What is Mocaverse? Information about MOCA Token

What is Mocaverse?

Mocaverse is an NFT project developed by Animoca Brands, with a theme related to Web3 and the Metaverse. Initially, Mocaverse was introduced as an NFT collection, serving as a bridge connecting users within the Web3 world.

Over time, the project has continued to develop surrounding products, allowing users who own Mocaverse NFTs to participate in ecosystem activities to earn rewards. Mocaverse aims to expand the applications of NFTs, thereby enhancing user experience.

What are the products of Mocaverse?

Mocaverse NFT

The Mocaverse collection includes 8,888 PFP NFTs. Each NFT represents a Mocas, an animated character designed with a theme related to the Web3 world and divided into 5 different tribes (Moca). Each tribe has unique characteristics and abilities, and when combined, their strengths are enhanced. This special feature helps Mocaverse connect members of Animoca Brands, partners, and projects within the ecosystem into an active community.

Moca ID

Moca ID is a decentralized identity system (DID) integrated with users’ cryptocurrency wallets, seen as a ticket to participate in ecosystem activities. Moca ID can be obtained for free by holding a Mocaverse NFT or through an Invite Code from an NFT holder.

Mocana

Mocana is a task system provided by Mocaverse, allowing users who own Mocaverse NFTs or Moca IDs to participate and earn Realm Points (RP). These tasks are designed to engage users in exploring the ecosystem, and RP is also a criterion for the project to airdrop tokens to users.

Stake

Stake is the latest product of Mocaverse, allowing owners of Moca Tokens and Mocaverse NFTs to stake and earn rewards. Users will earn Staking Power based on their staking activities. The more $MOCA tokens and Moca NFTs staked, the more Staking Power users will earn. Staking Power provides various benefits within the Mocaverse ecosystem, including access to launchpad project sales, partner project rewards, and more!

Team

Mocaverse is developed by the team at Animoca Brands, a leading Web3 investment fund with nearly 500 projects in its portfolio, such as Axie Infinity (AXS) and The Sandbox (SAND). Key members of the Mocaverse development team include:

• Yat Siu (CEO of Animoca Brands): Founded Outblaze (a digital services company) in 2000 and sold it to IBM in 2009. He established Animoca Brands in 2014, targeting the Crypto market. In 2023, Yat Siu was ranked 55th on Cointelegraph’s list of the 100 most influential people in the Crypto market.
• Olivia Song (Head of Business Development): With extensive experience in business development, she helped Avalanche grow significantly in the Korean market from 2019 to 2023. Olivia Song has been the Head of Business Development at Mocaverse since early 2024.

Investors

Mocaverse has gone through three funding rounds, raising a total of 38,690,000 USD. The details of the three rounds are as follows:

• September 10, 2023: Raised 20 million USD from various investment funds, led by CMCC Global.
• December 8, 2023: Raised 11.89 million USD from several investment funds such as OKX Ventures and P2 Ventures.
• May 2024: Conducted an ICO on Coinlist, raising 5 million USD.

What is MOCA Token?

After learning about Mocaverse, let’s explore the project’s token, MOCA.

Basic Information about MOCA Token

• Token Name: Moca
• Token Symbol: MOCA
• Blockchain: Ethereum
• Smart Contract: 0xF944e35f95E819E752f3cCB5Faf40957d311e8c5
• Total Supply: 8,888,888,888 MOCA
• Circulating Supply: 1,137,777,778 MOCA

MOCA Token Allocation

• Network Incentives: 31.5% (2,800,000,000 MOCA)
• Ecosystem & Treasury: 20% (1,777,777,778 MOCA)
• Strategic Partners: 13% (1,155,555,555 MOCA)
• Team: 12% (1,066,666,667 MOCA)
• Liquidity: 10% (888,888,889 MOCA)
• Launch Contributors & Advisors: 7% (622,222,222 MOCA)
• Operational Expenses: 5% (444,444,444 MOCA)
• Community Sale: 1.5% (133,333,333 MOCA)

MOCA Token Release Schedule

All tokens will be fully unlocked after 60 months from the TGE date (July 11, 2024).

What is MOCA Token used for?

Users who own MOCA tokens can utilize them in the following cases:

• Gas fees for activities on the platform.
• Rights to participate in project-provided products such as MocaList Launchpad.
• Means of payment for products and services provided by project partners.
• Rights to receive rewards.
• Voting rights for project changes.
• Staking

Where to trade MOCA Tokens?

Currently, MOCA Tokens are listed on major exchanges such as Bybit, Gate, and HTX.

Open Bybit Account Receive USDT Here!!!

Roadmap

By the project’s TGE date (July 11, 2024), Mocaverse has launched the staking feature and conducted MOCA airdrops for its community.

Similar Projects

Mocaverse is part of the NFT investment portfolio, similar to Tensor and Blur.

Project Information Channels

• Website:https://www.mocaverse.xyz/
• Twitter:https://x.com/Moca_Network
• Discord:https://discord.com/invite/MocaverseNFT

Conclusion

This article has introduced you to Mocaverse and the MOCA Token. If you have any questions, please leave them in the comments section to get answers promptly!