The Open Network Foundation, a non-profit organization committed to supporting The Open Network (TON), has officially declared its establishment as a Swiss non-profit organization. Switzerland, known for its Web3-friendly approach and as an established technological hub, makes it an ideal home for Foundation's vision. This move highlights the Foundation's commitment to following the regulations required to establish the TON Ecosystem as a fully compliant and transparent Web3 player. 

> **Steve Yun, President of The Open Network Foundation**, emphasized the significance of this milestone, stating, "This marks a new chapter for the TON community. At the service of our community, The Open Network Foundation will pursue strong governance and transparency under the guidance of Swiss regulations.”

At the same time, the Foundation has unveiled an ambitious plan featuring strategic partnerships and integrations aimed at attracting more developers to the ecosystem, increasing user engagement, and boosting network growth. The new roadmap, planned for release in Q4 2023 on [Foundation’s website](www.ton.foundation), will clearly define the efforts planned to achieve these goals. 

As a commitment to transparency, the Foundation will regularly issue detailed reports on Toncoin's tokenomics, token issuance, partnership allocations, community incentives, and the utilization of assets for operational and ecosystem purposes.

The Foundation also announced a new annual event, The Gateway, designed to unite the community. This initiative invites community members and builders to network, discuss, and brainstorm new ways to drive TON forward. The Gateway will host over 2,000 attendees and dozens of projects from areas including privacy, finance, gaming, and collectibles, further cementing the TON Ecosystem's foundations.

The Open Network Foundation is an independent entity completely financed by donations from the TON Community and holds no control or decision-making authority over The Open Network. 

The Open Network Foundation Finds New Home in Switzerland as a Non-Profit Organization

Explore TON

The Open Network (TON) is putting crypto in every pocket. By building a Web3 ecosystem within Telegram Messenger, TON is giving billions the opportunity to own their digital identity, data, and assets.

What is TON?

Established in Switzerland in 2023, The Open Network Foundation is a non-profit organization funded entirely by community contributions. The Open Network Foundation acts in the interests of the community by supporting initiatives that help achieve The Open Network's mission.

The Open Network Foundation empowers TON projects without controlling TON technology and is one of many network contributors in the decentralized TON Community. TON operates on an open-source codebase, allowing contributions from anyone, and has no single controlling authority.

Our Role

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The Open Network Foundation empowers community-driven initiatives to reach their full potential by offering coordination, support, and grants. This assistance is extended to projects identified, demanded, and valued by the wider TON Community. 

Grants Program

The Open Network Foundation team is made up of various TON Community contributors who bring together diverse expertise to actively shape platform development and drive TON's growth. 

Foundation Council

President of the Foundation Council

Steve Yun

Foundation Council Member

Barbara Schüpbach

Manuel Stotz

Director of Ecosystem

Anthony Tsivarev

Director of Finance

Michael Teh

Director of Growth

Justin Hyun

Core Development

Kirill Emelyanenko

Investment Relations

Amy Yeap

Director of Marketing

Jack Booth

Director of Brand & Comms

Ryan Dennis

Anatoly Makosov

General Counsel

Juno Pang

Director of Operations

Max Pertsovskiy

We believe in the power of a <gradient>decentralized future</gradient> and self-sovereignty at scale.

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