Animoka Brands becomes the largest validator on the TON network

Invest in TON too

Animoca Brands, a major Web3 company promoting game and metaverse digital asset IP, announced on the 28th that it has invested in the TON (The Open Network) ecosystem and has become the largest validator of the L1 blockchain “TON”. Announced.

TON is a blockchain originally designed by Telegram, which has over 800 million monthly users. In 2018, Telegram was sued by the U.S. Securities and Exchange Commission (SEC) alleging that its ICO (initial coin offering) conducted with the virtual currency “Gram” violated securities laws, and Telegram was forced to halt development. Taken over by the TON Foundation, TON is now a community-led project.

At the end of October, crypto asset exchange Bitpoint announced the first listing of TON in Japan.

connection: Bitpoint, Toncoin (TON) to be listed for the first time in Japan

Through its participation in the TON ecosystem, Animoka Brands will invest in TON’s native gaming infrastructure project “TON Play”. TON Play provides the necessary infrastructure and solutions for game projects built on TON to launch directly on Telegram, and for developers to port existing web games directly within Telegram via web apps. providing.

“TON Play will provide the necessary infrastructure and solutions to launch new game projects on TON, enabling the smooth porting of Animoka Brands’ portfolio of over 400 Web3 projects directly to Telegram.” “I will,” he explained.

On the other hand, the amount invested in TON and TON Play has not been disclosed.

connection: Bitcoin Ordinal introduction game Farcana receives strategic investment from Web3 major Animocha

Wallet “TON Space”

Although TON does not have a direct relationship with Telegram in its development, it continues to develop new products for Telegram users, such as releasing the Telegram-compatible virtual currency wallet “TON Space” in September.

connection: Telegram officially releases TON-based virtual currency wallet “TON Space”

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・iOS17 compatible
・Improved display of in-app WebView
・Improved behavior when tapping notifications
Such… pic.twitter.com/Y8dikLRBe7

— CoinPost (virtual currency media) (@coin_post) November 15, 2023

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