What is MOCAVERSE
MOCAVERSE is the tokenized Web3 culture layer and entertainment ecosystem. MOCAVERSE is one of the crypto projects of Animoca Brands, one of the Web3 industry’s most prominent investors, co-founded in 2014 by Yat Siu and David Kim.
What exactly is MOCAVERSE? MOCAVERSE is a system that connects different cultural areas like gaming, music, sports, anime, NFTs, digital identifiers (DID), and many more.
The ecosystem is designed in a cohesive manner where the success of one segment will benefit the entire ecosystem.
MOCAVERSE also aims to connect and unite the Web3 community to exchange ideas, learn, connect, play games, and build a better future for the Web3 industry.
MOCAVERSE has a collection of 8,888 NFTs of characters called MOCAS, each belonging to one of the five tribes. The tribe represents the personas of changemakers in Web3.
- Dreamers,
- Builders
- Angels
- Connectors
- Neo-Capitalists
Further-more MOCAVERSE comprises two major feature
- MOCA ID
- MOCA toke ($MOCA)
What is MOCA ID
MOCA ID is the decentralized identity (DID) by Animoca Brands that gives the ID owner access to 450+ Animoca Brands portfolio companies alongside an ever-growing partner ecosystem.
The MOCA ID will earn and accrue points from the various products of Animoca Brands; it will also build a reputation for the MOCA ID owners across the entire ecosystem.
The MOCA ID owners will get excellent benefits based on their reputation, which is visible to all of Web3. These benefits can be exchanged with the points. The reputation build also helps unlock benefits with Animoca Brands partners or other companies.
What is the invite code in MOCA ID – MOCAVERSE
The invite code in MOCA ID is a single-use code that allows users to claim one of the MOCA IDs, which is also unique.
The first to claim the MOCA ID will likely be able to claim that unique handle they always wanted.
The invite code also allows users to invite their friends on this journey. The invite code will benefit the more people the user invites.
Early minters are entitled to unique gifts whose details will be shared on the announced date!
3 primary ways to get a MOCA ID Invite Code?
The MOCAVERSE website listed 3 primary ways to get an invite code:
- Own a MOCA NFT – Owners of MOCA NFT will get an invite code and 3 3-code friend codes to invite their friends.
- Through marketing and social media – The MOCAVERSE will also share the invite codes through their various marketing and social media channels.
- Receive from a friend – The invite codes will be provided with complimentary “friend codes”. This “friend code” will allow them to invite their friends.
The company also stated that more invite codes will be released over time.
How to get more Friend invite codes in MOCA ID, MOCAVERSE?
The MOCA ID friend invite code is directly connected to the MOCA NFTs. The more NFTs the owner owns, the more friend invite codes they will get.
For each MOCANFT, you get 3 associated friend codes. So if a user has 3 MOCA NFTs, they can invite 9 friends.
Benefits of Inviting Friends to MOCAVERSE.
Inviting friends gives users and their invited friends a special welcome pack (distributed later) that includes XP and other goodies. Users will also get referral XP for whatever XP their friends have earned.
What is a MOCA Token ($MOCA)?
MOCA ($MOCA) is the omni-chain token that powers the MOCA Network. It is a compatible cultural economy of partner networks and their users around pillars such as music, sports, education, gaming, governance, and more.
A compatible cultural economy of partner networks and their users
The MOCA ($MOCA) is built on the LayerZero v2 protocol with a fixed supply of 8,888,888,888 tokens.
MOCA ($MOCA) is a utility and governance coin, representing the three pillars of Growth, Culture, and Governance.
Top 6 use cases of MOCA ($MOCA) Coin.
MOCA ($MOCA) is a utility and governance token, and here are the 6 most used cases of this coin.
Payment Currency
Use as a means of payment for partners’ products and services.
Example:
Commerce - As a currency for digital purchases (passes, collectables, etc.).
Gameplay Sinks - As a token for spending on premium gameplay purchases.
Launcher - As the main currency to min new assets.Transaction Fees
Services within MOCA Network can be accessible by spending MOCA ($MOCA) Coin on a “pay per usage” basis.
Example:
Gas Fees: One token to pay for gas fees across many chains.
Digital Identity Service - Identity Creation, management and KYC as a service.
Reputation Attestation Oracle - Reputation-based identity.Proof-Of-Loyalty
Loyalty to the MOCA Network can be proven through a combination of MOCA ($MOCA) Coins held and hold period (duration).
Example:
Ecosystem Rewards - Rewards distributed to users by Moca network partners based on Loyalty.
Digital Asset Accelerator - Opportunities are provided to loyalty-based users through launchpads, etc.Growth Suite
Growth products and services allow users to build a reputation in a reputation-based economy and earn points with their own data.
Example:
Pay-to-Reach: Users pay specific points or spend reputation to reach a certain level.
Boost with reputation: Users can boost their gaming XP or level based on their reputation.
Stake-to-access: Users can be given an option to stake their points, MOCA ($MOCA) Coins or reputation to get access on a certain level or product and services.Representation of Culture
The MOCA Network will be used widely across varied ecosystems like gaming, music, and sports. This will result in more users accessing MOCA ($MOCA) Coins.
This will also ensure that projects get their product market fit. At the same time, the holder or the MOCA ID owners will also be rewarded with points for their loyalty.
Governance Voting
MOCA ($MOCA) Coins are the core of the governance layer of the MOCA DAO.
Using MOCA ($MOCA) Coins, participants can:
- Vote on MOCA Improvement Proposals (MIPs) in the MOCA DAO on governance parameters and initiatives that promote the use of MOCA ($MOCA) Coins.
- DAO of DAOs – Vote through delegated voting during Improvement Proposals in partnered DAOs.
Tokenomics of MOCA ($Moca) Coin
The MOCA ($MOCA) Coin tokenomics is structured to balance the token release with the expected growth of the network in terms of partners and user base, as well as the Foundation’s operational needs.
50% of the total token is allocated to the community, and the rest is for operations, foundations, strategic partners, and teams.
| NAME | SYMBOL | SUPPLY |
| MOCA | $MOCA | 8,888,888,888 |
Token Allocation:
| Allocation | Total Supply | Objective | TGE | Cliff (Months) | Vesting (Months) |
| Strategic Partners | 13%(1,155,555,555) | Alignment of incentives between key partners to bring benefits that enhance the network | 0% | 12 | 18 |
| Ecosystem & Treasury | 20%(1,777,777,778) | Capital reserve which can be deployed for initiatives that promote network expansion | 10% | N/A | 48 |
| Team | 12%(1,066,666,667) | Alignment incentives for the team to deliver strong network expansion through development and marketing efforts | 0% | 18 | 30 |
| Liquidity | 10%(888,888,889) | Mitigate volatility and provide stability to the network through token liquidity | 50% | N/A | 12 |
| Operational Expenses | 5%(444,444,444) | Initial liquidity for the project to deploy on critical expenditures that are necessary for the operation of the network | 20% | N/A | 24 |
| Network Incentives | 31.5%(2,800,000,000) | Bootstrap community growth and promote user engagement with the network | 20% | N/A | 24 |
| Launch Contributors & Advisors | Advisors7%(622,222,222) | Alignment of incentives for contributors who assist in the launch of the Moca Network | 0% | 18 | 18 |
| Community Sale | 1.5%(133,333,333) | Alignment of incentives between the project and the community which it serves | 5% | 3 | 52 weeks |
Token Distribution
Token Sale Instruction
| Token Allocation for Sale | 126,984,127* |
| Fixed Sale Price | $0.03938 |
| Fully Diluted Value (FDV) | $350,000,000 |
| Funds to be Raised | Up to $5,000,000* |
| Vesting Period | 5% unlock at TGE3 months cliff period52 weeks linear release |
| Sale Eligibility | button |
| Minimum Purchase | Minimum Purchase: $100 |
| Funding Methods | USDC, USDT |
| Eligible Participants | Excluded participants include residents of the Afghanistan, Canada, Central African Republic, Colombia, Cuba, Democratic Republic of Congo, Democratic Republic of Korea (North Korea), Iran, Mozambique, Myanmar, Nigeria, People’s Republic of China, Regions of Ukraine (Crimea, Donetsk, Luhansk & any other non-government controlled regions), Rwanda, Somalia, South Sudan, Syria, United Kingdom, United States, Uganda, Venezuela |
*Total maximum allocation and number of tokens sold during the token sale will be at the discretion of MOCA Foundation
Note: Public Sale will be conducted on COINLIST. Do note that you will only be able to commit funds to the sale once – you will not be able to modify your purchase afterwards
Token Sale Timeline
How to Participate in a Token Sale
- Register for an account on Coinlist
- Complete KYC verification on Coinlist
- Login with MOCA ID COINLIST
- Participate in Sale and commit funds on Coinlist
Where can you buy MOCA ($MOCA) Coins?
- MEXC
Click here to signup, with MEXC and a claim $10,000 bonus.
Fee Rates
| Spot | Futures |
| Maker : 0.000% | Maker : 0.000% |
| Taker : 0.000% | Taker : 0.010% |
- BITGET
Click here to register on BITGET and Claim $100 USDT BONUS
Fee Rates
| Spot | Futures |
| Maker : 0.100% | Maker : 0.02% |
| Taker : 0.100% | Taker : 0.06% |
- BYBIT
Click here to register on BYBIT and claim $150 USDT Bonus
Fee Rates
| Spot | Futures |
| Maker : 0.1000% | Maker : 0.0200% |
| Taker : 0.1000% | Taker : 0.0550% |
As compared with other crypto exchange MEXC is one of the best crypto exchange to do Spot Trading and Future Trading. User can Enjoy 0 trading fees with MEXC.
Click here to signup, trade $MOCA future with 0 fees and a claim $10,000 bonus
MOCA ($MOCA) Coins & MOCA NFTs Staking
MOCAVERSE has also announced staking features and the token generation event (TGE).Users can stake MOCA ($MOCA) Tokens and gain staking power by staking MOCA ($MOCA) Tokens and MOCA NFTs.
Users participants will accumulate staking power at a rate of 0.000001 Staking Power per second. This staking gives users multiple exclusive benefits within the MOCAVERSE or MOCA Network.
How does Staking of MOCA ($MOCA) Tokens and MOCA NFTs work?
MOCA ($MOCA) Tokens and MOCA NFTs can be locked up for whatever days the user wishes for. Users also have the option to unlock the assets whenever they want to.
Before staking the MOCA ($MOCA) Tokens and MOCA NFTs, the user must connect their wallet to earn the Staking Power.
Staking will be done exclusively on the Ethereum Network.
Soft-staking of MOCA NFTs is also available on the MOCAVERSE Platform. After the soft stake, the MOCA NFTs will remain in the user’s wallet.
What is Staking Power in MOCA ($MOCA) Tokens and MOCA NFTs?
Staking power gives users multiple benefits in the MOCAVERSE ecosystem including access to launchpad project sales, rewards from partner projects and more!
Users can earn staking power by staking $MOCA tokens and MOCA NFTs
How is the Staking Power of MOCA ($MOCA) Tokens and MOCA NFTs calculated?
Staking Power is directly connected to the amount of MOCA ($MOCA) Tokens and MOCA NFTs the users stake. Staking Power will always be linked to the user’s wallet.
1 MOCA ($MOCA) Tokens give users 0.000001 Staking Power per second. Staking MOCA NFTs boosts your Staking Power Rate. Users’ Staking Power will always increase on the amount of MOCA NFTs they soft stake.
Staking Power Bonus of MOCA ($MOCA) Tokens and MOCA NFTs.
Users can boost their Staking Power by +50% on staking MOCA ($MOCA) Tokens during the first 14 days. The Bonus Staking Power will be credited to the users after the early staking period ends.
Staking Power will be reset, if a user unstake MOCA ($MOCA) Tokens during the early staking period of 14 days.
Calculation of Staking and Staking Power of MOCA ($MOCA) Tokens and MOCA NFTs
Let's say you stake 10,000 $MOCA and 2 MOCA NFTs.
You will earn Staking Power = (10,000 $MOCA * 0.000001 Staking Power) * (1 + 75% Boost from 2 NFTs) = 0.0175 every second
Therefore, you will earn Staking Power of 1,512 each day
If you stake additional $MOCA tokens or MOCA NFTs, you will earn more Staking Power
Note: If you only stake MOCA NFTs without staking any $MOCA tokens, you will not earn Staking PowerLink to Staking Power Boost per NFT table: Click Here
Staking Guide for MOCA ($MOCA) Tokens and MOCA NFTs.
MOCA ($MOCA) Tokens
Stake $MOCA
- Connect Your Wallet With MOCA Tokens
- Specify the amount of $MOCA tokens you would like to stake
- Click on “Stake”
- Confirm the transaction in your wallet
- You will start earning Staking Power immediately
View Your Staking Profile
- Connect the wallet your used for staking
- You can view your staked $MOCA tokens from “My Staking Profile”
- You can also view the Staking Power you have earned here
Unstake $MOCA
- Connect your wallet that had previously staked $MOCA tokens
- You can unstake your $MOCA tokens whenever you want
MOCA NFT Tokens
Soft stake your MOCA NFTs
- Connect your wallet with MOCA NFTs
- Select the NFTs you would like to soft stake
- Click on “Stake”
- You will receive a boost on your Staking Power earned
View Your Staking Profile
- Connect your wallet used to MOCA NFTs
- You can view your staked MOCA NFTs from “My Staking Profile”
- You can also view the Staking Power you have earned here
Unstake MOCA NFTs
- Connect your wallet used to stake MOCA NFTs
- Select the MOCA NFTs that you would like to unstake and click “Unstake”
- You can unstake your MOCA NFTs whenever you want
How to check your Staking Power
Go to “My Staking Profile Page”
After staking your assets, you can check the Staking Power you have earned from “My Staking Profile”
Conclusion
Currently, MOCAVERSE developers need to publish a roadmap and plans for the project in the coming years. However, the big anime of Animoca Brand, recognized as the giant in the Web3 industry, supports faith in the project.
However, the NFT market has shown some changes. The second quarter of 2024 shows the sales in the market of non-fungible tokes increase by 28%, reaching the level last seen in early 2023. Between April and June 2024, $4 Billion worth of NFT were sold, 3.7% more than the fourth quarter of 2023.
The DaapRadar blockchain analyst Sara Gherghelas says that Blur remains the most popular NFT platform, with a market share of 31%. However, the platform has lost over 50% of its dominance since the last quarter.
If you really like the post to share with your crypto enthusiast friend and family members.
