Memecoin Issuance Platform GraFun Expands to TON Network
Memecoin issuance platform GraFun has announced its expansion to the TON Network, becoming the third blockchain it operates on after Ethereum and BNB Chain. This move aims to attract new audiences and tap into higher liquidity for meme issuances, ultimately increasing the platform’s visibility among crypto traders.
The decision to expand to TON is strategic, as it opens up opportunities to reach a broader user base and leverage the network’s existing ecosystem. By offering memecoin creation and trading directly within Telegram, one of the most popular messaging apps globally, GraFun is poised to simplify the process and make it more accessible to a wider audience.
A developer from GraFun shared, “After launching 14k memecoins and generating over $450M in trading volume on BNB Chain, GraFun is now bringing the same ease and speed of memecoin creation to Telegram.” This move aligns with the platform’s mission to democratize memecoin issuance and trading.
Currently, TON Network boasts over $350 million worth of user assets spread across various platforms built on its blockchain, showcasing its robust ecosystem and potential for growth.
While GraFun has not officially confirmed plans for a native token, sources close to the team hint at potential developments based on user activity. This signals a possible expansion of GraFun’s offerings in the future.
One of GraFun’s standout features is its “Fair Curve” model, designed to mitigate risks associated with rug-pulls, prevent price manipulation, and ensure fair token issuances that safeguard users from financial losses. With backing from memecoin giant Floki and other prominent supporters like DWF Labs, GraFun is well-positioned to establish itself as a trusted player in the meme coin space.
Notable examples of memecoin launchpads that employ a similar “Fair Curve” model include Pump on Solana and Tron’s Sun Pump, highlighting the growing trend towards more transparent and secure token issuances.