Social media application Telegram has announced a four hundred thousand dollars ($400k) award for its TON Blockchain. TON Blockchain Smart Contract contest Social media giants Facebook and Telegram are racing towards dominating the crypto markets. Facebook announced its Libra stablecoin that is always taking the spotlight. Telegram, on the other hand, announced a cryptocurrency and a blockchain network known as Telegram Open Network (TON) Blockchain. Telegram has now unveiled a coding competition for building smart contracts on the TON Blockchain. The contest is divided into three parts with prize funds for all tasks ranging from two hundred thousand dollars to
