What is Mocaverse? Overview of the project invested by Animoca Brands

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CoinMoi
2 days ago
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Mocaverse is not just a regular Non-Fungible Token collection but an ambitious project with the goal of building a comprehensive blockchain ecosystem. This project aims to connect the Web3 and Metaverse communities, bringing exclusive experiences to Non-Fungible Token owners. In this article, we will explore Mocaverse and why this project has received enthusiastic support from the community.

What is Mocaverse?

Mocaverse is an Non-Fungible Token ecosystem developed by Animoca Brands , a well-known investment fund in the fields of gaming, metaverse, and Web3. The project initially launched with a collection of 8,888 Non-Fungible Token in the form of profile pictures (PFPs), each Non-Fungible Token representing a Mocas cartoon character belonging to 5 different tribes: Dreamers, Builders, Angels, Connectors, and Peg-Capitalists.

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What is Mocaverse?

Each tribe in the Mocaverse possesses unique abilities, but only when combined together can their power be fully realized – reflecting Animoca’s vision of a Web3 community where unity is at its core. In addition to owning Non-Fungible Token, users can also participate in the Mocaverse ecosystem to earn rewards, expanding the experience and application of Non-Fungible Token in Web3 and Metaverse-related activities.

This project not only connects members, partners and projects in the Animoca ecosystem but also aims to build a future with many other Shard such as Launchpad, Moca ID, and MOCA's own Token .

Mocaverse Ecosystem

Animoca Brands ' Mocaverse ecosystem consists of three main components: Mocaverse Non-Fungible Token, Moca ID, and Mocana, all designed to connect users and facilitate their flexible participation in the Web3 ecosystem.

Mocaverse Non-Fungible Token

This is a collection of 8,888 Non-Fungible Token in the form of avatars (PFPs) called Mocas, dedicated to the Animoca Brands community, including investors, employees, partners, and members of the Mocalist community. The Mocas are Chia into 5 tribes representing different types of people in the Web3 world: Dreamers, Builders, Angels, Connectors, and Peg-Capitalists. Each tribe has its own unique abilities, but their power increases when combined, creating a unified community within the ecosystem.

image 66
5 Tribes in Mocaverse Non-Fungible Token.

Moca ID

This is a Decentralized Identifier integrated with a cryptocurrency wallet, allowing users to participate in activities within the Mocaverse ecosystem. Users can get a free Moca ID by holding Mocaverse Non-Fungible Token or using Invite Codes from other owners. With Moca ID, users can accumulate Realm Points (RP), which helps unlock exclusive privileges and offers from Animoca Brands partners.

Mocana

The Mocana Mission System allows Mocaverse Non-Fungible Token or Moca ID owners to participate in ecosystem activities to earn Realm Points (RP). RP is an important criterion for users to receive rewards in Token Airdrop or special ecosystem events. These missions not only encourage users to explore products but also enhance interaction and experience in the Mocaverse ecosystem.

Mocalist Launchpad

The Mocaverse ecosystem is not just about Non-Fungible Token , but also aims to develop into a comprehensive platform with many additional products, from the DID system to the Mocalist Launchpad platform, helping to connect projects and users in the Web3 world.

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Non-Fungible Token Specifications

Mocaverse Non-Fungible Token Specifications

  • Non-Fungible Token Name : Mocaverse
  • Blockchain : Ethereum
  • Standard: ERC-721
  • Total quantity : 8,888 Non-Fungible Token

Uses of Non-Fungible Token Mocaverse

Mocaverse Non-Fungible Token holders can enjoy the following benefits:

  • Learn : Join advanced classes and special AMA sessions with Web3 experts.
  • Play : Experience new games and unique products in the Mocaverse ecosystem.
  • Do Good: Contribute ideas to social activities and community initiatives.
  • Build : Get access to Web3 developer-specific resources and tools that support application building and development within the Mocaverse ecosystem.

Mocaverse Non-Fungible Token Properties

The Mocaverse Non-Fungible Token has a variety of attributes, including:

  • Arms : 3 types (White, Black, Gray)
  • Background : 19 types (Sky, Fresh, Earth, etc.)
  • Cheek : 4 types (Rosy, Spiral, Blush, Freckles)
  • Dialogue : 6 categories (Thumbs Up, GN!, Love, etc.)
  • Eyes : 26 types (Three, One, Two, etc.)
  • Face Color : 5 types (Strawberry, Lemon, etc.)
  • Hair : 13 types (Thin Fringe, Center Parting, etc.)
  • Head Middle : 141 types (Red Rocket, Blaster, etc.)
  • Head Top : 99 types (Coin, Fountain, Light Splash, etc.)
  • Left Hand : 6 types (Red, White, Gray)
  • Mouth : 12 types (Smile, Smirk, Pouty, etc.)
  • Name : 25 types (Aqua Dad, Black HODL, etc.)
  • Nose : 8 types (Sharp, Triangle, etc.)
  • Prop : 69 types (MoCat, GPU, APE, etc.)
  • Right Hand : 6 types (Red, White, etc.)
  • Shirt : 53 types (Plain Green, Plain Orange, etc.)
  • Special Tool : 61 types (Compass, Gold Robot, etc.)
  • Suit : 24 types (Blue Etherman, Blue Robot, etc.)
  • Tribe : 5 types (Peg-Capitalist, Angel, etc.)
  • Vehicle : 31 types (Yellow Speedster, Blue UFO, etc.)

Each Non-Fungible Token is made up of 20 different attributes, combining characteristics to create unique digital assets.

Token information

Moca Token (MOCA)

  • Token Name: Moca (MOCA)
  • Blockchain: Ethereum
  • Contract: 0xf944e35f95e819e752f3ccb5faf40957d311e8c5
  • Total Supply: 8,888,888,888 MOCA

Token allocation :

  • Network Incentives: 31.5% (2.8 billion MOCA)
  • Ecosystem & Treasury: 20% (1.77 billion MOCA)
  • Strategic partners: 13% (1.15 billion MOCA)
  • Development team: 12% (1.06 billion MOCA)
  • Liquidation: 10% (888 million MOCA)
  • Launch Contributors & Advisors: 7% (622 million MOCA)
  • Operating expenses: 5% (444 million MOCA)
  • Community Sale: 1.5% (133 million MOCA)
image 65
MOCA tokenomics. Source: Mocaverse.

Applications of MOCA :

  • Gas Price : Pay transaction fees on the Mocaverse platform.
  • Governance : MOCA holder have the right to vote on important project changes.
  • Get rewarded for joining the network.
  • MocaList Launchpad : Provides early access to the platform.
  • Service Payment : MOCA can be used to pay for partner services.

Team and investors

Team

Mocaverse is led by leading experts in the blockchain and technology fields:

  • Yat Siu : Chairman and CEO of Animoca Brands, with over 20 years of experience in technology and investment, leading many leading Web3 and game projects.
  • Timmy Chan : CEO of Animoca Brands, who has contributed to making Animoca Brands one of the world's largest investment funds in the blockchain field.
  • Cassie Chan : Chief Marketing Officer (CMO) of Animoca Brands, expert in building creative marketing strategies for blockchain products.
  • Tyler Durden : Mocaverse Project Lead, plays a key Vai in managing and implementing projects within the Mocaverse ecosystem.

Investor

Mocaverse has successfully raised $38.69 million in Capital over three Capital:

  • ICO (April 25, 2024 – May 2, 2024): Raised $5 million via Coinlist platform, with a Token price of $0.0394.
  • Undisclosed Round (December 8, 2023): Raised $11.89 million from major investors including OKX Ventures, P2 Ventures, and Dapper Labs.
  • Undisclosed Round (September 10, 2023): Raised $20 million from CMCC Global, Kingsway Capital, and Liberty City Ventures.
image 64
Summary of Mocaverse's Capital rounds. Source: Crypto Fundraising .

Summary

Mocaverse is an innovative project by Animoca Brands, uniting members of the Web3 ecosystem through a unique Non-Fungible Token collection. Hopefully, this article has provided you with useful information about this project and helped you make the right investment decision. Good luck!

The article What is Mocaverse? An Overview of the Project Invested by Animoca Brands appeared first on CoinMoi .

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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