The TON Ecosystem Fund: Fueling Innovation in the Telegram Chain
Understanding the market trends of “bull” and “bear” markets is essential for any investor. The launch of the TON Ecosystem Fund in collaboration with Foresight Ventures aims to support early-stage projects on the Telegram chain, TON (The Open Network).
Bitget’s Strategic Initiative to Support TON Ecosystem
– The TON Ecosystem Fund is dedicated to fostering innovation within the Telegram chain.
– With TON surpassing Ethereum in daily active addresses, the fund aims to support projects within the TON ecosystem.
– Telegram boasts a user base of 900 million people, contributing to the growth of daily active addresses on TON.
– The TVL of the TON ecosystem has exceeded $600 million, attracting projects like STON.fi, DeDust.io, and USDT on TON.
– The TON Ecosystem Fund will deploy $20 million to accelerate the development of projects within the TON ecosystem.
– Bitget envisions promoting mass adoption of cryptocurrencies to create a more equitable future, similar to Telegram’s efforts.
The Crypto Exchange Bitget: Empowering Users and Enhancing Experiences
– Bitget, a prominent global crypto exchange, has been actively engaged in the Telegram community.
– Offering innovative tools like the Telegram Signal Bot, Bitget enhances the Telegram experience for group owners.
– Founded in 2018, Bitget has amassed 25 million users across 100 countries.
– The exchange prioritizes intelligent trading, featuring copy trading and its proprietary wallet, Bitget Wallet.
– Bitget Wallet provides a plethora of Web3 solutions, including crypto exchanges, an NFT marketplace, and a DApp browser.
– Collaborations with renowned personalities like Lionel Messi showcase Bitget’s commitment to the crypto space.
– CEO Gracy Chen affirms Bitget’s dedication to fostering innovation within the TON ecosystem through the $20 million fund.
The Rising Star: TON (The Open Network)
– The Open Network, initially known as Telegram Open Network, was launched in 2018 through a Telegram ICO.
– Despite regulatory challenges, TON has emerged as a decentralized project supported by Telegram’s user base.
– TON’s native cryptocurrency, Toncoin, has climbed the ranks to become a top 10 asset by market capitalization.
– Recording an all-time high price of over $8.4, TON continues to demonstrate impressive growth.
– TON’s market capitalization has outpaced popular altcoins like Dogecoin, Cardano, and Tron.
– The project’s journey on the crypto market experienced a significant surge in 2021, following a successful marketing campaign by Telegram.
Hot Take: Seizing Opportunities in the TON Ecosystem
Today, Bitget announced the launch of a 20 million dollar fund aimed at supporting early-stage projects based on the Telegram chain, TON (The Open Network).
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