{"id":30107,"date":"2024-05-03T09:35:00","date_gmt":"2024-05-03T09:35:00","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/pantera-capital-invests-in-ton-eyes-support-for-crypto-adoption-via-telegram\/"},"modified":"2024-05-03T09:35:00","modified_gmt":"2024-05-03T09:35:00","slug":"pantera-capital-invests-in-ton-eyes-support-for-crypto-adoption-via-telegram","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/pantera-capital-invests-in-ton-eyes-support-for-crypto-adoption-via-telegram\/","title":{"rendered":"Pantera Capital invests in TON, eyes support for crypto adoption via Telegram"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/toncoin-ton-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/toncoin-ton-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/toncoin-ton-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/toncoin-ton-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">Pantera Capital has announced it invested an undisclosed amount in TON.<\/span><\/li>\n<li><span style=\"font-weight: 400\">The venture capital firm says TON\u2019s integration with messaging platform Telegram could be a game-changer in crypto adoption.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Venture capital firm Pantera Capital has invested in The Open Network (TON) blockchain, the layer-1 network powered by <a href=\"https:\/\/coinjournal.net\/toncoin\/\">Toncoin (TON)<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400\">TON was originally launched by messaging app giant Telegram and currently run by the open-source community.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In details shared in an announcement on Thursday, Pantera Capital said its investment aims at bolstering future growth for TON amid the push to bring more people to crypto via Telegram. <\/span><\/p>\n<h2><span style=\"font-weight: 400\">Telegram integration boosts TON\u2019s potential<\/span><\/h2>\n<p><span style=\"font-weight: 400\">The VC platform\u2019s confidence in TON\u2019s future and capacity to drive crypto adoption is down to the extensive use of crypto in the Telegram network.<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400\">\u201cBy leveraging Telegram\u2019s vast user base and seamless UX with the vibrancy of TON\u2019s emerging ecosystem, we believe TON has the potential to become one of the largest crypto networks,\u201d Pantera wrote in the <a href=\"https:\/\/panteracapital.com\/blog-investing-in-ton-network\/\" target=\"_blank\" rel=\"noopener\">blog post<\/a>.<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">While Pantera did not disclose the amount involved in the investment, it says Telegram, which has more than 900 million monthly active users, is the only major messaging app that is well poised to integrate Web3. <\/span><\/p>\n<p><span style=\"font-weight: 400\">As an illustration, the company cites Telegram\u2019s monthly downloads of over 36.7 million in January this year as being ten times higher that of rival Signal.<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400\">\u201cWe believe Telegram is well positioned to bring crypto to the world because of its shared Web3 ethos and large distribution,\u201d the company noted.<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">This outlook is strengthened by TON\u2019s architecture, which features multiple components \u2013 TON Blockchain, TON Storage, TON DNS and TON Services. TON Blockchain serves as the backbone of this ecosystem, providing for a network with high transaction throughput, scalability and utility for millions of users.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Toncoin (TON) surges <\/span><\/h2>\n<p><span style=\"font-weight: 400\">Pantera is investing in TON at a time the crypto platform is garnering massive interest from across the ecosystem.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Telegram has driven some of the biggest developments for TON, particularly its <a href=\"https:\/\/coinjournal.net\/news\/toncoin-rallies-after-telegram-endorses-the-ton-project\/\">endorsement of the project<\/a>. The decision to incorporate Toncoin (TON) token in a revenue-sharing program for channel owners. Telegram is also bringing <a href=\"https:\/\/coinjournal.net\/news\/telegram-to-tokenize-emojis-and-stickers-as-nfts-on-ton-blockchain\/\">tokenized emojis and stickers<\/a> to its users via the TON blockchain.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, Tether\u2019s integration and launch of native USDT on TON is another huge step for Telegram users.<\/span><\/p>\n<p><span style=\"font-weight: 400\"><a href=\"https:\/\/coinjournal.net\/news\/toncoin-ton-price-hits-a-new-all-time-high\/\">TON price<\/a> soared after the Pantera Capital news, with the altcoin jumping more than 12% to highs of $5.39 early Friday.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/pantera-capital-invests-in-ton-eyes-support-for-crypto-adoption-via-telegram\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison ) Pantera Capital has announced it invested an undisclosed amount in TON. The venture capital firm says TON\u2019s integration with messaging platform Telegram could be a game-changer in crypto adoption. Venture capital firm Pantera Capital has invested in The Open Network [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":30108,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/30107"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=30107"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/30107\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/30108"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=30107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=30107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=30107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}