{"id":87765,"date":"2023-12-01T16:36:07","date_gmt":"2023-12-01T14:36:07","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=87765"},"modified":"2025-09-13T13:53:46","modified_gmt":"2025-09-13T10:53:46","slug":"kucoin-ventures-to-back-the-ton-ecosystem","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/kucoin-ventures-to-back-the-ton-ecosystem\/","title":{"rendered":"KuCoin Ventures to back the TON ecosystem"},"content":{"rendered":"<p>The venture arm of the KuCoin cryptocurrency exchange and TON Foundation<a href=\\\"https:\/\/www.businesswire.com\/news\/home\/20231201434476\/en\/KuCoin-Ventures-Announces-Partnership-with-TON-Foundation-Provides-Grant-to-Support-TON-Ecosystem\\\">have agreed<\/a> to collaborate. It envisages providing a grant to the TON ecosystem <span data-descr=\\\"The Open Network\\\" class=\\\"old_tooltip\\\">TON<\/span>.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>The exact amount was not disclosed.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>It is expected that the venture arm will back five ecosystem projects, with a focus on payments and <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-gamefi\">GameFi<\/a>.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>The grants will expand the capabilities of the Future3 campus and TON&#8217;s training camp. The parties expect funding for innovative projects, research and development, community-building activities, and marketing initiatives.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>The agreements are driven by KuCoin&#8217;s aim to strengthen cooperation between exchanges and public networks.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Earlier in November, Web3<\/a>-games operator Animoca Brands <a href=\"https:\/\/u1f987.com\/en\/news\/animoca-brands-becomes-ton-networks-largest-validator\">announced<\/a> strategic investments in the TON blockchain, becoming the largest validator in the network.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>On October 31, TON <a href=\"https:\/\/u1f987.com\/en\/news\/ton-blockchain-sets-world-record-for-transactions-per-second\">set a world record<\/a>, completing 104,715 transactions per second. According to the developers, the network is potentially capable of processing millions of operations with a sufficient number of validators.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KuCoin Ventures and the TON Foundation have agreed to collaborate.<\/p>\n","protected":false},"author":1,"featured_media":87766,"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":[1411,1390,1422],"class_list":["post-87765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-kucoin","tag-partnership","tag-toncoin"],"aioseo_notices":[],"amp_enabled":true,"views":"10","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/87765","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=87765"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/87765\/revisions"}],"predecessor-version":[{"id":87767,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/87765\/revisions\/87767"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/87766"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=87765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=87765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=87765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}