TON Accelerator Teams Up with Bybit to Drive Cross-Chain Development 

On Dec 9, 2024 at 7:40 pm UTC by · 3 mins read

TON Accelerator introduces the Cross-Chain Synergy Cohort, with Bybit providing liquidity support to developers for blockchain innovation and growth.

TON Accelerator, a brand-new incubation program, has joined forces with Bybit to launch the Cross-Chain Synergy Cohort. The program was created to help developers build projects that work seamlessly across multiple blockchains. The initiative centers on linking the Toncoin ecosystem with the Ethereum Virtual Machine (EVM) ecosystem, enabling greater interoperability.

Developers participating in the program will receive benefits such as marketing support, mentorship, and access to Bybit’s Web3 wallet. Connecting the TON and ETH ecosystems is expected to further enhance innovation in decentralized applications and strengthen the connectivity between TON and Ethereum.

Supporting Developers with Tools and Liquidity

The program focuses on cross-chain technology and liquidity support. Cross-chain technology enables blockchain networks to communicate, facilitating the smooth transfer of assets and data. Additionally, the program prioritizes liquidity, with Bybit providing resources and direct access to its platform. This aims to assist developers in scaling their projects, making it easier for them to launch and grow by equipping them with tools and support for market entry.

According to a report by Crypto.news, Sophia Rusconi, a member of the TON Accelerator, emphasized that the program will connect the TON and EVM ecosystems. Similarly, Emily Bao stated that the partnership strengthens Bybit’s mission of creating a seamless and more open blockchain ecosystem.

Fostering Creativity and Innovation in Web3

On December 4, TON Accelerator posted on its blog, inviting developers to join the Cross-Chain Synergy Cohort and explore various ideas provided, including AI agents, DeFi, gaming, and payments. While these are mere suggestions, participants are encouraged to be creative and develop concepts beyond imagination. The team stated:

“To spark your creativity, we’ve outlined some of the most exciting ideas we’d love to see in this cohort. If one resonates with you, we’d love to hear from you! If you have a different vision altogether, even better—this program is here to support transformative ideas, no matter where they come from.”

TON Accelerator also noted that the deadline for submissions is December 31, presenting an opportunity for developers to make their dreams a reality. The platform will provide tools and resources to help build impactful projects. The team added:

“This program is all about creating new opportunities for Web3 builders, offering the tools, resources, and liquidity needed to build impactful projects at scale.”

The Cross-Chain Synergy Cohort showcases TON’s potential to tap into Telegram’s vast user base of 950 million by integrating Web3 tools and enabling interoperability. This initiative could attract more people to the Web3 space and facilitate industry innovations.

Notably, TON Accelerator is not restricting the opportunity to experts in the field; newcomers are also encouraged to join. They stated:

“whether you’re a seasoned expert or just starting your journey, the conditions for creating something extraordinary in crypto have never been better.”

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