Starshash Partners with TON Ventures and DWF Labs to Redefine Token Distribution Through Community-Driven Mining
Dubai, UAE, January 8th, 2025, Chainwire
Starshash, an innovative mining-based mini-app on Telegram, is proud to announce strategic partnerships with TON Ventures and DWF Labs. These collaborations mark a pivotal moment in decentralized finance (DeFi), as Starshash revolutionizes token distribution through transparency, fairness, and accessibility.
Starshash has redefined mining and token distribution by integrating fairness and transparency into the core of its ecosystem. Powered by an adapted Ethash algorithm, Starshash ensures accessibility for users mining tokens via personal devices or dedicated servers. With over 1 million users and 10,000 active miners, the platform has already processed more than 34 million Stars (~$500,000) since its launch in December 2023. Ranking consistently among the Top 5 Grossing Apps on Telegram, Starshash demonstrates the potential for sustainable revenue and scalability within decentralized ecosystems.
Starhash has received a strategic investment from TON ventures, which acquired hashing power within its ecosystem. This investment highlights Starhash’s potential to set new benchmarks for token launches and decentralized distribution. The partnership has enabled Starshash to launch a dedicated TON Ventures node, further enhancing transparency as all validator rewards are distributed among users.
“StarsHash is pioneering a new era of gaming mechanics within Telegram, catering to a community that actively engages and contributes resources to shape the ecosystem,” said Tony Khom, Chief Marketing Officer of Starhash. “By moving beyond traditional airdrops and introducing a mining-based distribution model, we empower users to earn tokens through genuine participation. Whether mining on personal devices, renting dedicated servers, or contributing in other ways, our approach ensures a transparent, equitable, and community-driven token distribution process.”
“We all know that Telegram and TON games have the potential to attract millions of users. Projects like Notcoin and DOGS have already proven this,” said Inal Kardan, Partner at TON Ventures and former GameFi Lead at TON Foundation. “As we step into 2025, we see new opportunities emerging for innovative game genres and models. Starshash, in our opinion, is a fantastic community-driven project, and we are thrilled to join this movement. This project stands out as a promising and fair way to launch a new token in 2025. We believe this type of project will achieve significant success in the coming months.”
As part of this partnership, DWF Labs has taken a hands-on approach by acquiring dedicated mining infrastructure within the StarsHash platform. This decision goes beyond conventional investment strategies, actively supporting the community-driven ethos of the project. By integrating into the mining ecosystem, DWF Labs contributes directly to the decentralization and transparency that underpin StarsHash.
By actively participating in the mining process, DWF Labs underscores its commitment to creating a level playing field for all participants. This initiative reflects the project’s ethos: All contributors benefit equally from the ecosystem. This alignment reinforces the principles of fairness and accessibility that define StarsHash.
“DWF Labs is proud to support StarsHash, a project that exemplifies the innovative potential of Web3 and decentralized ecosystems. By investing in StarsHash and participating in its mining infrastructure, we are contributing to a sustainable and transparent blockchain project that aligns with our mission to empower Web3 innovations,” said Andrei Grachev, Managing Partner of DWF Labs.
This partnership with TON Ventures and DWF Labs set the stage for Starshash to expand its infrastructure, develop new financial tools, and strengthen its position in the decentralized finance space. With a capped token supply of 10 billion and growing adoption, Starshash is primed to lead the next wave of decentralized applications.
About Starshash
Starshash is a mining-based mini-app within Telegram that redefines token distribution through fairness, transparency, and community-driven mechanics. Launched in December 2024, it has attracted over 1 million users, achieving rapid growth and establishing itself as a top performer in decentralized gaming and finance.
About TON Ventures
TON Ventures is a leading venture capital firm dedicated to driving innovation within The Open Network (TON) ecosystem. Focused on supporting early-stage startups and cryptocurrency projects that utilize the unique features of Telegram’s platform — such as Mini Apps, Wallet, and other integrated tools — TON Ventures provides financial investment, operational support, exosystem expertise, and access to a global network of industry-leading partners. By fostering collaboration between investors and projects, TON Ventures is committed to accelerating the mass adoption of decentralized technologies and empowering the next generation of web3 entrepreneurs. To learn more, visit tonventures.io
About DWF Labs
DWF Labs is the new generation Web3 investor and market maker, one of the world’s largest high-frequency cryptocurrency trading entities, which trades spot and derivatives markets on over 60 top exchanges.