TON Foundation Takes Root in Switzerland, Ushering in Crypto’s Non-Profit Era

Key Points:

• The TON Foundation, a Swiss non-profit, aims to support the TON ecosystem.
• The foundation promises a detailed transparency report on Toncoin’s token economy and token distribution history, providing information on issuance, allocation, development, incentives, and usage.
• The foundation’s efforts to educate, empower, and expand the ecosystem can be tracked through its publicly available roadmap by Q4 of 2023.

The TON Foundation, a non-profit organization, has been established in Switzerland with a mission to support the TON ecosystem.

The foundation has promised to provide a comprehensive transparency report that outlines Toncoin’s token economy and token distribution history. The report will include information on token issuance, partner allocation, development, incentives, and community usage for operating expenses and ecosystem growth.

The foundation recognizes the importance of Swiss regulatory clarity to the planning, strategy, and execution of its long-term mission. The TON Foundation aims to educate the public, empower development, and expand the ecosystem across the world. Its roadmap, which will be publicly available on the newly launched www.ton.foundation website, will guide its efforts towards achieving its goals.

The TON Foundation’s transparency reports will provide valuable information to its stakeholders, including investors, partners, and the wider community. By providing detailed information on token distribution and usage, the foundation hopes to build trust and confidence in the TON ecosystem.

The foundation’s commitment to transparency and regulatory compliance is a positive step towards building a sustainable and thriving ecosystem. The TON Foundation’s efforts will be closely watched by the crypto community, and its success could have a significant impact on the future of the blockchain industry.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.