The power of blockchain lies in community

Greetings! As one of the key ecosystem players, we are pleased to support the TON Believers Fund community initiative.

In essence, TON Believers Fund’s goal is to revitalize TON tokenomics, making the ecosystem more appealing for users, investors, and builders. This involves big holders and early miners with a desire to improve the transparency of TON tokenomics committing to a 2-year lock-up, followed by a 3-year gradual vesting period.

Another way to take part in TON Believers Fund is by contributing rewards to incentivize those locking up their funds. These donations will be distributed at the end of the lock-up period among participants who chose to lock their funds.

At First Stage Labs, we’ve chosen to back this initiative by donating 50,000 Toncoin to the reward pool. While not a large amount, we believe this gesture will help motivate holders to engage in TON Believers Fund for the good of the network. We’re particularly excited about this initiative because it embodies blockchain’s true function — ensuring agreement compliance, fostering cooperation, and addressing Game Theory challenges where noncooperation diminishes rewards for both parties.

Blockchain’s power lies in transparency and openness. Smart contracts enable parties to follow through on agreements. We hope that our example will inspire collaboration and demonstrate our commitment to the long-term success of the ecosystem.