TON & ChessPoint: A Complete Guide

‍

What is TON?

‍

TON (The Open Network) is a next-generation blockchain originally developed by the Telegram team. Its deep integration with Telegram makes it one of the most accessible crypto networks for everyday users — no technical background required.

TON stands out from other blockchains for a few key reasons:

  • Speed — a sharding architecture enables processing of millions of transactions per second
  • Low fees — transaction costs are a fraction of what Bitcoin or Ethereum charge
  • Security — Proof-of-Stake consensus protects the network from attacks
  • Smart contracts — conditions execute automatically, with no middlemen involved

‍

Can You Convert TON to Real Money?

‍

Absolutely — and it's fully legal. TON is listed on major exchanges including Binance, Kraken, and CEX.IO. The process is straightforward: sign up on an exchange → complete identity verification (KYC) → transfer your TON → sell for fiat currency (EUR, USD, etc.) → withdraw to your bank account or card.

‍

Crypto Tournament Formats

‍

ChessPoint offers two types of crypto-prize tournaments:

  • Full Web3 Tournaments — each player contributes a deposit upon entry, forming a shared prize pool. Prizes are distributed automatically via smart contract. Any player can create these tournaments, and every transaction is fully logged on the blockchain — transparent and immutable
  • Light Tournaments — the prize pool is guaranteed by the platform or sponsors; no entry fees except for platform service fees (a connected wallet is still required)

‍

Why You Need a Wallet

‍

To join any crypto tournament, every player must connect a TON wallet. This guarantees three core principles:

  • Fairness — all operations run through a smart contract with zero manual intervention
  • Transparency — every transaction is publicly visible on the blockchain
  • Instant payouts — prizes are distributed to all winners simultaneously

‍

⚠️ ChessPoint never holds your funds. The platform is fully non-custodial — you always retain complete control over your wallet.

‍

How to Connect Your Wallet

‍

1. Go to the Wallet section

2. Tap Connect TON Wallet

‍

3. On mobile: open your preferred TON wallet app and confirm registration of your wallet

4. On desktop: choose one of the ChessPoint-supported apps installed on your smartphone and confirm the connection by scanning the qr code

‍

We recommend using TONKEEPER, which is very easy to install, stable and does not require any personal data.

👉Apple Store

👉Google Play

‍

5. Approve the ChessPoint registration prompt in your wallet. If connected successfully, you will see your wallet address. in your Wallet.

‍

‍

That's it! From now on, whenever you join a tournament with a crypto prize, your wallet will automatically be used to receive your winnings.

For any questions, reach out at support@chesspoint.org