Animoca becomes largest validator in TON Blockchain

CS Web Team
By CS Web Team 2 Min Read

Animoca Brands becomes the largest validator on the TON blockchain, with the deployment of 300 new nodes for the chain.

Leading player in blockchain, NFTs, and digital entertainment, Animoca Brands, has revealed that it has grown to be the biggest validator on the TON blockchain, which is a safe and scalable platform for smart contracts and decentralized apps.

According to the press release, More than half of the network bandwidth is accounted for by the more than 300 nodes that Animoca Brands has placed on the TON blockchain. To further assist with the platform’s growth and uptake, the business has also made investments in the TON Crystal (TON) token, which is the native money of the TON blockchain.

Animoca intends to leverage its status as a validator to offer games based on blockchain technology to the 800 million users of Telegram. In addition, the business will support third-party TON ecosystem applications with investment, research, and an analytics platform.

For both parties, the collaboration between Animoca and TON represents a significant advancement. While TON will profit from Animoca’s experience in blockchain gaming and its robust network of partners, Animoca will get access to a large user base and a developing blockchain ecosystem.

According to Justin Hyun, Director of Growth at TON Foundation, “Animoca Brands’ investment in The Open Network is a pivotal step towards the next era of blockchain-based gaming.” Its comprehensive research reports and sophisticated analytics platform are in line with the goals of the TON Foundation. Together, we will smoothly integrate Web3 into Telegram users’ everyday lives, especially in gaming, for the enjoyment of a worldwide audience.

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