In a significant development for the decentralized identity landscape, Moca Network, a flagship initiative of Animoca Brands, announced the imminent launch of MocaPortfolio. This innovative platform aims to provide the Moca Network community with greater exposure to the expansive ecosystem of Animoca Brands.
The MocaPortfolio will present participants with the opportunity to receive token allocations totaling USD 20 million from various projects within Animoca Brands’ extensive investment and partnership portfolio, contingent on specific vesting terms. This new mechanism allows for engagement and support from MOCA Coin (MOCA) and Mocaverse NFT communities in a structured manner, deviating from the traditional approach of singular airdrop events.
Yat Siu, co-founder and executive chairman of Animoca Brands, emphasized that MocaPortfolio signifies an evolution in community engagement and rewards. He stated, “Rather than focusing on singular airdrop events, we are offering an ongoing, structured opportunity to share in the growth of promising projects across the Web3 landscape. This approach reflects our commitment to value creation together with the Moca community.”
Kenneth Shek, project lead of Moca Network, underscored the platform’s mission, noting that MocaPortfolio is designed to facilitate mutual growth with the projects in Animoca Brands’ portfolio while empowering community members to enhance their financial literacy and derive long-term value from active participation. He added that MocaPortfolio adds a new dimension of value accrual for the MOCA token, aligning with the forthcoming tokenomics of Moca Chain.
The MocaPortfolio will grant access to an exclusive pipeline of tokens, with the first registration event scheduled for the fourth quarter of 2025, featuring the Magic Eden token (ME). Additional tokens from Animoca Brands’ inventory will be announced in due course. Participants, both new and existing, can stake their MOCA Coins and Mocaverse NFTs on the Mocaverse staking platform to earn Staking Power, which can then be utilized during the forthcoming registration event for the ME token. Notably, staking Mocaverse NFTs will provide users with enhanced earning rates and additional benefits.
Moca Network operates with the vision of establishing the world’s largest chain-agnostic decentralized identity network, integrating privacy-preserving infrastructure for identity verification and interoperability across various industries and ecosystems. Positioned as the premier identity ecosystem under Animoca Brands, Moca Network is uniquely equipped to capitalize on the company’s vast ecosystem, which encompasses more than 570 portfolio companies and over 700 million addressable users.
Animoca Brands has garnered broad recognition in the Web3 sector, being highlighted in various prestigious lists and awards, including Fortune’s Crypto 40 and Deloitte’s Tech Fast. The company operates through three main pillars: advancing blockchain adoption with native projects, providing digital asset advisory services, and managing a diverse investment portfolio that includes over 570 companies.
For further details on Moca Network and its initiatives, interested parties can visit their official website or engage with their community through various social media platforms.
