Friday, March 14, 2025

OKX Ventures and Partners Launch $10 Million Telegram Growth Hub

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KEY TAKEAWAYS

  • Seven projects have been selected for the Telegram Growth Hub, aiming to develop applications on the TON blockchain.
  • Projects like ShareX and Up Network are leveraging TON for real-world utility and decentralized infrastructure.
  • The acceleration program offers resources and mentorship to expedite development on TON.
  • Applications for future cohorts remain open, encouraging developers to build on the TON blockchain.

Seven projects have been selected for the inaugural cohort of the $10 million Telegram Growth Hub, a collaborative initiative by OKX Ventures, The Open Platform (TOP), and Folius Ventures. Each project aims to develop practical applications on the TON blockchain, leveraging its infrastructure and Telegram’s extensive user base. The announcement was made here.

Real-World Utility and Innovative Solutions

Among the selected projects, ShareX is working on a sharing economy framework starting with power banks, using their Deshare Protocol to integrate real-world assets onto TON. Up Network is creating ambient intelligence solutions for decentralized physical infrastructure, with support from Borderless and Animoca.

In the trading and financial infrastructure sector, Zoo Finance INL is introducing Liquid Node Tokens (LNT) to standardize node ownership and trading, backed by CMS Holdings and Signum Capital.

Social Experiences and Gaming

Aria is developing a gaming ecosystem on TON, supported by Folius Ventures and Galaxy Interactive. Heyo is creating location-based social experiences, while Metya is building a next-generation dating platform that combines AI with decentralized physical infrastructure networks (DePIN).

FunX is introducing a platform for creative ideas, featuring the mini-game ‘Coin Wars’ to inspire passion for fun.

Acceleration Program and Future Opportunities

The selected teams will participate in a comprehensive two-month acceleration program designed to expedite their development on TON. The program offers capital for talent acquisition and community building, access to developer resources such as the OKX Mini Wallet, and mentorship from industry experts.

As the teams progress, updates on their development milestones and launches will be shared via social and community channels. Applications remain open for future cohorts, inviting developers interested in building practical blockchain applications on TON.


Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
Shree Narayan Jha
Shree Narayan Jha
Shree Narayan Jha is a tech professional with extensive experience in blockchain technology. As a writer for CoinsHolder.com, Shree simplifies complex blockchain concepts, providing readers with clear and insightful content on the latest trends and developments in the industry.

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