TONX Launches $5M Accelerator Program for Developers

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Published: May 20, 2024 at 10:36 am Updated: May 20, 2024 at 10:36 am

In Brief

TONX, Asia’s official TON partner, bridges the gap between Telegram’s 900 million users and Web3. TONX empowers Web3 startups and individuals with tools, services, and mentorship. Their acclaimed TON Hacker House in 2024 fueled a wave of innovative Web3 projects

(May 20th, 2024) TONX, Asia’s earliest TON Venture studio, announced the launch of the TONX Accelerator Program, backed by a $5 million funding pool. The accelerator program brings together Asia’s top developers who are passionate about advancing the Telegram ecosystem.

Telegram, with over 900M users, launched an ad revenue-sharing program for channel owners in February, paid solely on TON. The launch led to a significant increase in activity on TON, now Telegram’s dedicated platform running its robust advertising ecosystem.

Joining the TONX Accelerator Program is the next step for developers eager to build Wallets, DeFi, Bots, and dApps on the thriving Telegram ecosystem. It is a special accelerator for the Telegram ecosystem as the program brings world-class mentorship and support to Asia’s elite developers. The TONX Accelerator Program is supported by TON Foundation, TonFura, and TonBit.

Participants in this upcoming accelerator will receive various benefits including potential investment from TON Ventures, TONX, and VC partners of the accelerator program. Projects in the accelerator will have the chance to scale globally and receive marketing, technical, and business support from TON project founders and the TON team. To equip the developers with top-tier support, TON and TONX will be hosting two bootcamps in Hong Kong and Taipei.

Teams and developers can submit their projects to the TONX Accelerator Program today using the Application Form. Applications run from May 20th to June 3rd, 2024.

About TON

TON is a decentralized and open internet platform, including TON Blockchain, TON DNS, TON Storage, and TON Sites. TON Blockchain is the core protocol that connects TON’s underlying infrastructure together to form the greater TON Ecosystem.

Website | X | Telegram

About TONX

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About The Author

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.