Home > web3.0 > Firecoin Raises $1.2M to Bring AI-Powered Token Insights to the TON Ecosystem

Firecoin Raises $1.2M to Bring AI-Powered Token Insights to the TON Ecosystem

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Release: 2024-10-25 00:12:25
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Investing in the crypto market can be extremely lucrative, with new tokens occasionally making upward of 160,000% in yearly returns for investors.

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Warsaw, Poland – Rocketon Labs, a cutting-edge technology company and long-term investor in the Telegram Open Network (TON) ecosystem, is pleased to announce that it has raised $1.2 million for Firecoin, a revolutionary platform that provides AI-powered projects and token insights for the crypto market.

A top trending app in the Telegram Apps Center, Firecoin has already gathered over 3 million users, 1.2 million subscribers on its Telegram news channel, and 360,000 followers on X. The raise from private investors and community members will enable Rocketon Labs to take Firecoin to the next level as the “Coingecko for TON, on steroids.”

Investing in the crypto market can be incredibly lucrative, with new tokens occasionally making upwards of 160,000% in yearly returns for investors. Yet, despite the huge upside potential, uncovering these hidden gems and buying at the right time eludes the majority of investors. A lack of tools showing deep insights into tokens and allowing users to make informed investment decisions means the casual crypto trader must invest significant time and resources into learning about digital assets.

As the first token AI project built on TON, Firecoin provides unmatched insights and high-value data for crypto investors, serving as the “Coingecko for TON, on steroids” and setting Firecoin apart from other projects in the space. Harnessing AI for its data-driven insights, Firecoin saves people time, minimizes losses, and maximizes profits.

Leveraging its huge starting user base, Firecoin democratizes access to crypto trading, empowering everyday users with the tools they need to become pro traders and experts navigating web3. By combining proprietary AI technology, comprehensive data analytics, and innovative engagement mechanisms, Firecoin aims to create a safer, more transparent, and more dynamic environment for crypto projects and investors.

Firecoin was built by a AAA team of world-class talent, combining a deeply crypto-native background with expertise in AI, IT, and traditional finance. Rocketon Labs has been at the forefront of the Telegram Open Network’s growth, providing long-term capital, knowledge, and strategic partnerships solely in the TON ecosystem.

Originally developing on Ethereum, Rocketon Labs successfully launched the only social network for the biggest digital art collectors and web3 investors, PunksClub NFT Social Network. In addition to Firecoin, Rocketon Labs has built and incubated a notable suite of products across the TON ecosystem, whose innovative engagement mechanisms and token rewards have led to onboarding millions of users.

Rocketon Labs co-founder and CEO Jacob Rylko commented,

“We are thrilled to have reached this funding milestone without any VC involvement, underscoring the dedication and excitement surrounding Firecoin and enabling us to further develop and enhance the platform. Firecoin is the ultimate gem hunter providing the deep insights crypto traders need to make informed decisions and enhance their digital wealth. We have finally reached a stage where technology can guide us when it comes to our time and money commitment decisions.”

Co-Founder & CTO, Wojciech Sobczuk added,

“Our goal is to create a unified platform that brings together all TON-based projects, fostering innovation, and driving the industry forward. We’re excited to enhance Firecoin further, broaden our ecosystem of TON projects, and onboard the next billion to crypto.”

About Rocketon Labs

Rocketon Labs is a cutting-edge technology company at the forefront of the Telegram Open Network’s growth, providing long-term capital, knowledge, and strategic partnerships solely in the TON ecosystem. With a focus on AI-driven solutions for the blockchain industry, its flagship product, Firecoin, is the first token AI project built on TON providing unparalleled insights and rich data for crypto investors.

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