The company previously known as First Stage Labs is rebranding as The Open Platform (TOP) today.

This strategic move aligns the name and mission of the company with those of its blockchain partner, TON Foundation. The business will be restructured as part of the rebrand. This will include merging with the team behind Wallet, the crypto application seamlessly integrated into Telegram Messenger.

TOP is committed to putting Web3 into the pockets of people worldwide, fostering genuine ownership, and creating new economies through the massive distribution and radical simplification of blockchain services.

Wallet will lay the foundation to make this vision a reality. Initially introduced as a bot within Telegram, Wallet has evolved into a comprehensive app and platform enabling people to manage their digital assets as easily as sending a message.

The development of Wallet has been accelerating over recent months as the team prepared to launch exciting new products. A service for merchants in Telegram was launched in July, and an invite-only developer beta was launched in August for its upcoming self-custodial wallet product, TON Space. Since it was announced, over 1000 developers have joined the beta, with a public release anticipated later this month.