Moca Foundation Announces $MOCA Token Coming Soon
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.
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.