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Gate.io has introduced a $10 million strategic funding in The Open Community (TON) blockchain. This funding goals to boost collaborations with the TON Basis and speed up the expansion of Telegram-based tasks.
With this funding, Gate.io plans to deepen its involvement within the governance of the TON blockchain and contribute to its ongoing improvement. The corporate will even concentrate on launching new merchandise, resembling an official CeFi-driven Telegram mini-app and a Gate Pockets inside Telegram, to additional help and broaden the TON ecosystem.
Gate Group can be actively taking part within the TON Society’s Hackers League hackathon, one of many largest hacker occasions of the yr. Providing a complete prize pool price as much as $2 million and that includes key bounty tracks from main TON tasks, this occasion guarantees to be a groundbreaking expertise for individuals. An offline bootcamp can be held throughout 19 cities worldwide, fostering world participation and innovation.
TON-based tasks current a compelling use case for mass adoption via the Telegram ecosystem, which has seen appreciable progress because it expands its companies to Web3 startups. Dr. Lin Han, Founder and CEO of Gate.io, famous, “The TON ecosystem holds robust potential because of its giant Telegram consumer base and quick, low-cost blockchain expertise. This makes it a super platform for attracting Web3 purposes and builders, with promising prospects for large-scale consumer progress and community results.”
Whereas Telegram and TON function as separate entities, the messaging platform and blockchain protocol stay carefully aligned, making a unified surroundings for innovation.