In a move that could reshape the blockchain landscape, TON Blockchain has partnered with Animoca Brands’ Mocaverse and the MOCA Foundation. This strategic alliance aims to create a vast interoperable consumer network with a potential reach exceeding 1.6 billion users.
The partnership leverages the strengths of both parties: TON boasts over 900 million users, while Moca Network brings a network of its own, reaching 700 million users. This combined user base creates a significant force in the crypto space. Moca Network positions itself as a “network of networks,” with TON serving as the anchor for cross-ecosystem expansion.
To govern this collaboration, a steering committee will be formed, overseeing initiatives and managing a $20 million treasury dedicated to ecosystem growth. This includes a token swap agreement, with funds used to attract new users and applications to the TON ecosystem.
A key focus of the partnership is the user’s reputation. The collaboration will promote the adoption of the Realm SDK, establishing a central source of user reputation across TON apps. This enhances trust and potentially leads to increased user engagement.
This alliance has the potential to significantly improve the user experience within the blockchain ecosystem. By combining resources, user bases, and technologies, the TON, Mocaverse, and MOCA Foundation aim to be at the forefront of mainstream crypto and blockchain adoption.
In a separate but related development, Animoca Brands plans to launch a validator on the core chain. Validators play a crucial role in network security by verifying transactions. By becoming a validator, Animoca Brands actively participates in Core’s governance and stability, supporting its vision to unlock trapped liquidity on the Bitcoin blockchain. Additionally, Animoca Brands plans to collaborate with core contributors and dApps within its Web3 portfolio.
This strategic partnership between TON and Mocaverse, coupled with Animoca Brands’ involvement with Core, signifies a promising step towards a more interconnected and user-friendly blockchain future.
