What Can You Do with Toncoin ($TON)? Real Utility Use Cases

In the world of blockchains, utility tokens are much more than just currency. They are the key to accessing a myriad of services and features within decentralized ecosystems. One such example is Toncoin, the main token of The Open Network (TON). As the popularity of the blockchain continues to grow, so do the token's possibilities. In a previous article, “Mining TON and Other Ways to Engage with It,” we explored various use cases for this token. Today, Toncoin offers users even more opportunities for active utilization. In this article, we will break down the utility use cases of Toncoin.

Phone Numbers

Imagine that your phone number is not just a string of digits but a fully-fledged digital asset. In TON, this has become a reality thanks to the Fragment platform. Forget the old world where phone numbers were controlled by telecom operators. In TON, it's different. Here, buying a number means it is yours - fully and forever, protected by the blockchain and managed by you.

You not only gain a higher level of security but also new opportunities: you can rent, sell, or use the number in various services. Most importantly, this digital asset is protected by cryptography, making hacking or data breaches impossible.

Toncoin becomes a universal tool for purchasing such numbers, turning them into a handy communication asset that can also be monetized.

Usernames

Phone numbers are great, but what about a unique username that belongs to you only? The Fragment platform allows users to buy, sell, and trade unique collectible usernames for Telegram. These names aren’t just aesthetically pleasing; they are digital assets secured by the TON blockchain. Anyone can buy or sell a username through an auction, with the funds automatically transferred to your TON wallet.

TON’s blockchain technology makes this process completely transparent. Smart contracts handle the entire registration process, meaning no intermediaries and no risk of interference. Your username is not just a decoration; it’s an asset that can be used in a variety of decentralized applications. It’s the key to personalizing your presence in the digital world.

You can claim a short or easily memorable username that sets you apart from others and use it to conduct business or promote personal projects. And yes, all of this is possible using Toncoin.

Decentralized Domains: Create Your Address on the Blockchain

Forget long and complex crypto addresses - TON DNS allows you to register a short and easily memorable domain in the .ton zone, which becomes your unique digital name. Now, sending Toncoin or integrating a smart contract is as simple as sharing a website link. Register a domain and use it instead of a standard address, and voilà - you’ve reached a new level of blockchain interaction.

Each .ton domain is an NFT. It belongs only to you and can be sold, gifted, or traded like any other digital asset.

Domain registration happens through an auction, with bids placed in Toncoin. If you don’t renew your domain in time, it will return to auction for someone else to claim. This is your unique address in the decentralized internet, simplifying your cryptocurrency experience while also providing an opportunity to profit from digital assets.

Stars

In June 2024, Telegram introduced Telegram Stars - an internal currency that unlocks new possibilities for purchases and earnings. Users can now easily buy digital goods and services, whether it's books, online courses, or in-game items in their favorite bots and mini-apps. Stars have become essential for developers to comply with Apple and Google rules, avoiding blocks and penalties.

You can purchase Stars not only through the App Store and Google Play but also via Premium Bot or the Fragment platform, where they can be bought with Toncoin. This is not only more convenient but also allows users to bypass app store fees. Developers can convert earned Stars into Toncoin, use them to promote their apps within Telegram, or exchange them for other cryptocurrencies. Telegram also offers ad subsidies paid in Stars, making promotion more accessible and profitable.

P2P: Simple Deals with Toncoin via Telegram

With Toncoin, P2P transactions are more convenient than ever. For example, using @wallet or Crypto Bot on Telegram, you can instantly exchange Toncoin directly, without intermediaries. All it takes is launching the bot, selecting the amount, and confirming the transaction. Fast, simple, and with no extra fees.

Telegram makes the whole process as user-friendly as possible: you have full control over your transactions without needing to navigate complex interfaces or third parties. This solution is perfect for those who value security and transparency in cryptocurrency transactions.

Moreover, you are not limited to using Toncoin within the TON ecosystem. Thanks to cross-chain bridges like TON Bridge, you can freely interact with other blockchains. This opens up opportunities for more efficient asset management across different networks, offering flexibility and access to multiple blockchain ecosystems.

Advertising Opportunities: A New Era of Digital Marketing

Telegram has evolved from a simple messenger into a true business tool thanks to its advertising platform. Through the Telegram Ads Platform, advertisers can easily launch campaigns on popular Telegram channels, paying in Toncoin. The platform supports ad account top-ups through Fragment, allowing users to transfer their Toncoin to an ad account and instantly launch campaigns. This process makes advertising quick, convenient, and globally accessible. Once again, we see that $TON is not just a cryptocurrency but also a tool for promoting and monetizing content.

But Telegram Ads is not the only opportunity. Platforms like Telega.io and Adsgram enable ad campaigns with Toncoin across thousands of channels, bots, and mini-apps.

Telegram and Toncoin are the perfect pair for reaching millions of users. You get:

• Global reach - without restrictions by country or banks.
• The ability to track and improve your campaigns in real-time.

NFTs: Unique Digital Assets in the TON Ecosystem

NFTs aren’t just digital pictures. They are unique assets that can be collected, sold, or even traded for real money.

Getgems is one of the main platforms for creating and trading NFTs within the TON network. It’s simple: connect your wallet, choose an NFT you like, and it instantly becomes part of your collection. You can not only buy but also mint your own NFTs, creating digital art or collectible items that someone will want to acquire.

TON Diamonds is not just a marketplace - it’s an auction house on the TON blockchain where renowned digital artists publish their unique works in NFT format. Each piece undergoes strict vetting, so there are no random collections here - only high-quality, highly rated masterpieces.

Owners of NFTs on TON Diamonds receive many privileges: trading NFTs with up to 0% commission, early access to new projects, and participation in closed communities. In essence, it’s an elite club where every NFT owner has special status and access to exclusives unavailable to others.

Creating Your Own Tokens

Minting tokens on the TON blockchain is a simple and efficient way to create your own token. TON offers high transaction speeds, up to 100,000 transactions per second, along with low fees, making token creation both affordable and economical. Add to this the scalability through sharding and the ability to integrate with Telegram's vast audience of over 900 million users per month.

With DYOR Minter, this process has become even more streamlined and convenient. You can mint tokens without any hassle: upload images directly to the site, add links to official token resources, and, most importantly, manage them with ease. Once the token is created, it immediately appears on DYOR.io, and all operations, including adding or burning tokens, can be done directly on the platform. And for maximum transparency, you can burn administrative rights at any time to assure users of the security and immutability of the token's operation.

DYOR Coin

If Toncoin is the pulse of the entire TON ecosystem, then DYOR Coin is the brain of the DYOR.io platform, the largest analytical resource on the TON blockchain. It’s simple: want to understand the crypto market better? DYOR Coin is your gateway to a world of data and analytics.

This token grants access to powerful tools: you can vote on token promotions, participate in rankings, and become part of a community that not only monitors the crypto market but actively shapes it.

Conclusion

The use of Toncoin within the TON ecosystem covers an enormous range of scenarios - from purchasing domains and phone numbers to P2P trading and NFT creation. Toncoin is not just a medium of exchange; it’s a versatile tool for accessing decentralized services and products.

The TON ecosystem continues to grow, and with each passing day, new ways to use Toncoin in real-life situations emerge. Utility tokens are becoming the foundation of the decentralized economy, unlocking more opportunities for users to interact with digital assets and services.