Mocaverse NFT Project Partners With TON To Bring Masses Into Web3

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Mocaverse,
a
non-fungible
token
collection
from
the
game
software
company
and
venture
capital
company
Animoca
Brands,
has
signed
a
strategic
partnership
with
Ton
Blockchain
to
bring
the
masses
into
the
nascent
web3
space.
In
this
article,
we
shall
assess
the
new
collaboration
in
more
detail.

Mocaverse
Taps
Ton
To
Bring
Masses
Into
Web3

In
a
July
22
blog
post,
Mocaverse
confirmed
inking
a
strategic
partnership
with
Ton
Blockchain
to
grow
the
interoperable
consumer
network.
Mocaverse
and
Ton
Blockchain
anticipate
driving
true
consumer
crypto
and
non-fungible
token
adoption
jointly.

Launched
in
March
2023,
Mocaverse
is
a
non-fungible
token
collection
launched
by
blockchain
gaming
and
NFT
infrastructure
provider
Animoca
Brands.
Mocaverse
NFT
collection
features
8,888
NFTs
of
characters
called
Mocas
hosted
on
the
Ethereum
blockchain
network.

The
Mocaverse
NFT
project
was
created
to
strengthen
Animoca
Brands’
ecosystem
of
Web3
and
metaverse-centric
projects,
as
well
as
bring
together
the
company’s
portfolio
of
crypto
projects,
subsidiaries,
joint
ventures,
and
partners
through
a
unique
NFT
collection.

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

Mocaverse
And
Ton
Blockchain
Integration

Under
this
strategic
partnership,
Mocaverse
anticipates
joining
its
900
million
users
with
700
TON
users
to
create
a
collective
addressable
user
base
of
1.6
billion+
users.
Moca
Network
strives
to
become
the
network
of
networks,
with
TON
being
the
anchor
partner
to
champion
cross-ecosystem
growth,
followed
by
more
partnerships
with
the
broader
TON
ecosystem
app.

Moreover,
Mocaverse
and
TON
Foundation
anticipate
establishing
a
steering
committee
to
drive
partnership
initiatives
and
treasury
for
ecosystem
growth.
The
new
steering
committee
will
mobilize
$TON
and
$MOCA
from
the
token
swap
agreement,
valued
at
$20
million,
to
facilitate
cross-user
pollination
and
drive
user
growth
through
the
PointFi
system
and
onboarding
apps
to
the
TON
ecosystem.

Mocaverse
NFT
collection
has
reacted
sharply
to
this
new
partnership
announcement.
Data
from

CoinGecko.com
,
an
on-chain
crypto
market
data
aggregator
and
a
non-fungible
token
collection
explorer,
shows
that
the
Mocaverse
NFT
trading
sales
volume
has
surged
+100%
today.

Mocaverse

Mocaverse

In
the
past
24
hours,
the
Mocaverse
NFT
collection
has
raised
a
trading
sales
volume
of
20
ETH,
up
106%
from
the
past
day.
Mocaverse
also
saw
its
floor
price
surge
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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