Mocaverse, MOCA Network Partner With Telegram's TON Foundation

Animoca Brands' Mocaverse and the TON Foundation have partnered to implement an identity-based consumer network across their respective ecosystems.

The Deets

• Identity Integration: Moca ID and TON Society ID will enhance user interaction.
• Token Swap: MOCA Coin and Toncoin swapped to incentivize ecosystem growth.
• Developer Support: Co-branded hackathons and accelerators to empower developers.
• User Engagement: Joint efforts to onboard users through gaming, sports, and IP experiences.

The Bulk

Animoca Brands’ Mocaverse has announced a strategic partnership with MOCA Foundation and The Open Network (TON) Foundation to develop an identity and reputation-based consumer network. This collaboration includes a token swap agreement between MOCA Coin and Toncoin, valued at $20 million, to incentivize user engagement and ecosystem growth.

The partnership aims to integrate Moca ID, Mocaverse’s decentralized identifier, and TON Society ID to facilitate seamless user interaction across both ecosystems. These IDs will allow users to express their identities and values on-chain, promoting interoperability and engagement. The initiative will focus on cultural verticals like social casual gaming, sports, and intellectual property experiences to onboard and engage users.

Mocaverse and the foundations will also launch co-branded hackathons and an accelerator to support talented developers in both ecosystems. They will use their resources to facilitate user cross-pollination and engagement through the Realm Network SDK, integrated into the TON Blockchain, and the Telegram Mini App Platform.

🎤 Founder Feedback

🔜  What's Next?

Future initiatives include further development of the identity and reputation systems and exploration of additional areas for collaboration to drive ecosystem growth.

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