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💀 TON cemetery
⚫️ The SettleTON project is closing, and this news looks like part of a trend: it is just one of a number of TON projects that have failed to become profitable. Of course, many projects close in any blockchain, but in TON, this now looks like a systematic phenomenon, rather than isolated failures.
⚫️ We already wrote about closures in June, when they concerned projects like Aqua Protocol and ParraTON. And even then, we asked: "How much longer can TON exist without mass adoption before projects start closing down massively?"
⚫️ Since then, a mass collapse has not yet occurred, but new closures have happened regularly: from GemsWall to NEWTON Fund. Somewhere they happen quietly, and the fate of the project is difficult to understand from the outside, somewhere – with public announcements.
⚫️ And all the messages sound similar: "We are sorry to close the project, we tried to come up with something and steer it. But it remains unprofitable, there are no prospects, and we do not see the point in losing more money." In each individual case, one might think that the founders did not try hard enough. But together, they lead to the conclusion that "it is difficult to become profitable in a blockchain where there are few people and little liquidity."
⚫️ Can anything uplifting be said when the "cemetery" is expanding? Perhaps this: for now, the closures do not affect the main TON projects. Mostly lesser-known ones are closing, without which the ecosystem can continue to function, and not those without which it would lose its core features (exchanging tokens, trading NFTs and so on).
💡 But this is an alarming signal that says: now changes are simply necessary. Otherwise, TON will not just "not achieve mass adoption," but will lose the achievements already made, and will be a "naked" blockchain without an ecosystem, as it was at the very beginning.
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TON's eternal pain. While the world moves towards synthetic markets and "perpetual futures for everything," there is only one Perp DEX in the ecosystem. Its volumes are incomparable to leaders in other networks, which calls into question TON's readiness for the next stage of DeFi.
Here, TON has a chance: the number of DEXes is growing, and DeDust recently released the first native on-chain terminal. However, without professional tools for traders and advanced analytics, the ecosystem risks remaining at the "beginner" level.
The main challenge for TON. The trend is shifting towards composite markets, while in TON we see the opposite: fragmented liquidity pools and a lack of complex credit products. It is enough to recall yesterday's post about closed projects — the picture becomes alarming.
An unexpected opportunity. TON, with its integration into Telegram, could become a platform for monetizing AI agents. And here, Pavel Durov's announcement of Cocoon is very timely — possibly the first step towards creating decentralized computing networks.
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Currently, 30 workers are active on the network and 12 clients are registered.
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Cocoon connects different sides:
GPU owners willing to provide their computing power for money. A simple home graphics card won't do; we're talking about GPUs like NVIDIA H100, designed for running AI models. The models themselves are publicly available, like Qwen from Alibaba; Telegram doesn't have its own model yet.
Application creators willing to pay for using AI models on GPUs. The main such client is Telegram itself, which wants to provide users with AI functions. It is assumed that other developers will connect later, but not everything is implemented for this yet.
"Dispatcher" programs that automatically select a suitable worker for a client, receiving a commission. For now, all proxies have been launched by Telegram itself, but it is stated that others will be able to do this in the future.
The main contract that controls configuration like "which models are supported." Currently, Telegram manages it, but it is promised that DAO will do so in the future.
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1. New CPMM v2 pools on DeDust — allow earning LP rewards even with locked liquidity.
2. Commissions from trading on the Uranus memepad — you launch a memecoin with a commission (e.g., 1-5%) and receive a percentage from all transactions both at the bonding curve stage and after migration to DEX.
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1. In recent years, all the AI hype has been around LLMs — "large language models" for generating text, code, and so on. But while such models are actively developing, experts are increasingly saying that this approach "will hit a ceiling." And for further development, simply "boosting LLMs" won't be enough; it will require exploring other approaches to AI. This means doing exactly what (according to Pavel) Nikolai has already started.
2. Work on many AI models can be divided into two stages: first, a new model is created by "training" it on existing data, and then the resulting model is used to answer user queries. Both stages require computational power. Cocoon currently offers power for the second stage: "Let's take ready-made models and run them decentrally." But hypothetically, its capacities could also be used to create small experimental models, exploring different approaches.
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I don't understand, is TON not crypto?
I don't understand, why is Toncoin also on the Crypto tab?
I don't understand, why is USDT on both tabs?
I don't understand, which one should I use?
Answers are not quickly found. And then it's easiest for Joe to close his wallet and continue using fiat. And how can we then expect an influx of mass users?
1. Create an official Telegram bot "TON for Newcomers," where a small gamified course answers the main initial questions. Give some nice achievement for completing it. And link to it in all official resources, saying "start here." So that there's a link in the center of the main page of ton.org.
2. Create an official Telegram bot "TON GPT," capable of answering newcomers' questions using AI. "Vasya" understands the format "when in doubt, ask ChatGPT." And Telegram as a messenger is ideally suited for this format.
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1. Launchpad Telegram channels
Automatic notifications about newly created tokens from platforms:
• Uranus
• Blum + TonFun
• Stonks
2. An alternative option — the Launches tab in x1000.
Here, the terminal acts as a sort of aggregator for several launchpads at once: Uranus, Blum, and memepads based on TonFun. Everything is in one place, and the configured Quick Buy mode allows you to instantly buy a token, further increasing your advantage over other traders. This page is divided into 3 sections: New, Completing, and Completed, which helps not only to see new launches but also to monitor the dynamics of those already created.
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