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The Impact of TON’s Grant: A Year of Innovation Funding in 2024

In 2024, the TON Grant Program supported 57 projects across GameFi, DeFi, and infrastructure, helping innovators explore new use cases and expand blockchain technology’s utility within the TON ecosystem.

Let’s explore the trends, standout projects, and ecosystem milestones that defined 2024.

Grants Overview

  1. Total Projects Funded
    TON funded 57 projects in 2024, ranging from early-stage developers to hackathon champions. This includes participants from the Spring Accelerator and Summer Hackathon, each bringing fresh ideas that connect to actual user behavior.
  2. Category Distribution
    • GameFi: 40%
    • DeFi: 25%
    • SocialFi: 10%
    • Infrastructure: 15%
    • Community Tools: 5%
    • E-commerce: 3%
    • Other: 2%

    GameFi dominated this year, claiming nearly half of the grants. DeFi and infrastructure followed closely, laying the foundation for more complex developments. Other categories, though smaller in share, still played crucial roles in the network’s broader expansion.

  3. Monthly Breakdown
    • January–February: The year began with a focus on high-utility projects emphasizing scalability and security.
    • August–October: Grant approvals surged during this period, accounting for nearly 40% of the year’s total. GameFi and DeFi developers were highly active, attracting users and delivering products quickly.
    • Year-End: SocialFi and DeFi projects gained momentum, offering a glimpse into the future and hinting at a more intricate ecosystem in 2025.

Picture The Impact of TON’s Grant: A Year of Innovation Funding in 2024 2 | TON app

Key Categories and Insights

1. GameFi

GameFi attracted the most attention in 2024, securing 40% of all grants.

  • Lost Dogs: A digital pet adventure and NFT game… token locks and built-in vesting.
  • Fireheadz: A gaming studio known for viral hits… $1M in NFT gifts used.
  • Hamsterdam: A blockchain-based adventure game… NFT sale sold out in under 18 minutes.
  • Cat Gold Miner: A digital treasure mining game with 170,000 active users.
  • Elympics: A project laying the groundwork for large-scale competitive blockchain gaming.

2. DeFi

DeFi projects received 25% of the grants, with teams working to reshape capital movement on-chain.

  • Torch Finance: Sustainable yield mechanics; raised $1.5M from TVM Ventures.
  • Rainbow Swap: Achieved $28M in trading volume; focused on efficiency.
  • Fiva: TON’s first yield tokenization protocol; strong hackathon and investor traction.

3. Infrastructure and Tools

With 15% of grants directed towards tools and infrastructure, developers focused on stability and ease of use.

  • TON Symbolic Analyser: Detects vulnerabilities pre-deployment.
  • AdsGram: Telegram Mini App monetization platform; over 650 apps connected.
  • CrustBags: Telegram-integrated Web3 file storage.
  • Symbiosis: Cross-chain AMM DEX with $2.9M volume on TON.
  • Bounty Bay: Omnichannel market with up to 300K daily active users.

4. Community and SocialFi

TON supported creator tools and collaboration systems, including:

  • TBook: 3M+ users, 390K WISE scores, $130M TVL across DeFi apps.

A Closer Look at the Grants Breakdown

  • Monthly Grants Approved vs Proposals Reviewed: Spikes in August and October.
  • Evolution of Grant Categories Over Time: GameFi fluctuated; DeFi and infra grew steadily; SocialFi and tools gaining traction.
  • Category Distribution of TON Grants: GameFi (47.4%), DeFi (18.9%), others smaller shares.

Picture The Impact of TON’s Grant: A Year of Innovation Funding in 2024 3 | TON app

Bounties

2024 was a pivotal year with the TON Bounty program driving Web3 development in tools, security, and engagement.

  • Bounties Overview:
    • Total Bounties Approved: 53
    • Bounties in Progress: 26
    • Successfully Completed Bounties: 50 ($150,000 rewarded)
    • Program Growth: Developer count rose from 23 to 105; 83 bounties completed
  • Category Breakdown:
    • Developer Tooling: 30 bounties
    • Education: 17 bounties
    • Resources: 3 initiatives (e.g., TON Wiki)

Key Categories and Insights for 2025

The TON Bounty Program will focus on:

  • Security and Auditing: Smart contract audits and tools.
  • AI and Blockchain Innovation: AI-powered apps in DeFi.
  • Education and Knowledge Sharing: Tutorials and multilingual docs.

With growing community involvement, the Bounty Program is set to thrive in 2025.

TON’s grant program saw strong momentum in 2024. These trends will inform smarter strategies in 2025.

If you’re considering participating in a TON Bounty, now’s the time to get involved!