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What is TON?
The Open Network (TON) is a smart contract platform for decentralized applications (a blockchain). The Open Network was founded by Telegram and launched in 2019.How does TON work?
Validators process transactions and receive fees from users (supply-side fees).Who governs TON?
TON holders own and govern the protocol. They currently take (burn) a cut of the total transaction fees paid by users (revenue). The Open Network's investors include KuCoin Ventures, MEXC Ventures, DWF Labs, etc.The values in this graphic are examples and do not reflect actual values. Treat them as approximations.