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TON Ventures raises $40M fund to support early-stage crypto projects


TON Ventures has raised $40 million for a for-profit venture capital group to support early-stage crypto projects.

TON, or The Open Network, said it is crucial for gaming because it offers a highly scalable and efficient infrastructure capable of handling millions of transactions per second, which is essential for real-time multiplayer experiences. Now, we have the exciting opportunity to share our insights and strategies for thriving in the unique design space created by TON and Telegram, empowering a new generation of innovators and builders. As evidenced by the meteoric rise of Notcoin, a game that attracted 35 million players in 3 months, and gave away over 90% of its token supply to its community.

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