Animoca Brands Becomes TON Validator || Web3 O’clock

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Animoca Brands is investing in TON, showing its dedication to pushing the shift from Web2 to Web3. Yat Siu, the co-founder, is optimistic about TON's vision, highlighting Animoca's commitment to playing a crucial part in the expansion of TON-based games in the upcoming years. T

In a strategic move, Animoca Brands, a Web3 investment firm, is positioning itself as the primary validator on The Open Network (TON) blockchain. The collaboration is geared towards introducing blockchain-based games to Telegram's massive user base of 800 million, involving significant investments, research initiatives, and the development of an analytics platform for third-party TON ecosystem applications.

The Investment and Exploration of the TON Ecosystem

Animoca Brands has committed a substantial but undisclosed investment in the TON blockchain, with a portion directed towards staking Toncoin as part of the validator agreement. The company conducted thorough market research on TON's ecosystem, highlighting its potential to drive the adoption of cryptocurrency and GameFi.

Ton Play and Gaming Delivery via Telegram

The strategic focus involves supporting TON Play, a gaming infrastructure project on the TON blockchain. This initiative enables developers to create gaming applications on TON and seamlessly launch them on Telegram, providing an avenue to port existing web-based games to the messaging app. Animoca Brands aims to utilize this infrastructure to deliver blockchain-based games to Telegram's vast user base through Ton Play.

TON Analytics Dashboard and Integration of Web3

Animoca Brands Research introduces the TON Analytics Dashboard, which aggregates metrics from various components of TON's open internet ecosystem, including TON Blockchain, TON DNS, TON Storage, and TON Sites. This analytics platform, coupled with in-depth research reports, seeks to integrate Web3 functionality into the everyday experiences of Telegram users. Justin Hyun, TON Foundation director of growth, acknowledges the significance of this contribution.

 

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