2024-09-19
Sept 18, 2024 - Bitget and Foresight
Ventures have made an investment of $30 million in the Open Network (TON)
blockchain.
This strategic move aims to accelerate
the development of TON-based projects on Telegram, particularly those
integrated with Telegram with a particular focus on popular click-to-earn games
like Hamster Kombat and Notcoin.
The investment will be used to acquire
TON tokens and support the growth of the TON ecosystem.
The companies stated that this
financial commitment will deepen their involvement in the governance and
long-term development of the TON blockchain. “This investment will be
distributed through the acquisition of TON tokens,” they confirmed, signaling a
strong focus on the future of decentralized gaming and applications within the
Telegram ecosystem.
This investment highlights the growing
interest in TON, which has seen substantial growth in on-chain transactions and
decentralized applications (DApps) within its ecosystem.