KuCoin pledges $20K grant to TON Foundation for ecosystem development

KuCoin Ventures, the venture arm of Seychelles-registered crypto exchange KuCoin, will provide grants to The Open Network (TON) blockchain platform, including an initial $20,000, to support the growth and expansion of the TON ecosystem.

According to a Dec. 1 statement, the funding will support TON ecosystem projects, including five payments or game finance (GameFi) platforms, research and development efforts, community-building, marketing activities and incubation initiatives, such as the TON Bootcamp.

Ian Wittkopp, accelerator head at TON Foundation, said the grants from KuCoin aid them in continuing to support real-world blockchain solutions in payments and gaming within its ecosystem….

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