Animoca Brands' Mocaverse, MOCA Foundation, and TON Foundation announce a partnership to enhance growth and user engagement in web3 content, gaming, and community platforms.
Eliza Crichton-Stuart
Head of Operations
The Open Network (TON) Foundation has announced a strategic partnership with Animoca Brands’ Mocaverse and MOCA Foundation. This collaboration aims to drive ecosystem growth across the Moca Network and TON Blockchain ecosystems, establishing Mocaverse and TON as platforms for content, gaming, and community engagement.
Mocaverse Cover Banner on X
The partnership seeks to leverage the strengths of each organization to promote development and user engagement. The Moca Network, supported by Animoca Brands, a web3 leader with over 450 investments and a validator on the TON blockchain, will deliver content focused on culture and entertainment to the TON ecosystem, which is part of the web3 infrastructure of Telegram Messenger, with over 900 million active users.
Yat Siu, executive chairman and co-founder of Animoca Brands, commented: “The partnership between Mocaverse, TON Foundation, and MOCA Foundation is a significant step in our mission of web3 adoption and digital property rights advancement. Integrating Moca ID and the Realm Network SDK into Telegram's user base is expected to enhance our network effects.”
Animoca Brands’ Mocaverse and TON Foundation Announce Partnership
A key aspect of the partnership involves integrating identity and reputation systems like Moca ID and TON Society ID to enhance interoperability and user growth. Both the TON Foundation and MOCA Foundation will use go-to-market and token resources to support user engagement across their ecosystems.
Steve Yun, TON Foundation council President, noted: “TON's vision of interaction freedom aligns with Animoca Brands' focus on digital property rights. This partnership confirms TON as a platform for games and social apps. The reputation system we co-create will enable users to express their identity and values on-chain, advancing blockchain application adoption.”
To encourage developers and users, MOCA Coin (MOCA) and Toncoin (TON), with a combined value of USD $20 million, will be used. This includes joint airdrops through TON’s The Open League and Moca Network's PointFi platform, aiming to boost adoption and engagement within both ecosystems.
Manuel Stotz, TON Foundation council member and founder and Managing Partner of Kingsway Capital, added: “This collaboration brings together two leading web3 players, creating opportunities for scaling and value creation in blockchain gaming and beyond.”
MOCA Coin (MOCA) and Toncoin (TON)
The partnership will focus on hackathons and accelerator programs to create opportunities for developers. This collaboration is expected to introduce new tools and attract users, supporting the goal of global user adoption.
Mocaverse will assist in building a scoring reputation system on TON, sharing data from their gaming and content systems and providing technical support. This reputation system will help founders identify active users and allow users to gain value by generating content about their preferred applications.
The Open Network (TON)
The partnership between Animoca Brands’ Mocaverse, MOCA Foundation, and TON Foundation aims to enhance ecosystem growth and user engagement in the web3 space. By combining their resources and expertise, these organizations intend to drive innovation and adoption in content, gaming, and community platforms, contributing to the development of digital interaction and blockchain technology. For more information visit https://www.mocaverse.xyz.
updated:
July 23rd 2024
posted:
July 22nd 2024
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