The TON Foundation announced its partnership with Animoca Brands' Mocaverse. This agreement intends to connect Telegram's large user base to 450 Animoca-backed products.
Mocaverse introduced its MOCA token on Ethereum to support wallet-based identities, NFT trading, and metaverse experiences. They initiated a token swap with the TON Foundation to support growth.
With this new partnership, Mocaverse can now have acccess to Telegram's 1.6 billion registered users. Own a Moca ID to gain access to Toncoin's reputation system and the TON Society ID framework.
Yat Siu, Executive Chairman of Animoca Brands, commended the partnership's uniqueness. MOCA Foundation will partner with TON to host hackathons, with $20 million in tokens set aside to fund these efforts.
TON Foundation, a community-driven blockchain initiative, is seeing a surge in visitors via mini-apps and games. They can benefit from Animoca Brands' experience with Web3 games and metaverse projects as a result of this relationship.
MOCA Foundation aims to increase Mocaverse adoption. They plan co-branded hackathons and want to entice people with token incentives. Owning a MOCA ID grants access to Animoca's vast environment.
