TON Ventures, backed by the former leadership of the TON Foundation, has launched a groundbreaking $40 million fund dedicated to supporting early-stage projects within the TON ecosystem. This initiative is set to drive significant innovation, particularly in consumer applications that integrate with Telegram's social platform.

The fund goes beyond mere financial support, offering selected projects access to global resources, strategic partnerships, media exposure, and even Telegram Ads. This comprehensive approach is designed to accelerate the growth and adoption of Web3 applications within TON, ensuring that innovative ideas can reach their full potential.

Led by Ian Wittkopp and Inal Kardan, the team behind TON Ventures brings a wealth of experience from successful TON projects like Gatto and Catizen. Their vision is to foster a diverse range of applications that can thrive within the unique environment offered by the TON and Telegram ecosystems.

Read the full article here to discover how TON Ventures is shaping the future of Web3.

https://www.theblock.co/post/311103/ton-foundation-alumni-40-million-fund-ton-ventures?utm_source=twitter&utm_medium=social