TL;DR
- Decentralized Identity Integration: Mocaverse, backed by Animoca Brands, will develop a decentralized identity network. Moca ID and TON Society ID enhance on-chain reputation and interoperability.
- Technological Infrastructure Synergy: Mocaverse Real Network’s SDK and Telegram Mini App Platform are accessible to all communities. Integration includes social gaming products and IP experiences. Strategic alignment for future growth.
- Token Exchange and Developer Empowerment: $20 million worth of MOCA and TON tokens exchanged. Airdrops encourage cross-platform engagement. Co-branded hackathons and community accelerators empower developers.
Mocaverse, a metaverse backed by Animoca Brands, MOCA Foundation, and Ton Foundation, has just established a game-changing partnership that is set to transform the metaverse as we know it. This alliance is focused on building fresh relationships and fueling the expansion and acceptance of their individual cryptographic ecosystems.
We are excited to announce our strategic partnership with @ton_blockchain to grow the interoperable consumer network. Together, we are driving true consumer crypto adoption!
900M + 700M = 1.6 Billion+ Addressable Users 🤳🏻
With Moca Network’s 700m+ addressable users, this… pic.twitter.com/gIGugmlxwF— Mocaverse💼🪐 (@Moca_Network) July 22, 2024
At the heart of this groundbreaking partnership lies a commitment to mutual expansion. Let’s delve into the key aspects:
Decentralized Identity (DID) Integration
Mocaverse, an on-chain consumer network backed by Animoca Brands, will support the development of a decentralized identity network. The Mocaverse identifier (Moca ID) will play a central role in promoting on-chain reputation within the ecosystem. TON Society ID, another critical resource, enhances interoperability and facilitates user cross-pollination.
Technological Infrastructure Integration
The cutting-edge SDK from Mocaverse Real Network and the innovative Telegram Mini App Platform are now open to all three communities. This integration includes social gaming products and IP experiences, in line with our strategic objectives for the future.
Empowering Developers
To onboard new users, the partnership plans to launch a co-branded hackathon and a community accelerator. Talented developers will have opportunities to collaborate and brainstorm innovative projects.
Token Exchange and Incentives
The partnership involves a strategic swap of tokens. Both MOCA and TON ecosystems are offering $20 million worth of cryptocurrencies. Airdrops facilitated by The Open League of TON and Moca Network’s PointFi platform are encouraging cross-platform collaboration.
Broad Ecosystem Impact
Mocaverse, with its portfolio of over 450 companies, will integrate with the TON blockchain. This integration will enrich the TON ecosystem with culture and entertainment content. TON, in turn, boasts a user base of over 900 million active users through Telegram Messenger’s official Web3 infrastructure.
Steering Committee for Common Objectives
Mocaverse, MOCA Foundation, and TON Foundation will establish a steering committee to address challenges and align objectives. This partnership represents a pivotal moment in the evolution of the metaverse.
By combining forces, Mocaverse and Ton Foundation aim to revolutionize how we interact, create, and explore virtual worlds. Investors and users alike can look forward to exciting decentralized innovations on the horizon.