Animoca Brands' Mocaverse NFT collection, featuring 8,888 NFTs of characters called Mocas on the Ethereum blockchain, partners with Ton Blockchain to expand into the web3 space.

The partnership aims to combine Mocaverse's 900 million users with 700 TON users to create a massive user base exceeding 1.6 billion.

The partnership signifies TON becoming the preferred platform for games and social apps, enhancing its position in the industry.

By partnering, the goal is to introduce new tools, users, and funding to propel the widespread adoption of Web3 by a diverse range of users.

TON Foundation Council President Steve Yun highlights the shared vision between TON and Animoca Brands regarding digital property rights, reinforcing their collaboration.

MOCA Foundation and TON Foundation engage in a token-swap agreement to stimulate user activity and interaction across both ecosystems.

A $20 million reserve in MOCA coin and Toncoin is established to incentivize the adoption of the TON ecosystem through collaborative efforts.

The introduction of 'TON Society ID' on the Layer 1 blockchain aims to achieve 500 million users by 2028, enhancing decentralized identity and governance capabilities.

Mocaverse and TON Foundation plan to form a steering committee, supported by a $20 million token swap agreement, to drive ecosystem growth and development.

In the broader NFT landscape, there has been a notable 12% increase in NFT sales volume, surpassing $112 million in the past week, indicating a growing interest in digital assets.