Blockchain Project TAC Raises $11.5 Million, Brings DeFi To Telegram Users

The blockchain project TAC just raised a massive $11.5 million to bring decentralized finance (DeFi) to Telegram’s billion-user ecosystem. 

With a mission to make Ethereum-based apps accessible to everyday users, TAC is set to shake up the blockchain world. 

Backed by big players like Hack VC, TAC is gearing up for a game-changing mainnet launch that’s already attracting top DeFi protocols. Let’s dive into why TAC is the next big thing in crypto!

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What is TAC and Why It Matters

TAC is a blockchain built to connect Ethereum Virtual Machine (EVM) decentralized applications (dApps) with the TON (The Open Network) and Telegram ecosystems. 

Telegram, with over a billion users, is a goldmine for crypto adoption, and TAC is tapping into it by creating a seamless DeFi experience. Their Telegram Mini Apps (TMAs) let users access DeFi services like trading or lending without leaving the app, making crypto super user-friendly.

$11.5M Funding Fuels the Vision

TAC secured $11.5 million across two funding rounds, with the latest $5 million strategic round led by Hack VC, a firm known for betting on game-changing tech. Ed Roman, Managing Partner at Hack VC, praised TAC’s team for their deep expertise and bold vision.

“TAC is building the future of the internet by bringing Ethereum dApps to Telegram’s global users,” Roman said. This cash injection shows strong belief in TAC’s potential to redefine how DeFi reaches the masses.

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TAC’s Mainnet Launch: Ready to Roll

TAC is in the final stages of its mainnet launch, rolling it out in phases to ensure everything runs smoothly. 

Right now, in the DevMainnet phase, heavy hitters like Curve, Morpho, and Euler are already deploying their DeFi protocols. Over 20 top-tier dApps are prepping to join the party, setting the stage for a public launch packed with deep liquidity and battle-tested DeFi tools.

Liquidity Powerhouse: $700M and Counting

TAC’s pre-mainnet campaign, dubbed The Summoning, has locked in over $700 million in total value locked (TVL). 

This massive liquidity pool, backed by major funds and infrastructure players, means TAC will hit the ground running with real yield and market functionality from day one. 

This kind of institutional support screams confidence in TAC’s role as TON’s go-to DeFi layer.

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Telegram Mini Apps: DeFi at Your Fingertips

TAC’s secret sauce is its Telegram Mini Apps (TMAs), which let users interact with DeFi protocols like Curve directly in Telegram. No need for complex wallets or external platforms, just open Telegram and start exploring. 

“TAC’s approach lets us bring Curve to a whole new audience who aren’t yet into DeFi,” said Michael Egorov, Curve’s founder. This ease of access is a huge step toward mass crypto adoption.

Empowering Developers and Users

“TAC gives EVM developers the tools to reach Telegram’s billion-user ecosystem,” said Pavel Altukhov, TAC’s Co-Founder and CEO. By bridging Ethereum dApps with TON, TAC is paving the way for a new wave of consumer apps that blend DeFi with everyday use. 

Imagine earning yield or trading assets while chatting with friends, all within Telegram. That’s the future TAC is building.

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Why TAC is Poised to Skyrocket

TAC’s timing couldn’t be better. Telegram’s massive user base, combined with TON’s scalable blockchain, creates a perfect environment for DeFi to thrive. 

With top protocols like Curve, Morpho, and Euler already on board, TAC is positioned as a DeFi powerhouse. The $700M TVL and backing from Hack VC only add fuel to the fire, signaling that TAC is ready to dominate.

The Road to Mass Adoption

By making DeFi as easy as sending a Telegram message, TAC is breaking down barriers for non-crypto users. 

Popular TMAs are already integrating DeFi features on the backend, quietly introducing financial tools to millions. This seamless blend of social and financial tech could be the key to bringing blockchain to the mainstream.

Conclusion

TAC is on a mission to make DeFi accessible to everyone, and with $11.5 million in funding, a rock-solid team, and Telegram’s billion-user platform, they’re off to a roaring start. The phased mainnet launch, massive liquidity, and partnerships with DeFi giants like Curve position TAC as a leader in the blockchain space. 

As they continue to bridge Ethereum dApps with TON and Telegram, TAC is set to skyrocket, bringing crypto to the masses like never before. Keep an eye on TAC, this is one blockchain project you don’t want to miss!

FAQ

Q1: How does TAC connect Ethereum dApps to Telegram?

A1: TAC bridges Ethereum Virtual Machine (EVM) apps directly to Telegram via the TON network, using Telegram Mini Apps (TMAs) for seamless in-app DeFi access.

Q2: What makes TAC's liquidity pool so strong before launch?

A2: Over $700M in TVL was secured during TAC’s pre-mainnet campaign “The Summoning,” backed by top funds and DeFi protocols like Curve and Morpho.

Q3: Can users trade or earn yield inside Telegram with TAC?

A3: Yes! With TMAs, users can trade, lend, or earn yield directly in Telegram, no external wallets or platforms needed.

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