TON Society Updates (11 May) TON Society is where builders me | TON Community

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).