Animoca Brands: top blockchain validator in TON ecosystem

Animoca Brands: top blockchain validator in TON ecosystem

user avatar

by Liza Tanasova

3 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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Barclays and Citigroup Boost Bitcoin ETF Holdings Amid Market Fluctuations

Barclays and Citigroup have significantly increased their holdings in Bitcoin ETFs, reflecting a growing integration of Bitcoin investment products into traditional financial markets.

user avatarBayarjavkhlan Ganbaatar

Ethereum's Technical Development and Security Roadmap Discussed

The Ethereum Institutional Forum featured discussions on the network's technical roadmap and post-quantum security measures, emphasizing the importance of security and reliability for institutional adoption.

user avatarMohamed Farouk

Tokenization and Blockchain Adoption Discussed at Ethereum Forum

Discussions on the tokenization of traditional assets and the benefits of blockchain technology for financial institutions.

user avatarDiego Alvarez

Ethereum Institutional Forum Showcases Wall Street's Growing Interest

The Ethereum Institutional Forum in London showcases the growing interest of Wall Street firms in Ethereum's blockchain technology.

user avatarElias Mukuru

Proposed Lending System Could Transform XRP Ledger

The proposed lending system aims to introduce new financial capabilities directly into the XRP Ledger.

user avatarMaria Fernandez

Next Steps for XRP Ledger's Lending Amendments

The next milestone for the XRP Ledger is securing the remaining validator votes for the lending amendments.

user avatarKenji Takahashi

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.