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Morgenstern – a well-known rapper from Russia – has turned into the ambassador of TON. He additionally purchased nearly $130K in TONCOIN. The rapper is also a YouTuber who has become a part of TON (The Open Network) being its ambassador for the platform’s blockchain project.

Morgenstern sings regarding TON

As per the latest report published by the native news outlet, the significantly admired Russian rapper sang and released his unique song, related to the TON project as well as the local cryptocurrency thereof named Toincoin. After the release of the song, the rapper also disclosed that the worth of more than 10M rubles (or $130,000) in cryptocurrency has been purchased by him. The respective track was streamed thousands of times just in two hours after its release over Spotify, alluring several native news media.

The respective rapper additionally discussed the TON project, the metaverse, NFTs, as well as the crypto world with his Instagram followers (counting up to more than 7.9M) as well as the subscribers on his Rusian Telegram channel (numbering nearly 850,000). He added that the upcoming time would be dominated by crypto space.

In addition to this, Morgenstern initiated a Telegram channel with a paid subscription that could only be done through the utilization of Toncoin, having been developed in association with Donate (an official partner of TON as well as a provider of valid payment services).

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The US Securities Department chases TON

Formerly, the name of the TON project was Telegram Open Network. Its construction was carried out on the behalf of telegram group, with assistance provided by Pavel Durov (the founder of the instant messaging platform which is cloud-based).

Nevertheless, in 2020 May, the respective project was halted, and Telegram pulled back from it after a lawsuit filed by the US SEC (Securities and Exchange Commission). Many autonomous DLT development groups consistently operated over the project, and shortly the TON blockchain was back to life with the name Toncoin and it worked independently onwards.

On sharing the news of the project, Pavel Durov (the founder of Telegram) expressed that he would support the project as well as the developers thereof. He added that he was hopeful at the time of the termination of the project that the developers would carry it on one day and turn it into a remarkable blockchain venue.

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Nathan Ferguson

By Nathan Ferguson

Nathan Ferguson is a talented crypto analyst and writer at Herald Sheets, dedicated to delivering comprehensive news and insights on the ever-evolving digital currency landscape. With a strong background in finance and technology, Nathan's expertise shines through in his well-researched articles and thought-provoking analysis. He holds a degree in Economics from the University of Chicago, and his passion for cryptocurrency drives him to stay up-to-date with the latest industry trends and developments.