Demex Daily #205: TON Introduces W5 Smart Wallet for Gasless Transactions and Improved Security

What’s Interesting Today:

The TON Core team has launched the W5 Smart Wallet in collaboration with Tonkeeper, introducing gasless transactions on the TON blockchain and enabling up to 255 simultaneous transactions. This development simplifies the management of TON assets, allowing the use of USDT and Notcoin for gas fees, thus eliminating the need for Toncoin and lowering entry barriers. The wallet also supports advanced security features like 2FA, wallet freezing, and key recovery. Currently live on Tonkeeper, W5 will soon be available on TON Space, the self-custodian version of Wallet in Telegram, and My Ton Wallet News. Additional TON-based wallets are also expected to support it in the future.

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Metis, an Ethereum Layer 2 solution, has launched the MetisChamps Prediction Challenge in collaboration with Nuvo and GOAT Network, coinciding with the Olympic Games from July 25 to August 11. This onchain event allows participants to earn game tokens and win prizes by predicting Olympic outcomes. The challenge integrates the excitement of the Olympics with blockchain technology and highlights Metis's commitment to making Web3 accessible through sports. Participants can register to receive CHAMPS tokens, used for making predictions and engaging in community activities. Rewards will be distributed based on performance, with METIS tokens required for gas fees. For more details, users can visit Metis.io or join their Telegram group.

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