The Moca Foundation, an Animoca Brands-affiliated web3 growth network, has announced their upcoming $MOCA token after much community speculation.
The token is designed to “fuel network growth”, “unite and export culture” and “foster cross-community synergy via shared governance”.
Further details on the token, and the upcoming Moca DAO, are set to be revealed soon.
Not just another token
It’s about breaking barriers & fueling network GROWTH
It’s about uniting & exporting CULTURE
It’s about fostering cross-community synergy via shared GOVERNANCE$MOCA will power the network of the largest on-chain cultural economiesAre you in?
pic.twitter.com/gjJ86JAsey
— MOCA Coin (@MOCAFoundation) January 25, 2024
What is $MOCA?
$MOCA is set to become the driving force behind the Moca Foundation’s network.
On top of being used to scale their web3 network, $MOCA will be a central governance token for the upcoming Moca DAO – which their building to become the “DAO of DAOs” in web3.
The token will also be used to support projects that “connect and innovate on-chain cultural economies” – a new avenue which will seemingly extend Animoca’s already-prolific web3 investment portfolio.
What is Mocaverse?
Mocaverse is an 8,888-piece NFT collection of unique characters that constitutes a membership to Animoca Brands’ suite of web3 games, projects and partners.
Holders of Mocaverse NFTs can claim a Moca ID, a decentralised identity which provides access to over 450 of Animoca’s portfolio companies, as well as an ever-expanding partner ecosystem. Recent initiatives include a partnership with popular web3 title Pixels, with rewards for completing Moca-exclusive missions.
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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.
