WHY VCS ARE SO BULLISH ON THE TON TOKEN

Summary from the TLDR Crypto newsletter

VCs like Pantera Capital are particularly excited about TON as a distribution play due to its exclusive integration with Telegram and its 900 million monthly active users. It's slowly becoming a hub for mini-apps in gaming, payments, and other use cases that could explode in popularity overnight. The network is still in its early stages. Its most significant risk is being solely reliant on Telegram, and therefore app issuers Apple and Google, for support.