Mar 26, 07:56 PM

Sequoia, Benchmark, and Draper Invest Over $400M in The Open Network (TON) to Support NFTs and Telegram's Creator Economy

The Open Network (TON) is experiencing a surge in investment, with over $400 million secured from prominent venture capital firms, including Sequoia, Benchmark, and Draper. These investments are aimed at establishing TON as a key component of Telegram's creator economy, facilitating activities such as NFTs and ad payments. The support from these well-known investors underscores the blockchain's potential for scalability and its role in enhancing Telegram's ecosystem. The upcoming TON Day at the Web3 Festival is set to showcase various sponsors, including topdotco, which offers development resources for TON, and dedust_io, a decentralized exchange focused on user experience.

#Open Network #TON #Sequoia #Benchmark #Draper #TO #Telegram #TON Day #Web3 Festival

Written with ChatGPT (GPT-4o mini).

Sources

ICO Drops@ICODrops
2 years ago
.@durov shared quotes about The Open Network @ton_blockchain from prominent investors https://t.co/7bucJJfBc5 https://t.co/WEI8fcHc2d
Mario Nawfal’s Roundtable@RoundtableSpace
2 years ago
JUST IN: SEQUOIA, BENCHMARK, AND OTHER TOP VCs HAVE INVESTED $400M+ INTO THE OPEN NETWORK (TON), BACKING ITS RISE AS THE BACKBONE OF TELEGRAM’S CREATOR ECONOMY. WITH NFTs, AD PAYMENTS, AND TELEGRAM APP ACTIVITY ALL RUNNING ON $TON, IT’S ONE OF THE FEW BLOCKCHAINS BUILT TO SCALE. https://t.co/etlENNEDe7 https://t.co/RVeGLGwOUl
Cointelegraph@Cointelegraph
2 years ago
🔥 NEW: Sequoia, Benchmark, and other top VCs have invested $400M+ into The Open Network (TON), backing its rise as the backbone of Telegram’s creator economy. With NFTs, ad payments, and Telegram app activity all running on $TON, it’s one of the few blockchains built to scale. https://t.co/83QZbrP79B

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