TON Foundation Will Launch a Data Storage Ecosystem Called TON Storage

TON Foundation, the proof-of-stake blockchain conceived by Telegram Messenger founders, is starting a data storage ecosystem called TON Storage.

The project aims to enable users to exchange files of any size while providing financial incentives to node operators to host files for users, TON Foundation said in a statement. "A node operator and a user create a smart contract on the TON blockchain that guarantees that the user will pay a fixed amount in Toncoin to store files for a predetermined amount of time."