GraFun Expands to TON Network to Enable Memecoin Creation Right in Telegram
Memecoin issuance platform GraFun is increasing right now to the TON Community, the third blockchain after Ethereum and BNB Chain, in a bid to seize newer audiences.
Increasing to TON may assist GraFun seize newer audiences, faucet into increased liquidity for meme issuances and enhance the platform’s visibility amongst crypto merchants.
“Creating and buying and selling memecoins straight inside Telegram, one of the common messaging apps on the planet, is sort of right here,” a GraFun developer informed CoinDesk over Telegram message. “After launching 14k memecoins and producing greater than $450M in buying and selling quantity on BNB Chain, GraFun is now making memecoin creation easy and quick inside Telegram.”
TON holds over $350 million value of consumer property throughout numerous platforms primarily based on the blockchain, knowledge exhibits.
A supply near the staff shared plans for a GraFun token sooner or later primarily based on consumer exercise in a message to CoinDesk, though GraFun builders neither confirmed nor denied plans.
GraFun uniquely gives a “Truthful Curve” mannequin that builders say minimizes rug-pull dangers, reduces worth manipulation and ensures fairer token issuances that lead to fewer customers shedding cash. Memecoin behemoth Floki owns over 40% of GraFun, and different backers embrace DWF Labs.
The preferred examples of memecoin launchpads that use a “Truthful Curve” mannequin are Pump on Solana – which pioneered such a mannequin – and Tron’s Solar Pump.
