TON Staking Program Offers 10-Year UAE Golden Visa

Toncoin, a rapidly growing Layer 1 blockchain project supported by Telegram, has introduced an innovative program in partnership with the United Arab Emirates. The Ton Foundation has launched an initiative that grants $TON stakers a 10-year UAE Golden Visa. This program is aimed at integrating digital assets with tangible real-world opportunities, representing a major advancement in cryptocurrency adoption.

To qualify for the 10-Year UAE Golden Visa, applicants must stake $100,000 worth of $TON for a duration of three years. During this period, the staked funds are non-withdrawable. Additionally, applicants are required to pay a one-time government fee of $35,000. After the three-year period, the staked funds can be unlocked. The visa benefits are extended to the applicant's spouse and family members, providing long-term residency in Dubai and the UAE. This residency allows holders to live, work, and invest freely in the region, aligning with the UAE’s vision of becoming a global crypto and Web3 hub.

The UAE has already positioned itself as one of the most crypto-friendly nations globally. This program is anticipated to accelerate institutional interest in TON, as it offers a pathway to physical relocation. By linking a significant residency benefit to blockchain staking, Toncoin has successfully bridged the gap between digital assets and real-world utility. This initiative is more than just another staking reward or ecosystem perk; it signifies a milestone moment for crypto adoption, showcasing the real-life value of digital assets.

The launch of this program has been received with enthusiasm from the crypto community. Crypto commentator @AshCrypto remarked, "This is MASSIVE for crypto adoption. We’re finally seeing the future of Web3 meet the real world." The integration of cryptocurrency with real-world benefits is a notable development that could open the door to broader acceptance and use of digital assets.