According to Odaily, Elaine Yang, the Investment Director at Waterdrip Capital, has shared her insights on the TON ecosystem. She noted that Western institutions have shown less interest in investing in the TON ecosystem due to compliance and position issues. However, she emphasized that the traffic from Telegram, the platform on which TON is based, should not be overlooked.
Asian institutions, on the other hand, have shown interest in the TON ecosystem but have been slow to act. Waterdrip Capital has been bullish on the TON ecosystem since last year and has invested in more than six projects. However, many projects last year were limited due to the infrastructure of the TON chain. While project teams were quick to create Telegram bots, these had little connection to the TON public chain itself.
Yang advised entrepreneurs to pay attention to Telegram traffic, as the cost of acquiring organic traffic is relatively low. However, she pointed out that the quality of users needs further screening. She also predicted that the cost of incoming traffic will inevitably increase in the future.
Yang expressed optimism about DeFi, trading, and payment-related projects on the TON chain. She also foresaw an increase in the launch of Meme assets in the TON ecosystem games.