OKX Ventures, The Open Platform, and Folius Ventures jointly launch Telegram Growth Hub, a $10 million accelerator program
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OKX Ventures, The Open Platform, and Folius Ventures jointly launch Telegram Growth Hub, a $10 million accelerator program
Telegram Growth Hub aims to support user onboarding, transactional innovation, and new Mini Apps experiences within the Telegram ecosystem.
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On October 30, 2024, OKX Ventures, The Open Platform (TOP), and Folius Ventures announced the launch of the $10 million Telegram Growth Hub. The initiative will fund and support projects on TON that enhance user engagement, aiming to drive innovation within the Telegram ecosystem and expand its Mini Apps ecosystem.
The "Telegram Growth Hub" will focus on three key areas:
• User Onboarding and Educational Tools: Simplify user onboarding through intuitive UI/UX and educational tools, making it easier for new users to access projects in the Telegram ecosystem
• Transaction-Related Features: Develop on-chain transaction capabilities including DEX and NFT trading, liquid staking, and other advanced trading functionalities
• Expansion of the Mini Apps Ecosystem: Promote innovative Mini Apps on Telegram, including games and entertainment applications that broaden TON's use cases
Selected projects will receive comprehensive support, including:
• Funding support for talent recruitment and community building
• Access to OKX’s developer resources such as OKX Connect, a new solution that simplifies wallet integration for TON developers
• Access to TOP’s development toolkit and infrastructure support, including Tonkeeper, TON Apps API, Playdeck, Ton App Chain, Ston.fi, and the Getgems NFT platform, helping accelerate user growth on TON
• Mentorship from experts, networking opportunities, marketing assistance, and potential introductions to partners of OKX, TOP, and Folius Ventures
The "Telegram Growth Hub" will select up to 10 promising projects for a two-month accelerator program. Selected teams will be eligible for funding from the $10 million fund. The application deadline is November 29, 2024.
To apply, visit: https://tally.so/r/mJk9R7
Jeff Ren, Partner at OKX Ventures, said: “We’ve long recognized the immense potential of the Telegram ecosystem and the significance of its choice of TON as the preferred public blockchain. The seamless integration of TON with Telegram’s massive user base—nearly one billion monthly active users—lays the foundation for widespread adoption. This program demonstrates our commitment to supporting innovative projects that will shape the future of decentralized applications on Telegram. We look forward to developers leveraging this opportunity to create new utilities that meet the diverse and growing needs of Telegram’s user base.”
Andrey Klebanov, Managing Director at TOP, said: “At TOP, our mission is to equip developers with the tools and resources they need to build impactful and scalable solutions on TON. By partnering with OKX Ventures and Folius, we’re further empowering developers with financial backing and expert guidance to bring transformative projects to life within Telegram’s thriving Web3 ecosystem.”
Jason Kam, Founder of Folius Ventures, said: “Since its inception, Folius has aimed to achieve broad user adoption by significantly reducing friction in onboarding and on-chain operations. We see tremendous potential in TON and Telegram to realize this vision. The impact of the TON ecosystem on the broader Web3 space is profound and undeniable. We’re excited to contribute to mass adoption by supporting this growth initiative.”
The "Telegram Growth Hub" marks a significant step toward fostering innovation in the rapidly expanding Telegram ecosystem. With Telegram’s user base growing by approximately 2.5 million new users per day, the fund aims to leverage this momentum to drive the development of next-generation products for mass user adoption.
About OKX Ventures
OKX Ventures is the investment arm of OKX, a leading global cryptocurrency exchange and Web3 technology company. It focuses on identifying top blockchain projects worldwide, supporting cutting-edge blockchain innovations, promoting the healthy development of the global blockchain industry, and investing in long-term structural value. OKX Ventures is committed to supporting entrepreneurs who contribute to the blockchain industry, helping them build innovative companies and providing blockchain projects with global resources and institutional experience.
To learn more about OKX Ventures, please click here:
https://www.okx.com/zh-hans/ventures
About The Open Platform (TOP)
The Open Platform (TOP) is a venture capital and builder platform focused on early-stage projects on the TON blockchain. TOP offers developers an all-in-one toolkit of funding, expertise, and technical resources—including wallets, developer tools, SDKs, APIs, and marketplaces—to help build scalable Web3 products for mass adoption.
For more information, visit: https://top.co
About Folius Ventures
Folius Ventures was founded in September 2021 as a hybrid investment fund focused on the Asia-Pacific region's Web3 market, with a preference for small-cap or seed/early-stage projects. Headquartered in Asia, the firm primarily invests in the application layer, including B2C applications, gaming, centralized exchanges, and other products with clear business models and cash flow potential. To learn more about Folius Ventures, visit their website:
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