According to TechFlow, on September 18, The Block reported that Bitget and Foresight Ventures announced a $30 million investment in The Open Network (TON) blockchain. The investment aims to promote the development of Telegram-based projects, focusing on "tap-to-earn" games.
In recent months, casual Telegram games like Hamster Kombat and Notcoin have attracted millions of users, promising that users can earn crypto tokens. Bitget and Foresight plan to allocate this investment by purchasing TON tokens and will "participate more deeply in the governance and future development plans of the TON blockchain." Forest Bai, co-founder and CEO of Foresight Ventures, said: "The surge in the TON ecosystem represents the biggest growth opportunity in the cryptocurrency market this year."
