Telegram News on TON: Major $30 Million Investment Sparks Excitement

Wednesday, 18 September 2024, 03:08

Telegram news indicates that TON has attracted significant attention with a $30 million investment from Bitget and Foresight Ventures. This funding aims to foster the growth of GameFi and tap-to-earn within the TON ecosystem, leveraging its unique integration with the Telegram platform. As TON experiences rapid growth in user engagement and transaction volume, it is set to revolutionize the blockchain landscape.
Beincrypto
Telegram News on TON: Major $30 Million Investment Sparks Excitement

TON Investment Overview

Crypto exchange Bitget and Foresight Ventures, an investment firm focused on Web3, have jointly announced a $30 million investment in the TON blockchain. This funding aims to enhance the adoption of tap-to-earn and GameFi within the TON ecosystem. The investment will take place through the purchase of TON tokens.

TON's Growing Ecosystem

The TON blockchain, tightly integrated with the Telegram ecosystem, boasts rapid growth thanks to Telegram’s 950 million user base. As of 2024, TON enjoyed a tenfold increase in on-chain transactions and the total value locked (TVL). Popular TON-based decentralized applications (dApps) such as Catizen, DOGS, and Hamster Kombat have captivated millions of users.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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