TON ecosystem welcomes $40 million investment, coin price rises over 12%

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The TON ecosystem is迎来新机遇, and ecological construction is about to accelerate.

At the beginning of this week, the TON ecosystem received significant good news. Former TON Foundation executives announced the establishment of TON Ventures and raised $40 million to support the TON ecosystem. Following this news, the price of TON increased by more than 12% in a single day, surpassing the $7 mark.

According to data platform statistics, as of this Sunday, the discussion popularity of TON has increased by 38.83% compared to the previous week, reaching 1.29K mentions, and ranking 5th in the overall list. Meanwhile, the real-time sentiment index for TON is as high as 54.15 points, ranking first, indicating that the market generally holds a positive attitude towards the prospects of TON.

The TON ecosystem has been receiving continuous good news recently. The launch of the TON token on a certain trading platform sparked heated discussions in the market, while the establishment of TON Ventures has taken the development of the TON ecosystem to a new height. This seems to indicate that the TON ecosystem is entering a new stage of rapid development.

Raising 40 million, launching on Binance, will TON enter the fast track of development?

Current Status and Development of the TON Ecosystem

TON(The Open Network)was originally evolved from a blockchain project developed by instant messaging software, aiming to create a decentralized network that supports high-speed transactions. After years of development, TON has grown from a conceptual stage to a blockchain platform with a complete ecosystem and an active community. The TON ecosystem not only includes core technologies such as decentralized applications(dApps), smart contracts, and cross-chain bridging, but also involves extensive community governance and market applications.

In 2024, the TON ecosystem is experiencing strong development momentum. The total asset scale on the TON chain has reached $1.14 billion, growing more than 15 times compared to the beginning of the year. The daily active user count of the TON ecosystem has surpassed that of Ethereum, demonstrating its advantages in user conversion and ecosystem stickiness. Even more noteworthy is that the number of non-zero addresses on the TON chain has exceeded 39.5 million, nearly a 10-fold increase since the beginning of the year. These data fully illustrate that the TON ecosystem is expanding at an astonishing speed and has become an important pillar in the cryptocurrency market.

The Establishment of TON Ventures and Its Significance

The establishment of TON Ventures is undoubtedly an important milestone in the development of the TON ecosystem. This newly formed venture capital institution is led by two former senior executives of the TON Foundation and backed by a $40 million fund, focusing on supporting early-stage crypto projects. The mission of TON Ventures is not only to provide financial support to projects within the TON ecosystem but also to promote continuous innovation and development of the entire ecosystem through resource integration and strategic partnerships.

TON Ventures focuses its investments primarily on the following three types of projects:

  1. User applications based on instant messaging software: leverage a large user base to achieve rapid growth and expansion.

  2. Instant messaging software mini-programs: With the open API and development tools, mini-programs have become an important component of the TON ecosystem.

  3. Infrastructure and Tool Development: Support the development of various types of infrastructure and tools, improve development efficiency, and promote the overall technical level of the TON ecosystem.

The establishment of TON Ventures comes at the right time. With the explosive growth of the ecosystem and community, TON needs more funds and resources to support the incubation and development of early projects. Through TON Ventures, developers and investors are able to share the resources and opportunities of the TON ecosystem, accelerating the overall development of the ecosystem.

Raising 40 million, listed on Binance, will TON enter the fast track of development?

Background of the TON Ventures Leadership Team

The leadership team of TON Ventures is composed of two former executives with extensive experience in the TON ecosystem. One of them is the former director of the TON Accelerator, who successfully incubated the popular TON blockchain games and perpetual contract trading platform. The other is the former head of the gaming department at the TON Foundation, focusing on the development and promotion in the gaming sector. Under their leadership, TON Ventures will further promote the expansion and innovation of the TON ecosystem, injecting new vitality into the ecosystem.

The Managing Director of TON Ventures stated: "TON has created a new paradigm for Web3. With our in-depth cultivation in this ecosystem, we firmly believe that TON's greatest opportunity lies in precise capital allocation. Now, we have the chance to share unique insights with innovators and developers, helping them thrive in the fertile ground of TON. We hope to accelerate the development of the TON ecosystem and promote revolutionary advancements in decentralized technology by connecting visionary investors with cutting-edge projects."

Future Outlook of the TON Ecosystem

With the establishment of TON Ventures, the TON ecosystem will undoubtedly enter a new stage of development. The future development direction can be anticipated from the following aspects:

  1. Further expansion of the ecosystem: More developers will be attracted to the TON ecosystem, driving the expansion and prosperity of the entire ecosystem.

  2. Continuous growth of the user base: Applications based on instant messaging software and mini-programs will gain more development opportunities, further enhancing the user base of the TON ecosystem.

  3. Accelerated Advancement of Technological Innovation: With the introduction of more innovative technologies, the TON ecosystem will become more complete and powerful.

  4. Enhancement of Global Influence: Through collaboration with top global investors and developers, the TON ecosystem will gradually expand its global influence.

Raising 40 million, launching on Binance, will TON enter the fast track of development?

Conclusion

The rapid development of the TON ecosystem and the establishment of TON Ventures mark a new stage in the development of TON. With more funding, resources, and technology being injected, the TON ecosystem is bound to achieve greater breakthroughs and successes in the coming years. For developers, investors, and users, the TON ecosystem offers a platform full of opportunities and potential. As the TON ecosystem continues to grow, we have reason to believe that it will occupy an important position in the future blockchain world, driving revolutionary advancements in decentralized technology.

The establishment of TON Ventures is not only an important upgrade for the TON ecosystem but also a significant signal for the entire blockchain industry. It indicates that as the cryptocurrency market continues to mature, the construction and development of ecosystems will become key factors determining the success or failure of projects. And TON is at the forefront of this development.

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metaverse_hermitvip
· 12h ago
The future market is worth looking forward to.
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consensus_whisperervip
· 08-13 01:53
TON is about to To da moon.
View OriginalReply0
Layer2Arbitrageurvip
· 08-13 01:51
NGMIs dont see alpha here
Reply0
SquidTeachervip
· 08-13 01:43
TON surged again
View OriginalReply0
InscriptionGrillervip
· 08-13 01:36
TON is about to da moon!
View OriginalReply0
GigaBrainAnonvip
· 08-13 01:31
The earlier you buy, the more you earn.
View OriginalReply0
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