TON Foundation Unveils Startup Accelerator, Partners With Sign & 1inch

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As an analyst with a background in blockchain technology and experience in the crypto market, I am excited about the recent developments surrounding the TON Foundation’s new accelerator program, Triangle. The partnership with Sign and 1inch is a strategic move to leverage Telegram’s massive user base and TON’s growing prominence in the blockchain space.

As a crypto investor, I’m excited to share that the TON Foundation has recently announced the launch of their new startup accelerator program named “Triangle.” In collaboration with Sign and 1inch, this initiative is designed to foster growth within the crypto ecosystem on Telegram and The Open Network (TON). By bringing together key players in the blockchain industry, Triangle aims to bolster the TON community and promote innovation. Notably, the popular Telegram-based game, Notcoin, has joined as a partner, adding even more excitement to this dynamic program.

The software aims to capitalize on Telegram’s vast user community and TON‘s rising influence to promote the adoption of Web3. It plans to create intuitive applications and inventive “tap-to-earn” mini-apps as its primary focus. With an esteemed group of advisors and a clear objective, Triangle is poised to leave a substantial mark on the blockchain startup scene.

TON Foundation’s Strategic Partnership and Accelerator Launch

As an analyst, I would describe it this way: My role at Triangle is focused on advancing initiatives that improve the user experience within TON, as well as developing “tap-to-earn” mini-applications and consumer applications linking Web2 and Web3. Our objective is to bring millions of individuals to Web3 smoothly and intuitively, leveraging Telegram’s substantial user base.

As a crypto investor, I’m thrilled to be part of this community where we have an impressive lineup of mentors. These industry leaders include Xin Yan, CEO of Sign, Anton Bukov, co-founder of 1inch, Smokey, founder of Berachain, and Max Power, lead at Layer Zero, along with notable figures from the TON Foundation and Notcoin. This collaboration comes at an exciting time for TON as its native token is currently among the top ten cryptocurrencies by market capitalization, experiencing significant growth.

The introduction of Triangle signifies the growing connection between blockchain tech and popular messaging services, showcasing the immense possibility of extending the Web3 infrastructure via accessible apps.

TON Network’s Recent Developments & Market Impact

Lately, Binance has introduced compatibility for Tether (USDT) on the Toncoin Network. This announcement led to some price fluctuations in TON, causing a temporary increase followed by a swift decrease. Now, Binance users are able to move USDT across the Toncoin Network, which aligns with Binance’s plan to broaden its multi-chain capabilities.

The TON network has experienced a noteworthy rise in high-value transactions, with those worth over $1 million making up a substantial portion of its total on-chain volume as of late. This uptick in large transactions can be observed from the notable surge in US dollar transactions since TON’s price growth started in 2024.

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2024-07-10 20:50