CEO Pavel Durov has endorsed one of the competitive spin-off ventures for the first time since Telegram discontinued TON in 2020. Telegram states that the TON blockchain is no longer extinct, but has revived as Toncoin, independent of the company that developed it.On Thursday, Telegram CEO Pavel Durov posted a message on his official Telegram channel supporting the initiative.“When Telegram said goodbye to TON last year, I expressed the hope that future generations of developers would one day carry on with our vision of a mass-market blockchain platform,” he wrote. “So I was inspired to see the champions of Telegram’s coding contests continue developing the open TON project, which they rebranded to Toncoin.”He also provided a link to the Toncoin community group. According to data, the toncoin token price increased by around 30% as a result of the statement.It was an unexpected action from the company, which has never previously commented on the projects that use its blockch
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