Ton ecosystem is booming, here is a quick overview of 14 new rounds of foundation grant projects

Original | Odaily Planet Daily

Author | Nanzhi

Yesterday, the TON Foundation announced the latest list of Grant projects to support innovations in social Web3, games, DeFi and other fields. Notcoins listing on Binance and OKX further boosted the popularity of TON ecological projects. Odaily Planet Daily will interpret the business of the 14 Grant projects in this round in this article.

GameFi

Jump Trade

Business: Jump Trade is currently positioned as an NFT trading market , supporting the issuance, trading and auctioning of assets . In terms of asset issuance, it is currently involved in the issuance of ten games, most of which are NFTs with a total of 10,000 units ranging from a few dollars to tens of dollars; in terms of trading, it currently only opens three game asset transactions, including MCL BALL NFT, Raddx Cars, and Hurley Avatar, and the auction also includes these three games.

The official reason for winning the TON Grant is that it is a Telegram mini-application developer, currently developing three games: Classic Puzzle Game, Cards 21, and Basketball Shots. There is currently no direct participation entrance or introduction to these three games.

EdChess

Business: EdChess is a chess game embedded in Telegram, dedicated to providing a new experience for chess players. In addition to learning, training and education, it introduces monetization features into the game. Currently, users can link TON wallets in the game or transfer TON tokens to a dedicated wallet , but no details on how to use cryptocurrencies have been disclosed.

Platform and community tools

XPLUS

Business: XPLUS is an application that integrates entertainment and learning, aiming to introduce users from Web2 to Web3 through immersive trading simulation games. XPLUS hopes to test user skills in these games, learn new strategies, and experience the excitement of the market in a risk-free environment.

Users can win tokens XCOIN while participating in the game and redeem them for governance tokens $X in the future.

Currently, the XPLUS main interface includes four games, namely:

The Top 8 Titans: Guess which coin dropped the most in 15 seconds (left picture below);

Shark Battle Royale: guess the TON price in 30 seconds (right image below);

Two pure draw games Harvest Shake and Capsule Shakega.

tbook

Business: Project task platform, similar to Galxe, Zealy and other platforms, will provide token allocation plan evaluation, data analysis, one-stop token governance platform and other functions for Web2 and Web3 projects. It has not yet been officially launched and the first project will be launched soon.

vSelf

Business: vSelf is a brand community service platform. They believe that current brands are facing severe challenges, including weakened customer connections, difficulty in locating target customers, and difficulty in understanding new types of customers. vSelf plans to provide brands with easy-to-use Web3 tools to enhance loyalty, conduct customer relationship management, and omnichannel digital marketing.

SocialFi

Moons.so

Business: Telegram has a built-in social platform where users can join various niche organizations and communities to freely discuss topics, news, and play games.

Tokens: Currently, there is a platform token called MOON, which users can obtain through join-to-earn, engage-to-earn, quest-to-earn (i.e., joining the community and discussing topics), etc. In addition, Moons.so provides a large-format portal for other mini-games, where users can participate and obtain MOON tokens and other project tokens.

TELE

Business: Officially defined as social infrastructure, it is actually a one-click coin issuance platform based on the information currently released. KOLs or users can deploy tokens through TELE, and participants pay to mint tokens, and the deployer will receive 90% of the fee. TELE will soon launch a trading market for these tokens.

DeFi

Thunder Finance

Business: One-stop liquidity mining platform that supports developers to quickly create liquidity mining pools. No more information is available at this time.

United Finance

Business: United Finance aims to provide users with a way to quickly package assets and earn passive income. After users package their assets, United Finance will help users invest their tokens into yield-generating strategies and automatically distribute the income. Currently, the main product of the protocol is wuTON, an interest-bearing token supported by TON. Other categories are still under development.

Nexton

Business: Nexton aims to be the Jito of the TON chain, where users can stake their TON to get Nexton NFTs and will earn profits from staking and arbitrage gains.

infrastructure

Symbiosis

Business: Symbiosis is a long-established decentralized cross-chain protocol that has completed over 1.2 million cross-chain transactions with a cumulative amount of over $1.4 billion. Symbiosis currently supports cross-chain between TON and 27 other chains, allowing cross-chain assets from various EVMs to TON.

Koala

Business: Cross-chain solution. Through Koala鈥檚 unified platform, users are able to use TON tokens to interact with other networks without having to hold the native tokens of each chain.

market place

MuggleLink

Business: Web3 payment gateway, aims to provide mobile payment solutions for 1.8 million unbanked people. Users can pay directly with cryptocurrencies such as USDT and BTC, and MuggleLink will cash out directly to merchants through its MugglePay SDK. It eliminates middlemen and supports global payments, but charges a 1% settlement fee.

Bion

Business: A branded goods trading market where users can purchase a range of branded goods such as beauty products (such as Nykka), services (such as adidas), and electronics (such as Dell) through the platform. The unique feature is that users can invite other users to purchase and receive cryptocurrency rebates.

in conclusion

From the technical and product level, none of the above projects have any special innovations or highlights. The only advantage is still Telegrams huge user base and fission ability. Therefore, projects with viral transmission capabilities are more worthy of attention , including XPLUS and Moons.so.

This article is sourced from the internet: Ton ecosystem is booming, here is a quick overview of 14 new rounds of foundation grant projects

Related: Tron (TRX) Analysis: Here’s When a Recovery Rally May Occur

In Brief Tron price has been attempting to close above $0.121 for a while now, and broader market cues could trigger a rally. MACD and ADX are both currently exhibiting potential incoming bullishness. The Funding Rate noted an uptick in the past 24 hours, suggesting a surge in optimism. Tron’s (TRX) price will likely note a boost in the coming days from the broader market cues and investors’ bullishness. The question is whether TRX will manage to see the rally through or if it will halt halfway. Tron Investors See Potential Tron’s price trading at $0.118 observes several bullish cues, primarily from investors. This is evident in the Funding rate of the asset. The funding rate in crypto refers to a fee paid between traders to balance the market. Positive…