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Starshash Strengthens DeFi Ecosystem with TON Ventures and DWF Labs Partnerships

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by Giorgi Kostiuk

a year ago


Significant changes have occurred in the world of decentralized finance (DeFi) with Starshash's new strategic partnerships with TON Ventures and DWF Labs.

Starshash and Innovations in Mining

Starshash is a mini-app on Telegram that redefines mining and token distribution through fairness and transparency. It uses an adapted Ethash algorithm, allowing users to mine tokens on personal devices or dedicated servers. Since its launch in December 2023, the platform has attracted over 1 million users and processed more than 34 million Star tokens (~$500,000).

TON Ventures Support

TON Ventures has invested in Starshash by acquiring mining power and creating a TON Ventures node, thus enhancing transparency. This partnership helps set new standards for token launches. Inal Kardan, partner at TON Ventures, noted: "Projects like Starshash, in our opinion, stand out as promising ways to launch new tokens in 2025."

Projects like Starshash, in our opinion, stand out as promising ways to launch new tokens in 2025.Inal Kardan

DWF Labs Participation

DWF Labs actively participates in Starshash's mining infrastructure, supporting decentralization and transparency. This participation demonstrates the company's commitment to creating equal opportunities for all participants. Andrei Grachev, managing partner at DWF Labs, emphasized: "We are proud to support Starshash, a project that exemplifies the innovative potential of Web3 and decentralized ecosystems."

We are proud to support Starshash, a project that exemplifies the innovative potential of Web3 and decentralized ecosystems.Andrei Grachev

New partnerships help Starshash strengthen its infrastructure and further development in the DeFi space, ensuring fairness and accessibility.

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