What is Mocaverse Coin (MOCA)?
Mocaverse (MOCA) is a utility and governance token that supports the Moca Network, a decentralized ecosystem combining blockchain technology and culture. Created by Animoca Brands with backing from leading VCs, $MOCA operates in areas such as music, sports, gaming, and education. $MOCA powers an interoperable cultural economy, comprising “subnets” of partners and users, regardless of VM, L1, and L2 chains. It embodies the pillars of Growth, Culture, and Governance, with a fixed supply of 8,888,888,888 tokens built on the LayerZero v2 protocol.
#### Tokenomics of Mocaverse Coin (MOCA)
$MOCA tokenomics balance token releases based on network growth, partner, and user base, as well as the Foundation's operational needs. Over 50% of the total token supply is allocated to the community, with the remainder for operations, strategic partners, and the team.
Who Created Mocaverse (MOCA)?
Animoca Brands, a leader in digital entertainment, blockchain, and gamification, created Mocaverse. With over 450 businesses in its portfolio, Animoca Brands aims to expand decentralized technology and build an integrated ecosystem where the digital economy and culture intersect.
#### What VCs Support Mocaverse (MOCA)?
Mocaverse is backed by CMCC Global, OKX Ventures, and Polygon Ventures, among others. These strategic investments provide financial support, guidance, and industry expertise, enhancing the project's credibility and driving innovation and expansion.
#### How Does Mocaverse (MOCA) Work?
Mocaverse promotes digital identity and cultural engagement through blockchain technology with key elements like:
- NFT Mocaverse: A collection of 8,888 unique profile picture (PFP) NFTs, called Mocas, serving as digital identities that allow users to participate in cultural experiences and earn rewards.
- Moca ID: A decentralized identity (DID) system for accessing various decentralized applications (dApps) on the Moca Network, crucial for seamless interactions and reputation building.
- Mocana: A hub for Web3 enthusiasts providing a platform to earn Realm Points (RP) through curated Web3 experiences and missions.
MOCA Foundation Concludes MOCA Token Launch
On May 3, 2024, the MOCA Foundation announced the successful conclusion of the MOCA Token Launch, raising $29.3 million, representing a 12x oversubscription. The launch was facilitated on MocaList, a new token launchpad created in partnership between Mocaverse and CoinList.
#### Key Highlights of the MOCA Token Launch:
- Launch Period: April 25, 2024, to May 2, 2024.
- Initial Target: $5 million, surpassed in less than 6 hours.
- Total Funds Raised: $29.3 million.
- Participants: Nearly 17,000 KYC-ed users from 123 countries.
- Tokens Sold: 126,984,127 MOCA Tokens (1.5% of the total supply) at $0.03938 each.
- Final Allocation Announcement: Expected on May 7, 2024.
- Token Distribution: Around May 24, 2024.
- Fully Diluted Valuation: $350 million.
- Vesting Terms:
- 5% unlocked at the Token Generation Event (TGE).
- 3-month cliff period.
- 52-week linear release.
### Mocaverse (MOCA) Airdrop: Everything You Need to Know
Mocaverse, created by Animoca Brands, is a digital universe that unites a community passionate about blockchain-based activities. The ecosystem, powered by the MOCA token, offers various opportunities for earning rewards, participating in missions, and enhancing digital assets.
#### Key Features:
- Moca NFTs: Unique digital collectibles granting access to special benefits and rewards.
- Moca ID: A digital identity for participating in Mocaverse activities, crucial for eligibility in the MOCA airdrop.
- Staking: MOCA holders can stake their tokens for additional rewards, with early stakers receiving a Staking Power Boost.
- Realm Points (RP): Earned through Mocaverse activities and used to qualify for different tiers of rewards.
MOCA Airdrop Details:
#### For Moca NFT Holders:
- Total Allocation: 10% of the total MOCA supply, divided into three tranches:
- First Tranche: ⅓ unlocked at TGE.
- Second Tranche: ⅓ vested weekly for 52 weeks, starting three months after TGE.
- Third Tranche: ⅓ reserved for future incentives.
- Loyalty Rewards: Additional rewards based on loyalty, measured by the Moca NFT-holding wallet.
- Claim Options:
- Claim Now: 100% at TGE, forfeiting the bonus amount.
- Claim Extra: 40% bonus, with 35% at TGE and the remaining 65% three months later.
- Staking: Starts at TGE with a Staking Power Boost if staked within the first 14 days.
#### For Moca ID Holders:
- Airdrop Rounds:
- Round 1: Requires 1,500 Realm Points (RP). Tier-based rewards.
- Round 2: Another chance to earn rewards if tokens from Round 1 are not unstaked.
- Cosmic Series: Provides more ways to earn RP through participation or spending RP on missions.
- Staking and Rewards: MOCA is automatically staked. Unstaking disqualifies holders from Round 2 airdrop.
Security Measures:
All NFT holders must sign manually to prove ownership during the claim process. A white-glove claim service is available for those holding eight or more Moca NFTs.
How to Claim Your Airdrop:
##### For Moca NFT Holders:
1. Check Allocation and Decide:
- Go to the Mocaverse Airdrop site, choose Mocaverse NFTs, and connect your wallet.
- Choose your airdrop plan, tweet the link to finalize, review, and confirm your choice.
2. Claiming Your Airdrop:
- Connect your wallet to the Mocaverse Airdrop site on the claim day.
- Select the NFT and click "Claim Now" to receive your allocation.
##### For Moca ID Holders:
1. Go to the Mocaverse Airdrop site, choose Moca ID, and log in.
2. Follow Mocaverse on Twitter, verify, and view your allocation.
3. Tweet about the airdrop, provide the link, verify, and connect your wallet to receive the airdrop.
Conclusion:
The Mocaverse MOCA airdrop is an exciting opportunity for both Moca NFT and Moca ID holders to receive significant rewards. By following the outlined steps, you can claim your allocation and maximize your benefits within the Mocaverse ecosystem. Stay active, engage with the community, and take full advantage of what Mocaverse has to offer.
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