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Writer's pictureJean D

TAC, a TON Network Extension Allowing EVM Community to Access 950M Users of Telegram, Secures $6.5M Seed Funding Led by Hack VC and Symbolic Capital

TAC

November 11, 2024 


TAC, a platform aimed at linking Ethereum Virtual Machine (EVM) developers with Telegram’s user network, has announced a $6.5 million seed funding round led by Hack VC and Symbolic VC. The new funding will be directed towards developing TAC’s services, which focus on creating accessible connections between the blockchain development community and Telegram’s global audience.


TAC’s platform is set up to assist EVM developers in integrating communication channels with Telegram, leveraging its tools to allow blockchain projects to engage users through a widely used messaging platform. This approach offers EVM-specific developers a streamlined path to increase outreach on Telegram, a platform that many decentralized applications and blockchain-based projects already use for communication.


With this investment, TAC plans to advance its platform’s technical capacity to support further integration with Telegram. The company intends to scale its infrastructure as it connects EVM developers to Telegram’s user base, supporting efforts to facilitate communication within the blockchain community.


About TAC

TAC is a communication platform designed to link Ethereum Virtual Machine (EVM) developers with Telegram’s network of users. It offers tools that enable communication between blockchain projects and their audiences on Telegram, aiming to provide developers with a streamlined communication channel for project engagement.


X: @TacBuild


About Investors


Hack VC 

Hack VC is a venture capital firm that invests in early-stage blockchain companies focused on blockchain and cryptocurrency technology.


Location: United States

 

Symbolic VC

Symbolic VC is a venture capital firm specializing in investments across the blockchain sector and emerging technologies.


Location: United States


A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.

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