🔼OKX Ventures, The Open Platform, and Folius Ventures invest $10,000,000 to launch Telegram Growth Hub

Today, OKX Ventures' investment division, The Open Platform (TOP), and Folius Ventures announced the launch of the Telegram Growth Hub with a budget of $10 million.

The goal of the hub is to stimulate innovation on the TON blockchain and expand the ecosystem of Telegram mini-apps, while increasing user engagement on the TON platform.

Key focus areas of the Telegram Growth Hub:
- User acquisition and education tools: projects that simplify the registration process through intuitive interfaces and educational tools to make TON accessible to new users.
- Trading opportunities and networks: initiatives for on-chain trading features such as DEXs, NFT trading, liquid staking, and other advanced capabilities.
- Expansion of the mini-app ecosystem: innovative mini-apps for Telegram, including gaming and entertainment applications that expand TON's use cases.

Selected projects will receive the following comprehensive support:
- Funding to attract talent and build communities
- Access to developer resources, such as OKX Connect
- Access to TOP's toolkit and infrastructure, including Tonkeeper, TON Apps API, Playdeck, Ton App Chain, Ston.fi, and the Getgems NFT platform for development, scaling, and user engagement on TON
- Mentorship, guidance, and networking opportunities from experts, marketing support, and introductions to key players in the OKX, TOP, and Folius Ventures networks.

The Telegram Growth Hub will select up to 10 promising projects for a two-month acceleration program. Selected teams will be eligible for funding from the $10 million fund. Applications are open until November 29, 2024. You can apply here.

Let's take a look at some recent important investments in TON, from funds such as:
- $10 million from DWF Labs
- $10 million from Cypher Capital
- Animoca Brands
- Hashkey Group
- $300 million from Pantera Capital
- $30 million from Bitget and Foresight Ventures
- $10 million from Gate.io and others

Your growth hub @TonPost