TON Blockchain and Animoca Brands Announce $20 Million Initiative Targeting 1.6 Billion Users

🗓 Announcement Date: Monday, July 22

🔵 Partners:

🔹 Animoca Brands

🔹 The Open Network (TON)

🔹 Moca Network and MOCA Foundation

🔵 Objective:

🔹 Reserve Fund: 20 million USD in MOCA and Toncoin to promote GameFi and Web3 gaming.

🔹 Activities: Organizing The Open League, hackathons, and accelerator programs to develop the Open Network ecosystem.

🔵 Developing User Base:

🔹 TON Society ID: Decentralized identity certificate helps users participate in blockchain governance. The goal is to reach 500 million users by 2028.

🔹 Mocaverse: Supports the development of reputation points system and provides data for the project.

🔵 Declaration:

🔹 Steve Yun:

“This partnership confirms TON as the preferred platform for games and social applications.”

🔹 Yat Siu:

“This partnership will expand our network effect to 900 million Telegram users.”

🔵 Current Situation:

Toncoin: Current price 6.96 USD, down 2.7% in the last 24 hours and 5.8% in 7 days.

🔗 Source: https://t.me/cryptoanalysisvn/1/1825

#TONBlockchain #AnimocaBrands #Web3 #gamefi #CryptoCurrurencyNews