Crypto:
36638
Bitcoin:
$91.325
% 1.73
BTC Dominance:
%58.6
% 0.05
Market Cap:
$3.11 T
% 1.94
Fear & Greed:
28 / 100
Bitcoin:
$ 91.325
BTC Dominance:
% 58.6
Market Cap:
$3.11 T

What is Moca Network (MOCA)? Mocaverse Ecosystem

moca network mocaverse

Moca Network is a project that unites web3 gaming, metaverse, and cultural experiences by creating an identity and loyalty system. Centered around the Mocaverse NFT collection and MOCA token, the project aims to tokenize its ecosystem. Notably, Moca Network is an Animoca Brands venture. 

Project Concept and Objective

Moca Network seeks to create a “web3 identity” for users. Similar to logging in with email or social media on traditional internet platforms, Moca ID allows seamless access to web3 applications. Beyond serving as a login tool, it functions as a loyalty system tracking user activities and rewarding achievements, aiming to accelerate mainstream adoption of web3 technologies. 

Team and Founders

The project is backed by Animoca Brands, a key player in the web3 space. Yat Siu, founder and chairman of Animoca Brands, is one of the visionary leaders behind Moca Network. With investments in over 400 web3 projects, Animoca Brands provides valuable experience and knowledge to Moca Network. 

Investors and Key Partners

Investors: OKX Ventures, Foresight Ventures, Polygon Ventures, Skybound Entertainment, Blocktempo.
Partners: The Sandbox, Immutable, Yuga Labs, The Open Network (TON), Polygon Labs, Arbitrum Foundation, Manta Network, Celestia, Hooked Protocol, OneFootball, among 40+ others in gaming, music, media, sports, and metaverse sectors. 

How the Project Works

Moca Network operates around three core components: 

  • Moca ID (Web3 Identity): A single login point for web3 apps. Tracks both on-chain and off-chain activities, creating a comprehensive user profile. 
  • Moca Points: Earned by completing ecosystem tasks (gaming, app usage, NFT purchases) and used in the loyalty system to reward users. 
  • MOCA Token: Main utility and governance token. Users can convert Moca Points to MOCA or use it for transactions within the ecosystem. 
  • Moca Chain: Layer-1 Blockchain  Moca Chain is a modular, chain-agnostic, EVM-compatible Layer-1 blockchain focused on identity and data management. 

Key Features

  • Decentralized Identity: Users fully control their digital identity and data on-chain. 
  • Verifiable Credentials: Prove identity without disclosing personal information. 
  • Cross-Chain Compatibility: Seamlessly interact with applications on other blockchains. 
  • MOCA Token Use: Pay transaction fees, participate in governance, and earn rewards. 

Mocaverse

Mocaverse is the official NFT collection within Moca Network, launched by Animoca Brands. NFTs act as a web3 identity gateway, granting access to loyalty programs, exclusive events, beta testing, and MOCA token rewards. 

Governance

MOCA token holders participate in governance, voting on protocol changes, ecosystem decisions, and token utility. 

Roadmap 

  • Token launch and listing on centralized and decentralized exchanges 
  • Expansion of Moca ID integrations 
  • Launch of community reward programs 
  • Increase partnerships in gaming, entertainment, and web3 sectors 

MOCA Token Utility 

  • Governance: Voting on project decisions 
  • Ecosystem Access: Exclusive content and features 
  • Rewards: Earn tokens through Moca ID tasks 
  • Payments: Used for products and services within the ecosystem 

Token Details and Distribution 

ERC-20 token on Ethereum 

  • Total Supply: 8,888,888,888 MOCA 
  • Circulating Supply: 13.75% initially

Distribution

  • Ecosystem Growth Fund: 32% 
  • Community Incentives: 20% 
  • Treasury: 15% 
  • Strategic Partners: 12.5% 
  • Team & Advisors: 10% 
  • Token Sales: 7.5% 
  • Liquidity: 3% 

Key Features 

  • Web3 identity and loyalty system 
  • Backed by Animoca Brands 
  • Strong partnership network 
  • Tokenized economic model 

Moca Network leverages Animoca Brands’ ecosystem to accelerate mainstream adoption of web3, with MOCA token as both a governance and utility token. 

Official Links 

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