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Collaboration between Ramp and TON empowers Telegram's transformation into a groundbreaking 'Web3 super app'

Collaboration between Ramp and TON empowers Telegram’s transformation into a groundbreaking ‘Web3 super app’

Ton and Ramp Partner to Turn Telegram into a Web3 Super App

The Ramp Network (RAMP) has joined forces with The Open Network (TON) in an effort to transform Telegram into a “Web3 super app.” The collaboration aims to create an on-ramp that allows Telegram users to explore the world of Web3 directly through the messaging app. Users will be able to easily purchase Toncoin (TON) and other cryptocurrencies using various payment methods.

Ramp Network’s on-ramp solutions support popular payment options such as credit and debit cards, bank transfers, Apple Pay, Google Pay, and PIX, a widely used system in Brazil. The partnership will also benefit developers by integrating the on-ramp into their applications, giving them better access to Telegram’s 800 million daily active users.

TON and Ramp Express Optimism about the Partnership

Daniel Yang, Global Business Development Lead at TON Foundation, emphasized the importance of seamless onboarding and borderless payments to drive mass adoption of Web3 technology. He believes that the new on-ramp for TON’s ecosystem will expand the options available for users and enable them to experience the unique benefits of near-instantaneous, borderless transactions.

Szymon Sypniewicz, CEO at Ramp, expressed his excitement about the partnership and its potential to open up Web3 to hundreds of millions of Telegram users. By allowing users worldwide to purchase TON using their local currencies and preferred payment methods, they are working together to build a decentralized future for everyone.

TON’s Rapid Rise

The Open Network Foundation has been actively forming partnerships and achieving milestones since its establishment in Switzerland in September 2023. In November of the same year, TON became the world’s fastest blockchain. The project has been particularly focused on collaborating with social platforms, such as RepubliK, to create an innovative social media platform that facilitates the transition from Web2 to Web3.

Hot Take: Expanding Web3 Access through Telegram

By partnering with Ramp Network, TON aims to make Web3 accessible to Telegram’s massive user base. This collaboration will enable Telegram users to seamlessly explore and engage with the world of cryptocurrencies and decentralized finance. The integration of Ramp Network’s on-ramp solutions will provide users with a convenient way to purchase Toncoin and other digital assets using their preferred payment methods. With TON’s rapid rise and commitment to borderless transactions, this partnership marks an important step towards accelerating the adoption of Web3 technology among non-native users. It demonstrates the growing trend of integrating blockchain solutions into popular messaging apps and social platforms.

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Collaboration between Ramp and TON empowers Telegram's transformation into a groundbreaking 'Web3 super app'