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Animoca Brands and TON Blockchain Announce $20M Partnership to Increase $TON Adoption to 1.6B Users
Animoca Brands and TON Blockchain have announced a major partnership with Moca Network and Moca Foundation.
Animoca Brands and TON Blockchain have announced a significant partnership with Moca Network and Moca Foundation. The partnership includes a $20 million fund aimed at promoting TON adoption through incentives such as The Open League, hackathons, and accelerator programs.
Additionally, the partnership will implement an identity and reputation-based consumer network across the Moca Network and TON Blockchain ecosystems.
As part of the agreement, Moca Foundation and The Open Network Foundation will perform a 1:1 token swap of MOCA Coin at a price of $0.113, involving 88,888,888 MOCA tokens. The combined value of the tokens is $20 million.
This initiative aims to drive true consumer adoption of cryptocurrency by leveraging Moca Network’s 700 million addressable users and the vast reach of TON Blockchain, which totals 1.6 billion addressable users.
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