Nobody Owns Money

Chapter 38. Hamsters

Part X. Cargo Without Pretence6 min

38

Hamsters

A metro carriage in the evening: passengers bent over their phones, the same golden coin on every screen.illustration
Notcoin had a single action: poke the coin with your finger. Over five months about thirty-five million people did it.

In 2020, after the US Securities and Exchange Commission barred Telegram from issuing Gram tokens and the company returned more than $1 billion to investors, Pavel Durov wrote that the project was closed. The code of the TON blockchain, however, remained publicly available, and enthusiasts picked it up. The network that Telegram had conceived as its own lived on as The Open Network, formally independent of the messenger. A few years later Telegram embraced it again. A wallet appeared right inside the messenger, mini-apps inside chats learned to accept TON tokens, and a blockchain few people had heard of found itself with access to 900 million users. All that remained was to come up with something to keep them busy.

What they came up with was tapping games.

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Hamsters — Nobody Owns Money | Mike Fluff