We are thrilled to announce that Onmeta has gone live with the TON Blockchain through Telegram wallet! This significant milestone allows users to buy tokens on the Telegram wallet exclusively through UPI and other payment methods like IMPS & NEFT. Our integration with Telegram wallet aims to make the process of buying and selling cryptocurrencies more accessible and convenient for our users in India. Join us in this exciting journey as we continue to innovate and expand our services to meet your needs.
Why TON Blockchain?
In the vast and dynamic world of blockchain technology, TON Blockchain stands out as one of the fastest and most scalable blockchains in existence. Originally conceived by the creators of Telegram, TON (The Open Network) has evolved into an independent and vibrant ecosystem with unique features and capabilities. Here's why TON is a game-changer:
Scalability and Speed: TON is designed to be incredibly fast and scalable. It uses a unique sharding technology that allows the network to split into smaller, manageable parts called shards. Each shard can process transactions independently, resulting in near-instant transaction times and the ability to handle millions of transactions per second.
User-Friendly:One of TON's standout features is its focus on usability. Unlike many blockchain platforms that require technical know-how, TON aims to provide an intuitive experience for both developers and users. This is achieved through user-friendly interfaces and tools that simplify the process of creating and using decentralized applications (dApps).
Security: TON employs robust security measures, including advanced cryptographic techniques and a Byzantine Fault Tolerant (BFT) consensus mechanism. This ensures that the network remains secure and resilient against attacks.
Smart Contracts and Decentralized Applications: TON supports smart contracts, allowing developers to build a wide range of decentralized applications. From financial services to gaming, the possibilities are vast and varied.
Telegram Wallet Integration
One of the most exciting features of the TON ecosystem is its seamless integration with the Telegram Wallet. The Telegram Wallet allows users to store, send, and receive tokens directly within the Telegram app, making cryptocurrency transactions as easy as sending a message. Adding to this, now users in India can buy tokens exclusively via UPI through Onmeta. Here's how it works:
Ease of Use: With the Telegram Wallet, you can manage your tokens directly within the Telegram app, eliminating the need for separate wallet applications.
Instant Transactions: Buy, Send and receive tokens instantly to your contacts on Telegram.
Security: The wallet employs advanced encryption methods to ensure the safety of your funds.
Accessibility: Available to all Telegram users, providing a vast potential user base for TON.
The Telegram Wallet enhances the TON Blockchain's usability, making it more accessible to everyday users and facilitating broader adoption.
The Power of the Community
The heart of Telegram wallet’s success lies in its vibrant and dedicated community. When Telegram had to step back from the project, it was the community that kept the vision alive. Developers, enthusiasts, and supporters rallied together, contributing their time, skills, and resources to ensure TON's continuity and growth.
Shared Vision for Mass Adoption
Telegram wallet and Onmeta share a common goal of making cryptocurrency transactions and investments more accessible to telegram users, especially in rapidly growing markets like India. Both companies are committed to complying with local laws and regulations in all their operating geographies. Onmeta, as a responsible and compliant local partner for India, is registered with the Financial Intelligence Unit (FIU) as a reporting entity and ensures KYC, AML, and taxation compliance as per applicable regulations in India.
About Onmeta
Founded in April 2022, Onmeta provides enterprise on-ramp and off-ramp solutions (API/widget integration) for India and the Philippines, helping web3 companies enhance their user experience for buying and selling cryptocurrencies. By supporting local payment methods like UPI and bank transfers in India, and GCash and GrabPay in the Philippines, Onmeta facilitates seamless transactions. The platform supports over 7000 tokens across blockchains, including Ethereum, Polygon, Solana, BSC, Arbitrum, TON and more, with instant payment processing in 60 seconds. Onmeta has raised USD 1.5M in equity funding from Skycatcher Fund, GSF Fund, and Luno Expeditions. Among its 100+ clients are notable names like Bitget Wallet, Ledger Wallet, Ronin Wallet, and Jupiter Exchange.
About Telegram Wallet
The Telegram Wallet is seamlessly integrated into the Telegram messaging app, allowing users to manage tokens directly within the app. It offers ease of use, instant transactions, and advanced security with end-to-end encryption. Users can send and receive tokens as easily as sending a message, with wide accessibility to all Telegram users. The integration with Onmeta's compliant on/off ramp solution enhances Telegram Wallet's offerings, providing users in India with more convenient and exclusive localized payment options like UPI .