The TON Foundation created a $250 million venture capital fund and accelerator for startups working on the TON blockchain. Projects participating in the program can receive up to $250,000 in investments.
The TON blockchain, originally developed by the Durov brothers but later transferred to the community, is opening a $250 million venture fund and accelerator program for blockchain startups. As part of 2023, the TON Foundation plans to allocate up to $25 million for the development of projects that “may have a significant impact on the ecosystem.”
in the official advertisement It is specified that startups participating in the accelerator can receive funding from $50,000 to $250,000. Gotbit Markets Global, Web3Port, Tonstarter and Cypher Capital Group will act as mentors and partners.
To participate in the program, you must complete an application form. Only projects at the MVP stage or higher with a proof of concept and deep integration of the TON blockchain are allowed.
Author:
Grigory Shcheglov
Source: RB
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