Mocaverse (MOCA): Omni-Chain Leader in NFT Sales
2024-07-16Animoca Brings Three Crypto Wallets Onto Its Mocaverse Network
Animoca Brands has announced strategic partnerships with OKX Wallet, Crypto.com DeFi Wallet, and Halo Wallet, aiming to enhance user experience within its Mocaverse network. This move, led by Animoca Brands' co-founder and chairman Yat Siu, aims to integrate users more seamlessly into a decentralized digital landscape.
Elevating Mocaverse Network
Launched in December 2022, Mocaverse is a non-fungible token (NFT) collection that functions as a membership platform for Animoca’s investors and partners. The introduction of the Moca ID, a decentralized identifier, simplifies navigation and enhances security across Animoca’s network. This identifier not only streamlines access to various platforms but also enables users to accrue loyalty points through active participation.
Animoca Brands: A Global Leader in Blockchain
Animoca Brands is renowned for its significant contributions to Web3 technologies, including NFTs, decentralized finance (DeFi), and blockchain gaming. The company's mission centers on driving digital property rights via NFTs, fostering new business models in the digital economy, and enhancing the sovereignty of digital assets.
Founded in 2014, Animoca Brands has grown into a blockchain leader, with a broad portfolio that includes investments in prominent projects like The Sandbox, Axie Infinity, OpenSea, and CryptoSlam.
Mocaverse Leads NFT Sales as MOCA Airdrop Begins
Mocaverse recently topped CryptoSlam’s NFT rankings with sales surpassing US$867,340. The token project, MOCA, began its airdrop campaign to Moca NFT holders, further solidifying its market presence. Mocaverse, consisting of 8,888 unique NFTs on the Ethereum blockchain, saw its sales boost to US$5.72 million, up from US$3.76 million the previous day.
Other top collections included CryptoPunks and DMarket, with the former generating US$621,865 in sales and the latter US$514,735. Notable mentions also include BAYC and Froganas, hosted on the Solana network, with daily sales of US$485,053 and US$480,739, respectively.
MOCA Goes Live on Major Exchanges
The MOCA token has begun trading on major centralized exchanges such as KuCoin, Gate, HTX, Coinlist, Bitget, MEXC, and Bitmart, starting at a rate of $0.088. This listing is expected to increase MOCA’s visibility and attract a wider audience of investors.
Introducing Staking Power
Alongside the token’s listing, Mocaverse introduced a staking feature. Users can stake MOCA tokens to receive staking power, offering exclusivity in terms of experiences and rewards. An early staking boost of 50% is available from July 11 to July 25, encouraging early participation.
About Mocaverse
Mocaverse aims to connect Animoca's portfolio projects, subsidiaries, joint ventures, and partners through a unique NFT collection. The 8,888 characters, called Moka, belong to five factions: Angels, Builders, Dreamers, Connectors, and Neo-Capitalists.
Members enjoy various features, including access to online training courses, interactive AMA sessions, game passes, in-game assets, and an acceleration program. Mocaverse also promotes social responsibility by encouraging NFT holders to participate in charitable projects.
Governance is facilitated through the Moca DAO, where NFT owners propose, vote, and implement changes. The platform offers Mocana Missions, web3 activities that reward users with points for engagement.
The Team Behind Mocaverse
Animoca Brands, a major player in digital entertainment and blockchain games, developed Mocaverse. In September 2023, Animoca Brands raised $20 million for Mocaverse through an additional stock issue, led by CMCC Global and other investors.
Future Plans
While the detailed roadmap for Mocaverse is yet to be published, the involvement of Animoca Brands, a web3 industry giant, instills confidence in the project's potential. The community eagerly anticipates updates regarding Mocaverse’s immediate and long-term plans.
Market Outlook
According to DappRadar, the NFT market saw a 28% increase in sales in the second quarter of 2024, reaching $4 billion. Platforms like Blur, Magic Eden, and OpenSea continue to dominate the market, with notable collections like Runestone and fantasy.top gaining popularity.
Animoca Brands remains a pivotal player, with Mocaverse leading NFT sales and MOCA making significant strides in the crypto market. The community looks forward to the project's future developments and its impact on the digital landscape.
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Disclaimer: The content of this article does not constitute financial or investment advice.