Sunday, September 29, 2024 – Bitget and Foresight Ventures had invested $30 million in the TON blockchain, a report on September 18 announced.
Bitget is a leading crypto exchange, and Foresight is a crypto investment firm.
The collaborative investment of Web3 firms in The Open Network (TON) is aimed at the development of Telegram-based projects, particularly on tap-to-earn games.
The growing tendency of the users towards Telegram-based video games such as Hamster Kombat and Notcoin had spurred both firms to an investment.
Telegram and TON operate independently, whereas the messaging app and protocol work closely for efficient performances.
The Open Network ecosystem encourages the Web3 startups widening the crypto market opportunities.
