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- Animoca Brands Leads Validation at TON Blockchain, a key player in the digital revolution and metaverse.
- TON Play bets on Innovative Games in Telegram driving the transition to Web3.
In an announcement, the TON Foundation revealed that Animoca Brands, a leading digital rights protection company for games and the metaverse, has become the lead validator of The Open Network (TON) Blockchain. This strategic move not only marks a milestone in the development of blockchain infrastructure, but also reflects a deep commitment to the expansion of cryptocurrency use cases.
Funding and Research for TON Ecosystem
The partnership between Animoca Brands and the TON Foundation goes beyond simple validation. Animoca Brands is committed to providing funding, research and an analytics platform for third-party mini-applications in the TON ecosystem. This comprehensive approach highlights the shared vision of strengthening and diversifying blockchain’s presence in the digital sphere.
Kingsway Capital’s Manuel Stotz has been a key facilitator in this strategic collaboration, highlighting the crucial role of partnerships in driving the sustainable development of blockchain technologies.
Rigorous Research Backing Animoca Brands’ TON Investment
Before taking this significant step, Animoca Brands conducted extensive research. The result was the creation of two research papers exploring the potential of TON Blockchain to accelerate the mass adoption of cryptocurrencies.
These papers highlight the ease of use of TON-based decentralized applications (dApps) and the inherent scalability of the blockchain as key drivers for community growth.
Transparency and Measured Growth: Animoca Brands Analytics Dashboard for TON
Transparency is a key pillar in the vision for collaboration. Animoca Brands has gone a step further by developing an analytics dashboard that visualizes key metrics of TON growth. This level of visibility provides the community and investors with a detailed understanding of TON’s progress, strengthening confidence in the project.
TON Play: Facilitating the Transition from Web2 to Web3
One of the projects highlighted in this strategic collaboration is TON Play, supported by Animoca Brands. TON Play is a TON-based gaming infrastructure that allows game projects to launch directly on Telegram.
In addition, it offers developers the ability to port existing web games directly within Telegram via a web app. This intuitive approach aims to ease the transition of users from Web2 to exciting and accessible Web3 experiences.
The Shared Vision: Web3 in the Mainstream
Justin Hyun, Chief Growth Officer at TON Foundation, emphasizes the importance of Animoca Brands’ investment by stating that it represents a crucial step towards the next era of blockchain-based gaming. He highlights the alignment between Animoca Brands’ analytics platform and research reports with the TON Foundation’s mission: to seamlessly integrate Web3 into Telegram users’ everyday experiences.
Broad Commitment to Web3 Adoption: Yat Siu’s Remarks
Yat Siu, Co-Founder and Executive Chairman of Animoca Brands, stresses that the strategic investment in TON is an integral part of their broader commitment. Animoca Brands aims to facilitate a smooth transition from Web2 to Web3, helping to bring the next million users into the blockchain technology revolution. It points to significant growth potential in TON-enabled games and anticipates collaborations with innovative teams to develop exciting TON-based games.
A Transformative Alliance for TON
The partnership between Animoca Brands and the TON Foundation represents a transformative milestone in the evolution of blockchain technology. The combination of validation, funding, research and transparency demonstrates a holistic approach to driving mass adoption of Web3. Flagship projects like TON Play reinforce the vision of facilitating a seamless transition to a decentralized digital future, where blockchain is effortlessly integrated into users’ everyday experiences.
