TON Community

2023-05-22 15:20:19 ​Today, TON Accelerator Program has announced that it will allocate up to $25 million this year to projects that have the potential to make a significant impact on the expanding TON Ecosystem.

The capital will be provided by TONcoin.Fund, a $250 million TON-based fund dedicated to supporting founders, and will be funneled into various key projects, with a particular focus on decentralized finance (DeFi). Each project will receive between $50,000 and $250,000.

In addition to funding, each investment will be accompanied by partnership and mentorship from our accelerator partners, including: Gotbit, a hedge fund and market-making company offering trading and risk management solutions; Web3Port, a developer of tools facilitating connections between Web3 startups and contributors to drive innovation; Tonstarter, the leading fundraising platform on TON; TEB, an incubator for Web3 developers based in South Korea; and Cypher Capital, a United Arab Emirates-based multi-strategy crypto investment firm.

The pool of TON Accelerator Program partners is anticipated to expand even further as TON Foundation continues to establish strategic partnerships with major accelerators in the Web3 space.

“We are delighted to unveil TON Accelerator Program as our ecosystem continues to evolve and attract new talent,” said Justin Hyun, Head of Incubation and Growth at TON Foundation. “This is the beginning of many different incubators which will be supported in the future. Funding forms part of our local hubs rollout strategy and our ecosystem will work to attract new developers as well as successful repeat founders, based across a variety of key global locations.”

“This is a program that is unique within the Web3 universe today,” said Bill Qian, Chairman of Cypher Capital. "TON Accelerator Program is taking the well-known incubator principle from the Web2 ecosystem, refining it, and evolving it by incorporating the best practices of Web3 protocols and methodologies. We are delighted to play our part in this next generation program.”

The initial selection of projects for the funding round will focus on those that took part in Hack-a-TONx DoraHacks, a two-month-long virtual hackathon organized in collaboration with DoraHacks. DoraHacks is a leading global hacker organization that acts as a bridge, connecting hackers to enterprise challenges and entrepreneurial ideas.

Submissions are currently open for all MVP-ready projects built on TON (i.e. support TVM & TON smart-contract language) that are seeking marketing, business, and technology support. Proof-of-concept or prototype teams that require initial technical support should apply for earlier-stage grants.

Projects interested in participating in funding rounds can complete this form. Open / Comment

2023-05-21 19:16:01 TON Diamonds has published a video report about the Focus Art Fair in New York, which presented a series of NFT pieces based on TON.

Thousands of art lovers, artists, and curators visited the Focus Art Fair, which began on May 17 and ended today.

Please check out the video report and appreciate the beauty of TON NFTs! Open / Comment

2023-05-20 20:17:54 Join the TON Wiki Challenge and contribute to The Open Network’s (TON) Wikipedia page in any language!

The initial prize pool is $5,000 worth of Toncoin. The top contributors will be considered for potential jobs at TON Foundation.

We welcome contestants from all over the world! To participate, register through @toncontests_bot, provide your Wiki account and the link to the doc with possible description of the Wiki page. Submit your TON articles by June 4, 21:00 (UTC+4).

For more details, check out TON Blog. Let’s collaborate and create an outstanding resource for The Open Network.

Best of luck to all participants! Start updating and make your mark today! Open / Comment

2023-05-19 20:32:49 Hack-a-TON x DWF Labs x AWS Startups offers up to 150,000 Toncoin in prizes

Hack-a-TON, in collaboration with DWF Labs and AWS Startups, is hosting another massive event giving users the chance to win 150,000 Toncoin (TON) in prizes. Registration will open next week, followed by an online build phase. The final offline hackathon round will take place in Singapore on September 11-12. Participants will also have the opportunity to take part in workshops and learn from 12 industry-leading mentors.

Don't miss out on this incredible opportunity to showcase your skills and be in with a chance to win a share of the 150,000 TON prize fund! Register next week to get involved! Open / Comment

2023-05-18 19:06:43 TON&Co. has released a new interview with the Tonstarter co-founder

The TON & Company YouTube channel has conducted an interview with Sergey Chikirev, the co-founder and technical director of Tonstarter, the first TON-based launchpad.

This insightful conversation will be of interest to all TON enthusiasts and includes:

A bit about Sergey's personality and his technical background.
Discussion about Tonstarter's philosophy and its role in the ecosystem.
Conversation about the The Open Network and its native cryptocurrency, Toncoin.
The key metrics that Tonstarter is looking for in prospective projects.

Tonstarter is a significant and essential service for TON Ecosystem. We recommend the entire community check out this interview! Open / Comment

2023-05-17 19:47:25 The Open Network (TON) has featured on the AltcoinBuzz Channel

The popular YouTube channel AltcoinBuzz, which has over 400,000 subscribers, has published a new video titled Next BIG UNDERVALUED Crypto. In this video, the host introduces his viewers to TON Blockchain and its native cryptocurreny, Toncoin, providing insights into the network structure, ecosystem and perceived future potential.

The opinions outlined in this video will be of interest to both newcomers and long-time TON enthusiasts. However, please remember that this content should not be viewed as investment advice. Check it out here! Open / Comment

2023-05-16 23:00:01 Mask Network invests in The Open Network (TON) in drive to build decentralized social network ecosystem

Mask Network, a platform that aims to bridge Web 2.0 users to Web 3.0, has announced a strategic investment in The Open Network (TON). By leveraging the Next.ID protocol, Mask gives Web3 users full ownership of their identities. Mask's investment in TON is another exciting development for our burgeoning SocialFi scene.

This latest collaboration aims to combine Mask's focus on the so-called ownership economy with TON's vision of a decentralized internet. This will particularly help drive growth in TON’s SocialFi sphere and shape the future of decentralized digital communities. Open / Comment

2023-05-15 23:00:01 ​TON Community Weekly Digest

Here’s a roundup of the most exciting news from the past seven days in The Open Network (TON) Ecosystem.

Network Growth:

The number of registered TON accounts has increased from 2,602,852 to 2,625,204 (+0.9%) between May 8 and May 14, 2023.

Ecosystem News:

BeInCrypto, one of the largest crypto news outlets, has published a technincal article, The Economics of Decentralized Storage Protocols, exploring decentralized file storage solutions. The article profiles TON Storage, highlighting the Nonstorage and Tondrive.io services as emerging data storage protocols based on TON, currently in the early stages of development. Read more.

The promotional video for Ellen Sheidlin’s latest NFT project on TON, Memory of Soul, which is listed on the TON Diamonds marketplace, is being displayed on one of the main billboards in Times Square, New York City. The Focus Art Fair will take place from May 18 to May 21 nearby at Chelsea Industrial, featuring an exhibition of Ellen's work and other artists, curated by TON Diamonds. Read more.

TON Foundation is actively expanding its collaboration with BIT crypto exchange. In the near future, the exchange will begin accepting Toncoin as a form of payment for trading fees and offer various discounts. Read more.

We have recently released a compilation of the most popular TON-based NFT marketplaces. We encourage you to check out this post, just in case you're not familiar with some of these platforms.

Graphic animator Rakhmanova Dilnoza has created a mini-advertising cartoon about TON. We highly recommend taking a look at it!

Subscribe and be the first to receive updates from TON Ecosystem. Open / Comment

2023-05-15 18:32:25 TON Foundation announces grant recipients for Q2, 2023

TON Foundation has approved grant recipients for round 1, Q2 2023. These new projects are of great value to The Open Network (TON) Ecosystem, focusing on emerging sectors such as on-chain lending, improving the visibility of TON-based applications, on-chain contract management and user-friendly use cases for TON core services.

Read more about new grant recipients from our new blog post.

We invite the whole community to get involved either as a builder by submitting your proposal or by joining the judging and discussion as an evaluation contributor. Open / Comment

2023-05-14 21:21:29 TON Society Updates (11 May)

TON Society is where builders meet capital. In terms of the funnel: grants, acceleration, investments.

Grants
— Grants machine is running back up and we are happy to share that a previous community dev, Mark (TON&Co founder), has joined the TON Foundation Dev Rel team and assessing grants applications
— Apply via Questbook

Acceleration
— We have been busy structuring accelerator partnerships and will announce 22 May (via @tonsociety and @toncoin); stay tuned
— Q2 FY23 will be limited to projects that have previously submitted projects in Hack-a-TONx DoraHacks but Q3 FY23 and onward will be more open to TON projects in general (for operational reasons)
— Projects with single digital valuations, TGE in its roadmap, and adding to ecosystem gap areas will be prioritized (for raise in the range of $50K ~ $250K)

Investments
— Overall, VC interest is much more selective due to market conditions, but Toncoin.fund is restructuring leadership and will continue to look for investment opportunities best fit for TON ecosystem

Additionally, TON Society will soon incorporate and have its own ecosystem fund (type) capital to inject into the most promising projects going through the funnel (at whichever stage they enter). Open / Comment