Bitget Partnership With Tomarket to Elevate TON Ecosystem

Key Takeaways
  • Bitget partners with Tomarket, a fast-growing DEX in the TON ecosystem.
  • Tomarket gains 1 million users in 5 days, outpacing other dApps.
  • Bitget launches a $20 million fund with Foresight Ventures for TON projects.
11-07-2024 By: Shubham Sahu
Bitget Partnership W

Bitget and Tomarket Collaboration Fuels TON Ecosystem Growth

Bitget, a leading cryptocurrency trading platform, has recently entered into a strategic cooperation with Tomarket, a relatively new DEX launched in the TON ecosystem. This partnership is to foster development and advancement in the TON ecosystem as both parties have shown dedication to the advancement of blockchain technology.

Tomarket was launched on July 4 and it started gaining popularity very fast and within five days the site had registered one million of users. This fast growth has put Tomarket as the fastest-growing dApp in the TON ecosystem, leaving behind other projects such as Hamster Kombat.

Tomarket enables users to trade RWA tokens, crypto bond yields, points, and pre-circulation tokens, making it expand the concept of DeFi.

Bitget’s Commitment to the TON Ecosystem

On June 26, Bitget expanded its support for the TON ecosystem by launching a $20 million TON Ecosystem Fund with Foresight Ventures. This fund is aimed at the projects that can be realized in the TON ecosystem initially, it is designed to provide the necessary funding and resources to the projects.

Also, Bitget has connected the TON mainnet to the wallet, which enables users to work with the TON community. This integration makes it easy for users to access the TON-based assets and dApps hence enhancing their interaction with the platform.

Launch of TONNECT 2024

Bitget Wallet is set to accelerate the growth of the TON ecosystem with the launch of TONNECT 2024, an online event designed to engage users and promote ecosystem activities. TONNECT 2024 will feature a series of events, including Ask Me Anything (AMA) sessions, user voting for favorite TON projects, and educational campaigns about the TON ecosystem.

One of the highlights of TONNECT 2024 is a $1 million prize pool in interaction rewards, aimed at incentivizing users to explore and engage with TON and Telegram ecosystem projects. 

Additionally, Bitget Wallet will offer gas fee subsidies, enabling users to conduct transactions within the TON ecosystem at zero cost. This initiative is expected to attract a significant number of Web2 users from Telegram's vast user base, thus bridging the gap between Web2 and Web3.

Conclusion

Bitget's partnership with Tomarket and the launch of TONNECT 2024 are important steps toward strengthening the TON ecosystem at Bitget. These initiatives show a good level of engagement in the development of the blockchain industry.

Through large investment, smooth connection with TON mainnet, and various activities of community, Bitget is capable of improving user experience and facilitating the transition from the traditional web environment to the decentralized web environment, which may contribute to the construction of a more open and extensive digital economy.

Also Read: Stader Price Surges 60% In a Day; What’s the Reason?

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