ondo

A New Framework For Identifying Moats In Crypto Markets 

While we have numerous precedents and heuristics for understanding moats in traditional markets, we lack equivalent frameworks that account for these structural differences. 

> This piece aims to bridge this gap by getting to the root of what constitutes a sustainable moat, and downstream of this, identify the handful of apps positioned to sustainably capture value

Up until 2022, TON continued development with initiatives like a username marketplace called Fragment. However, it was largely fading from public consciousness, viewed as a relic of the past. TON's resurgence was declared at a Token2049 session in 2023, where it announced a partnership with Telegram. They unveiled an in-app wallet called Wallet and TON Space, a non-custodial wallet, expressing their intention to focus on users and applications rather than technology and narratives.