{"id":28079,"date":"2024-04-01T05:05:47","date_gmt":"2024-04-01T04:05:47","guid":{"rendered":"https:\/\/wire.bitcoinprbuzz.com\/?p=28079"},"modified":"2024-04-01T05:05:55","modified_gmt":"2024-04-01T04:05:55","slug":"yolo-investments-backs-ton-in-widespread-8m-investment","status":"publish","type":"post","link":"https:\/\/wire.bitcoinprbuzz.com\/yolo-investments-backs-ton-in-widespread-8m-investment\/","title":{"rendered":"Yolo Investments Backs TON in Widespread $8m Investment"},"content":{"rendered":"\n

Press Release:<\/strong> Yolo Investments has announced an $8 million pledge into TON start-ups, and support for crypto education portal.<\/p>\n\n\n\n

Yolo Investments<\/a>, the venture capital firm focused on gaming, fintech, blockchain, and emerging technologies, has joined The Open Network (TON) with an $8M USD investment both in Toncoin and across the TON ecosystem.<\/p>\n\n\n\n

\u200d<\/p>\n\n\n\n

TON Backing and Partnership <\/strong><\/p>\n\n\n\n

Yolo Investments has invested in several TON start-ups, including Tonstarter, Fanton and PlayDeck (formerly known as Ton Play). The partnership will also see the TON Foundation and Yolo Investments supporting the growth of learncrypto.com<\/a>, an established leading crypto education portal, which will also include new content focused on TON.<\/p>\n\n\n\n

\u200d<\/p>\n\n\n\n

Justin Hyun, Director of Growth<\/strong> at TON Foundation<\/strong> stated:  <\/p>\n\n\n\n

\u200d<\/p>\n\n\n\n

\n

“We are excited to have Yolo Investments join TON with all-around support for the ecosystem. Yolo Investments have demonstrated commitment to the ecosystem by investing in various projects. We believe that their thesis of crypto mass adoption via Telegram, specifically gaming, aligns with our go-to-market strategy. We look forward to working with Yolo Investments to bring crypto to the masses via platforms such as LearnCrypto.com and @wallet – the native crypto wallet inside telegram.”<\/em><\/p>\n<\/blockquote>\n\n\n\n

\u200d<\/p>\n\n\n\n

900 Million Monthly Users<\/strong><\/p>\n\n\n\n

Yolo Investments was drawn to TON because of its user-centric focus and mission to provide 500 million people with access to digital assets by 2028. While other blockchains have tended to build before finding a user base, TON has added significant value to Telegram\u2019s already large cohort of users, which recently topped 900 million monthly active users. The success of @wallet supports Yolo Investment\u2019s thesis that bringing crypto products to users instead of the reverse, is the best way to mainstream the technology.<\/p>\n\n\n\n

Tim Heath, GP at Yolo Investments<\/strong>, commented on the investment, stating:<\/p>\n\n\n\n

\u200d<\/p>\n\n\n\n

\n

\u201cWe\u2019ve long supported TON\u2019s mission to build a truly decentralized, open-source future, and we\u2019re now putting our money where our mouth is. But beyond our significant investment, we\u2019re also committed to a deep collaboration, drawing upon our years of experience in this space, to help TON further develop the web3 SuperApp that\u2019s already changing how people spend, save, and play.<\/em><\/p>\n<\/blockquote>\n\n\n\n

\n

With over 1 million sign-ups in a matter of weeks, @whale, one of our portfolio companies, which has become a superbot on telegram, has quickly grown to have over 15,000 daily active players within the TON ecosystem. This is a perfect example which exemplifies Yolo Investment\u2019s shared vision for a vibrant Web3 ecosystem, where gaming and digital ownership converge successfully in Telegram.\u201d<\/em><\/p>\n<\/blockquote>\n\n\n\n

\u200d<\/p>\n\n\n\n

The collaboration between Yolo Investments, (with assets under management exceeding \u20ac620 million) and the TON Foundation marks a significant opportunity to begin a new era of innovation and accessibility between The Open Network and Yolo Investment\u2019s portfolio of forward-thinking companies.<\/p>\n\n\n\n

About Yolo Investments<\/strong><\/p>\n\n\n\n

Yolo Investments is a venture capital firm focused on seed and A-stage investment opportunities across the gaming, crypto and fintech sectors. Having successfully matured its first Fund I, vintage 2018, Yolo Investments, which is regulated by the Guernsey FSC, has recently launched its second \u20ac100m Fund II, with its continued thesis to invest in emerging, disruptive technologies, led by outstanding people with bright ideas focused on innovation and disrupting the industry norms.<\/p>\n\n\n\n

For more information, please visit: https:\/\/yolo.io<\/a><\/p>\n\n\n\n

About The Open Network<\/strong><\/p>\n\n\n\n

The Open Network (TON) is a global, decentralized blockchain community focused on putting crypto in every pocket. By building the Web3 ecosystem in Telegram Messenger, TON’s vision is to empower 500 million users to own their digital identity, data, and assets by 2028. Learn more at https:\/\/ton.org<\/a>.<\/p>\n\n\n\n

\u200d<\/p>\n\n\n\n

Media Contact Details<\/strong><\/p>\n\n\n\n

Contact Name<\/strong>: Claudia Lama<\/p>\n\n\n\n

Contact Email<\/strong>: press@yolo.io<\/a>       <\/p>\n\n\n\n

\u200d<\/p>\n\n\n\n

Yolo Investments is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.<\/em><\/p>\n\n\n","protected":false},"excerpt":{"rendered":"

Press Release: Yolo Investments has announced an $8 million pledge into TON start-ups, and support for crypto education portal.<\/p>\n","protected":false},"author":23374,"featured_media":28080,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_jf_save_progress":"","_jet_sm_ready_style":"","_jet_sm_style":"","_jet_sm_controls_values":"","_jet_sm_fonts_collection":"","_jet_sm_fonts_links":""},"categories":[3,4],"tags":[],"yoast_head":"\nYolo Investments Backs TON in Widespread $8m Investment - Bitcoin PR Buzz<\/title>\n<meta name=\"description\" content=\"Bitcoin PR Buzz - Yolo Investments Backs TON in Widespread $8m Investment\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wire.bitcoinprbuzz.com\/yolo-investments-backs-ton-in-widespread-8m-investment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Yolo Investments Backs TON in Widespread $8m Investment - Bitcoin PR Buzz\" \/>\n<meta property=\"og:description\" content=\"Bitcoin PR Buzz - Yolo Investments Backs TON in Widespread $8m Investment\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wire.bitcoinprbuzz.com\/yolo-investments-backs-ton-in-widespread-8m-investment\/\" \/>\n<meta property=\"og:site_name\" content=\"Bitcoin PR Buzz\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/BitcoinPRBuzz\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-01T04:05:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-01T04:05:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wire.bitcoinprbuzz.com\/wp-content\/uploads\/2024\/04\/yolo-investments-8-million.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bitcoin PR Buzz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BitcoinPRBuzz\" \/>\n<meta name=\"twitter:site\" content=\"@BitcoinPRBuzz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bitcoin PR Buzz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/wire.bitcoinprbuzz.com\/yolo-investments-backs-ton-in-widespread-8m-investment\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wire.bitcoinprbuzz.com\/yolo-investments-backs-ton-in-widespread-8m-investment\/\"},\"author\":{\"name\":\"Bitcoin PR Buzz\",\"@id\":\"https:\/\/wire.bitcoinprbuzz.com\/#\/schema\/person\/8a1c9e1ebd8c0ebcee623a9a1ecc65c4\"},\"headline\":\"Yolo Investments Backs TON in Widespread $8m Investment\",\"datePublished\":\"2024-04-01T04:05:47+00:00\",\"dateModified\":\"2024-04-01T04:05:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wire.bitcoinprbuzz.com\/yolo-investments-backs-ton-in-widespread-8m-investment\/\"},\"wordCount\":649,\"publisher\":{\"@id\":\"https:\/\/wire.bitcoinprbuzz.com\/#organization\"},\"articleSection\":[\"Bitcoin Press Release\",\"Bitcoin Press Releases\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wire.bitcoinprbuzz.com\/yolo-investments-backs-ton-in-widespread-8m-investment\/\",\"url\":\"https:\/\/wire.bitcoinprbuzz.com\/yolo-investments-backs-ton-in-widespread-8m-investment\/\",\"name\":\"Yolo Investments Backs TON in Widespread $8m Investment - Bitcoin PR Buzz\",\"isPartOf\":{\"@id\":\"https:\/\/wire.bitcoinprbuzz.com\/#website\"},\"datePublished\":\"2024-04-01T04:05:47+00:00\",\"dateModified\":\"2024-04-01T04:05:55+00:00\",\"description\":\"Bitcoin PR Buzz - Yolo Investments Backs TON in Widespread $8m Investment\",\"breadcrumb\":{\"@id\":\"https:\/\/wire.bitcoinprbuzz.com\/yolo-investments-backs-ton-in-widespread-8m-investment\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wire.bitcoinprbuzz.com\/yolo-investments-backs-ton-in-widespread-8m-investment\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wire.bitcoinprbuzz.com\/yolo-investments-backs-ton-in-widespread-8m-investment\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wire.bitcoinprbuzz.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Yolo Investments Backs TON in Widespread $8m Investment\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wire.bitcoinprbuzz.com\/#website\",\"url\":\"https:\/\/wire.bitcoinprbuzz.com\/\",\"name\":\"Bitcoin PR Buzz\",\"description\":\"The Original Bitcoin PR Agency - Bitcoin PR Buzz | Since 2012\",\"publisher\":{\"@id\":\"https:\/\/wire.bitcoinprbuzz.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wire.bitcoinprbuzz.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wire.bitcoinprbuzz.com\/#organization\",\"name\":\"Bitcoin PR Buzz - Press Releases\",\"url\":\"https:\/\/wire.bitcoinprbuzz.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wire.bitcoinprbuzz.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/bitcoinprbuzz.com\/wp-content\/uploads\/2019\/03\/BPRB-LOGO-NEW-2.png\",\"contentUrl\":\"https:\/\/bitcoinprbuzz.com\/wp-content\/uploads\/2019\/03\/BPRB-LOGO-NEW-2.png\",\"width\":1024,\"height\":206,\"caption\":\"Bitcoin PR Buzz - Press Releases\"},\"image\":{\"@id\":\"https:\/\/wire.bitcoinprbuzz.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/BitcoinPRBuzz\/\",\"https:\/\/twitter.com\/BitcoinPRBuzz\",\"https:\/\/in.pinterest.com\/bitcoinprbuzz\/bitcoin-press-releases\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wire.bitcoinprbuzz.com\/#\/schema\/person\/8a1c9e1ebd8c0ebcee623a9a1ecc65c4\",\"name\":\"Bitcoin PR Buzz\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wire.bitcoinprbuzz.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/396865b0b64f7d98239d747ef85fd22a?s=96&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/396865b0b64f7d98239d747ef85fd22a?s=96&r=g\",\"caption\":\"Bitcoin PR Buzz\"},\"description\":\"Press Release and Sponsored Articles Services\",\"sameAs\":[\"https:\/\/bitcoinprbuzz.com\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Yolo Investments Backs TON in Widespread $8m Investment - Bitcoin PR Buzz","description":"Bitcoin PR Buzz - Yolo Investments Backs TON in Widespread $8m Investment","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wire.bitcoinprbuzz.com\/yolo-investments-backs-ton-in-widespread-8m-investment\/","og_locale":"en_US","og_type":"article","og_title":"Yolo Investments Backs TON in Widespread $8m Investment - Bitcoin PR Buzz","og_description":"Bitcoin PR Buzz - Yolo Investments Backs TON in Widespread $8m Investment","og_url":"https:\/\/wire.bitcoinprbuzz.com\/yolo-investments-backs-ton-in-widespread-8m-investment\/","og_site_name":"Bitcoin PR Buzz","article_publisher":"https:\/\/www.facebook.com\/BitcoinPRBuzz\/","article_published_time":"2024-04-01T04:05:47+00:00","article_modified_time":"2024-04-01T04:05:55+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/wire.bitcoinprbuzz.com\/wp-content\/uploads\/2024\/04\/yolo-investments-8-million.jpeg","type":"image\/jpeg"}],"author":"Bitcoin PR Buzz","twitter_card":"summary_large_image","twitter_creator":"@BitcoinPRBuzz","twitter_site":"@BitcoinPRBuzz","twitter_misc":{"Written by":"Bitcoin PR Buzz","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/wire.bitcoinprbuzz.com\/yolo-investments-backs-ton-in-widespread-8m-investment\/#article","isPartOf":{"@id":"https:\/\/wire.bitcoinprbuzz.com\/yolo-investments-backs-ton-in-widespread-8m-investment\/"},"author":{"name":"Bitcoin PR Buzz","@id":"https:\/\/wire.bitcoinprbuzz.com\/#\/schema\/person\/8a1c9e1ebd8c0ebcee623a9a1ecc65c4"},"headline":"Yolo Investments Backs TON in Widespread $8m Investment","datePublished":"2024-04-01T04:05:47+00:00","dateModified":"2024-04-01T04:05:55+00:00","mainEntityOfPage":{"@id":"https:\/\/wire.bitcoinprbuzz.com\/yolo-investments-backs-ton-in-widespread-8m-investment\/"},"wordCount":649,"publisher":{"@id":"https:\/\/wire.bitcoinprbuzz.com\/#organization"},"articleSection":["Bitcoin Press Release","Bitcoin Press Releases"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/wire.bitcoinprbuzz.com\/yolo-investments-backs-ton-in-widespread-8m-investment\/","url":"https:\/\/wire.bitcoinprbuzz.com\/yolo-investments-backs-ton-in-widespread-8m-investment\/","name":"Yolo Investments Backs TON in Widespread $8m Investment - Bitcoin PR Buzz","isPartOf":{"@id":"https:\/\/wire.bitcoinprbuzz.com\/#website"},"datePublished":"2024-04-01T04:05:47+00:00","dateModified":"2024-04-01T04:05:55+00:00","description":"Bitcoin PR Buzz - Yolo Investments Backs TON in Widespread $8m Investment","breadcrumb":{"@id":"https:\/\/wire.bitcoinprbuzz.com\/yolo-investments-backs-ton-in-widespread-8m-investment\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wire.bitcoinprbuzz.com\/yolo-investments-backs-ton-in-widespread-8m-investment\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/wire.bitcoinprbuzz.com\/yolo-investments-backs-ton-in-widespread-8m-investment\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wire.bitcoinprbuzz.com\/"},{"@type":"ListItem","position":2,"name":"Yolo Investments Backs TON in Widespread $8m Investment"}]},{"@type":"WebSite","@id":"https:\/\/wire.bitcoinprbuzz.com\/#website","url":"https:\/\/wire.bitcoinprbuzz.com\/","name":"Bitcoin PR Buzz","description":"The Original Bitcoin PR Agency - Bitcoin PR Buzz | Since 2012","publisher":{"@id":"https:\/\/wire.bitcoinprbuzz.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wire.bitcoinprbuzz.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wire.bitcoinprbuzz.com\/#organization","name":"Bitcoin PR Buzz - Press Releases","url":"https:\/\/wire.bitcoinprbuzz.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wire.bitcoinprbuzz.com\/#\/schema\/logo\/image\/","url":"https:\/\/bitcoinprbuzz.com\/wp-content\/uploads\/2019\/03\/BPRB-LOGO-NEW-2.png","contentUrl":"https:\/\/bitcoinprbuzz.com\/wp-content\/uploads\/2019\/03\/BPRB-LOGO-NEW-2.png","width":1024,"height":206,"caption":"Bitcoin PR Buzz - Press Releases"},"image":{"@id":"https:\/\/wire.bitcoinprbuzz.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/BitcoinPRBuzz\/","https:\/\/twitter.com\/BitcoinPRBuzz","https:\/\/in.pinterest.com\/bitcoinprbuzz\/bitcoin-press-releases\/"]},{"@type":"Person","@id":"https:\/\/wire.bitcoinprbuzz.com\/#\/schema\/person\/8a1c9e1ebd8c0ebcee623a9a1ecc65c4","name":"Bitcoin PR Buzz","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wire.bitcoinprbuzz.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/396865b0b64f7d98239d747ef85fd22a?s=96&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/396865b0b64f7d98239d747ef85fd22a?s=96&r=g","caption":"Bitcoin PR Buzz"},"description":"Press Release and Sponsored Articles Services","sameAs":["https:\/\/bitcoinprbuzz.com"]}]}},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/wire.bitcoinprbuzz.com\/wp-content\/uploads\/2024\/04\/yolo-investments-8-million.jpeg?fit=1280%2C720&ssl=1","distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Bitcoin PR Buzz","distributor_original_site_url":"https:\/\/wire.bitcoinprbuzz.com","push-errors":false,"_links":{"self":[{"href":"https:\/\/wire.bitcoinprbuzz.com\/wp-json\/wp\/v2\/posts\/28079"}],"collection":[{"href":"https:\/\/wire.bitcoinprbuzz.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wire.bitcoinprbuzz.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wire.bitcoinprbuzz.com\/wp-json\/wp\/v2\/users\/23374"}],"replies":[{"embeddable":true,"href":"https:\/\/wire.bitcoinprbuzz.com\/wp-json\/wp\/v2\/comments?post=28079"}],"version-history":[{"count":1,"href":"https:\/\/wire.bitcoinprbuzz.com\/wp-json\/wp\/v2\/posts\/28079\/revisions"}],"predecessor-version":[{"id":28081,"href":"https:\/\/wire.bitcoinprbuzz.com\/wp-json\/wp\/v2\/posts\/28079\/revisions\/28081"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wire.bitcoinprbuzz.com\/wp-json\/wp\/v2\/media\/28080"}],"wp:attachment":[{"href":"https:\/\/wire.bitcoinprbuzz.com\/wp-json\/wp\/v2\/media?parent=28079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wire.bitcoinprbuzz.com\/wp-json\/wp\/v2\/categories?post=28079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wire.bitcoinprbuzz.com\/wp-json\/wp\/v2\/tags?post=28079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}