Tonstarter has closed a $1.5 million seed round, marking an important milestone for the crypto Toncoin (TON).
The TON Foundation is a non-profit association of developers and enthusiasts that exists to advance TON, a revolutionary technology that combines all blockchain and Web2 Internet into one open network.
Tonstarter is the main fundraising platform on TON and will support a wide range of projects across the TON ecosystem, including decentralized finance (DeFi), decentralized exchanges (DEX), non-custodial wallets, lending and borrowing protocols, gaming, and the metaverse.
Funding for Tonstarter comes from Kingsway Capital, an investment management firm; Gate.io, the cryptocurrency exchange; and DWF Labs, a subsidiary of Digital Wave Finance (DWF), one of the fastest growing high-frequency cryptocurrency trading entities in the world.
(By Andrea Porcelli)
All Comments