AlphaTON Capital has joined the Blockchain Game Alliance (BGA), an organisation promoting blockchain adoption in gaming.
This follows AlphaTON’s recently announced plan to acquire a 51% stake in GAMEE, a gaming platform within the Animoca Brands ecosystem.
AlphaTON Capital Targets Web3 Gaming Growth Through BGA Membership
The alliance will facilitate a new ‘TON Gaming Builders’ track for BGA member studios. Through this programme, AlphaTON will offer funding, technical support, and direct distribution on Telegram.
The strategy leverages Telegram’s vast user base for instant, ‘one-tap’ gaming. The company operates as a specialised digital asset treasury for the TON blockchain. Its business model functions as both an accelerator and an incubator.
“Telegram is the app for the people and TON is the blockchain for the people; it’s only natural we help build the gaming platform for the people on Web3—where talent can create livelihoods and earn real income from play, skill, and community,” AlphaTON Capital executive Will de’Ath stated in the press release.
AlphaTON invests in a range of TON-native sectors, including staking and decentralised exchanges. It also provides institutional investors with regulated exposure to the TON ecosystem.
Animoca Brands Partnership Strengthens AlphaTON’s Telegram Gaming Vision
AlphaTON Capital’s move to join the BGA marks the latest step in its ongoing effort to attract more Web3 gaming developers to the Telegram ecosystem this year.
Earlier this month, the company signed a non-bidding letter of intent to acquire a 51% stake in GAMEE, which could see the firm become the first publicly listed web3 company.
GAMEE is a wholly-owned subsidiary of Animoca Brands, a web3 firm with investments in esports and web3 gaming.
The terms of the deal also include the acquisition of a majority of GAMEE’s native tokens $GMEE and $WAT on the open market.
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