Animoca Token Is LIVE: How To Buy MOCA On Bitget?
Here is how the new MOCA token, launched by Animoca Brands and Moca Network is set to revolutionize the Web3 landscape with its unique utilities.
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Animoca Brands, in collaboration with Moca Network, has unveiled the MOCA token, marking a significant milestone in the evolution of the Web3 landscape. The MOCA token, designed to offer unique utilities, is now live on Bitget’s exchange, opening up new opportunities for users in the metaverse and beyond.
MOCA Token Launch
The MOCA token officially launched today with a fixed supply of 8.8 billion tokens. It is listed on Bitget’s PoolX, where users can engage in stake-to-mine activities. Animoca Brands and Moca Network have also announced airdrops to further promote the token. The introduction of the MOCA Coin aims to bring revolutionary utility to the Web3 ecosystem, providing users with diverse functionalities.
MOCA Token Utility
Built on the LayerZero v2 protocol, the MOCA token serves multiple purposes within the Mocaverse. It acts as a payment currency and can be used for transaction fees, such as gas fees or identity services. Additionally, MOCA introduces a Proof-of-Loyalty system, rewarding users based on the duration of their token holdings.
The Growth suite feature allows users to earn rewards through growth products and services by leveraging their data.
MOCA Token Cultural Representation and Governance
MOCA token’s utility extends beyond transactions and rewards. It also plays a crucial role in representing Culture across various sectors, including gaming, sports, and music. This inclusivity grants access to a broad range of community members. Furthermore, MOCA holders have Governance voting rights, enabling them to influence the development and strategic direction of the Mocaverse platform.
MOCA Token Tokenomics
The MOCA tokenomics is designed to balance the token release based on the expected growth of the network in partners and user base, and the Foundation's operational needs. More than 50% of the total token supply goes directly to the community, and the rest is allocated for operations for MOCA and the foundation, strategic partners, and team.
In detail, the distribution of MOCA tokens is meticulously planned to support network incentives (31.5%), ecosystem and treasury (20%), and strategic partners (13%). Additional allocations include team (10%), liquidity purposes (10%), LC and advisors (7%), operational expenses (5%), and community sale (1.5%).
Since its launch, the MOCA Coin has shown positive price movements, mirroring the overall recovery trend in the crypto market, including Bitcoin and Ethereum.
MOCA Listing on Bitget
Bitget, a leading cryptocurrency exchange, has listed the MOCA Token on its spot market under the Metaverse and GameFi Zone. This listing provides users with an opportunity to accumulate Bitget Token (BGB) by depositing MOCA tokens. The Candybomb event offers users a chance to win from a pool of 100,000 BGBs. Previously, Bitget facilitated pre-market activities where users could place buy and sell bids ahead of MOCA’s initial launch.
The launch of the MOCA token by Animoca Brands and Moca Network is set to transform the Web3 space, offering unprecedented utility, governance, and cultural representation. With its fixed supply, strategic distribution, and innovative use cases, MOCA Coin is poised to become a cornerstone of the Mocaverse ecosystem, driving growth and engagement across various sectors.
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