Moca Network /MOCA

What is Moca Network (MOCA)?

Moca Network is a Web3 identity and reputation infrastructure that facilitates secure, verifiable, and interoperable digital identities across many blockchain ecosystems. Moca ID is a decentralized identity infrastructure managing on-chain credentials, along with developing decision-making, governance & asset ownership using AI for verification. The MOCA token can be used for transactions, and staking and gives token holders the ability to participate in Moca DAO and other ecosystem/community governance.

Moca Network is a project brought to market through Animoca Brands, a leader in blockchain, gaming & entertainment, with a portfolio containing over 450 companies, entertaining the Moca vision of accelerating the mass adoption of Web3 through decentralized engagement, digital ownership/on-chain representations, and cultural integration.

Mocaverse is funded by CMCC Global, OKX Ventures, and Polygon Ventures, among others, who provide strategic guidance, investment capital & expertise to support global engagement with Mocaverse.

Key Features of Moca Network

• Moca ID – A decentralized identity (DID) system providing secure and verifiable credentialing and reputation on-chain.

• Interoperability – Connects multiple blockchain ecosystems & communities to support seamless identity & asset management.

• Governance & Staking – MOCA token holders can participate in Moca DAO for decision-making and earn rewards for staking MOCA tokens.

• AI-Driven Verification – Uses artificial intelligence (AI) technologies for identity authentication and risk assessment into Web3 applications.

• Cross-Sector Integration – Games, metaverse, and DeFi applications are catered for to guarantee cross-sector, wide-scale adoption & utilization.

What is Mocaverse?

Mocaverse is an ecosystem based upon NFTs that has been developed by Animoca Brands, to transcend engagement across gaming, metaverse, and Web3 Applications. Notable features include:

• Mocaverse NFTs – A collection of 8,888 unique digital identities that provide access to the Mocaverse ecosystem. • Realm Points (RP) – A reward system where users earn incentives for engagement in community-driven activities.

• Moca DAO – The decentralized governance that allows holders a voice in decision-making.

What is the MOCA Token?

MOCA is the utility & governance token within the Moca Network ecosystem, enabling payments, governance, and staking rewards. MOCA tokens can be used for transactions, asset minting, and gameplay enhancements, along with voting on proposals in Moca DAO by token holders and earning staking incentives based on activity/amount of MOCA staking.

MOCA coin was launched May 2, 2024 through a public token sale on Coinlist at an initial price of $0.03938 per token. MOCA raised $5 million during its token sale event, with a lockup/vesting schedule of 5% released at TGE, a 3-month cliff and linear over 52 weeks after. Moca Network raised $20 million in an equity funding round on September 11, 2023, and $11.89 million in private funding on December 8, 2023.

Key investors included CMCC Global, Dapper Labs, OKX Ventures, P2 Ventures, and GameFi Ventures.