TON Society launches new program to support early TON developers

TON, the blockchain network of the web3 ecosystem on Telegram, has announced a new program to support new projects.

Powered by its native cryptocurrency Toncoin (TON) for management, staking, and transaction fees, TON is one of the fastest-growing blockchains in the crypto industry.

What is TON Nest?

The TON blockchain team has announced the launch of TON Nest, a new program aimed at providing mentorship and other support resources to early-stage projects on the network. Nest is an initiative of the TON Society, a network of blockchain enthusiasts focused on accelerating TON’s ecosystem growth on Telegram.

The platform shared on X on August 16 that TON Society Worldwide’s new program will offer developers the opportunity to present their projects, attend workshops, and compete with other teams to win prizes.

Early stage builders looking to deploy on TON with Nest will have the opportunity to take advantage of private, community-based workshops. Participants will have access to this new community just for builders.

Growth of the TON ecosystem

In April of this year, TON Society collaborated with AI firm HumanCode on an identity verification project. The project provided a $5.9 million incentive program to TON Society members with the aim of bringing web3 identity to the Telegram ecosystem.

Telegram is becoming increasingly important to these initiatives, drawing users into the blockchain and crypto space with programs like the Open League initiative, which launched in March 2023.

With over 950 million monthly active users, Telegram presents a huge growth opportunity that helps not only Toncoin but also projects like Notcoin (NOT), Hamster Kombat, and Catizen.