OKX Ventures, The Open Platform (TOP), and Folius Ventures have announced the launch of Telegram Growth Hub with a $10 million fund to support innovation in The Open Network (TON) blockchain and expand Telegram's mini-app ecosystem.
Innovation on Telegram
The Telegram Growth Hub will focus on three key areas to elevate user experience: - User Onboarding and Educational Tools: Supporting projects that simplify the onboarding process with intuitive tools. - Trading Capabilities and Networks: Enhancements like decentralized exchanges, NFT trading, and liquid staking. - Mini-App Ecosystem Expansion: Promoting innovative gaming and entertainment mini-apps on Telegram.
Comprehensive Support for Selected Projects
Selected projects will receive: - Funding for Talent Acquisition: Access to capital to attract skilled professionals and build communities. - Developer Resources: Tools from OKX and additional resources from TOP. - Mentorship and Networking: Guidance and marketing support from experts at OKX, TOP, and Folius Ventures.
Recent Developments in the TON Ecosystem
The launch follows Gate.io's $10 million investment in the TON blockchain to strengthen collaboration with the TON Foundation.
Dr. Lin Han, Founder and CEO of Gate.io, highlighted TON's strong potential due to its large user base and efficient blockchain technology. Gate Group will also participate in the Hackers League hackathon with a prize pool of up to $2 million.
The launch of the Telegram Growth Hub will foster innovation within the TON ecosystem, supporting projects that enhance user experience and expand platform capabilities.
