Developers of the Open Network (TON) ecosystem have set aside $5 million worth of Toncoin tokens to incentivize users to verify their identity using state-of-the-art palm scanning technology.
TON Society, a community of developers and contributors working on the TON ecosystem, will distribute 1 million Toncoin to users who take part in the voluntary proof-of-personhood program. The project aims to enable digital identity verification for Telegram users in the next five years.
To achieve this, the project utilizes HumanCode’s technology, which allows users to verify their human identity on the blockchain. The application, available on Google Play and Apple Store, enables users to scan their palms on their smartphones.
According to information shared with Cointelegraph, the technology ensures privacy protection and is compatible with various mobile devices, regardless of the hardware.
Ekin Tuna, the growth director of TON Foundation, stated that supporting proof-of-personhood protocols like HumanCode is a significant step towards establishing a practical reputation system with real-life applications for TON’s ecosystem.
Users who complete a palm scan and prove their personhood will receive HumanCode incentives as TON Society members. Membership to the Ton Society is open to the public and can be obtained by connecting a TON wallet to the community organization.
In March, the TON Foundation allocated 30 million Toncoin, equivalent to around $115 million, for various community rewards to drive adoption.
The incentives are divided into four categories: $38 million worth of TON will be allocated for token mining and user incentives, $22 million for airdrops, $15 million for the League developer ecosystem, and $40 million for liquidity pool boosts.
The Telegram Ad Platform, which operates on the TON blockchain, was officially launched in March 2024. This platform allows Telegram channel owners worldwide to receive financial rewards by exclusively selling advertising space and sharing revenue with channel owners in TON.
Please note that this is an ongoing story, and more information will be provided as it becomes available.