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TON - Undisclosed
Overview
Funding Date
May 16, 2023
Financing amount
--
Valuation
--
Catagory
About TON - Undisclosed
Mask Network, one of the world’s leading decentralized social networks, has announced an investment in The Open Network (TON) to further develop its ecosystem at large and provide innovative solutions for people across networks.
Investors
Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
---|---|---|---|---|---|---|
Corporate | -- | 2019 | 61 | -- |
Founders & Team
Nikolai Durov
Pavel Durov
Company Profile / Project Introduction
TON is a fifth-generation proof-of-stake blockchain designed by Telegram and led by an open community of developers. The Open Network (TON) is a decentralized and open internet platform made up of several components. These include: TON Blockchain, TON DNS, TON Storage, and TON Sites. TON Blockchain is the core protocol that connects TON’s underlying infrastructure together to form the greater TON Ecosystem. TON is focused on achieving widespread cross-chain interoperability, while operating in a highly scalable secure framework. TON is designed to process millions of transactions per second (TPS), with the goal of eventually reaching hundreds of millions of users moving forward.