Pantera Capital: Why do we want to invest heavily in TON?

1. Pantera Capital has made the largest investment in the fund's history in Telegram's TON blockchain project.
2. TON is a Layer 1 network designed by Telegram and continued to be developed by the open source community, aiming to create a decentralized network that supports a variety of applications.
3. As a platform with 930 million active users, Telegram's first principle is "freedom" and it does not sell user data. It is a neutral social platform.
4. The scalability and smart contract functions of the TON network make it possible for some breakthrough features that cannot be achieved in the Web2 environment, such as the Telegram wallet supports custody and self-custody options, which simplifies the use of encrypted applications.
5. The TON Foundation announced an incentive plan to incentivize successful TON applications to create more new and exciting applets and attract more users to join.