- The Visionaries Behind TON Ventures
- Beyond Funding: Building the Future
- The Strategic Importance of TON's Integration with Telegram
Former senior members of the TON Foundation have announced the creation of TON Ventures, a $40 million fund aimed at supporting early-stage crypto projects within the TON ecosystem. This initiative seeks to drive innovation and adoption of projects built on TON, especially in the areas of consumer applications and Web3 gaming.
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 games like Catizen and Gatto, as well as the perpetual exchange Tradoor. Leveraging their expertise, the team is well-positioned to identify and nurture high-potential projects that can utilize TON’s unique capabilities, including its integration with Telegram, a popular messaging app with over 900 million users.
Beyond Funding: Building the Future
The fund aims to empower founders with the tools and infrastructure necessary to build applications capable of achieving mass adoption. Selected projects benefit from the 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 offers a seamless entry point for millions of users into the blockchain space. This is particularly crucial for gaming, where TON’s scalable and efficient infrastructure can handle millions of transactions per second, essential for real-time multiplayer experiences. Games like Notcoin, which attracted 35 million players in just three months, and Hamster Kombat, demonstrate the potential of TON-based games to quickly reach vast audiences. This unique relationship allows for easy in-game purchases and interactions, making mobile gaming more accessible to Telegram’s massive user base.
The launch of TON Ventures comes at a time of rapid growth for the TON ecosystem. Recently, 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 significantly contributed to this growth, drawing hundreds of millions of new users into the Web3 space.
