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LUCKNOW (CoinChapter.com) – HOT Wallet, a non-custodial multi-chain wallet integrated with Telegram, has announced a partnership with the TON Blockchain. This partnership aims to improve the wallet’s features and bring millions of new users into the TON ecosystem.
HOT Wallet has upgraded its core functionalities as part of this new partnership with TON. These upgrades enhance the wallet’s efficiency for cryptocurrency transactions and digital asset management. The developers have integrated the wallet with the STON.fi platform, which allows users to swap tokens directly within the wallet. Token swaps provide users with the convenience of exchanging one cryptocurrency for another without relying on centralized exchanges.
The integration with TON Connect allows users to access decentralized applications (dApps) available on the TON network. This feature connects users with a range of decentralized finance (DeFi) tools and services.
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HOT Wallet Adds NFT Support on TON Blockchain
HOT Wallet now supports Non-Fungible Tokens (NFTs) on the TON Blockchain in partnership with GetGems. This support allows users to manage and trade digital assets like NFTs directly within the wallet.
Notably, to educate its users, HOT Wallet has launched on-chain missions. Specifically, these missions aim to provide users with practical knowledge about blockchain technology and how to navigate the TON ecosystem. The educational content focuses on enhancing user understanding and engagement within the network.
Future Updates Include TON Staking and Cross-Chain Asset Transfers
Moreover, HOT Wallet has outlined future plans to further integrate with the TON Blockchain. Additionally, the wallet will soon support staking of TON tokens through a collaboration with Tonstakers. Staking allows users to participate in network validation and earn rewards, which could attract more users who seek passive income opportunities within the blockchain ecosystem.
The developers also plan to enable the swapping of Stars for TON tokens and vice versa. This feature will add more flexibility for users managing different types of digital assets. Additionally, HOT Wallet is working on developing a cross-chain bridge that will allow the transfer of assets between the TON Blockchain and other networks.
HOT Wallet has also announced its plans to develop and integrate new decentralized applications (dApps) on the TON network. dApps operate without centralized intermediaries and provide various services, ranging from finance to social networking. The development of these applications could attract more developers and users to the TON ecosystem.