How does the TON foundation generate income?

Answered

Is there anywhere that I can read about how many tokens were allocated to the TON foundation or similar entities in the initial release? Does the TON foundation only make money from transaction fees? Is there even a page about the tokenomics of the toncoin?

  				
				1

				1
Posted 
	one year ago

								Edited 
	one year ago

					More
				  		
  Report
		
					hadrian
				
					5
					 × 2

Revisions

Votes Newest

Answers 2

Thats very helpful Howard! In case anyone is asking, although it was pow, members of the TON foundation could likely be miners that got on early, so that's why i asked the question in the first place.

  				
Posted 
	one year ago

					More
				  		
  Report
		
					hadrian
				
					5
					 × 2

Good question. As a community contributor, I share this concern. The information I can provide is sourced from tonscan.org.

TonFoundation Address (approx. $62M): https://tonscan.org/address/EQCD39VS5jcptHL8vMjEXrzGaRcCVYto7HUn4bpAOg8xqB2N
TON DNS Address (approx. $7.6M): https://tonscan.org/address/EQC3dNlesgVD8YbAazcauIrXBPfiVhMMr5YYk2in0Mtsz0Bz
TON Ecosystem reserve (approx. $947M): https://tonscan.org/address/EQAhE3sLxHZpsyZ_HecMuwzvXHKLjYx4kEUehhOy2JmCcHCT#transactions

I would say that the Ton Foundation manages assets worth more than 1 billion dollars.

  				
				2

				2
Posted 
	one year ago

								Edited 
	one year ago

					More
				  		
  Report
		
					Howard
				
					697
					 × 6

Revisions

Write your answer

17K Views

2 Answers

one year ago