- TON offers UAE 10-year Golden Visa for $100K Toncoin staking commitment.
- New visa plan connects crypto staking to real-world family residency rights.
- UAE cements crypto hub status with TON’s real-world visa program.
The Open Network (TON), which was originally built by Telegram, has made headlines with a bold new offer. TON has announced that people can now secure a 10-year UAE Golden Visa if they stake $100,000 worth of Toncoin ($TON) for three years and pay a one-time $35,000 processing fee. This is a special route that bridges the gap between the crypto world and reality residency.
TON Connects Crypto Staking to Real UAE Residency Benefits
According to TON’s announcement, the applicants will have the chance to have their Golden Visa approved within less than seven weeks after sending the necessary documentation. All the processing will be done by the partners of TON in the UAE, and new residents will be able to confirm their status. This stake is unlike the normal crypto staking rewards, as it links block chain to the real-world incentives.
And how would this new Toncoin Golden Visa work? The first is that individuals have to pledge $100,000 worth of Toncoin in three years. The money structured in stakes cannot be used during this period. Then, a $35,000 one-time government fee is required to be paid by the applicants. They can unlock the staked coins after a period of three years. The main advantage is that such a visa not only includes the principal applicant, but also his or her family, his or her spouse, and their children.
Upon approval, the visa grants people the freedom to live, work, and invest in Dubai and the UAE in general. To many, this is the ideal encounter to the UAE goal of becoming a world crypto and Web3 center. Binance, Crypto.com, and Bybit, major crypto companies, have already established operations in the region.
The new path is a game changer in terms of crypto adoption. TON is demonstrating the potential of crypto to add value to the real world instead of simply having another perk of blockchain. This program adds value to digital coins because people can do something with it other than to trade it by providing something that people desire that is secure residency in an otherwise safe country with a high quality of life and a booming economy.
Toncoin Rises 10% After UAE Golden Visa Staking Announced
The UAE’s Golden Visa is popular because it gives long-term security without needing a local sponsor. This makes it convenient to families and professionals seeking to relocate to Dubai or any other regions of UAE. This will now be an added incentive to those who hold Toncoin not trying to sell them but stake them.
The price of Toncoin has already increased by 10% since the news has been released. It indicates that the investors view this as a brilliant step that would bring actual value to the coin. Most crypto observers think that there will be more pressure today, as more individuals will purchase and hold Toncoin, in anticipation of using it in the visa or to make gains on an increase in demand.
UAE has established its reputation as a tech firm leader and blockchain. In doing so, it not only shows that it is open to new ideas but also that it wants to become the leader in the crypto race in the global market. The plan of TON is just what this vision is.
Ultimately, the new visa mechanism used by TON demonstrates that digital assets may not merely remain in a pocket. They have an opportunity to enter a new way of living in one of the fastest-developing, innovation-oriented areas of the world. There will be a great number of observers who will be hoping to know whether this concept will encourage other crypto networks to do the same.