According to TechFlow, Elaine Yang, investment director of Waterdrip Capital, said that although European and American institutions have invested less in the Ton ecosystem due to compliance and position issues, Telegram traffic cannot be ignored. Asian institutions are also paying attention to the Ton ecosystem, but they have made fewer investments. Waterdrip Capital has been planning the Ton ecosystem since last year and has more than 6 projects. Elaine Yang suggested that entrepreneurs pay attention to Telegram traffic, which is low-cost but requires screening of user quality. She is optimistic about DeFi, trading and payment projects on Ton, and foresees that the Meme coin assets of Ton ecosystem games will increase.