In the context of the Non-Fungible Token market experiencing a Downtrend for the first time in history, Mocaverse is emerging as one of the notable collections when it just announced a successful call for 20M USD and has many updates surrounding the system. its ecology. So what's special about the Mocaverse ecosystem? Let's find out with Hak Research in this article.
What is Mocaverse?
Mocaverse is a collection of 8,888 Non-Fungible Token developed by Animoca Brands . Mocaverse was born with the purpose of connecting members of Animoca Brands, partners and projects in the company's ecosystem into a strong community.
Each Non-Fungible Token is called a Mocas character belonging to one of five tribes: Dreamers, Builders, Angels, Connectors and Peg-Capitalists. Each group represents the diverse and complementary personalities of web3 changemakers.
Mocaverse will have 4 main types of utilities called Mocaverse Realms that represent the core values in the collection including: Learn, play, build and do good. Fields will act as channels for users to exchange ideas, seek new knowledge, and grow as a community. Mocas owners will enjoy various membership benefits including opportunities to learn together (such as expert AMAs), play together (through game passes and exclusive in-game assets), build together and work well together (organize and contribute to social causes).
How Mocaverse Attracted Interest Before Launching With Airdrop
Mocaverse was originally designed for Animoca Brands partners, employees, friends and family including:
- Institutional and retail investors
- Employees of Animoca Brands and its subsidiaries
- The management teams of Animoca Brands ' Web3 portfolio companies
- Partner of the Animoca Brands brand
Whether intentional or not, this has fueled community interest in Mocaverse based on perceptions of scarcity and exclusivity. As a result, on December 30, 2022, Animoca Brands announced the group of eligible people on the Mocalist list eligible to receive Non-Fungible Token Airdrop in the upcoming launch.
This has created heat and attracted a lot of community attention ahead of the Non-Fungible Token sale in March 2022. With Animoca Brands ' reputation and position in the market, it is not difficult for Mocaverse to attract fans and build a quality community.
Mocaverse Development Update
Announcing the launch of Moca XP
Mocaverse Moca XP
Moca XP is a system that helps users have priority access to a number of Mocaverse benefits such as: Exporting whitelist of partner projects, Box, instant experience rewards. Users can accumulate Moca XP through interaction with Mocaverse by participating in:
- Staking: Earn up to 8 Moca XP per 7-day Staking period. The condition for earning Moca XP points is that users cannot sell, transfer or list Non-Fungible Token on the Non Fungible Tokens Marketplace.
- Participate in ecosystem experiences: Non-Fungible Token holders participate in experiences in the Mocaverse ecosystem and reach the top of the leaderboard to earn Moca XP.
- Community building: Non-Fungible Token owners who are active on Discord and Twitter will be rewarded with Moca XP.
Moca XP will be accumulated directly into each Moca Non-Fungible Token , and when users sell their Non-Fungible Token , the Moca XP will also go with the Non-Fungible Token to the new owner of the Non-Fungible Token.
For example: Creedo Staking for 7 days and accumulated 8 Moca XP for Moca #1234 and sold it to Tyler 1 day after the Staking period. Tyler will not receive XP Staking for the next 7 days but will receive Moca #1234 for 8 Moca XP upon purchase. Tyler can then start earning Moca XP again if he does not sell, transfer, or list Moca #1234.
Announcing the launch of Mocana Odyssey Cosmic Hunt
Mocaverse announces the launch of Mocana Odyssey Cosmic Hunt
Moca XP was introduced after the Mocaverse Non-Fungible Token Mint event and continues to be expanded in usecases to give users more experiences with Mocaverse's ecosystem.
That's why Mocaverse has announced the launch of Cosmic Hunt - a Social platform centered around analysis and decision making. There are 4 core features in Cosmic Hunt including:
- Buy Tools: Moca Non-Fungible Token owners will start at Peg-Depot and by using earned Moca XP choose to purchase and equip desired tools to begin their journey.
- Excavation: After successfully purchasing tools, a tool-equipped Moca can head to the excavation chart to officially begin her hunt. When arriving at the excavation map, each Moca can select a desired tile to excavate. Excavating each cell costs 1 level of tool energy, and each Moca can only excavate each cell once. After successfully excavating a plot, additional information about the plot will be revealed.
- Retrieve: Mocas can reclaim any Relics previously found on excavated tiles. The relics will be distributed as ERC 721 Non-Fungible Token to addresses holding Moca on the Polygon network.
Announcing the launch of Moca ID
In September 2023, Mocaverse announced the launch of Moca ID - a decentralized identity system that gives users access to more than 450 companies in the Animoca Brands portfolio along with a growing partner ecosystem. more developed.
Moca ID will Vai as proof of identity and accompany users across various products, allowing users to build their reputation across the entire Mocaverse ecosystem.
Successfully called for Capital
On September 11, 2023, Mocaverse announced a successful call for 20M USD led by CMCC Global with the participation of other investors such as: Kingsway Capital, Liberty City Ventures and GameFi Ventures. This helped the floor price of Mocaverse Non-Fungible Token increase slightly and Mocaverse Non-Fungible Token is also one of the Non-Fungible Token collections with the best growth performance in the past 30 days.
Mocaverse Review
Since its first launch in March 2023, Mocaverse has continuously updated products in its ecosystem such as: Launching Moca XP, Mocana, Moca ID or Moca DAO so that Non-Fungible Token owners can work together. Voting to build a strong Mocaverse ecosystem.
Unlike most other collections on the market, Mocaverse focuses on building many different products from gaming to Social so that users can use their Non-Fungible Token to participate in many platforms to earn rewards.
In addition, receiving a large investment from investment funds will help Animoca Brands have more funds to build the Mocaverse ecosystem to grow more and more.
summary
Mocaverse is making good progress in building and developing its products. Above is all the information I want to update about Mocaverse, hope everyone has received useful knowledge.
The post Mocaverse And Its Journey To Becoming The Next Generation Blue Chip Non-Fungible Token Collection appeared first on HakResearch .
