en
Back to the list

TON Foundation Celebrates Animoca Brands as Premier Validator for TON Blockchain | Blockster

source-logo  blockster.com 28 November 2023 12:46, UTC

In an exciting development, TON Foundation proudly announced today that Animoca Brands, a pioneer in the realm of digital property rights for gaming and the open metaverse, has assumed the role of the largest validator for The Open Network (TON) Blockchain.



This strategic partnership marks a significant leap forward for TON's ecosystem, as Animoca Brands extends its support through funding, research initiatives, and the provision of an analytics platform catering to third-party TON ecosystem mini-apps.

The collaboration, spearheaded by Manuel Stotz from Kingsway Capital, reflects Animoca Brands' unwavering dedication to bolstering TON's ecosystem and fostering the growth of third-party gaming and GameFi projects within it. This move positions Animoca Brands as a key player in advancing the TON Foundation's mission.

Prior to this investment, Animoca Brands conducted comprehensive research, resulting in two insightful papers. These papers delved into the potential of TON Blockchain to expedite the mainstream adoption of cryptocurrencies.

Noteworthy aspects, such as the user-friendliness of TON-based decentralized applications (dApps) and the scalability of TON Blockchain, emerged as pivotal elements crucial for community expansion and aligning with the TON Foundation's vision of making crypto accessible to all.

For those eager to delve deeper into TON's growth metrics, Animoca Brands has unveiled an analytics dashboard, offering a visual representation accessible here.
The ongoing partnership between TON and Animoca Brands is poised to streamline the transition of existing Web2 users into the dynamic world of Web3, marked by innovative mini-apps with robust use cases.
This joint commitment underscores the significance both entities place on facilitating a seamless shift from Web2 to Web3.

A standout project in Animoca Brands' support roster is TON Play, a gaming infrastructure initiative within TON. TON Play provides the essential infrastructure for gaming projects built on TON to launch directly onto Telegram. Developers can seamlessly port existing web games into Telegram through a web app, facilitated by the user-friendly TON Play Toolkit.

This streamlined process ensures that blockchain-based game development is intuitive for developers of all skill levels. TON Play aims to deliver fresh and engaging projects directly to Telegram's vast user base of over 800 million, providing game developers an unparalleled opportunity.
"Animoca Brands' investment in The Open Network is a pivotal step towards the next era of blockchain-based gaming."

Justin Hyun, Director of Growth at TON Foundation
He highlighted the alignment between Animoca Brands' analytics platform and research reports with TON Foundation's mission. Together, they aim to seamlessly integrate Web3 into the daily experiences of Telegram users, particularly in the gaming sphere, for a global audience to savor.

Yat Siu, co-founder and executive chairman of Animoca Brands, echoed this sentiment, emphasizing the strategic investment in TON as a crucial element of their commitment to onboarding the next million Web3 users. He noted the faith in TON's vision and its potential to bring Web3 into the mainstream.

Siu acknowledged the substantial growth witnessed in games with TON and expressed anticipation for collaboration with other innovative teams developing TON-based games.



To learn more about enabling GameFi on The Open Network, visit ton.org/gamefi.

blockster.com