Animoca Brands Joins TON Foundation as Primary Validator for TON Blockchain
TLDR:
- Animoca Brands becomes the largest validator for TON Blockchain in a collaboration covering funding, research, and a mini-apps analytics platform.
- Animoca Brands, after extensive research, highlights TON Blockchain’s potential to accelerate crypto adoption. They introduce an analytics dashboard for public access.
- The collaboration focuses on onboarding Web2 users to Web3 mini-apps, with a spotlight on TON Play, a gaming infrastructure project supporting Animoca Brands’ portfolio.
- TON Foundation sees Animoca Brands’ investment as a pivotal step in the next era of blockchain-based gaming. The strategic move aims to seamlessly integrate Web3 into daily experiences, especially in gaming.
- Yat Siu, Animoca Brands’ co-founder, emphasizes their commitment to onboarding the next million Web3 users and expresses confidence in TON’s vision to bring Web3 into the mainstream.
On November 28, 2023, TON Foundation made waves by declaring Animoca Brands as the largest validator of The Open Network (TON) Blockchain.
This collaboration extends beyond validation, delving into funding, research, and the provision of an analytics platform for third-party TON ecosystem mini-apps.
Animoca Brands’ Strategic Move
Before this strategic alliance, Animoca Brands delved deep into TON’s ecosystem, producing two research papers.
These papers explored the potential of TON Blockchain to accelerate the mainstream adoption of crypto.
Notably, user-friendliness of TON-based dApps and TON Blockchain’s scalability took center stage, aligning with the TON Foundation’s vision of putting crypto in every pocket.
To showcase the growth metrics of TON, Animoca Brands introduced an analytics dashboard accessible to the public. This dashboard visualizes key metrics, providing insights into TON’s development and expansion.
Facilitating Web2 to Web3 Transition
The ongoing collaboration between TON and Animoca Brands aims to seamlessly onboard existing Web2 users into new, intuitive Web3 mini-apps with robust use case value.
TON Play, a TON-based gaming infrastructure project, is one such initiative marked for Animoca Brands’ support.
TON Play offers infrastructure and solutions for gaming projects on TON to launch directly onto Telegram.
Developers can effortlessly port existing web games into Telegram via a web app, ensuring simplicity and accessibility for developers of all skill levels.
This strategic move opens up new opportunities for game developers by tapping into Telegram’s active user base of over 800 million.
We’re pleased to announce that we have officially become the largest validator of @ton_blockchain. As projects look to scale, we will assist with the growth of various #gaming and #GameFi projects on TON.
— Animoca Brands (@animocabrands) November 28, 2023
Full details: https://t.co/VwXRPIZ8Gy pic.twitter.com/fJF6a85KEu
GameFi and the Next Era of Blockchain-based Gaming
Justin Hyun, Director of Growth at TON Foundation, views Animoca Brands’ investment as a pivotal step toward the next era of blockchain-based gaming.
He emphasizes the alignment with TON Foundation’s mission to infuse Web3 seamlessly into the daily experiences of Telegram users, particularly in gaming.
Yat Siu, co-founder and executive chairman of Animoca Brands, expresses the strategic investment as a key part of their broader commitment to onboarding the next million Web3 users.
This investment reflects their faith in TON’s vision to bring Web3 into the mainstream, with a particular focus on gaming.
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