Blockchain ecosystem FreeTON DeFi Alliance announces its partnership with Kerala Blockchain Academy and Blockchain Centre India. This will help increase participation and awareness in Next Top TON’s startup competition. The contest is unique and allows anyone to participate in virtual hackathons or other activities. KBA India and Blockchain Centre India, two well-respected groups advocating blockchain technology in India, are both known.

FreeTON just announced a new branding campaign, and it will be known as Everscale. To rebalance demand and supply, the Blockchain Organization has decided that it will burn 3 Billion of its TON Crystal tokens and join major exchanges. TON token will become EVER (the Everscale token), per the organization’s announcement. CMC data shows Everscale (formerly FreeTON), is currently ranked 289 with a market cap of over $256M.

Launched by GDA capital, the digital asset firm GDA Capital, as well other partners, The Next Top TON Startup was made possible by the FreeTON DeFi Alliance in September 2018. By December 6, 2021 the content will be complete. This allows for blockchain projects to participate in a hackathon as well as meet leading blockchain experts.

Winners also receive over 200,000 TON Crystal tokens which can now be used as Everscale tokens. Based on the current CMC price for Everscale at more than 17,000 USD, the first place winner receives 50,000. The 2nd and 3rd places receive 30,000 Everscale tokens each, respectively.

“We are thrilled to have Kerala Blockchain Academy & Blockchain Centre India as our new partners for the Next Top TON Startup competition. The Everscale (formerly FreeTON) blockchain network is expanding on a global scale and empowering new talented groups of developers to help redefine our future,” GDA Capital co-founder Michael Gord said in a statement.

“Everscale (formerly FreeTON) is the only end-to-end decentralized, dynamically multithreaded, sharded blockchain architecture that can scale to an internet-level system by leveraging its on-demand scalability and consensus mechanisms to support a trustless, world-wide operating system well suited for mass adoption,” added FreeTON DeFi Alliance Founding Member Nikita Inshakov.

Previously held GDA Capital’s Next Top Blockchain Startup competition gathered more than 600 participants from 65 international universities representing 55 countries.

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