Animoca Brands and TON Blockchain Announce $20M Partnership to Boost $TON Adoption to 1.6 Billion Users

Animoca Brands and TON Blockchain have announced a significant partnership with Moca Network and Moca Foundation. The collaboration includes a $20 million reserve aimed at boosting 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 Moca Network and TON Blockchain ecosystems.

As part of the agreement, Moca Foundation and The Open Network Foundation will execute a 1:1 token swap of MOCA Coin priced at $0.113, involving 88,888,888 MOCA tokens. The combined value of the tokens is $20 million.

This initiative aims to drive true consumer crypto adoption, leveraging Moca Network's 700 million addressable users and TON Blockchain's extensive reach, totaling 1.6 billion addressable users.

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