Mocaverse
The Mocaverse consists of 8,888 profile picture (PFP) NFTs, an innovative NFT project developed by Animoca Brands. These NFTs will serve as ‘membership passes’ for a digital ecosystem across gaming, art, and social experiences and provide holders access to the wider Animoca Brands Web3 community, exclusive access to products, events, and experiences.
Project Goals and Objectives
Mocaverse attempts to combine games, music, and sports together with developing a gaming platform that can integrate various sectors of cultural expression as an interoperable platform. It intends to simplify user engagement to enable more digital interactions. It strives to enable and nurture a global community producing Web3 ventures of value to the cultural ecosystem.
Tokenomics
The ecosystem in Mocaverse supported by its own native token $MOCA. The project was completed with an ICO and private rounds raising $46.89 million, market cap is $449.75 million at the time of writing. That makes the fully diluted valuation The $2.52 billion. Its success with ICO and funding rounds are a testament to strong investor faith in the project’s future.
ICO Information
Mocaverse ICO was performed in May 2024 at $0.03938 per $MOCA token. The public sale provided 1.4 % of the total supply which raised $5 million. The high level of investor interest in the project was demonstrated by the oversubscription in ICO, which laid a strong base for the project's debut on the market.
Technology Features
Blockchain technology powers the Mocaverse ecosystem, making it a decentralized solution. Features include digital identities in the ecosystem called Moca IDs, and Moca XP for rewarding active participation of users in the ecosystem. They are meant to better fine tune the user experience and increase the level of interaction within the community.
Team and Leadership
Animoca Brands is the developer of Mocaverse, a global leader in digital entertainment, blockchain and gamification. The team is made up of professionals from different verticals such as gaming, technology and finance coalescing to build an open metaverse where digital interactions and engagements are decentralized and community led.
Roadmap
The roadmap for Mocaverse also details major milestones including the Token Generation Event (TGE) in June 2024, the release of Moca ID in October 2023 as well as the launch of Moca XP, the reward points system, in March 2023. Mocaverse’s strategy for the long haul is to run these initiatives to create a dynamic and engaging ecosystem for our community.