Animoca Brands Spearheads TON Blockchain as Largest Validator

• The amount of Animoca’s investment was kept under wraps. 
• The company’s long-term strategy includes backing the TON Play initiative.

With the goal of bringing blockchain-based games to the 800 million users of the messaging app Telegram, Web3 investment company Animoca Brands becomes the biggest validator on The Open Network (TON) blockchain.

The collaboration includes research, investment, and an analytics platform for third-party TON ecosystem apps. However, the amount of Animoca’s investment was kept under wraps. Nevertheless, it is believed that a portion of the investment was staked in Toncoin, as per the validator agreement.

Banking on GameFi

Moreover, market study on TON’s larger ecosystem has been carried out by Animoca, with an emphasis on the platform’s capacity to promote the use of cryptocurrencies and GameFi.

The company’s long-term strategy includes backing the TON Play initiative, which is building a gaming infrastructure on the TON blockchain. Also, the framework enables the development of gaming apps on TON, to be launched on Telegram, and the transfer of existing games from the web to the messaging application.

Developers will be able to reach 800 million people using Telegram via Ton Play’s web app and the mobile app’s PlayDeck bot, which lets users peruse a library of mobile games. Animoca is looking at the possibilities of bringing some of its games and apps to Telegram from its library of more than 400 Web3 projects.

The TON Analytics Dashboard, built by Animoca Brands Research, compiles data from the TON open internet ecosystem, which includes the TON Blockchain, TON DNS, TON Storage, and TON Sites, among others. Furthermore, Animoca Digital Research will also release two studies that investigate how TON Blockchain may hasten crypto’s mainstream acceptance.

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