Mocaverse Faucets Ton To Carry Plenty Into Web3

Mocaverse, a non-fungible token assortment from the sport software program firm and enterprise capital firm Animoca Manufacturers, has signed a strategic partnership with Ton Blockchain

Mocaverse, a non-fungible token (NFT) collection launched by blockchain gaming and NFT infrastructure provider Animoca Brands, has announced a new strategic partnership with TON Blockchain to build out the interoperable consumer network. Together, Mocaverse and TON Blockchain aim to drive mass client crypto and NFT adoption.

“We’re excited to announce our strategic partnership with @ton_blockchain to develop the interoperable client network. Collectively, we’re driving true client crypto adoption!”

900M + 700M = 1.6 Billion+ Addressable Customers ??With Moca Community’s 700m+ addressable customers, this… pic.twitter.com/gIGugmlxwF

— Mocaverse?? (@Moca_Network) July 22, 2024

Launched in March 2023, Mocaverse is a collection of 8,888 NFTs—called Mocas—that are hosted on the Ethereum blockchain. The Mocaverse NFT project was created to tie together Animoca Brands’ vast ecosystem of Web3 and metaverse-centric initiatives, and to spotlight the company’s portfolio of crypto projects, subsidiaries, joint ventures, and partners through a single NFT collection.

Meanwhile, The Open Network (TON) is a decentralized computer network that consists of a layer-1 blockchain with several components. The Open Network is focused on putting crypto in every pocket by building out the Web3 ecosystem in Telegram and making digital ownership easy for billions.

Mocaverse and TON Blockchain Integration

As part of this strategic partnership, Mocaverse noted that its 900 million users will combine with TON’s 700 customers to create a collective addressable user base of 1.6 billion+ customers. Mocaverse Community aims to become the network of networks, with TON being the anchor partner to spearhead cross-ecosystem development, followed by more partnerships with the broader TON ecosystem app.

Additionally, Mocaverse and the TON Foundation will establish a governance committee to drive partnership initiatives and treasury for ecosystem development. The new governance committee will deploy $TON and $MOCA from the token swap agreement, valued at $20 million, to support cross-user pollination and drive user growth through the PointFi system and onboarding apps to the TON ecosystem.

The Mocaverse NFT collection has reacted strongly to this new partnership announcement. Data from CoinGecko.com, an on-chain crypto market data aggregator and NFT collection explorer, shows that the Mocaverse NFT trading sales volume has surged +100% today.

Over the past 24 hours, the Mocaverse NFT collection has seen its trading sales volume reach 20 ETH, up 106% from the previous day. Mocaverse has also seen its floor price increase from 1.38 ETH to 1.48 ETH shortly after the announcement. The NFT collection has a market cap of 13,119 ETH.

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