The Telegram Growth Hub is designed to support user onboarding, transaction innovation, and new Mini Apps experiences in the Telegram ecosystem. 
On October 30, 2024, OKX Ventures, The Open Platform (TOP) and Folius Ventures announced the launch of the $10 million Telegram Growth Hub. Telegram Growth Hub will fund and support projects on TON that increase user engagement, aiming to promote innovation in the Telegram ecosystem and expand Telegram's Mini Apps ecosystem.
The Telegram Growth Hub will focus on three key areas:
• User Onboarding and Educational Tools: Simplify user onboarding through intuitive UI/UX and educational tools, allowing new users to easily access Telegram ecosystem projects
•Transaction related: Develop on-chain transaction functions, including DEX and NFT transactions, liquidity staking and other advanced transaction functions.
•Mini Apps ecosystem expansion: Promote Telegram’s innovative Mini Apps, including games and entertainment applications that expand TON user scenarios.
Selected projects will receive comprehensive support, including:
• Funding support for talent recruitment and community building
• Access OKX’s developer resources, such as OKX Connect, a new solution to simplify wallet integration for TON developers
• Access to TOP’s development toolkit and infrastructure support, including Tonkeeper, TON Apps API, Playdeck, Ton App Chain, Ston.fi, and Getgems NFT platform, to help rapidly expand the number of users on TON
•Expert guidance, networking, marketing assistance, and the opportunity to be introduced to partners at OKX, TOP, and Folius Ventures
Telegram Growth Hub will select up to 10 promising projects to enter a two-month acceleration program. The selected teams will be eligible for funding from a $10 million fund. The application deadline is November 29, 2024. To apply, please visit:
Jeff Ren, Partner at OKX Ventures, said: “We have long recognized the huge potential of the Telegram ecosystem and the importance of its choice of TON as its public chain of choice. TON’s seamless integration with Telegram’s large user base, coupled with Telegram’s nearly 1 billion monthly active users, lays the foundation for mass adoption of the ecosystem. This program demonstrates our commitment to supporting innovative projects that will shape the future of decentralized applications on Telegram. We look forward to developers taking advantage of this opportunity to create new utilities to meet the diverse and expanding needs of Telegram’s users.”
“At TOP, our goal is to provide developers with the tools and resources they need to create impactful and scalable solutions on TON,” said Andrey Klebanov, Managing Director of TOP. “By partnering with OKX Ventures and Folius, we further empower developers with the financial backing and professional support to realize transformative projects in Telegram’s thriving Web3 ecosystem.”
Jason Kam, Founder of Folius Ventures, said: “Since the founding of Folius, our core goal has been to enable widespread user adoption by significantly reducing the friction of onboarding and on-chain operations. We see great potential in TON and Telegram to achieve this goal. The impact of the TON ecosystem on the entire Web3 space is huge and self-evident, and we look forward to contributing to mass adoption by supporting this Growth Center initiative.”
The Telegram Growth Hub is an important step in promoting innovation in the rapidly growing Telegram ecosystem. With Telegram's user base growing at a rate of approximately 2.5 million new users per day, the fund aims to capitalize on this growth trend and drive the development of next-generation products to achieve mass user adoption.
About OKX Ventures
OKX Ventures is the investment arm of OKX, a leading global crypto asset exchange and Web3 technology company. It focuses on exploring the best blockchain projects worldwide, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value. OKX Ventures is committed to supporting entrepreneurs who contribute to the development of the blockchain industry, helping them build innovative companies, and bringing global resources and historical experience to blockchain projects. To learn more about OKX Ventures, please click here: https://www.okx.com/zh-hans/ventures.
About The Open Platform (TOP)
The Open Platform (TOP) is a venture capital and venture capital building platform focused on early-stage projects on the TON public chain. TOP provides developers with a one-stop toolkit of funding, expertise and technical resources, including key tools such as wallets, developer resources, SDKs, APIs and markets, to help developers build scalable Web3 products for widespread adoption. For more information, please visit: https://top.co. Social links: Linkedin | X
About Folius Ventures
Folius Ventures was founded in September 2021. It is a hybrid investment fund focusing on the Web3 market in the Asia-Pacific region, preferring small-cap or seed/early-stage projects. The company is headquartered in Asia and mainly invests in the application layer, including B2C applications, games, centralized exchanges and other products with clear business models and cash flow potential. For more information about Folius Ventures, please visit its official website: https://www.folius.ventures/
Disclaimer
For more information, please click: https://www.okx.com/zh-hans/learn/okx-disclaimer
