TON Blockchain, Mocaverse, and the MOCA Foundation have announced a big partnership that will help them build a huge ecosystem that could have over 1.6 billion people.
Animoca Brands said on Monday that the goal of the effort is to boost growth and crypto adoption across the Mocaverse and TON Blockchain networks. The MOCA Coin (MOCA) and Toncoin will be at the heart of the partnership.
Animoca Brands’ Mocaverse is a consumer network project, and TON Blockchain, which is backed by Telegram, wants to build a “identity and reputation-based consumer network” together.
TON Promotes Web3 Use
As the executive chairman and co-founder of Animoca Brands, Yat Siu stressed that this relationship fits with their common goals of promoting Web3 use and digital property rights. He said that working together could make users much more interested in both Mocaverse and TON Blockchain.
The partnership aims to reach more than 1.6 billion people by using Telegram’s 900 million users and Mocaverse’s 700 million potential users. This includes more than 450 businesses that are part of the Mocaverse and Animoca Brands’ community.
To reach the goals of their relationship, Blockchain and the MOCA Foundation will use their own tokens and market strategies. Plans call for using Mocaverse’s SDK and Telegram’s Mini App Platform, as well as combining Moca ID and Blockchain Society ID to make them work better together.
Along with co-branded hackathons and a startup program, future projects will focus on sports, IP experiences, and social casual games. New crypto projects built on Telegram, like Notcoin and Hamster Kombat, have also caused a lot of noise in the market.
MOCA Foundation and TON Foundation have agreed to trade tokens as part of the strategic partnership. The partnership also sets up a $20 million fund to reward devs and users through joint airdrops and other programs.