As a seasoned blockchain analyst with years of experience in observing and analyzing partnerships in the crypto space, I am excited about the strategic collaboration between TON Blockchain and Mocaverse through the MOCA Foundation. The potential for this partnership is immense, with a combined addressable market of over 1.6 billion users, given Telegram’s massive user base of 900 million and Moca Network’s 700 million addressable users.
The collaboration between TON Blockchain, Mocaverse, and the MOCA Foundation has been officially announced, aiming to create a thriving ecosystem with a user base exceeding 1.6 billion people.
On Monday, Animoca Brands revealed plans to boost expansion and cryptocurrency usage within the Mocaverse and TON Blockchain communities. MOCA Coin (MOCA) and Toncoin (TON) will play essential roles in this collaboration, according to the company’s statement.
TON Blockchain and Mocaverse eye 1.6 billion user base
Mocaverse, supported by Animoca Brands, a leading figure in gaming and investments, and TON Blockchain, endorsed by Telegram, are exploring a partnership to create a “consumer network with a focus on identity and reputation.”
As a researcher studying the latest developments in the blockchain industry, I’ve come across an exciting announcement from Animoca Brands. According to Yat Siu, the executive chairman and co-founder of this innovative company, a new collaboration between Animoca Brands and TON Blockchain signifies a shared commitment to advancing Web3 technology and securing digital property rights. This partnership, Siu emphasized, could potentially amplify user adoption for both Mocaverse and TON Blockchain.
“The distinctive alliance between Telegram and the TON Foundation, as announced recently, offers a chance to introduce Moca ID and the Realm Network SDK to Telegram’s vast user base of 900 million. We anticipate this integration could significantly boost the impact of all involved networks.”
Essentially, the proposed deal implies a potential customer base exceeding 1.6 billion people. This is calculated based on Telegram’s current user count of 900 million and Moca Network’s over 700 million potential users. The latter figure encompasses more than 450 companies within the Moca Network and Animoca Brands’ collaborative ecosystem.
Initiatives to include games, hackathons, accelerator program
As a researcher studying this partnership between TON and the MOCA Foundation, I would describe it as follows: Together, we’ll harness our go-to-market strategies and native token resources to achieve our collaborative goals. Furthermore, we plan to incorporate Moca ID into the TON Blockchain and its related ecosystem. Additionally, for seamless interoperability, we will integrate TON Society ID within MOCA Foundation’s offerings.
Plans exist to utilize Mocaverse’s interoperable Software Development Kit (SDK) and Telegram’s Mini App Platform. The announcement of Telegram’s Mini App Store by its CEO, Pavel Durov, came just a few days prior.
As an analyst, I would identify several sectors that hold potential for attracting a larger user base across the networks. These areas encompass social casual gaming, sports, and intellectual property (IP) experiences. Additionally, our partners intend to spearhead co-branded hackathons and initiate an accelerator program.
In the past few months, there has been a significant surge of interest in Telegram-based tap-to-earn cryptocurrency projects such as Notcoin and Hamster Kombat, which have gained popularity on the crypto market.
MOCA and TON incentive program
In the course of their strategic collaboration, MOCA Foundation and TON Foundation have arranged for a token exchange at the foundation level between MOCA and TON.
A steering committee, as outlined in the accord, will manage a collective fund of $20 million to motivate both developers and users. Some strategies for achieving this goal involve collaborative airdrops utilizing TON‘s The Open League and Moca Network’s PointFi platforms.
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2024-07-22 17:12