TONCASH, a cashback app in cryptocurrency native to Telegram, has obtained a strategic funding from TON Ventures. The purpose is to speed up the worldwide adoption of on-chain fee options and redefine on-line procuring within the Web3 context.
Let’s see all the main points on this article.
Collaboration with Telegram and TON to Redefine Web3 within the On-line Procuring App
TONCASH, the cashback platform and rewards in cryptocurrencies native to Telegram, has introduced that it has obtained a big strategic funding from TON Ventures, the primary fund of The Open Community (TON).
This financing represents an important step for the expansion of TONCASH, which goals to turn out to be the normal of Web3 for procuring with one of the best costs and on-chain rewards.
With this funding, TONCASH goals to quickly increase its person base, bringing hundreds of thousands of individuals to find the comfort of procuring with cashback in criptovalute.
Ben Usinger, CEO and co-founder of TONCASH, commented as follows:
“This partnership strengthens our collaboration with Telegram and The Open Community, permitting us to supply one of the best on-line procuring expertise and rewards for the Web3 viewers. Because of the strategic help of TON Ventures, we’re main the adoption of on-chain funds, partaking hundreds of thousands of customers by way of modern cashback mechanics and redefining the way in which manufacturers join with prospects within the Web3 house.”
For the reason that launch of the Mini App on Telegram in November 2024, TONCASH has recorded over 200,000 customers and a big following on social media. This success demonstrates the robust market demand for the product and its potential for accelerated progress.
The platform presents cashback as much as 80% on purchases made at over 200 main manufacturers, together with Apple, Adidas, Binance, and Journey.com.
Cashbacks may be redeemed in Bitcoin, USDT, or TON tokens, making the expertise much more enticing for customers.
In any case, TONCASH doesn’t cease at cashback. The Mini App additionally integrates benefits reminiscent of airdrops, engagement rewards, and easy operation on any gadget with Telegram put in.
These modern parts place TONCASH as one of many most promising options within the cryptocurrency and Web3 panorama.
A concentrate on worldwide growth
With the help of TON Ventures, TONCASH has launched an aggressive growth technique, specializing in key markets reminiscent of Asia-Pacific, Europe, the Center East, and Latin America.
The platform goals to succeed in Telegram’s world person base, which numbers over 950 million folks, connecting worldwide manufacturers with the rising group of Web3 customers.
This growth goals to place TONCASH as the best bridge between world manufacturers and cryptocurrency customers, providing distinctive benefits for each events.
For manufacturers, the platform represents an modern option to work together with prospects and enhance gross sales. However, for finish customers, it is a chance to save lots of and earn rewards in cryptocurrencies.
A brand new normal for Web3
The funding by TON Ventures marks a big turning level for TONCASH, which goals to redefine the web procuring sector within the context of Web3.
Because of a novel mixture of cryptocurrency cashback, engagement rewards, and a simplified person expertise by way of Telegram, TONCASH is laying the foundations for a brand new normal of e-commerce primarily based on blockchain.
With its modern imaginative and prescient and the help of a strategic accomplice like TON Ventures, TONCASH is getting ready to rework the way in which folks store on-line.
Particularly providing a profitable mixture of financial savings, rewards, and cutting-edge know-how.