#TON Ventures is a strategic initiative launched with a $40 million fund to support early-stage #crypto projects within the TON ecosystem. This initiative is led by former senior members of the @Ton Network Foundation, who bring their expertise and vision to drive innovation in this space. The focus of $TON

#Ventures is on developing consumer applications that integrate with #Telegram vast social network, particularly leveraging features like Mini #Apps and bots.

What sets TON Ventures apart is its comprehensive approach to fostering growth. The fund does not merely provide financial backing; it also offers hands-on support, ensuring that projects receive the guidance and resources needed to thrive. This includes access to Telegram’s extensive ad network, which can be a game-changer for projects looking to reach a wider audience. Additionally, participants in TON Ventures will have the opportunity to engage in exclusive growth experiments, designed to test and scale innovative ideas within the TON ecosystem.
The overarching goal of TON Ventures is to create a robust and interconnected ecosystem that seamlessly integrates with Telegram, providing users with enhanced utility and a richer digital experience. By focusing on early-stage projects, TON Ventures aims to be a catalyst for new ideas and developments that can drive the next wave of growth within the TON ecosystem.
This initiative is not just about financial investment; it’s about building a community of innovators who are dedicated to pushing the boundaries of what’s possible with blockchain technology. As such, TON Ventures represents a significant step forward in the evolution of the TON ecosystem, positioning it as a leading platform for decentralized applications and services.

On February 14th, 2024, Kava’s native DeFi lending and borrowing project – Hover – will launch on DAO Maker with the public sale of its native $HOV token. The sale follows the successful genesis pools sprint, which crossed over 15.3M USD total value locked across $KAVA, $ATOM, and $USDt. Hover aims to raise 1M USD, with 3.6% of $HOV’s total supply available on DAO Maker.
February 12th – London – Hover, the non-custodial lending and borrowing protocol from the Kava ecosystem, will launch its public sale on DAO Maker on February 14th. The market launch and the public sale follow the success of Hover’s increasing APY Genesis Pools sprint that runs from November 2023 through February 2024 and generated over 15.3M USD total value locked across $KAVA, $ATOM, and $USDt pools. Hover announced that those who deposit to their Genesis Pools before the market launch on February 21st will keep receiving increased APY for 4 more weeks – until March 18th.
With over 100 successful projects and $42 million raised in its portfolio, DAO Maker is a leader in launching and accelerating web3 startups. Hover’s launch on DAO Maker proves that Hover is in for the long-term game, committing to building trustworthy DeFi solutions. This milestone follows multiple audits and security checks Hover and its partners have undergone to build a secure and reliable platform. As a result, DAO Maker opens Hover to a much broader audience beyond the Kava ecosystem.
“The interest and support of Hover’s Genesis Pools have far exceeded our expectations and given the Hover community an appetite for a successful public sale,” said Aileen Dauz, Core Contributor at Hover. “Launching on DAO Maker is a strategic decision that hopes to bring more trusted partners and supporters looking for long-term DeFi solutions. Through Hover’s public launch, we pledge to build an institutional-grade, secure, and inclusive DeFi solution for everyone.” 
The public sale of Hover’s native $HOV token, constituting 3.6% of $HOV’s total supply, is an invitation for the public to benefit from the unique tokenomics model built by Hover. Unlike numerous non-custodial lending and borrowing platforms, where traders typically seek the most advantageous deals, Hover provides a more balanced and user-centric experience. Hover’s tokenomics model rewards user loyalty and offers eight tiers of benefits, such as liquidation and borrowing rebates based on the amount of $HOV staked. 
“DAO Maker strives to work with projects that make DeFi more accessible and secure, which is the essence of Hover,” said Chris Zaknun, Founder of DAO Maker. “We are excited to accelerate Hover by launching $HOV on our platform as we see the potential for this project in Kava and beyond.” 
Hover aims to raise 1M USD through the public sale, while the team has teased plans for the platform’s further expansion in DeFi along with more rewards and loyalty programs for the most engaged users. Both the public sale and deposits to Hover Genesis Pools will close on February 20th.
About Hover
Hover is a revolutionary liquidity market on Kava that facilitates the lending and borrowing of digital assets. With an innovative tokenomics model, 24/7 risk management, and a rewards program to directly benefit its users, Hover empowers retail users and institutions alike to fly into the next generation of DeFi. 
Learn more at hover.market.
About DAO Maker
DAO Maker aims to redefine Venture capital by making it accessible to the masses. It develops next-generation digital financial solutions trusted by more than 1M users worldwide and is the Best launchpad with the most KYC-ed users.
Learn more at app.daomaker.com
#DeFiMasters #DAO #Ventures #DAOMaker #KYC