📱 Some intro about TON Ventures and the investment opportunity for TON blockchain

1️⃣ Brief intro of @TON_Ventures

2️⃣ My investment thesis for furthermore ideas in different categories for #TON and @Telegram Ecosystem.

3️⃣ Share some facts about #Telegram and it's revenue data in 2024

https://x.com/0xHoward_Peng/status/1895494054257037756?s
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Just spent some hours making this video excerpt in English. Please like, comment, and retweet 🐸

Historical moment for @ton_blockchain 💎⭐️⚡️

https://x.com/0xhoward_peng/status/1902737749532393869

📱 Just reviewed the source code of @ethena_labs USDe on TonViewer.com; here's an initial analysis of the contract code:

1/ The code is essentially the same as USDT (#Tether) on #TON. It still allows for contract upgrades, admin changes, and the assignment of a new admin role.

2/ The main difference is that #USDe includes a feature to designate the "receiver" of the USDe. This is a minor update and optimization compared to USDT, similar to the OFT contract.

⭐️ My perspective -- overall, it seems like an extension based on USDT's code safety capabilities; successful cases could lead to more adoption at the blockchain level, attracting more clients to choose us!

Source Code:
https://github.com/howardpen9/usdt_example_ton_func
https://github.com/howardpen9/ethena_usde_example_func

*Note: Assets like USDe still have `"Status"` management, which means even if your funds are compromised, @ethena_labs can freeze your balance. Avoid engaging in malicious activities!

Though progress is slow, we are improving.

Let's make @TON_Blockchain great again! ⚡️

⭐️Payment and Stablecoins Must Be Considered Together — #Payment

As you all know, the primary goal of the TON Foundation this year is payments—which is why I wrote extensively about observing other chains and the broader role of stablecoins.

"If you work in the crypto or Web3 industry, we’re essentially just laboring for Tether’s USDT."

Or, taking a step back, everyone who transacts in US dollars is subject to its influence...

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Recently, I came across data on Gnosis Pay on Dune.com, which looked quite promising. It instantly reminded me of its unique chain feature: DAI is used natively for gas fees (i.e., a dollar-value asset). This makes it a *gas-less chain* compared to most EVM chains—similar to how Luna (UST) once allowed gas payments in stablecoins.

On the other hand, seeing their successful expansion in Latin America and Eastern Europe proves one thing: "There are still many underserved markets worldwide."

Just like how PDD (Pinduoduo) succeeded in a single market—China—I believe that even though each country’s regulations are fragmented and independent, if you truly think crypto technology can help more people break free from the traditional banking system, then every step we take is meaningful and impactful.

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🚀 The Role of Safe (Multi-Sig Wallets) in Payments

Finally, let’s consider another angle: Safe (multi-signature wallet infrastructure) could play a pivotal role in payments.

Beyond branding itself around "security" (despite the recent ByBit hack controversy), the deeper value lies in Pay-Fi—where payments intersect with savings, safety, and daily spending.

This is precisely why Gnosis Pay has strong product-market fit with Picnic(https://x.com/usePicnicBR), pushing crypto payment cards today. A seamless blend of custody, spending, and stablecoin utility could redefine mass adoption.

https://x.com/gnosispay
https://x.com/usePicnicBR

➡️ Just spent more time on data today: The Ethereum main-net gas fee has dropped to only 10% compared to the last cycle in the 2021 DeFi Summer.

I would say DeFi could possibly make a comeback, since:

1/ Lower gas fees mean reduced transaction costs for participating in DeFi activities, especially for small investors, significantly lowering the entry barrier.

2/ Lower gas fees encourage more frequent trading activities, such as adjusting positions in liquidity pools, conducting arbitrage, or participating in multiple protocols. These activities increase market liquidity and efficiency, potentially boosting yields.

3/ With reduced gas fees, users' net returns increase, making DeFi yields more attractive. For example, if the gas fee for a transaction drops from $50 to $0.09, the compression on participants' returns is significantly reduced.

4/ With higher "Real" income -- it push people more willing to re-invest in other DeFi projects. Which is great.

5/ People might not need non-EVM chains as much, since the current TVL (trust level) is still 90% primarily in ETH-related areas. This means #TON might face a more challenging environment to seek growth.