Animoca Brands Invests in TON Blockchain

TON Foundation announced Tuesday that Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has become the largest validator of The Open Network (TON) Blockchain.
 
The duo said in a statement that Animoca Brands has been assisting with the growth of third-party gaming and GameFi projects within TON’s ecosystem as projects endeavor to scale.
 
With this collaboration, facilitated by the strategic efforts of Manuel Stotz from Kingsway Capital, Animoca Brands is further enforcing its commitment to TON’s ecosystem.
 
According to the statement, Animoca Brands undertook extensive research before deciding to invest in TON’s ecosystem.
 
Two research papers were developed as a result, exploring the potential of TON Blockchain to accelerate the mainstream adoption of crypto.
 
The user-friendliness of TON-based dApps and TON Blockchain’s scalability were highlighted as two elements central to the community’s growth and the TON Foundation’s vision of putting crypto in every pocket.
 
According to the statement, the ongoing collaboration between TON and Animoca Brands will help to seamlessly onboard existing Web2 users into new, exciting, and intuitive Web3 mini-apps with strong use case value.


Source: Technode Global