TechFlow news, on July 22, the TON Foundation announced a partnership with Mocaverse and the MOCA Foundation, both under Animoca Brands, to launch a $20 million ecosystem development initiative aimed at advancing cross-ecosystem growth. This collaboration will leverage reserves of MOCA Coin and Toncoin to jointly incentivize developers and drive user adoption within the TON ecosystem through open alliances, hackathons, and accelerator programs.
Steve Yun, Chairman of the TON Foundation Council, said: "The collaboration between Mocaverse, the TON Foundation, and the MOCA Foundation marks an exciting milestone in our shared mission toward mass Web3 adoption and the advancement of digital ownership. The unique synergy between Telegram and the TON Foundation, combined with today’s announced partnership, creates an opportunity to bring Moca ID and the Realm Network SDK to Telegram’s 900 million users. We believe this can exponentially amplify our respective network effects."
