TON x Animoca Deal Looks to Bring Web3 Gaming to Telegram

Animoca Brands becomes TON Blockchain’s largest validator, marking a strategic partnership to integrate Web3 gaming into Telegram’s platform.

Gamer looking shocked as he is staring at a Ton coin and an Animoca coin above his head.
Created by Gabor Kovacs from DailyCoin
  • Animoca Brands becomes the largest validator on the TON blockchain.
  • The partnership will bring Web3 gaming to millions of Telegram users.
  • Telegram has been making strides in becoming the Web3 super app.

Web3 gaming has been on the quest to reach a mainstream audience for years. However, the latest partnership between The Open Network (TON) and Animoca Brands could bring it closer, making the popular messaging platform Telegram a hub for Web3 gaming. 

Animoca Brands has recently stepped up as the largest validator on TON’s blockchain as part of this partnership. This move leverages TON’s infrastructure within Telegram to bring Web3 gaming to a news audience. 

Animoca Brands and TON Bring Web3 to Telegram

On Tuesday, November 28, 2023, Animoca Brands became the largest validator on TON Blockchain as part of a strategic collaboration with the TON Foundation. This move aims to integrate Web3 gaming into Telegram, a platform with an existing user base of over 800 million.

The partnership centers around TON Play, which aims to integrate blockchain-based gaming directly into Telegram. This tool enables developers to port existing games directly to the Telegram app. 

Notably, the partnership will bring Animoca Brands’ extensive portfolio of Web3 projects. With over 400 projects, Animoca Brands’ support for TON Play means that Telegram users can access various gaming experiences. 

Animoca Brands Invests Heavily in TON Partnership

The TON Foundation signals that Animoca Brand’s investments indicate a strong belief in a strong belief in the future of TON Blockchain. For one, Animoca Brand’s position as a major validator will give it a major say in governance over TON. 

Moreover, Animoca Brands has also conducted in-depth research on TON Blockchain, creating two research papers. These papers focus on TON’s scalability and the user-friendliness of its decentralized applications (dApps), key factors in the potential mass adoption of cryptocurrencies.

Complementing their research, Animoca Brands has developed an analytics dashboard, a tool designed to track TON Blockchain’s growth metrics. This public resource dashboard offers transparency and detailed insights into the blockchain’s development trajectory.

On the Flipside

  • TON has seen a major surge in 2023 after news of its collaboration with the Telegram platform surfaced. For one, Telegram will feature TON’s crypto wallet. Telegram was the original developer behind TON Blockchain but had to sever its ties to the project due to regulatory concerts in the US. 
  • Telegram’s TON payments put the messaging app in competition with Musk’s vision for Twitter as the “everything app.” 

Why This Matters

The collaboration between TON and Animoca Brands has implications for the involved entities and the broader landscape of Web3 adoption. This partnership validates its blockchain capabilities and potential for TON while opening a new market for Animoca. At the same time, this partnership serves as a key milestone in the journey towards mainstream Web3 adoption. 

Read more about TON’s surge thanks to its Telegram partnership: 
TON Roars Back from Crypto Obscurity as Top 10 Contender

Read more about the SEC’s investigation of Binance: 
SEC Still Investigating Binance for Potential FTX-Like Fraud

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
David Marsanic

David Marsanic is a journalist for DailyCoin who covers the intersection of crypto, traditional finance, and government. He focuses on institutionalized crypto entities like major cryptocurrency exchanges and Solana, breaking down complex topics into easy-to-understand writing. David's prior experience as a business journalist at various crypto and traditional news sites has enabled him to maintain a critical approach to news while adhering to high journalistic integrity standards.