Waterdrip Capital started to build TON ecosystem last year and has invested in more than 6 projects

Elaine Yang, investment director of Waterdrip Capital, posted on the X platform that European and American institutions have invested less in the TON ecosystem due to compliance and position issues, but Telegram traffic cannot be ignored. Asian institutions pay attention to the TON ecosystem, but they have made fewer moves. Waterdrip Capital Fund has been planning and optimistic about the TON ecosystem since last year, and has invested in more than 6 projects. However, many projects last year were limited by the TON chain infrastructure, and there were not many. The project party made TG Bot very quickly, but it was not closely related to the TON public chain. Elaine Yang suggested that entrepreneurs pay attention to Telegram traffic. The cost of obtaining natural traffic is low, but the quality of users needs to be further screened. The cost of traffic coming in later will definitely increase. It is optimistic about DeFi, transaction and payment-related projects on the TON chain, and foresees that more Meme assets of TON ecological games will be launched.