Notcoin, 1inch, and Sign Launch Startup Accelerator for TON Ecosystem

The developers of the clicker game Notcoin have partnered with the DeFi platform 1inch and the Sequoia-backed attestation protocol Sign to create a startup accelerator for the Telegram and Telegram Open Network (TON) ecosystems.

Excited to be part of @ton_blockchain‘s first builder-driven acceleration program alongside @thenotcoin and @ethsign ?? https://t.co/YqH7wl7GD1

— 1inch Network (@1inch) July 10, 2024

The Triangle project is focused on attracting those interested in creating mini-applications, enhancing user experience, and “bridging Web2 with Web3.”

“The idea of Triangle is to conveniently and easily engage millions of people in Web3. Telegram’s extensive user base provides a unique opportunity for this,” the press release states.

The project’s mentors include Sign’s head Xin Yan, 1inch co-founder Anton Bukov, Berachain founder known as Smokey, Layer Zero’s Max Power, as well as developers associated with Notcoin.

According to DeFi Llama, the TVL of the TON ecosystem exceeds $700 million. This figure has been rapidly increasing over the past six months, largely due to the immense popularity of “tap apps” on Telegram.

The cryptocurrency Toncoin is trading at $7.17, with a market capitalization of approximately $18 billion, according to CoinGecko.

Earlier, the team at The Open Platform began developing a layer-two solution for the TON ecosystem.