Press Release: Yolo Investments has announced an $8 million pledge into TON start-ups, and support for crypto education portal.

Yolo Investments, 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.

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TON Backing and Partnership 

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, an established leading crypto education portal, which will also include new content focused on TON.

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Justin Hyun, Director of Growth at TON Foundation stated:  

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“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.”

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900 Million Monthly Users

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’s already large cohort of users, which recently topped 900 million monthly active users. The success of @wallet supports Yolo Investment’s thesis that bringing crypto products to users instead of the reverse, is the best way to mainstream the technology.

Tim Heath, GP at Yolo Investments, commented on the investment, stating:

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“We’ve long supported TON’s mission to build a truly decentralized, open-source future, and we’re now putting our money where our mouth is. But beyond our significant investment, we’re also committed to a deep collaboration, drawing upon our years of experience in this space, to help TON further develop the web3 SuperApp that’s already changing how people spend, save, and play.

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’s shared vision for a vibrant Web3 ecosystem, where gaming and digital ownership converge successfully in Telegram.”

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The collaboration between Yolo Investments, (with assets under management exceeding €620 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’s portfolio of forward-thinking companies.

About Yolo Investments

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 €100m 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.

For more information, please visit: https://yolo.io

About The Open Network

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.

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Media Contact Details

Contact Name: Claudia Lama

Contact Email: press@yolo.io       

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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.

Source: thinkbitcoins

Press Release: Four new members of the exclusive ambassador programme highlight the creativity of African art, media and photography.

November 23, 2023, London, UK — Sportsbet.io is proud to introduce four new inductees to its highly exclusive ‘Join the Crypto Experience’ program, which is creating an all-star team of ambassadors from around the world to represent the popular crypto betting brand.

Latest Ambassadors

The latest batch of ambassadors includes a trio of Kenyans, kicking off with creator Sean Andrew, who looks forward to showcasing his love for African culture alongside Sportsbet.io.

Mr Andrew stated:

“I’m excited to join the crypto experience and share my passion for lifestyle, travel and fashion with the Sportsbet.io community,”

Faith Nthenya Mutwa, a digital creator and an online media personality, also joins the team. She aims to create a positive change in the world by having meaningful conversations and making important connections through her art, and added that she wants to explore the world of crypto betting with her followers.

Meanwhile, Mr Kerry Martin, one of Kenya’s top media personalities with 9 years working on TV and radio is the final of the three Kenyan superstars. He said he is looking forward to sharing his vibrant personality and upbeat energy with the Sportsbet.io community.

Completing the latest round of new ambassadors is Nigerian photographer and visual artist Thompson S. Ekong, widely known as TSE. He said he is thrilled to collaborate with Sportsbet.io and showcase his unique and captivating style.

Join the Crypto Experience

‘Join the Crypto Experience’, the first-of-its-kind ambassador programme from Sportsbet.io, continues to go from strength to strength, with high-profile individuals earning rewards and connecting their fans with the world’s leading crypto betting website. The ambassadors include big names from the worlds of art, fashion, TV, sport, music and more, including King Kaka, Cassper Nyovest and Nwankwo Kanu.

If you are a high-end influencer, streamer or networker looking to enjoy financial freedom and exclusive events, you can apply to join through the jointhecryptoexperience website.

About Sportsbet.io

Founded in 2016 as part of Yolo Group, Sportsbet.io is the leading crypto sportsbook. Sportsbet.io has redefined the online betting space by combining cutting-edge technology, with cryptocurrency expertise and a passion for offering its players with the ultimate fun, fast and fair gaming experience.

Principal sponsors of English football  team, Southampton FC, Sportsbet.io provides an expansive range of betting action across all major sports and eSports, offering players more than 350,000 pre-match events per year and comprehensive in-play content.

As the first crypto sportsbook to introduce streaming across all major sports, as well as a cash out function, Sportsbet.io is recognized as a leader in both online sports betting and within the crypto community.

Sportsbet.io prides itself on its secure and trustworthy betting service, with withdrawal times of around 1.5 minutes among the fastest in the industry.

For more information about Sportsbet.io, please visit Sportsbet.io.

Media Contact Details

Contact Name: Claudia Lama
Contact Email: press@yolo.com

Sportsbet.io 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.

The post Meet the New Sportsbet.io Ambassadors Joining the Crypto Revolution appeared first on Bitcoin PR Buzz.