TONCASH, a cashback app in cryptocurrency native to Telegram, has acquired a strategic funding from TON Ventures. The objective is to speed up the worldwide adoption of on-chain fee options and redefine on-line buying within the Web3 context.
Let’s see all the small print on this article.
Collaboration with Telegram and TON to Redefine Web3 within the On-line Purchasing App
TONCASH, the cashback platform and rewards in cryptocurrencies native to Telegram, has introduced that it has acquired a major strategic funding from TON Ventures, the primary fund of The Open Community (TON).
This financing represents a vital step for the expansion of TONCASH, which goals to turn out to be the commonplace of Web3 for buying with the very best costs and on-chain rewards.
With this funding, TONCASH goals to quickly increase its person base, bringing tens of millions of individuals to find the comfort of buying 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 the very best on-line buying expertise and rewards for the Web3 viewers. Because of the strategic help of TON Ventures, we’re main the adoption of on-chain funds, participating tens of millions of customers by way of progressive cashback mechanics and redefining the best way manufacturers join with clients within the Web3 area.”
Because the launch of the Mini App on Telegram in November 2024, TONCASH has recorded over 200,000 customers and a major following on social media. This success demonstrates the robust market demand for the product and its potential for accelerated development.
The platform affords cashback as much as 80% on purchases made at over 200 main manufacturers, together with Apple, Adidas, Binance, and Journey.com.
Cashbacks will 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 equivalent to airdrops, engagement rewards, and clean operation on any system with Telegram put in.
These progressive components place TONCASH as one of many most promising options within the cryptocurrency and Web3 panorama.
A deal with worldwide growth
With the help of TON Ventures, TONCASH has launched an aggressive growth technique, specializing in key markets equivalent to Asia-Pacific, Europe, the Center East, and Latin America.
The platform goals to achieve Telegram’s international person base, which numbers over 950 million individuals, connecting worldwide manufacturers with the rising group of Web3 customers.
This growth goals to place TONCASH as the perfect bridge between international manufacturers and cryptocurrency customers, providing distinctive benefits for each events.
For manufacturers, the platform represents an progressive solution to work together with clients and increase gross sales. However, for finish customers, it is a chance to avoid wasting and earn rewards in cryptocurrencies.
A brand new commonplace for Web3
The funding by TON Ventures marks a major turning level for TONCASH, which goals to redefine the net buying sector within the context of Web3.
Because of a singular mixture of cryptocurrency cashback, engagement rewards, and a simplified person expertise by way of Telegram, TONCASH is laying the foundations for a brand new commonplace of e-commerce based mostly on blockchain.
With its progressive imaginative and prescient and the help of a strategic associate like TON Ventures, TONCASH is making ready to rework the best way individuals store on-line.
Particularly providing a profitable mixture of financial savings, rewards, and cutting-edge know-how.
