TON Blockchain And Animoca Brands Unveil $20M Initiative To Reach 1.6 Billion Users
Summary
Animoca Brands, TON blockchain, Moca Network, and MOCA Foundation partnered to establish a $20 million MOCA coin and Toncoin reserve to incentivize Open Network ecosystem adoption. The collaboration aims to introduce "TON Society ID" for decentralized identity and reach 500 million TON users by 2028. The partnership also seeks to bring new tools, users, and funding to drive mass adoption of Web3. Toncoin's trading price remained unaffected by the announcement.
