Animoca Brands, a leader in Web3, became TON's largest network validator and will provide funding, research, and analytics for third-party mini-apps in the TON ecosystem.
Animoca Brands is Hong Kong's most active investor in Web3, with a portfolio of more than 400 investments in Web3, both directly and through Animoca Ventures, including Yuga Labs, Axie Infinity, Polygon, Consensys, Fireblocks, OpenSea, and many others.
The company develops and publishes a wide range of products, including original games such as The Sandbox, PHANTOM GALAXIES™, Life Beyond, and Crazy Defense Heroes, as well as products using popular intellectual objects from the world of sports and entertainment.
"This strategic investment in TON is a key part of our broader commitment to help onboard the next million Web3 users by facilitating a seamless transition from Web2 to Web3. Taking part in the network’s validation underlines our faith in the successful realization of the vision behind the TON project as it looks to bring Web3 into the mainstream",said Yat Siu, co-founder and executive chairman of Animoca Brands.
"Animoca Brands' investment in The Open Network is a pivotal step towards the next era of blockchain-based gaming",according to Justin Hyun, Director of Growth at TON Foundation.
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