Animoca Brands, a venture capital company focused on gaming and the Metaverse, has recently invested in the TON ecosystem, becoming the largest validator on the TON blockchain. This strategic move highlights Animoca Brands’ growing commitment to the world of cryptocurrencies and blockchain technologies.
As an active supporter of third-party game projects, Animoca Brands is contributing to the development of TON Play, the gaming infrastructure of the TON network. With its involvement in various web3 gaming projects, Animoca Brands has gained attention for its work on Yuga Labs’ innovative Metaverse, The Otherside.
The TON network has received endorsement from Telegram as the blockchain of choice for Web3 developments, providing TON-based projects with a potential target audience of 800 million users of the messaging application. Animoca Brands’ investment in TON aligns with this recognition, indicating significant growth potential for the TON ecosystem in the realm of Web3 applications and gaming.
