Animoca Brands Boosts TON Ecosystem with Funding and Research

Hong Kong-based game software company Animoca Brands has solidified its position as the largest validator on The Open Network (TON) blockchain.

In addition to this role, Animoca will play a pivotal role by offering funding, research, and an analytics platform to TON. The collaboration underscores Animoca’s dedicated commitment to the TON ecosystem, driven by its recognition of the user-friendly decentralized applications (dapps) and the scalability of the TON protocol. Justin Hyun, the director of growth at TON Foundation, lauds this investment as a crucial advancement in blockchain-based gaming, aligning with TON Foundation’s mission.

Animoca’s Co-founder and Executive Chairman, Yat Siu, emphasizes the organization’s objective of onboarding the next million Web3 users. This commitment includes active participation in validating the TON network and supporting projects like TON Play, aiming to provide gaming infrastructure directly on Telegram and tap into its vast user base of 800 million active users.

Clever Robot News Desk 30th November 2023

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