TON offers 10-year UAE golden visa for $100K in staked Toncoin
TON launches UAE Golden Visa program requiring just $100,000 in staked TON, cutting the usual entry cost by 80%.
The Open Network (TON), the blockchain platform spun out of Telegram, has unveiled a new pathway to UAE residency, offering 10-year Golden Visas to applicants who stake $100,000 worth of Toncoin (TON) for three years and pay a one-time $35,000 processing fee.
“Secure your Golden Visa in under 7 weeks from document submission to the Visa Office,” TON announced Saturday, detailing that with UAE-based partners will manage the visa processing and residency status confirmation.
Applicants retain control of their assets during the staking period through a decentralized smart contract verifiable on the TON blockchain. Furthermore, the program promises estimated annual yields of 3% to 4% on staked assets, adding an incentive for crypto investors.