Toncoin (TON) Pioneers Crypto-to-Residency Pathway with UAE Golden Visa for Stakers
Telegram's Open Network (TON) has launched an innovative program that connects cryptocurrency investment with residency benefits. By staking $100,000 worth of Toncoin (TON) for three years, investors can now obtain a 10-year UAE Golden Visa—significantly reducing the standard $540,000 requirement.
The initiative utilizes a transparent smart contract on TON's blockchain, with a $35,000 government processing fee. Approved applicants receive residency for their entire family within just seven weeks, far quicker than traditional methods. Participants continue earning 3-4% annual yield while retaining full control of their staked assets.
This unprecedented crypto-residency program marks increasing institutional acceptance of digital assets as credible financial tools. Industry analysts suggest this could establish a blueprint for other regions aiming to attract cryptocurrency investments.