💥🔥💎 Former TON Foundation Execs Launch $40 Million Ventures Fund
Former members of the TON Foundation have launched a $40 million venture fund to back early stage crypto projects. This new fund aims to drive the next wave of innovation within The Open Network (TON) ecosystem.
The initiative represents a strategic boost for TON, an ecosystem that integrates blockchain technology with the Telegram platform. By supporting emerging ventures, the fund seeks to accelerate adoption and expand the utility of TON’s blockchain capabilities.
TON Ventures focuses on consumer applications that leverage the power of Telegram’s social features and Telegram Mini Apps (TMAs). The fund will support budding projects, offering infrastructure requisite for creating sustainable applications capable of garnering mass adoption.
In addition to financial backing, projects supported by this initiative will gain access to valuable resources. Beneficiaries will receive support from an experienced team, a global network, and hands on guidance to boost their success. TON Ventures will also provide Telegram Ads and offer access to exclusive growth experiments within the ecosystem.
