The Open Network Ventures, established by former executives of the TON Foundation, has introduced a $40 million fund to invest in early-stage crypto projects within the TON ecosystem.
This new venture capital firm aims to bridge the gap between investors and developers to drive innovation and growth on the TON platform. According to a press release shared with WEB30NEWS, TON Ventures will primarily focus on consumer applications that integrate with Telegram’s social platform:
“TON Ventures will […] capitalize on Telegram’s social network, Mini Apps, and a suite of tools and infrastructure designed to help founders create applications with broad user appeal.”
Disclaimer: Remember that nothing in this article and everything under the responsibility of Web30 News should be interpreted as financial advice. The information provided is for entertainment and educational purposes only. Investing in cryptocurrency involves inherent risks and potential investors should be aware that capital is at risk and returns are never guaranteed. It is imperative that you conduct thorough research and consult with a qualified financial advisor before making any investment decision.
