Hello everyone, Kate from Lumi Wallet with you again. Today I want to tell you about the new currency that you have been waiting for – Free TON. Free TON is a blockchain platform and cryptocurrency based on the TON protocol created by Nikolai and Pavel Durov and the Telegram team in 2017. TON Labs co-founder Alexander Filatov and three of his partners worked closely with Telegram developers but when the American regulator SEC stopped the Durovs project, TON Labs teamed up with other developers. Then, based on the open-source TON, launched the Free TON blockchain platform with TON Crystal tokens in 2020. 

Among the features of the platform, developers highlight

1. Easy entry threshold for developers to the platform (you do not need specific knowledge of cryptography and development). 

2. Free TON is, by far, the fastest blockchain platform in the world (more precisely, the platform with the highest bandwidth).

3. TON Crystal tokens, in contrast to Bitcoin, are distributed based on contribution to the ecosystem to the winners and awardees of open contests; this is due to the principle of meritocracy to which the Free TON community adheres. Currency cannot be mined. It is based on Proof of Stake.

4. Free TON includes all the main features of the Telegram Open Network: smart contracts on a new virtual machine, distributed file storage, and so on. Free TON has also added new tools for blockchain service developers (TON OS).

5. In the future, the platform will stake currencies and DeFi may appear on it.

6. Free TON also has a friendly and close-knit community that is actively involved in the development of the platform. For the Free TON community, there is a separate messenger that runs on the blockchain. The LUMI contract is also compatible with this messenger.

Lumi’s team is always on the lookout for the top destinations in the crypto world. So we actively research the market and analyze the requests of our users. That is the reason we are excited to announce the integration of Free TON into our wallet!

But wait, there’s more. Of course, our developers have done all they can to make it as easy as possible to get acquainted with the new currency, but for your convenience in adding Free TON to your wallet, we have prepared instructions!

Free TON is available in the LUMI for Android

1. Open the Lumi Wallet app

2. Find the “wallets” list

3. Click “add wallets”

4. Search TON Crystal

5. Click on the toggle switch opposite the TON

Now you can receive TON Crystal coins. 

You also need to activate your TON Crystal wallet in the blockchain.

Without activation, it won’t allow you to send or exchange coins. It’s like a transaction with the fee for registration. It requires 0,1 TON Crystal,  after this your TON Crystal wallet contract will be activated and you will be able to exchange and send it.

Free TON is available in the LUMI for Android

1. Open the Lumi Wallet app

2. Tap the “exchange” button at the top of the screen

3. In the first line, select the currency you are exchanging, in the second line, look for TON Crystal. When you are sure that everything is filled out correctly, click the “EXCHANGE” button.

Free TON is available in the LUMI for Android

1. Open the Lumi Wallet app

2. Tap the “send” button at the top of the screen

3. In the first line, enter the address to which you will send the TON Crystal. In the second line, enter the amount you want to send.
Make sure that you have entered the recipient’s address correctly. This is really important!

4. When you are sure that everything is filled out correctly, click the “Next” button.

In conclusion, we want to welcome the new currency to our wallet and we look forward to your continued support on our social networks! We wish you fast and incredible growth. We will develop together!

Stay safe and follow Lumi Wallet on Twitter, Telegram, Facebook, TikTok, or Reddit for more crypto knowledge and news. You can also connect with us on LinkedIn.