Gate.io Founder and CEO Lin Han: Focusing on the Future Development and Challenges of the TON Ecosystem

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September 19, 2024
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Gateway to TON Ecosystem: Gate.io CEO Highlights Opportunities and Challenges

At the GameOnTON global gaming hackathon opening ceremony held in Singapore on September 19th, Han Lin, founder and CEO of Gate.io, presented a detailed analysis of the TON ecosystem during his keynote titled "Gateway to TON Ecosystem." The event was hosted by AEON, a modular payment protocol, along with the TON Foundation, Nomad Capital, and TOP.

Han Lin emphasized the significant potential of the TON ecosystem, highlighting that Telegram is projected to have 1.5 billion users by 2028. The TON Foundation aims for 500 million monthly active TON users within five years. Gaming is identified as the leading sector within the TON ecosystem, holding the highest potential for user growth.

Despite the steady increase in active TON addresses, Han Lin acknowledged that TVL and DEX trading volume remain relatively low, and the developer community is currently undersized. He outlined three key pain points facing the TON ecosystem:

  • High token distribution and transfer fees:
  • High transaction fees:
  • Limited cross-chain stablecoin trading:

To address these challenges, Gate.io has introduced pre-market and pre-mint functionalities, alongside high-performance spot trading and cross-chain stablecoin transfer solutions.

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