🧑🏫Proxy Tokens on TAND3M
Overview
TAND3M supports cross-chain token and NFT sales through the use of Proxy Tokens – TON-based stand-ins that enable trading within the TAND3M ecosystem, even when the original asset lives on a different blockchain.
This system allows projects with assets on chains like Ethereum, Solana, or BNB Chain to participate in the TON ecosystem without deploying their native tokens/NFTs directly on TON.
🔗 What Is a Proxy Token?
A Proxy Token (or Proxy NFT) is a TON-native representation of an asset that exists on another blockchain.
It behaves just like a regular token or NFT within the TAND3M marketplace:
Can be bought, sold, and transferred
Appears in user wallets
Can be managed by smart contracts on TON
However, it does not represent the actual, final asset – it's a placeholder.
🛠 How It Works
1. Creation
A startup registers a token/NFT sale on TAND3M.
If the actual asset is not on TON, a Proxy Token/NFT is created by TAND3M and issued on TON instead.
This proxy mimics the supply, metadata, or ownership structure of the original asset.
2. Sale & Trading
The proxy asset is listed and traded on TAND3M like any other TON asset.
Project Buyers on TON interact only with the proxy, reducing cross-chain complexity and gas costs.
3. Redemption / Swapping
Once the sale or campaign ends, users can redeem the proxy asset for the real one on the original chain:
Redemption is facilitated via a Broker, a smart contract, or a cross-chain bridge, by the Startup.
When redemption occurs, the proxy asset is burned or locked, and the corresponding real asset is delivered to the buyer on the original chain.
📦 Example Use Case
A startup launches an NFT collection on Polygon, but wants to raise funds via TAND3M on TON.
TAND3M issues a TON-based Proxy NFT Collection. Project Backers on TAND3M buy these Proxy NFTs. After the sale, holders can redeem their Proxy NFTs to receive the actual Polygon NFTs in their wallets.
🧠 Why Use Proxy Tokens?
Cross-chain access without deploying on TON
Simplified investor experience (TON-native flow)
Faster time to market
Lower costs than multi-chain deployment
Keeps ownership logic flexible on the original chain
🚧 Limitations
Proxy tokens are not the real asset – redemption is a critical step.
Requires trust in redemption mechanism (broker/bridge/smart contract).
Asset parity (e.g. metadata, supply) must be carefully maintained.
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