According to ChainCatcher, Animoca Brands co-founder and executive chairman Yat Siu said in a recent interview that thanks to Telegram and TON, he believes that in the next 12 to 18 months, more than 100 million users will join Web3 because distribution channels such as Telegram are launching games.

NFTs currently have a monthly trading volume of approximately $500 million, and typically see more trading volume and activity after the summer when market activity picks up. The NFT market is also seasonal.

In addition, Animoca Brands currently has more than 500 investments, including around games, education and distribution, with approximately 160 investments in the gaming sector and more than 70 investment transactions completed in the education sector.