Following up on Tonnel’s take about TON Foundation burning through trusted funds inefficiently—here’s our two cents from the Gem team, the first L2 solution for TON.
We haven’t received a single dollar from TON Foundation.
Not for development.
Not for marketing.
Not for infrastructure.
Yet for a whole year, we’ve been grinding, building a product that already boasts tens of thousands of users in Testnet, hundreds of thousands of transactions, millions of generated blocks, a fully working EVM, and the most feature-packed bot—@gembot. And you know what’s funny? Even the username for the bot wasn’t given to us by TON Foundation—it was gifted by a very special supporter from the community.
On top of that, we’ve been keeping over $1M in liquidity on Ston.fi for almost a year now, actively supporting USDT’s growth in TON.
We’re not complaining—because we know how to grind, fund our own work, and push forward with our own team. But damn, wouldn’t it be great if TON Foundation’s funds were actually going towards things that matter?
Make Ton Great Again!
https://t.me/tonnel_en/615