The Open League
The Open League (TOL) — is a large-scale competitive program of TON community, aimed at attracting five million new active users to TON ecosystem within a year.
The idea for The Open League was born in the community, it was voiced by Jack Booth, Chief Marketing Officer of TON Foundation at The Gateway conference in the fall of 2023:
«It's the Premier League for Web3 projects, where TON is the country and Telegram is the stadium».
The initiative was supported by ~99.5% of voting community members.
The main focus is on attracting new users and supporting development teams launching their projects on TON or migrating from other blockchains.
Program Plan and Objectives
- Pilot Season started in January 2024 and was a run-in before the start of Season I. The goal is to attract 500,000 new users to TON ecosystem.
- Season I — April 2024. The goal is to attract 1,000,000 new users to the ecosystem.
- Season II is scheduled for September 2024. The goal is to attract 3,500,000 new users to TON.
Between Seasons, periods are set aside for analytics and coordinating the continued progress of the program, during which time additional initiatives within «The Open League» may also work.
Rewards structure
The Open League's innovative reward structure at Level 1 includes SoulBound (SBT), which are non-transferable tokens earned by completing various tasks.
At Level 2, the program should introduce XP (experience points) rewards that can be exchanged for Toncoin.
It was originally intended that XP would be raffled off in a weekly lottery, and SBTs would be used as lottery tickets for those drawings. However, details on XP distribution and other details are not yet available. It is expected that more details about future actions for the next one to two months will be known in April 2024. What is known is that the XP program is designed to last a year or more. Changes in terms and mechanics are possible, as they are still being fine-tuned and tested.
The Open League
The Pilot Season
The Pilot Season was announced to begin on January 29, 2024.
Users had to complete simple quests inside TON Community Bot about large-scale ecosystem products.
For each quest passed, the user received SBT to his wallet. And, having passed all quests, could brand the final SBT of the Pilot Season.
Pilot Season results
- DAU (active users per day by wallet): +350%
- Ecosystem token holders: +195%
- Number of daily traders on the blockchain: +710%
- Daily trading volume: +624%
- Liquidity Providers: +550%
- TVL Volume on decentralized exchanges: +244%
According to the results of the Pilot Season, users who completed all quests were rewarded with Junior Pilot SBT. In addition, an airdrop of 16,222 Toncoin was held among them and users who completed all quest tasks received 10 Toncoin to their wallets.
On TON Society website, you can see all users who have completed the quests, as well as the amount of SBT each has collected so far.
Liquidity Provider Incentive Program
For users
In March, a large-scale 1M TON liquidity provider incentive program was launched to increase TVL on the two major DEX ecosystems – STON.fi and Dedust.io. You can trade directly on exchanges or inside Telegram – in The Open League: Liquidity Pools mini app. Thanks to the program, APR of some liquidity pools reached +700%. For example:
The boots were valid until April 1.
For projects
The Open League featured competitions between projects in four categories:
- Tokens
- Apps
- DeFi
- Liquid Staking
The TOP voted projects shared the $560,000 prize pool.
Leaderboards for each category are available here.
Trading Tournament
The Open League Trading Tournament, a trading competition for Influencers aimed at promoting The Open League, started on March 19.
The task of Influencers who received 5,000 Toncoin at the beginning of the tournament is to increase their balance. The winner will be the participant with the highest Toncoin balance at the end of the competition.
- Prize pool of the competition between Influencer Teams: 85,000 Toncoin
- Prize fund of the competition between Team Owners: 30,000 Toncoin
Until March 25, any user who has at least 10 Toncoin on his balance can join the teams. In case his «squad» wins one of the prizes, he will also receive a part of the reward.
The contest runs until April 1, 2024.
The Open League. Season I
Dates of the Event: April 1 — May 1
Total Awards: $3,275,000 в TON
The competition was held in 5 categories: Tokens, Memcoins, DeFi, Apps and Staking. The main evaluation criteria were the number of holdings, TVL, activity on DEX and token distribution.
- Big League representatives: JVT, ANON, WEB3, REDO, @BTC25
- New Small League teams: DYOR, OPEN, BURN, DICK, CRYPTON and WALL.
- New teams in Battle of the Apps: Shardify, XPLUS, Checks Corp, Catizen and The Pixels.
DeFi
The 6 projects on the DeFi leaderboard — STON.Fi, DeDust, Storm Trade, EVAA, DAOLama and JVault shared the $875,000 prize pool.
Battle of the Apps
Season I awarded the TOP 10 projects from a pool of $875,000 distributed according to their results.
Staking
The Liquidity Providers in this category shared the $500,000 prize pool. At the end of the Season I, the organizers made two new changes that affected the course of the Season II of the Open League:
- The Season length was shortened from one month to two weeks to speed up award distribution and allow more projects to compete.
- Leaderboards have been reduced from 5 to 3 to make it easier to compete and move between Leagues.
The Open League. Season II
Dates of the Event: May 1 — May 15
Total Awards: $1,000,000 в TON
At the end of the Season, the TOP 7 teams: Catizen, Getgems, Tonano, TON Punks, The Pixels, SquidTG and Fanton, distributed a $500,000 reward for their achievements in the Season II.
- Left the Major League: JETTON, GRAM, PUNK, DFC.
- Dropped out of the tournament: wNOT (the project ceased to exist), BTC25 (for violation of the rules).
The Open League. Season III
Dates of the Event: May 15 — May 29
Total Awards: $1,000,000 в TON
Results of the Season III
In brackets is the growth compared to the beginning of The Open League
- DAU (active users per day by wallets): 568,000 (+1403%)
- Weekly active wallets: 2.2M (+1308%)
- Monthly active wallets: 3.5M (+775%)
- TVL in DeFi sector: $320.2M (+1298%)
- Total TVL $637.6M (+402%)
- Average number of transactions per day: 4.2M (+372%)
Battle of the Apps
Winners in the Battle of the Apps in Season III with several new projects: Catizen, Yescoin, SquidTG, Getgems, Fanton, TON Punks, and Tonano shared the overall $500,000 award.
Tokens
For the Season III, ARBUZ, WEB3, FNZ, BOLT, KINGY, STON, and JVT won prizes in the Major League. The best Small League teams in the Season III were: HYDRA, WALL, COFE, JETTON, and DFC.
The Open League. Season IV
Dates of the Event: June 12 — June 26
Total Awards: $1,200,000 в TON
In Season IV, contestants competed in four categories — Tokens, Apps, NFT, and DeFi.
Battle of the Apps
The TOP 7 teams, Catizen, Yescoin, MomoAI, Vertus, SquidTG, TON Punks, and Gleam split $500,000 between them.
Tokens
The top 7 teams, REGI, NOT, HYDRA, STON, COFE, RECA, and MITTENS shared the $500,000 award pool.
NFT
This was the first time the competition was held in this category. The TOP three this Season were TON Frogs, Market Makers, and TON Diamonds, who shared a total of $50,000.
DeFi
There were only six contestants in this yet another new category. First place went to DeDust, followed by EVAA, Storm Trade, Ston.fi, DAOLama and Tradoor. The total prize money in this category was $150,000.
The Open League. Season V
Dates of the Event: July 10 — August 7
Total Awards: $1,150,000 в TON
- The Season length was decided by community vote.
- NFT competition in the Season V will be held without prize money.
- A new annual prize limit of $500,000 per project for App, DeFi and token battles was introduced in July. Projects that have reached this limit since Pilot Season cannot apply for additional awards until January 1, 2025.
Those who wish to do so can apply for their project to participate in future Seasons of The Open League using TON Research platform.
How to earn in The Open League for beginners?
- Start with token mining. To get free ecosystem tokens, you can try: Arbuz Clicker, Kingy GM bot, Pixels and Catizen.
- Keep track of upcoming quests, be an active Web2 user and get airdrops.
- Participate in prediction contests. In May, the winners of The Open League's 1st Prediction Contest were announced. The only user who correctly predicted 4 of the 5 winning teams of The Big League won a prize of 15,000 $TON. 25 people correctly guessed 3 teams out of 5. Each of them received 400 $TON.
Hackathon
In 2024, the online hackathon organized by TON Foundation and The Open League was held.
Dates of the event: March 26 to June 1
Total Prize Pool — $2M
Participants presented the development of new solutions in DeFi, GameFi, eCommerce, Web 3 Social on TON and Telegram.
In fact, this 8-week hackathon is a platform for quick entry into The Open League with all its opportunities.
The most promising projects received funding from TON Ventures fund (fund size is $500,000).
The best teams had an opportunity to meet TON Foundation representatives live at The Gateway conference in Dubai in April and present their projects there.
DeFi Grants Program
In the summer, The Open League DeFi Grants Program was launched, aimed at popularizing blockchain technologies and cryptocurrencies. The program provides up to $300,000 to Projects to encourage users and up to $200,000 to Teams in the form of grants to further develop the DeFi ecosystem on TON.
Summary
The Open League is a program that is dynamic in terms of timing and large-scale in terms of reach and remuneration, which every user, influencer or project can join.
In just a few months of The Open League, we've seen strong growth in user engagement metrics for active participation in TON ecosystem products.
The organizers' hypothesis is simple — if all it takes to recruit an audience and scale it to tens of millions of users is a mini-application in Telegram, the decision to join will soon become obvious to most.