The Free TON community declares achieving sufficient decentralization and mainnet status as a consequence on December 22, 2020.
One of the Most Decentralized PoS Networks in the World
Free TON was launched May 7, 2020 as a true community-driven, decentralized blockchain network.
No ICO. No entity. No funding. No token sale. TON Crystals are distributed on the basis of merit. Bring something, get something.
Tangible contributions to the network via contests or collaboration proposals, coupled with diverse use cases, are used as token dissemination triggers. To date, over 100 contests have been realized and more than 20 collaboration proposals have been approved, which together are helping to drive adoption of Free TON.
Consecutive validator contests were held over the course of 4 weeks in Q3, 2020, with the goal of isolating the most capable validators from around the world on the basis of performance-under-pressure. In the end, Free TON ended up with just over 400 validators to make the network…