- Telegram’s decision to make TON its exclusive blockchain raises decentralization concerns.
- Developers criticize TON’s limited liquidity and its impact on native token launches.
- Critics say the strategy undermines Web3 principles and creates unnecessary barriers.
Telegram’s announcement on Jan. 21 to exclusively support The Open Network (TON) as its blockchain partner sent ripples across the Web3 community. The decision means TON will be the sole blockchain for its Mini App ecosystem, with Toncoin becoming the only token allowed for in-app purchases.
While the move solidifies TON’s role within Telegram’s ecosystem, it has drawn sharp criticism. Many argue this “TON-only” policy stifles competition and limits innovation in blockchain development. Developers now face a narrow playing field, where alternative blockchains are effectively sidelined.
Liquidity Issues and Developer Challenges
Critics are particularly concerned about TON’s limited liquidity, which complicates launching native tokens for games and apps. Ilya Abugov, director at Helika Ventures, pointed out the challenges developers face in trying to build on a network with low liquidity.
“Centralized exchanges aren’t showing much enthusiasm for TON projects,” Abugov noted, referencing Bybit’s partial delisting of Hamster Kombat (HMSTR) on Jan. 17 due to poor liquidity. To add to the uncertainty, Hamster Kombat recently announced plans to build its own blockchain, but Telegram’s new policy has thrown those plans into doubt.
Is TON Ready for the Pressure?
Another concern raised is whether TON is mature enough to handle the surge in user activity that comes with Telegram’s massive Web3 ecosystem. Abugov expressed worries about network stability, while Garrison Yang, co-founder of Mirai Labs, criticized the move as “shortsighted.”
“TON is behind Solana and Base in performance, and Telegram’s position could have allowed it to embrace blockchain diversity instead of forcing developers into its own infrastructure,” Yang said.
TON Foundation Defends the Move
The TON Foundation has responded to the backlash, emphasizing that TON remains decentralized and open. A spokesperson clarified that Telegram’s exclusivity does not restrict developers from building on other blockchains.
“Developers are free to choose platforms that best suit their needs,” they said. However, the foundation stressed that the partnership prioritizes user experience and interoperability for Telegram’s vast audience of 950 million users.
Despite these reassurances, critics remain skeptical. As Telegram doubles down on its TON-only approach, the Web3 community is left questioning whether the decision serves innovation—or limits it.
