TONCASH, a cashback app in cryptocurrency native to Telegram, has received a strategic investment from TON Ventures. The goal is to accelerate the global adoption of on-chain payment solutions and redefine online shopping in the Web3 context.
Let’s see all the details in this article.
Collaboration with Telegram and TON to Redefine Web3 in the Online Shopping App
TONCASH, the cashback platform and rewards in cryptocurrencies native to Telegram, has announced that it has received a significant strategic investment from TON Ventures, the main fund of The Open Network (TON).
This financing represents a crucial step for the growth of TONCASH, which aims to become the standard of Web3 for shopping with the best prices and on-chain rewards.
With this investment, TONCASH aims to rapidly expand its user base, bringing millions of people to discover the convenience of shopping with cashback in criptovalute.
Ben Usinger, CEO and co-founder of TONCASH, commented as follows:
“This partnership strengthens our collaboration with Telegram and The Open Network, allowing us to offer the best online shopping experience and rewards for the Web3 audience. Thanks to the strategic support of TON Ventures, we are leading the adoption of on-chain payments, engaging millions of users through innovative cashback mechanics and redefining the way brands connect with customers in the Web3 space.”
Since the launch of the Mini App on Telegram in November 2024, TONCASH has recorded over 200,000 users and a significant following on social media. This success demonstrates the strong market demand for the product and its potential for accelerated growth.
The platform offers cashback up to 80% on purchases made at over 200 leading brands, including Apple, Adidas, Binance, and Trip.com.
Cashbacks can be redeemed in Bitcoin, USDT, or TON tokens, making the experience even more attractive for users.
In any case, TONCASH does not stop at cashback. The Mini App also integrates advantages such as airdrops, engagement rewards, and smooth operation on any device with Telegram installed.
These innovative elements position TONCASH as one of the most promising solutions in the cryptocurrency and Web3 landscape.
A focus on international expansion
With the support of TON Ventures, TONCASH has launched an aggressive expansion strategy, focusing on key markets such as Asia-Pacific, Europe, the Middle East, and Latin America.
The platform aims to reach Telegram’s global user base, which numbers over 950 million people, connecting international brands with the growing community of Web3 users.
This expansion aims to position TONCASH as the ideal bridge between global brands and cryptocurrency users, offering unique advantages for both parties.
For brands, the platform represents an innovative way to interact with customers and boost sales. On the other hand, for end users, it is an opportunity to save and earn rewards in cryptocurrencies.
A new standard for Web3
The investment by TON Ventures marks a significant turning point for TONCASH, which aims to redefine the online shopping sector in the context of Web3.
Thanks to a unique combination of cryptocurrency cashback, engagement rewards, and a simplified user experience via Telegram, TONCASH is laying the foundations for a new standard of e-commerce based on blockchain.
With its innovative vision and the support of a strategic partner like TON Ventures, TONCASH is preparing to transform the way people shop online.
Specifically offering a winning combination of savings, rewards, and cutting-edge technology.
