GraFun Expands to TON Network to Enable Memecoin Creation Right in Telegram

6 months ago

Memecoin issuance level GraFun is expanding contiguous to the TON Network, the 3rd blockchain aft Ethereum and BNB Chain, successful a bid to seizure newer audiences.

Expanding to TON could assistance GraFun seizure newer audiences, pat into higher liquidity for meme issuances and summation the platform’s visibility among crypto traders.

“Creating and trading memecoins straight wrong Telegram, 1 of the astir fashionable messaging apps successful the world, is astir here,” a GraFun developer told CoinDesk implicit Telegram message. “After launching 14k memecoins and generating much than $450M successful trading measurement connected BNB Chain, GraFun is present making memecoin instauration elemental and accelerated wrong Telegram.”

TON holds implicit $350 cardinal worthy of idiosyncratic assets crossed assorted platforms based connected the blockchain, data shows.

A root adjacent to the squad shared plans for a GraFun token successful the aboriginal based connected idiosyncratic enactment successful a connection to CoinDesk, though GraFun developers neither confirmed nor denied plans.

GraFun uniquely offers a “Fair Curve” exemplary that developers accidental minimizes rug-pull risks, reduces terms manipulation and ensures fairer token issuances that effect successful less users losing money. Memecoin behemoth Floki owns implicit 40% of GraFun, and different backers see DWF Labs.

The astir fashionable examples of memecoin launchpads that usage a “Fair Curve” exemplary are Pump connected Solana - which pioneered specified a exemplary - and Tron’s Sun Pump.

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