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News

Animoca Brands Expands Into TON To Fuel Web3 Gaming

November 28, 2023 - Around 2 mins mins to read

Key Points:

  • Animoca Brands becomes largest validator of TON blockchain, investing strategically in the TON ecosystem.
  • Collaboration with TON Foundation aims to transition users from Web2 to Web3 through new mini-apps.
  • Animoca Brands supports third-party gaming projects with TON Play, enabling game launches on Telegram.
Animoca Brands expands into TON to facilitate a seamless transition from Web2 to Web3 by supporting third-party gaming projects through TON Play. 
Animoca Brands Expands Into TON To Fuel Web3 Gaming
Animoca Brands Expands Into TON To Fuel Web3 Gaming

 

Animoca Brands, a company focused on digital property rights for gaming and the open metaverse, has made a strategic investment in the TON ecosystem, becoming the largest validator of the TON blockchain.

The collaboration between Animoca Brands and TON Foundation aims to facilitate a seamless transition from Web2 to Web3 by onboarding existing users into new Web3 mini-apps.

As part of this commitment, Animoca Brands is supporting third-party gaming projects through TON Play, a gaming infrastructure project that enables developers to launch games directly on Telegram.

Animoca Brands expands into TON Ecosystem

Prior to the investment, Animoca Brands conducted extensive research on the potential of TON Blockchain to accelerate the mainstream adoption of crypto.

The user-friendliness of TON-based dApps and the scalability of TON Blockchain were identified as key factors for community growth. To provide transparency and insights into TON’s growth, Animoca Brands has created an analytics dashboard visualizing key metrics.

Yat Siu, co-founder and executive chairman of Animoca Brands, expressed confidence in the successful realization of TON’s vision and the growth potential of TON-based games.

The ongoing collaboration between TON and Animoca Brands aims to infuse Web3 seamlessly into the daily experiences of Telegram users, particularly in gaming.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

animoca

Animoca brand

Animoca Brands

Ton blockchain

Ton Foundation

Web3

Author

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.