OKX Ventures, in collaboration with Folius Ventures and The Open Platform, has recently launched an exclusive partnership to create a $10M Telegram Growth Hub. This initiative aims to support and fund projects that enhance user engagement on TON.
The Telegram Growth Hub focuses on three main areas. The first is onboarding users and providing educational tools to streamline the process and make TON more accessible for new users. The second area is the development of on-chain trading facilities, including NFT and DEX trading, liquid staking, and other innovative trading functionalities. Lastly, the Growth Hub will also focus on advanced mini-apps for Telegram, such as entertainment and gaming applications, to expand the use cases of TON.
Selected projects participating in this endeavor will receive comprehensive support, including funding for community building and talent acquisition. They will also have access to a range of developer resources, including OKX Connect, and a toolkit provided by the Telegram Growth Hub. Additionally, these projects will benefit from guidance, networking opportunities, and mentorship from industry experts.
Jeff Ren, a partner at OKX Ventures, expressed his recognition of the significant potential of the Telegram ecosystem. The integration of TON with Telegram’s massive user base of approximately 1 billion active users in 30 days greatly enhances the opportunity for widespread adoption of the ecosystem. This strong connection increases the chances of TON’s success in reaching a broader audience.
Andrey Klebanov, the Managing Director of The Open Platform, stated that their goal is to empower developers by providing them with the necessary resources and tools to create scalable and influential solutions for The Open Network (TON).