The integration of the Telegram Ad Platform with the TON blockchain marks another milestone in the ongoing development of Web3 platforms. With Mirana Ventures joining the TON ecosystem through an $8 million investment in Toncoin, the potential for growth and innovation within this space is becoming increasingly evident.
Bybit’s involvement in the TON ecosystem, particularly through initiatives like the cashback program and staking involving Toncoin, underscores the value that companies see in tapping into Telegram’s massive user base. The success of these initiatives, with over $22 million in trading volume generated by 130,000 Telegram users, highlights the platform’s potential as a lucrative advertising space.
Despite the initial legal challenges faced by Telegram and the subsequent handover of the TON project to open-source developers, the establishment of the TON Foundation in 2021 has provided a new avenue for development and collaboration within the ecosystem. The integration of TON Space with Mantle Network further expands the utility of Toncoin and opens up new opportunities for engagement within the Telegram platform.
Mirana Ventures’ partnership with Mantle, Bybit, and the TON Foundation underscores the potential for synergy and growth within the ecosystem. As Web3 investment continues to gain momentum, the TON blockchain’s connection to Telegram positions it as a key player in accelerating mass adoption within the crypto and Web3 space.
The involvement of Animoca Brands as the largest TON validator further solidifies the ecosystem’s credibility and potential for expansion. With significant investments and partnerships in place, the TON ecosystem is poised to play a significant role in shaping the future of decentralised communication and advertising platforms.