Animoca Brands Corporation Ltd has deepened its involvement with the GameFi sector and particularly the TON ecosystem by becoming the largest validator on the TON Blockchain.
The company has been assisting with the growth of third-party gaming and GameFi projects within TON’s ecosystem as projects endeavour to scale.
Prior to this commitment, Animoca Brands conducted research into the TON ecosystem, culminating in two papers.
The papers highlighted the TON Blockchain's potential in fostering mainstream crypto adoption, highlighting user-friendliness and scalability as critical factors for community growth.
Transitioning from Web2 to Web3
“This strategic investment in TON is a key part of our broader commitment to help onboard the next million Web3 users by facilitating a seamless transition from Web2 to Web3,” Animoca Brands co-founder and executive chair Yat Sui said.
“Taking part in the network’s validation underlines our faith in the successful realisation of the vision behind the TON project as it looks to bring Web3 into the mainstream.
“We have already seen significant growth potential in games with TON, and we’re looking forward to working with the other innovative teams building exciting TON-based games.”
In a move to foster transparency and deeper understanding, Animoca Brands has introduced an analytics dashboard, offering a visual representation of TON’s growth metrics.
"A pivotal step"
"Animoca Brands' investment in The Open Network is a pivotal step towards the next era of blockchain-based gaming," said director of Growth at TON Foundation Justin Hyun.
"Its new analytics platform and in-depth research reports represent alignment with TON Foundation's mission.
“Together, we will infuse Web3 seamlessly into the daily experiences of Telegram users, particularly in gaming, for a global audience to enjoy."
TON Play
Animoca Brands has already earmarked TON Play, a faming infrastructure project, for support.
TON Play is designed to streamline the launch of gaming projects on TON, enabling direct integration with Telegram and for developers to port any existing web game directly inside Telegram via a web app.
Keeping the process as simple as possible, the TON Play Toolkit is designed to make the development of blockchain-based games is intuitive for developers of all skill levels.
The company believes that TON Play offers the necessary infrastructure and solutions for launching new gaming projects on TON and enables Animoca Brands’ portfolio of over 400 Web3 projects to be smoothly ported directly into Telegram.