Foresight X, the accelerator arm of the prominent Asian investment firm Foresight Ventures, has partnered with TonUP, a launchpad on TON, to initiate a $200,000 grants program. This collaboration between TonUP and Foresight X aims to fund more than 20 TON-based projects.
The primary focus of this grants program is to nurture startups that are working on developing upper-layer applications within the TON Ecosystem, as well as those integrating use cases for Telegram Mini Apps. Additionally, TonUP has announced the upcoming Initial DEX Offering (IDO) of their $UP native token, scheduled for December 20, 2023, and exclusively available on TonUP.io.