TON Ventures: AI and Cryptocurrency Research Team

TON Ventures has been exploring the integration of artificial intelligence (AI) and cryptocurrency. Howard Peng, the company’s director, recently announced plans to create a research team focused on this intersection.

> Anyone seriously thinking about AI Crypto now?
> Want to create a research group for only this topic and find the PMF on @telegram.
> Leave a comment or DM me why you are a good researcher in this field or what you think is more interesting at the moment.
> — Howard 💎 | Build on TON (@0xHoward_Peng) March 7, 2025

Telegram as AI-Crypto Lab?

The initiative aims to discover a product-market fit (PMF) for AI applications within the crypto sector, utilizing Telegram as the primary collaboration and research platform. Peng invites professionals familiar with both AI and cryptocurrency to join the effort, believing there are promising solutions at their intersection.

AI’s potential to enhance cryptocurrency is widely recognized, with improvements expected in areas such as security, user experience, and decision-making processes.

The research group will investigate these applications further, seeking innovative solutions tailored to the evolving digital asset market. This move aligns with the increasing investments in AI-driven tools across various industries.

Related: AI Crypto Market Dips as Cost-Efficient DeepSeek Challenges Giants

TON Society + HumanCode: Palm Scan ID on Telegram

In related developments, on April 8, 2024, the TON Society partnered with HumanCode, an AI firm, to introduce a novel identity verification method using palm scans integrated into Telegram.

This initiative aims to leverage blockchain technology to enhance identity verification, reduce bot activity, and empower users with more control over their digital identities. Reports suggest that users participating in the project could receive around 1 million TON tokens.

Toncoin Price Check: Down, But Volume Up

Turning to Toncoin’s market activity, its current trading price is $3.02, having decreased by 1.12% within the last day, while its market cap stands at $7.47 billion.

Source: CoinMarketCap

Despite the decline, trading volume has surged by 30.46%, indicating increased market activity. Toncoin’s price has exhibited volatility, with a drop earlier today followed by a slight rebound.

Technical indicators show the RSI at 48.19, suggesting a neutral market positioning, meaning Toncoin is neither overbought nor oversold.

Related: TON Price Reversal Incoming? Open Interest Signals a Shift
Source: TradingView

Moreover, the MACD indicator reflects a bearish sentiment at present, with the MACD line positioned below the Signal line. A future crossover of the MACD line over the Signal line may indicate a positive trend shift.

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