TON offers 10-year UAE golden visa for $100K in staked Toncoin
The Open Network (TON) has launched a program offering 10-year Golden Visas for UAE residency to those who stake $100,000 worth of Toncoin (TON) for three years and pay a $35,000 processing fee. This initiative significantly reduces the usual entry cost by 80%, as conventional routes often require a minimum investment of $540,000 in illiquid assets. Applicants benefit from estimated annual yields of 3% to 4% through a decentralized smart contract, allowing them to maintain control over their assets. The visa program extends to immediate family members at no additional cost beyond standard fees. Following the announcement, Toncoin's price experienced over a 10% surge. This move aligns with the UAE's goal to position itself as a leading destination for blockchain innovation, reflecting increasing regulatory support and interest within the digital finance sector.
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