TON Ventures Launches $40M Fund for Early Crypto Projects

Former senior members of the TON Foundation have announced the launch of TON Ventures, a $40 million fund aimed at fostering early-stage crypto projects within the TON ecosystem.

The Visionaries Behind TON Ventures

TON Ventures is led by Ian W., former Director of the TON Accelerator, and Inal K., former Gaming Lead at the TON Foundation. Both have been instrumental in developing successful TON-based Web3 games like Catizen and Gatto, as well as the perpetual exchange Tradoor.

Beyond Funding: Building the Future

The fund aims to empower founders with the tools, infrastructure, and support necessary to build applications capable of achieving mass adoption. Selected projects benefit from their global network, hands-on support, and growth opportunities offered by Telegram's advertising channels and TON experiments.

The Strategic Importance of TON's Integration with Telegram

TON’s integration with Telegram is one of its advantages, offering a seamless entry point for millions of users into the blockchain space. This integration is crucial for gaming, where TON’s scalable and efficient infrastructure can handle millions of transactions per second, essential for real-time multiplayer experiences. Examples like Notcoin and Hamster Kombat show the potential of TON-based games to quickly reach large audiences.

The Growing Momentum of the TON Ecosystem

The launch of TON Ventures comes at a time of rapid growth for the TON ecosystem. In recent months, TON has surpassed Ethereum in daily active users, with total assets on the platform soaring from $71 million at the start of the year to $1.14 billion by July. The rise of tap-to-earn gaming in 2024 has played a significant role in this growth, drawing hundreds of millions of new users into the Web3 space.

TON Ventures opens new opportunities for early-stage crypto projects, providing not only financial support but also creating a platform for mass adoption and long-term sustainability.