2024

Foundation

Realm

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<ul> 
 <li>TON Blockchain, Animoca Brands, and MOCA Foundation are partnering to create an interoperable network reaching over 1.6 billion users.</li> 
 <li>A $20 million token swap agreement between TON and MOCA tokens will fund user growth and app integration into the TON ecosystem.</li> 
 <li>The partnership will use Realm SDK to enhance user reputation and trust across apps on the TON Blockchain.</li> 
</ul> 
<p>TON Blockchain has announced a pivotal partnership with Animoca Brands’ Mocaverse and the MOCA Foundation. This alliance is set to create one of the most extensive interoperable consumer networks in the cryptocurrency sector. The collaboration combines TON’s 900 million user base with Mocaverse’s 700 million, potentially reaching over 1.6 billion users.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr">We are excited to announce our strategic partnership with <a href="https://twitter.com/ton_blockchain?ref_src=twsrc%5Etfw">@ton_blockchain</a> to grow the interoperable consumer network. Together, we are driving true consumer crypto adoption!<br><br>900M + 700M = 1.6 Billion+ Addressable Users <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f933-1f3fb.png" alt="🤳🏻" class="wp-smiley" style="height: 1em; max-height: 1em;"><br>With Moca Network’s 700m+ addressable users, this… <a href="https://t.co/gIGugmlxwF">pic.twitter.com/gIGugmlxwF</a></p>— Mocaverse
   <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4bc.png" alt="💼" class="wp-smiley" style="height: 1em; max-height: 1em;">
   <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1fa90.png" alt="🪐" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@Moca_Network) <a href="https://twitter.com/Moca_Network/status/1815327592733643111?ref_src=twsrc%5Etfw">July 22, 2024</a>
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<p>This partnership aims to broaden the reach of consumer crypto and boost its adoption across various platforms. The integration of these networks promises to reshape the blockchain landscape significantly. By joining forces, the three entities are working to enhance the cross-ecosystem growth and interoperability within the cryptocurrency space.</p> 
<p><strong>Governance and Financial Commitment</strong></p> 
<p>A steering committee will be established to manage the partnership’s initiatives, which will include representatives from the Mocaverse, MOCA Foundation, and the <a href="https://cryptonewsland.com/ton-blockchain-surpasses-300m-in-tvl-achieving-tenfold-growth-since-march/" target="_blank" rel="noreferrer noopener">TON</a> Foundation. It will oversee a dedicated treasury for ecosystem expansion and facilitate coordination between the partners.</p> 
<p>The alliance involves a substantial financial component, with a $20 million token swap agreement involving TON and MOCA tokens. These funds are earmarked for enhancing user growth through the PointFi system and integrating new applications into the TON ecosystem.</p> 
<p><strong>Focus on User Reputation and Network Adoption</strong></p> 
<p>A notable feature of this collaboration is its emphasis on user reputation. The partnership will promote the Realm SDK as a primary tool for managing user reputation across apps on the TON Blockchain. This initiative aims to build trust and credibility within the network, potentially leading to increased engagement and broader adoption.</p> 
<p>Furthermore, this strategic alliance marks a significant advance toward a more interconnected and user-centric blockchain ecosystem. By leveraging their combined resources and technologies, TON Blockchain, Mocaverse, and the MOCA Foundation are positioning themselves to drive mainstream adoption of blockchain technology and cryptocurrency.</p> 
<p>The partnership between TON Blockchain, Animoca Brands, and the MOCA Foundation represents a major leap towards a unified and expansive cryptocurrency network. As these organizations work together to enhance blockchain interoperability and user engagement, they are poised to influence the future trajectory of the blockchain industry.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read Also:</h4> 
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 <li><a href="https://cryptonewsland.com/karma3-labs-raises-a-4-5m-seed-round-led-by-galaxy-and-ideo-colab-to-build-openrank-a-decentralized-reputation-protocol/">Karma3 Labs Raises a $4.5M Seed Round Led By Galaxy and IDEO CoLab to Build OpenRank, a Decentralized Reputation Protocol</a></li> 
 <li><a href="https://cryptonewsland.com/contrasting-fortunes-animoca-brands-flourishes-as-robinhood-suffers-crypto-fall/">Contrasting Fortunes: Animoca Brands Flourishes as Robinhood Suffers Crypto Fall</a></li> 
 <li><a href="https://cryptonewsland.com/carv-brings-on-animoca-brands-as-strategic-investor-and-node-operator/">CARV brings on Animoca Brands as strategic investor and node operator</a></li> 
 <li><a href="https://cryptonewsland.com/web3-leader-animoca-brands-joins-mitsui-to-innovate-japanese-market/">Web3 Leader Animoca Brands Joins Mitsui to Innovate Japanese Market</a></li> 
 <li><a href="https://cryptonewsland.com/nasdaq-favors-animoca-brands-as-it-hits-500m-2022-funding/">Nasdaq Favors Animoca Brands as It Hits $500M 2022 Funding</a></li> 
</ul> 
<p>The post <a href="https://cryptonewsland.com/ton-blockchain-partners-with-animoca-brands-for-consumer-network-expansion/">TON Blockchain Partners with Animoca Brands for Consumer Network Expansion</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

TON Blockchain Partners with Animoca Brands for Consumer Network Expansion

Crypto News Land

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