The TON Foundation has granted $500,000 to HOT Labs, a blockchain innovator, to develop a platform for deploying and operating meme coins. HOT Labs specializes in gas-free transactions and will leverage their HOT Omni technology for the TON memecoin platform. The founder of HOT Labs, Petr Volnov, is known for his expertise in the blockchain sphere. The grant was awarded by the TON Memecoin Working Group, which aims to advance the memecoin narrative in TON's ecosystem. HOT Labs will provide regular updates and reports on their progress, with support from the TON Foundation in marketing and business development. The goal is to democratize token deployment for millions of users and establish TON as a prominent player in the blockchain landscape.



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