{"id":79152,"date":"2023-05-23T10:15:50","date_gmt":"2023-05-23T07:15:50","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=79152"},"modified":"2025-09-11T09:24:18","modified_gmt":"2025-09-11T06:24:18","slug":"ton-establishes-a-250-million-investment-fund-for-defi-projects","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ton-establishes-a-250-million-investment-fund-for-defi-projects\/","title":{"rendered":"TON establishes a $250 million investment fund for DeFi projects"},"content":{"rendered":"<p>The TON project team has established a $250 million venture fund to finance new projects focused on DeFi.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">#TONcoinFund&#8217;s $250M commitment will boost key projects, focusing on #DeFi. <\/p>\n<p>Offering $50-250k per project plus mentorship via partners like <a href=\"https:\/\/twitter.com\/hashtag\/Gotbit?src=hash&#038;ref_src=twsrc%5Etfw\">#Gotbit<\/a>, <a href=\"https:\/\/twitter.com\/hashtag\/Web3Port?src=hash&#038;ref_src=twsrc%5Etfw\">#Web3Port<\/a>, <a href=\"https:\/\/twitter.com\/hashtag\/Tonstarter?src=hash&#038;ref_src=twsrc%5Etfw\">#Tonstarter<\/a>, <a href=\"https:\/\/twitter.com\/hashtag\/TEB?src=hash&#038;ref_src=twsrc%5Etfw\">#TEB<\/a>, <a href=\"https:\/\/twitter.com\/hashtag\/CypherCapital?src=hash&#038;ref_src=twsrc%5Etfw\">#CypherCapital<\/a>. Excited to expand with more partners, drive <a href=\"https:\/\/twitter.com\/hashtag\/Web3?src=hash&#038;ref_src=twsrc%5Etfw\">#Web3<\/a> innovation, and attract global\u2026 <a href=\"https:\/\/t.co\/QHYvKHtT9S\">pic.twitter.com\/QHYvKHtT9S<\/a><\/p>\n<p>\u2014 TON ? (@ton_blockchain) <a href=\"https:\/\/twitter.com\/ton_blockchain\/status\/1660652193123389443?ref_src=twsrc%5Etfw\">May 22, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The initiative has been named TON Accelerator. This year, within the program, $25 million will be allocated to startups that &#8220;can make a significant impact on the developing ecosystem of the network.&#8221;<\/p>\n<p>According to the statement, each project will receive funding from $50 000 to $250 000. To apply, you must fill out the corresponding <a href=\"https:\/\/docs.google.com\/forms\/d\/e\/1FAIpQLSdne0ocWvf8EzMg_W_XN2eBqnF-a1wsJvCkzZ4U-6Zee6BsOg\/viewform\">\u0430\u043d\u043a\u0435\u0442\u0443<\/a>.<\/p>\n<p>Each investment is accompanied by partnership and mentorship from other TON Accelerator-affiliated companies, including:<\/p>\n<ul class=\"wp-block-list\">\n<li>hedge fund and market maker Gotbit;<\/li>\n<li>the developer of Web3Port tooling;<\/li>\n<li>the TonStarter fundraising platform;<\/li>\n<li>the South Korean hub BoomLabs;<\/li>\n<li>the venture capital Cypher Capital.<\/li>\n<\/ul>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The TON Accelerator program takes the well-known incubator principle from the Web 2.0 ecosystem, refines it and develops it, using the cutting-edge experience of <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-web3\">Web3<\/a> protocols and methodologies. We are pleased to play our part in this next-generation program,&#8221; said Cypher Capital head Bill Qian.<\/p>\n<\/blockquote>\n<p>In the first round, priority will be given to teams that participated in hackathons run by TON and its partners.<\/p>\n<p>In December 2021, Pavel Durov <a href=\"https:\/\/u1f987.com\/en\/news\/pavel-durov-backs-toncoin-developers-as-token-price-climbs-46\">publicly backed the Toncoin team<\/a>. The project\u2019s token rose by 46%.<\/p>\n<p>In autumn 2022, on the Fragment platform <a href=\"https:\/\/u1f987.com\/en\/news\/fragment-sells-telegrams-first-username-for-900000-ton\">sales of Telegram usernames<\/a> for Toncoin began. Later the messenger opened the possibility to <a href=\"https:\/\/u1f987.com\/en\/news\/telegram-launches-sale-of-anonymous-numbers-on-fragment\">register anonymous accounts<\/a> using blockchain-based numbers.<\/p>\n<p>In February 2023, the TON developers <a href=\"https:\/\/u1f987.com\/en\/news\/ton-developers-unveil-roadmap-for-2023\">unveiled a 12-month roadmap<\/a>.<\/p>\n<p>Subsequently, the Orbs team <a href=\"https:\/\/u1f987.com\/en\/news\/developers-unveil-a-single-nominator-smart-contract-for-ton-validators\">created<\/a> a smart contract for independent validation in the network.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The TON project team has established a $250 million venture fund to finance new DeFi-focused projects.<\/p>\n","protected":false},"author":1,"featured_media":79153,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1422,1133],"class_list":["post-79152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-toncoin","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/79152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=79152"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/79152\/revisions"}],"predecessor-version":[{"id":79154,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/79152\/revisions\/79154"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/79153"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=79152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=79152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=79152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}