As it strives to assist new initiatives, TON, the blockchain network for the web3 ecosystem on Telegram, has announced a new initiative.
One of the blockchains in the cryptocurrency space that is expanding the fastest is called TON, which Toncoin, the native cryptocurrency for staking, transaction fees, and governance, powers.
The TON blockchain team has announced the launch of TON Nest, a new initiative designed to give early-stage network projects access to mentorship and other forms of support.
The goal of TON Society, a group of blockchain enthusiasts, is to accelerate the growth of TON’s ecosystem on Telegram through the launch of Nest.
The new program by the TON Society Worldwide will give developers the opportunity to pitch concepts, receive workshops, and compete against other teams to win awards, according to a post made on the platform on August 16.
Early builders looking to deploy on TON will be able to take use of community- and privately-gated workshops with Nest. Users get access to this brand-new community just for builders.Â
TON Ecosystem Growth
The TON Society and artificial intelligence company HumanCode collaborated on an identity verification project in April of this year.
The project aimed to integrate web3 identification into the Telegram ecosystem by offering TON Society members an incentive program of $5.9 million.
Telegram has become an increasingly important component of these projects, drawing people into the blockchain and cryptocurrency area through initiatives like the March 2023 launch of the Open League project.
With more than 950 million active users per month, Telegram has a massive growth potential that has benefited not only Toncoin but also initiatives like Notcoin, Catizen, and Hamster Kombat.