Web 3 Development

The largest projects in the TON ecosystem, including Bitget Wallet, Catizen, Banana, Tonkeeper, and Yescoin, converged in Taipei.The Open Summit, the largest TON event of the summer, has successfully concluded with over 13,245 attendees. Powered by <a href="https://tonx.ai/" rel="noopener noreferrer nofollow">TONX</a> and supported by the global TON community, The Open Summit was held from August 6-8, 2024 at the Taipei Nangang Exhibition Center TaiNEX2.Despite market fluctuations, enthusiasm for TON remained strong, with over 30 leading TON ecosystem partners, TON Society leads, game developers, and investors gathering in vibrant Taipei. TON is widely recognized as the <a href="https://www.coindesk.com/opinion/2024/06/20/telegram-is-cryptos-adoption-machine/" rel="noopener noreferrer nofollow">mass adoption engine</a> of Web3.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdXoCXj0WOdrn23ylLAvsOKn2IS8eraKzC6QgACtbRWtXXG6puelo41M4_kQaW1F8RTxDHnDuGvYwioqJbjPy0iV-SqgF7zHORPY1PwkykafXwXYLqCtX5m4KkjvVdCXkMeKxa2WNdL5v1jPvq7NwbCZtQ?key&#61;rLMx68BlW611IbO7lR-qUA" />TONX Successfully Raised $4 Million from Leading Asia-Pacific Venture Capital (TONX)<h2 id="header-0">TON Ecosystem Unveils Major Developments at The Open Summit</h2>The Open Summit was a stage for major TON announcements, reflecting the rapid expansion of the TON blockchain ecosystem. TONX secured <a href="https://coinmarketcap.com/community/articles/66b4c266f21046238ddbdb12/" rel="noopener noreferrer nofollow">$4 million</a> in funding from leading Asia-Pacific venture capital firms SNZ Holding and Summer Ventures. Additionally, TONX announced a strategic partnership with<a href="https://beincrypto-com.webpkgcache.com/doc/-/s/beincrypto.com/iotex-unveils-modular-depin-development/" rel="noopener noreferrer nofollow"> IoTeX to bring DePIN technology </a>to 950 million Telegram users.TONX ID also revealed collaborations with over 20 <a href="https://x.com/TONX_Studio/status/1820456221411045818" rel="noopener noreferrer nofollow">Summer Gift Bag</a> partners. Tonkeeper introduced its new <a href="https://tonkeeper.com/signer" rel="noopener noreferrer nofollow">Signer App</a>, enhancing security and user experience within the TON blockchain ecosystem. Meanwhile, Televerse, founded by veterans of WeChat Mini Games, successfully completed a <a href="https://www.binance.com/en/square/post/2024-08-09-televerse-secures-1-million-seed-funding-to-enhance-blockchain-gaming-platform-11943132964761" rel="noopener noreferrer nofollow">$1 million seed funding round</a>, highlighting the growing interest in TON blockchain gaming. Catizen announced the launch of the Catizen Game Center, which includes over 200 mini-games, and an upgrade to its gaming bot, further expanding its gaming ecosystem.Other notable announcements included the launch of Genopets&#39; latest social PvP battle game, <a href="https://www.genopets.me/articles/ready-to-battle-introducing-genopets-pixelton-arena-clzlqik4y004778t2sra0702l" rel="noopener noreferrer nofollow">Pixelton Arena</a>, now live as a Telegram mini-app. Tonbit introduced the first <a href="https://ctf.tonbit.xyz/" rel="noopener noreferrer nofollow">Capture The Flag</a> competition on TON, and <a href="https://medium.com/xpluscom/announcing-xplus-the-mini-game-launcher-and-accelerator-revolutionizing-the-mini-game-industry-c6bca56ea7b4" rel="noopener noreferrer nofollow">XPLUS</a> unveiled its Game Launcher and Accelerator program. Lastly, Yescoin revealed the Yes Angel initiative, aimed at uniting the community and rewarding contributors who make outstanding contributions to the platform.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcd6iBmDJmJKMDNBiDrDHQlxqLUCXGoTvmrbAcMYPKB4aO4tldr2VLOVSdrXfzsL-CchwGkXKJB98tGzDjMNebDUrQ8prnbLZ1I8fzFA7Nt0bUIFIPY0fc4_9Q8HhpJsCbOWc0XLJRA0YcasIaS_uzyzcfD?key&#61;rLMx68BlW611IbO7lR-qUA" />Key Speakers at The Open Summit (TONX)<h2 id="header-1">Over 40 TON Ecosystem Speakers Converge at The Open Summit in Taipei</h2>Key discussions highlighted the innovation and leadership within the TON ecosystem. Steve Yun, President of the TON Foundation, set the stage with an opening keynote, offering insights into the platform&#39;s vision and its role in advancing blockchain technology. In the session &#39;Reimagining Entrepreneurship,&#39; Luke Belmar, President of Capital Club, and Jack Booth, CMO of TON Society, explored how blockchain is reshaping entrepreneurship.Another important discussion, &#34;Enhancing Blockchain Ecosystems,&#34; featured Dr. Awesome Doge, Co-Founder of TONX, and TM Lee, CEO/Co-Founder of CoinGecko who emphasized the critical role of data providers and infrastructure. The summit also included a fireside chat with Xin Song, CEO of GSR, and Yongjin Kim, Founder &amp; CEO of Flipster, moderated by Timmy Shen, Asia Editor of The Block. Together, they explored the evolving landscape of blockchain trading platforms.These sessions collectively showcased The Open Summit as a cornerstone for blockchain thought leadership.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcqdVK5PbVE_gGjn6E8qGJnhmGYEe_wKy0nvKVWbyobW0TRtSWKXOFaD2ce341_8aT-FF0nJE79DE5RyNQJ7XrL4UImFBSPAq2y2ghHdlDsXHIKEJ0jMhuyGX1alEuTN69OzEoO-vRIsC2rpCoD68UUWugM?key&#61;rLMx68BlW611IbO7lR-qUA" />The Open Summit Summer Gift Bag (TONX)<h2 id="header-2">TONX ID Partners with Over 20&#43; Leading TON Ecosystem Projects including Yescoin, Catizen, and Banana</h2>A highlight of The Open Summit was the interactive engagement with the TON ecosystem through TONX ID, accessible via the Telegram app. TONX ID is a vital digital credential designed to connect communities across the TON ecosystem, bridging the gap between businesses, developers, and investors.Attendees with TONX ID had the opportunity to participate in exclusive giveaways and receive complimentary gifts from top projects within the TON ecosystem. These projects, with a combined user base of over 200 million, included Catizen, Yescoin, Banana, Blum, Genopets, QuackQuack, Travel Frog, RoOLZ, Whycoin, Tradoor, WatBird, XPLUS, Dexpert, Chickcoop, TONWIFHAT, The Open Exchange (TOX), Yuliverse, PiggyPiggy, AEON, AAO Games, and Hippo Finance.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfQAakAeghlGCIU7KjaKPgD2KxfC2V8V3Zlp22YTJOMlqhIr9qMWnW_Y9OoXCprvy7Nhc4zP0NPxKxJL0y99EYOs-xnnuabn3Biq0t3dfNTvnox1RHuZ7Re77Y12kpmFGBunJKaOUzDLn-wpsjLPJFb1_6-?key&#61;rLMx68BlW611IbO7lR-qUA" />Summer-Themed Chill Area with Activations from Catizen, RoOLZ, and Banana (TONX)<h2 id="header-3">Interactive Experiences at The Open Summit, Featuring a Summer Chill Area and 1,900 Bananas</h2>The Open Summit redefined the typical tech event experience with its summer-themed chill area, a vibrant reflection of the real-life applications of TON and the fun, community-driven spirit of the ecosystem. This area became the hub of connection and networking at ABS2024, where attendees could enjoy coffee from RoOLZ, savor hotdogs and kombucha from the Catizen-themed food truck, and grab one of over 1,900 Taiwanese bananas, powered by Banana by Carv. This unique space highlighted how TON not only powers innovative technology but also creates enjoyable, engaging experiences for its community.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeqJnhzd9ivUv08kBg8pG_xRDPROJr1FZ2bVG0WtwgoHM0RkZ3RMPVf8EFvZrxa3kvuf_rcQwIxeeIsF0d5-QAiTpQc-gh3YM7l2UWW58HKTk3BbbY5aEHfAK1F9NSXVDo_Le177LK9GUgRSyysExkSO21r?key&#61;rLMx68BlW611IbO7lR-qUA" />Code Summer Hackathon Winners: Tradoor, TON Polling, and The Open Ocean (TONX)<h2 id="header-4">Code Summer Hackathon: $1M Prize Pool Powered by MEXC Venture</h2>The three-day Code Summer Hackathon offered participants the chance to compete for a share of more than $1M in prize pool. TONX contributed $500K, showcasing its commitment to supporting developers as a SuperApp platform layer. <a href="https://m-ventures.io/" rel="noopener noreferrer nofollow">MEXC Ventures</a>, a comprehensive fund under <a href="https://www.mexc.com/" rel="noopener noreferrer nofollow">MEXC Group</a>, contributed a $500K prize pool and <a href="https://www.kucoin.com/kucoin-ventures" rel="noopener noreferrer nofollow">KuCoin Ventures</a>, a fund that supports Web3 builders both financially and strategically under <a href="https://www.kucoin.com/" rel="noopener noreferrer nofollow">KuCoin</a>, supported developers with a $50K prize pool.The hackathon attracted over 500&#43; developers worldwide, with fourteen teams advancing to the final demo day in Taipei. Finalists included Banana, All at Once, Tradoor, QuackQuack, TON Polling, FansNetwork, TokenSpritz, Chick Coop, Pea.AI, TONCA$H, GEDA, SnapX, WonerBits, Cat Battle, and The Open Ocean. The top three winners were:<ul><li>1st Place: Tradoor</li><li>2nd Place: TON Polling</li><li>3rd Place: The Open Ocean</li></ul><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfHCtNkPandTzBy6Vh3BhJU1K5wKD18rhpCYbjyIIHMljWLodoNmccczGpf80A_In2DguOhh8WR2It7vKRtCpboCwSTm_1THmUPkPjyICDEHbSkGp4BZEqxgArxG-c4jIxe9yDjZsJgIvw1A582ZVNo08MX?key&#61;rLMx68BlW611IbO7lR-qUA" />The Open Summit Official Partners (TONX)<h2 id="header-5">Key Supporters of The Open Summit</h2>The success of The Open Summit was made possible by the generous contributions of our partners:Stage Partners: TON Society, Bitget Wallet, CatizenEpic Partners: MEXC, Banana Powered by Carv, RoOLZ, KuCoin, TMM Club, TonGiftsPartners: Travel Frog, AAO Game, QuackQuack, Genopets, TONWIFHAT, AEON, Yuliverse, Flipster, Tonkeeper, Tradoor, Whycoin, Mocaverse, TonBit, Televerse, Beaverland, TOX: The Open ExchangeThe momentum displayed at The Open Summit set a new benchmark for technology events, leaving the TON community eager to contribute to the 950 millions strong Telegram ecosystem.For more information, please contact:CC Chen | cristine&#64;tonx.tg<h2 id="header-6">About The Open Summit</h2>The Open Summit is the largest TON summit this summer. It is a landmark event for the global TON community with talks and hackathons. Powered by TONX and supported by the global TON community, the summit took place from August 6-8, 2024.<a href="https://ton.abs.io/" rel="noopener noreferrer nofollow">The Open Summit Website</a><h2 id="header-7">About TONX</h2>TONX is the SuperApp platform layer that enables builders to create the new Web3 economy. As the pioneering partner of TON, TONX offers an open platform that connects developers, investors, and users to shape the frontiers of innovation. Their acclaimed TON Hacker House in 2024 fueled a wave of innovative Web3 projects. TONX API, a key product of TONX, is the driving force behind the 950 million-user Web3 SuperApp ecosystem.<a href="https://tonx.studio/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://x.com/TONX_studio" rel="noopener noreferrer nofollow">X</a> | <a href="https://t.me/TONXstudio" rel="noopener noreferrer nofollow">Telegram</a> | <a href="https://x.com/TONXEvent" rel="noopener noreferrer nofollow">TONX Event X</a> | <a href="https://x.com/TONXEvent" rel="noopener noreferrer nofollow">TONX Event Telegram</a>Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Highlights From the Open Summit:TON’s Most Influential Event of the Summer, Powered by TONX

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