(June 7, 2024) Asia's leading TON venture studio TONX and the TON Foundation recently held "The Open League Summer Bootcamp Development Training Camp" in Hong Kong and Taipei, which ended perfectly on June 2. The event attracted hundreds of developers from the Asia-Pacific region, with 12 teams from Taipei and Hong Kong participating in the competition. Special guests of the training camp included Anton Trunov, Tact Technical Director of the TON Foundation, and Alex Golev from the TON DevRel team.
As a bridging course for the TONX Accelerator Program, this training camp provides outstanding teams with the opportunity to enter the accelerator program. Selected teams will have the opportunity to receive up to $5 million in ecosystem rewards, gain exposure on the international stage, and receive market, technical and business support from TON project founders and teams. The first phase of the TONX Accelerator Program closed on June 3 and received more than 70 proposals, of which GameFi (32.5%), SocialFi (22.5%) and AI (12.5%) accounted for the majority.
A highlight of the training camp was the reveal of the latest TON roadmap by Dr. Awesome Doge, a member of the TON core development team and co-founder of TONX. He encouraged developers to use this training opportunity to develop diverse projects and support the growth of the TON ecosystem. He also announced that TONX will work with the TON Foundation to sponsor the largest TON event in Asia, The Open Summit, which will be held at the Asia Blockchain Summit on August 6-8.
The cooperation between Telegram and TON shows huge business opportunities and unlimited potential, Telegram provides more than 900 million users, and the TON blockchain provides strong infrastructure support. This synergy makes it easy and enjoyable to access Mini App games through Telegram, which perfectly fits the preferences of Telegram users. With the huge business opportunities and unlimited potential brought by Telegram's large user base, TON recently soared to $7.8 on June 5, setting a new record high and approaching becoming the ninth largest token.
The three-day Bootcamp aims to cultivate developers' professional development skills to build TON Web3 in the Telegram ecosystem. The event invited members of the TON core development team, official members of the TON Foundation, and well-known experts in the blockchain field to serve as mentors to accompany the project team throughout the process to develop ideas and improve the quality of the project. Participants have the opportunity to gain an in-depth understanding of the business opportunities and unlimited potential behind Telegram's 900 million users worldwide, and have the opportunity to submit their projects to The Open League Hackathon to compete for a high reward of up to 2 million US dollars.
In addition to technical training, Bootcamp also provides a wealth of social and networking opportunities, allowing participants to interact with industry experts and other developers to expand opportunities for understanding and cooperation.
The TONX Accelerator Program received more than 70 applications. After a rigorous selection process, Catizen became the first team selected in the accelerator program. Catizen is a blockchain GameFi game project created by David Mak and Pierce Tam, founders of Pluto Studio. It has achieved amazing results on the TON chain, attracting more than 12 million players and processing more than 13 million transactions.
The TONX Accelerator Program will provide Catizen with potential investments from TON Ventures, TONX, and the Accelerator Program’s venture capital partners, and provide them with marketing, technical, and business support to help Catizen expand globally.
The successful holding of the TONX Accelerator Program and the successful conclusion of the Bootcamp mark the beginning of new development opportunities for Asian developers in the Telegram TON ecosystem. We look forward to seeing more outstanding projects flourish in this ecosystem.
TONX, Asia's leading TON venture studio, today announced the launch of the TONX Accelerator Program with a reward pool of up to $5 million. The accelerator program aims to bring together Asia's top developers to promote innovation and development of the Telegram ecosystem.
TON is now a dedicated platform that supports Telegram's powerful advertising ecosystem. Backed by Telegram, a popular social application with more than 900 million users worldwide, it was released in February 2024, allowing users to purchase ads with Toncoin (TON) and at the same time launching a profit-sharing plan to reward channel owners. This release has brought significant ecological advantages to TON, and its future prospects are broad and full of potential.
For developers eager to build wallets, decentralized finance (DeFi), robots (Bots), and decentralized applications (dApps) in the Telegram ecosystem, joining the TONX Accelerator Program will be the first step. This is an accelerator program specially established for the Telegram ecosystem, providing world-class guidance and support for top developers in Asia. The TONX Accelerator Program is also supported by the TON Foundation, TonFura, and TonBit.
Teams participating in the accelerator program will receive potential investments from TON Ventures, TONX, and venture capital partners of the accelerator program. Projects in the accelerator program will have the opportunity to expand globally and receive marketing, technical, and business support from TON project founders and the TON team. In order to provide the strongest support to developers, TON and TONX will also hold two training camps in Hong Kong and Taipei.
Starting today, the TONX Accelerator Program is open for applications from May 20 to June 3, 2024. Interested startups and independent developers, please submit your project and fill out the application form as soon as possible.