures to alleviate risks, we urge our community members to stay informed and exercise caution in their trading activities.

Our commitment to clear communication and continual support for our community remains unaltered. You can find all the details about the Tap Fantasy IDO through this post on the TON Community.

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Annoucement: @TonUP_io

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TON Network Online: A Heartfelt Thanks to TON Community
As of 7:20 AM UTC today, The Open Network (TON) has effectively resolved the recent network congestion issues, thanks to upgrades implemented by TON validators. This advancement has enabled the network to process transactions swiftly and seamlessly, ensuring the safety and security of all user assets during the slowdown.

The network performed effectively during decongestion processing up to 65,000 transactions per minute at its peak. However, there have been some significant lessons learned here, and still remain some challenges to address with introducing slashing for underperforming validators, and continuing to upgrade the validator network with the best hardware and routes of communication. In part the solution is already integrated into our network's architecture, but there will be further upgrades and we are already significantly better positioned to handle similar scenarios in the future.

Throughout this event, a significant milestone for the blockchain was realized - 200 million transactions have successfully been processed.

Our heartfelt gratitude goes out to our community for your patience and support during this time. We extend special thanks to all the validators as well as Tonano, Fragment, @Wallet, Tonkeeper, TON API, dTON, re:doubt and Orbs teams for their exceptional efforts and collaboration, which were instrumental in stabilizing the network, and communicating the status to TON Community.

As we move forward and services resume, we anticipate a smooth transition, although minor delays might occur as teams resume full services. We've set up a direct contact form for those who need personalized assistance. Your trust and cooperation have been invaluable, and we remain dedicated to continually enhancing the TON experience. Thank you for being with us on this journey.