UAE Golden Visa is ‘being developed independently‘ — TON Foundation

The TON Foundation has issued a clarification regarding recent claims surrounding a “Golden Visa” initiative associated with the Telegram Open Network (TON) blockchain. The Foundation emphasizes that this initiative, promoting expedited residency permits in the United Arab Emirates (UAE) for individuals involved with TON, is entirely separate from the Foundation’s official operations and lacks any formal endorsement or backing from the UAE government.

The discrepancy arises from the independent actions of individuals or entities promoting this Golden Visa program. While leveraging the TON ecosystem’s reputation and network, these actors are not acting under the direct authority or supervision of the TON Foundation. The Foundation wishes to make it explicitly clear that it is not involved in organizing, facilitating, or endorsing this initiative. Any participation in the Golden Visa program is solely at the discretion of individual applicants and does not reflect the official position or activities of the TON Foundation.

This clarification aims to prevent any misinterpretations or assumptions linking the TON Foundation to the Golden Visa program. The Foundation maintains a focus on the development and growth of the TON blockchain and its associated technologies, remaining committed to a transparent and decentralized ecosystem. The Foundation’s efforts are centered on enhancing the network’s functionality, security, and usability for its global community of users and developers. It’s crucial to understand that the Golden Visa initiative is an independent undertaking, with no formal connection to the Foundation’s goals or operations.

This distinction is critical for maintaining the integrity of the TON ecosystem and ensuring that all interactions with the network are clearly understood. The Foundation encourages all individuals and organizations associated with TON to adhere to ethical and transparent practices, avoiding any actions that might inadvertently misrepresent the Foundation’s position or compromise the reputation of the TON blockchain. Any information regarding official initiatives and programs from the TON Foundation will be communicated through established channels on the official website and social media platforms. The Foundation urges users to exercise caution and rely only on verified sources for information about TON.