The first-ever IDO in the TON ecosystemOn Oct. 10, the TON network reached an important milestone: its first-ever IDO. The Fanzee project raised $100,000 from investors in as little as four hours.
The Tonstarter launchpad, where the IDO was held, received over 7,800 Waitlist applications; however, only 438 people were lucky enough to receive an allocation.
We’re humbled to see how thousands of people continue to show interest in independent products based on TON, believe in their future success, and are ready to invest money in early-stage startups.
Without a doubt, fundraising on TON will play a vital role in the network’s development, paving the way for more projects with solid teams joining the ecosystem.
