OKX Ventures, The Open Platform, and Folius Ventures have announced the launch of a $10 million Telegram Growth Hub. This initiative aims to foster innovation within the The Open Network (TON) blockchain and expand Telegram's mini-app ecosystem.
Innovation on Telegram Platform
The Telegram Growth Hub will focus on three key areas:
- **User Onboarding and Educational Tools**: Support for projects creating intuitive interfaces and resources to simplify onboarding. - **Trading Capabilities and Networks**: Development of features like decentralized exchanges, NFT trading, and liquid staking. - **Mini-App Ecosystem Expansion**: Promotion of innovative mini-apps in gaming and entertainment to enhance TON's usage.
Comprehensive Support for Selected Projects
Selected projects will receive:
- **Funding for Talent Acquisition**: Access to capital for hiring skilled professionals. - **Developer Resources**: OKX will offer developer tools like OKX Connect. TOP will provide Tonkeeper, the TON Apps API, and more. - **Mentorship and Networking**: Connections with experts from OKX, TOP, and Folius Ventures for guidance and stakeholder networking.
Recent Developments in the TON Ecosystem
The Telegram Growth Hub follows Gate(.)io's recent $10 million investment in TON blockchain. Gate(.)io's Founder, Dr. Lin Han, emphasized TON's appeal for Web3 applications due to its tech advantages. Gate Group is participating in the TON Society's Hackers League Hackathon.
The Telegram Growth Hub initiative marks a significant step toward advancing the TON ecosystem and enhancing Telegram's platform as a hub for innovative solutions.
