EOS is one of the most popular blockchain-based ecosystems hosting DApps, smart contracts, etc. The company held one of the longest ICO campaigns in history. It lasted for almost a year.
One of the selling points of EOS is the potential to develop a near to infinite scalability and cheapness. So far such scalability is yet to be achieved. The transaction fees can be reduced to zero through staking EOS.
Free TON is an ecosystem that can be used to launch decentralized apps via smart contracts. TON stands for "the open network". The platform was created by the developers that were working on the TON (Telegram Open Network), blockchain platform associated with the messenger Telegram. The launch of Telegram Open Network was aborted but the code of this project was used to start a new multi-functional independent decentralized ecosystem that is called Free TON. Note that there are several other platforms based on the TON source-code out there. In this article we are going to focus on Free TON exclusively.