• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Animoca Brands: top blockchain validator in TON ecosystem

Animoca Brands: top blockchain validator in TON ecosystem

user avatar

by Liza Tanasova

2 years ago


Hong Kong-based Animoca Brands has acquired the status of the largest blockchain validator of The Open Network (TON) and announced plans to invest in GameFi projects based on the TON ecosystem. In addition, Animoca Brands will provide strategic support for the TON Play project, which allows game apps to be created in TON and launched in Telegram, as well as migrating existing games to the messenger. The company will also develop an analytics platform for blockchain-based applications and create a proprietary analytics dashboard for the TON ecosystem.

TON Foundation's Director of Development, Justin Hen, emphasized the importance of Animoca Brands' investment, calling it an important step into the next era of blockchain-based gaming. His statement is supported by Animoca Brands' plans to raise $50 million in investment.

The TON coin's 2% growth in the last 24 hours indicates the market's positive perception of this event, emphasizing the significance of Animoca Brands' step in the world of blockchain gaming and investment in the TON ecosystem.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Fenwick West Settles for $54 Million Over FTX Allegations

chest

US law firm Fenwick West has agreed to pay $54 million to settle claims related to its legal services for the defunct crypto exchange FTX.

user avatarKenji Takahashi

The Legal Fallout from FTX's Collapse

chest

FTX collapsed in November 2022 due to mismanagement and fraud, leading to significant legal repercussions and the conviction of founder Sam Bankman-Fried.

user avatarDiego Alvarez

Potential ETF Inflows Could Boost XRP Price

chest

The CLARITY Act, pending a Senate vote, could lead to significant ETF inflows into XRP, estimated between 4 to 8 billion, potentially boosting its price.

user avatarMaria Fernandez

Ethereum Price Sees Major Reversal but Smart Money Remains Active

chest

Ethereum's price has reversed most of its gains from April, finding support just above $2,000, while smart money investors remain active in accumulating tokens despite market downturns.

user avatarGustavo Mendoza

Bitcoin Spot ETFs Face Record Withdrawals Amid Market Losses

chest

Bitcoin Spot ETFs faced significant net outflows totaling 126 billion last week, marking the heaviest withdrawals since January.

user avatarRajesh Kumar

Decline in XRP Whale Activity Signals Market Compression

chest

XRP whale activity has significantly decreased, indicating a potential market compression phase.

user avatarMiguel Rodriguez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.