The Open Network, known as TON ecosystem, recently secured an $8 million investment from Mirana Ventures, a web3 company. This strategic investment is set to fuel the development of Telegram’s Web3 SuperApp and foster collaboration with other blockchains like Mantle Network.

Collaboration for Mass Adoption

The TON team, in partnership with Mirana Ventures, aims to introduce the SuperApp to drive the mass adoption of blockchain technology. By accelerating the development of a user-friendly application, they are paving the way for wider acceptance of blockchain technology.

Impressive Growth and Recognition

TON has experienced significant growth in recent weeks, with the Toncoin project’s native token soaring by 30% in the past month. This growth has garnered the project a nomination for the 2024 CoinMarketCap Crypto Awards, showcasing its potential in the cryptocurrency market.

Enhancing Token Utility

Founder of Telegram, Pavel Durov, unveiled a new financial reward system for the TON cryptocurrency. Channel owners on Telegram from over 100 countries will now receive 50% of the advertising revenue earned by the messenger. Additionally, measures have been implemented to limit the platform’s TON share to around 10% of the total issue, aiming to reduce volatility and attract more long-term cryptocurrency investors.

For more updates and news on the cryptocurrency market, explore Global Crypto News.

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