TON 成為 2024 年加密產業的閃亮之星

隨著近期 Telegram 創辦人 Pavel Durov 在法國被捕，這起事件迅速引起了全球加密貨幣和科技界的關注。

After Telegram founder Pavel Durov was arrested in France, the incident quickly attracted attention from the cryptocurrency and tech communities. A public outcry erupted, with top tech leaders, Silicon Valley companies, and crypto experts showing their support for Telegram and Durov. In this age of the attention economy, both Telegram and the TON blockchain became the center of focus, instantly attracting the entire crypto industry. This undoubtedly added significant intangible value to the TON ecosystem.

Telegram創辦人Pavel Durov在法國被捕後，這起事件迅速引起了加密貨幣和科技界的關注。公眾的強烈抗議爆發了，頂尖技術領袖、矽谷公司和加密貨幣專家都表達了對 Telegram 和 Durov 的支持。在這個注意力經濟時代，Telegram 和 TON 區塊鏈都成為焦點，瞬間吸引了整個加密產業的注意。這無疑為 TON 生態系統增加了巨大的無形價值。

The recent bull market has revealed that Ethereum's market dominance is too decentralized, Solana's recovery from the FTX incident remains incomplete, and Base has yet to attract major players. Against this backdrop, the market is in desperate need of a vibrant and active blockchain ecosystem, and TON in 2024 is emerging as the shining star that fulfills this demand.

最近的多頭市場表明，以太坊的市場主導地位過於去中心化，Solana 從 FTX 事件中的恢復尚未完成，Base 尚未吸引主要參與者。在此背景下，市場迫切需要一個充滿活力、活躍的區塊鏈生態系統，而2024年的TON正成為滿足這項需求的閃亮之星。

According to DefiLlama, the total value locked (TVL) on the TON blockchain experienced explosive growth in the first seven months of 2024, skyrocketing from under $10 million to $718 million—a nearly 70-fold increase. While this scale still pales in comparison to top-tier blockchains like Ethereum, for a blockchain in its early stages, this data undeniably highlights TON’s rapid ecosystem expansion and growing maturity.

據 DefiLlama 稱，TON 區塊鏈上的鎖定總價值 (TVL) 在 2024 年前 7 個月經歷了爆炸性增長，從不到 1000 萬美元飆升至 7.18 億美元，增長了近 70 倍。雖然這一規模與以太坊等頂級區塊鏈相比仍然相形見絀，但對於處於早期階段的區塊鏈來說，這一數據無可否認地凸顯了 TON 生態系統的快速擴張和日益成熟。

During this period, Telegram’s mini-game market has also flourished, becoming a major highlight of the TON ecosystem. Industry insiders have revealed that over 100 mini-games are already running on Telegram, with many more in development, further enriching the diversity of the TON ecosystem.

在此期間，Telegram 的小遊戲市場也蓬勃發展，成為 TON 生態的一大亮點。業內人士透露，Telegram 上已經運行了超過 100 個小遊戲，還有更多小遊戲正在開發中，進一步豐富了 TON 生態系統的多樣性。

At the same time, top-tier exchanges have begun to recognize the strength of the TON ecosystem. From NotCoin and TON to the recent launch of DOGS, three TON-based tokens have been listed consecutively, showcasing the market’s high confidence in TON’s potential and current momentum. DOGS recently launched on Binance, with top exchanges competing to attract traffic. Following Durov’s arrest, the meme culture within the TON ecosystem expanded rapidly, with the “REDO the Resistance Dog” meme gaining widespread support.

同時，頂級交易所也開始體認到TON生態的實力。從NotCoin和TON到最近推出的DOGS，三個基於TON的代幣已連續上市，顯示了市場對TON潛力和當前勢頭的高度信心。 DOGS 最近在幣安上線，頂級交易所競相吸引流量。杜羅夫被捕後，TON 生態系統內的表情包文化迅速擴張，「REDO the Resistance Dog」表情包獲得了廣泛支持。

The rapid rise of the TON ecosystem has captured the attention of users and capital alike, with Vertex Capital being one of the key players driving this momentum.

TON生態系統的快速崛起吸引了用戶和資本的關注，而祥峰資本是推動這一勢頭的關鍵參與者之一。

Capital Involvement: Vertex Capital’s Mini-Game Strategy

資本介入：祥峰資本的小遊戲策略

Vertex Capital’s core team has successfully invested in several forward-looking projects, including the decentralized data grid project Stratos, Ethereum sidechain Gnosis Chain (formerly xDai), zkSync Swap project Izumi, multi-chain bridge BoringDAO, composable Divergence, MPC wallet Qredo, and AI data network EpiK. These investments not only showcase Vertex Capital’s sharp insight in project selection but also reflect its deep industry expertise and extensive resource integration capabilities.

祥峰資本核心團隊已成功投資多個前瞻性項目，包括去中心化資料網格項目Stratos、以太坊側鏈Gnosis Chain（原xDai）、zkSync Swap項目Izumi、多鏈橋BoringDAO、可組合Divergence、MPC錢包Qredo、 AI數據網路EpiK。這些投資不僅體現了祥峰資本在專案選擇上的敏銳洞察力，也體現了其深厚的產業專業知識和廣泛的資源整合能力。

Ander Tsui, the founder of Vertex Capital, has been deeply involved in the crypto industry for over a decade, making him a seasoned investor and entrepreneur. With extensive investment experience and broad industry resources, Tsui plays a vital role in the development of Vertex Capital and also serves as the Co-Chairman of the Hong Kong Blockchain Association. Additionally, he founded the globally renowned EDGE Summit, making significant contributions to the promotion of blockchain technology and the Web3 ecosystem.

祥峰資本（Vertex Capital）創辦人徐安德（Ander Tsui）深耕加密產業十餘年，是一位經驗豐富的投資者和企業家。憑藉豐富的投資經驗和廣泛的行業資源，徐先生在祥峰資本的發展中發揮著至關重要的作用，並擔任香港區塊鏈協會聯合主席。此外，他還創辦了全球知名的EDGE峰會，為區塊鏈技術和Web3生態的推廣做出了重大貢獻。

Recently, Vertex Capital launched an innovative game campaign called Token Hunter, featuring projects from its investment ecosystem. The game successfully completed its internal testing phase and officially launched on October 23. It aims to connect with multiple Vertex Capital-backed projects through fun, engaging gameplay. This initiative is expected to attract a large number of Telegram users and will offer community members generous rewards, with the airdrop rewards expected to reach $2 million.

最近，祥峰資本推出了一項名為「Token Hunter」的創新遊戲活動，以來自其投資生態系統的專案為特色。遊戲成功完成內測階段，並於10月23日正式上線。這項舉措預計將吸引大量 Telegram 用戶，並將為社群成員提供豐厚的獎勵，空投獎勵預計將達到 200 萬美元。

Vertex Capital is confident in the potential of the Telegram mini-game market. Although the current games are primarily focused on simple “yield farming” mechanics, from a technical perspective, they are quite similar to WeChat mini-games and fully capable of supporting more elaborate game types. A Vertex Capital representative noted that simpler games like treasure hunts and card-based games could experience explosive growth on this platform in the future.

祥峰資本對Telegram小遊戲市場的潛力充滿信心。雖然目前的遊戲主要以簡單的「挖礦」機制為主，但從技術角度來看，它們與微信小遊戲非常相似，完全有能力支援更精細的遊戲類型。祥峰資本代表指出，尋寶和卡牌遊戲等更簡單的遊戲未來可能會在該平台上經歷爆炸性增長。

Maximizing Your Gains: Token Hunter’s Multi-Revenue Model

最大化您的收益：Token Hunter 的多重收入模式

As mentioned earlier, Token Hunter is designed to allow players to earn coins through gameplay, which can then be exchanged for points in other projects at a certain rate. This model creates a “multi-benefit” effect—players can participate in multiple Vertex Capital-backed projects’ reward programs while enjoying Token Hunter. These eight projects include Hape, MEET48, LightCycle, Skytopia, H3 Entertainment, TraditioNow, FansLand, and Soully, each showcasing unique potential and charm in their respective fields.

如同前面提到的，《Token Hunter》的設計目的是讓玩家透過遊戲賺取金幣，然後可以按照一定的比例兌換其他項目的積分。這種模式創造了「多利」效應——玩家可以在享受Token Hunter的同時，參與多個祥峰資本支持的項目的獎勵計劃。這八個項目包括Hape、MEET48、LightCycle、Skytopia、H3 Entertainment、TraditioNow、FansLand、Soully，每個項目都在各自的領域展示了獨特的潛力和魅力。

A Strategic Entry into the TON Ecosystem

策略性進入 TON 生態系統

Through Token Hunter, players not only get to enjoy the fun of gaming but also engage with these high-potential projects, reaping diversified rewards. This “multi-benefit” design highlights Vertex Capital's deep understanding of the TON ecosystem and its innovative spirit, providing users with unprecedented value.

透過Token Hunter，玩家不僅可以享受遊戲的樂趣，還可以參與這些高潛力的項目，獲得多元化的獎勵。這種「多利」設計凸顯了祥峰資本對TON生態的深刻理解和創新精神，為使用者提供了前所未有的價值。

Although many in the industry have expressed doubts about whether VCs can find the right

儘管許多業內人士對創投能否找到合適的人表示懷疑