4 hours ago
Telegram-linked blockchain project The Open Network (TON) has unveiled TON Factory, a new platform designed to accelerate the development and scalability of high-throughput applications like decentralized exchanges (DEXs) and blockchain-based games.
In an April 30 post on Telegram, the project said TON Factory aims to help developers rapidly build and scale projects with modular components, integration tools, and hands-on expert support.
“For OGs already building on TON, TON Factory helps you scale further,” the announcement stated.
The initiative is backed by a team of over 150 engineers with experience delivering production-ready infrastructure in the TON ecosystem, per the announcement.
_Source:__TON_
_**Related:**__**Venture capital firms invest $400M in TON blockchain**_
## Broxus’ Tycho Protocol powers TON Factory
The underlying architecture leverages Broxus’ Tycho protocol, which combines the TVM with a Directed Acyclic Graph (DAG) consensus mechanism.
This hybrid design is intended to achieve near-instant finality and high throughput, reportedly handling up to 35,000 transactions per second (TPS), a benchmark that could position TON Factory as a serious competitor to other layer-1 and layer-2 scaling solutions.
> “TON Factory also supports custom TVM chain deployments and offers tailored > scaling solutions, helping ambitious teams drive the ecosystem forward.”
At the time of writing, Toncoin, the native cryptocurrency of The Open Network (TON), is trading at $3.22, down around 1% in the past 24 hours, according to data from CoinMarketCap.
In March 2025, the TON Foundation said several venture capital firms invested more than $400 million in the TON blockchain, signaling growing interest in the Telegram messaging ecosystem.
_**Magazine: **__**SEC ‘s U-turn on crypto leaves key questions unanswered**_