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KuCoin Ventures Release $20K Grant to Build TON-Based Mini-App | Bitcoin Industry

KuCoin Ventures Release $20K Grant to Build TON-Based Mini-Apps

KuCoin Ventures, the investment arm of crypto exchange KuCoin, has pledged a grant of $20,000 to the Open Network (TON) blockchain platform.

In a statement on December 1, KuCoin revealed that the funding is intended to support the growth and expansion of the TON ecosystem.

This includes financial support for five mini-applications that focus on payments, game finance (GameFi) platforms, research and development efforts, community-building initiatives, marketing activities, and incubation programs such as the TON Bootcamp.

By funding these innovative projects and empowering research and developments, the platform aims to create a vibrant community and effective marketing initiatives about the TON blockchain.

This grant initiative results from the collaboration between KuCoin Ventures and TON Foundation, a non-profit organization aiming to pave the way for future collaborations between crypto platforms and public chains.