Mocaverse Launches Public Sale for MOCA Token

Mocaverse, an NFT project by Web3 and GameFi giant Animoca Brands, officially announced details regarding their MOCA token Public Sale along with the token allocation schedule.

MOCA Foundation, established by Animoca Brands and NFT Mocaverse, disclosed information about their upcoming Public Sale event for the MOCA token.

Details of MOCA Token Public Sale:

• Total Supply: 8,888,888,888 MOCA tokens
• Tokens Allocated for Public Sale: 126,984,127 MOCA tokens
• Purchase Volume: $100 USD receives 2,539 MOCA tokens, equivalent to 1 MOCA = $0.03938558 USD
• Token Distribution Schedule: 5% unlocked at TGE, 3-month lockup, followed by linear weekly distribution over 12 months
• Payment Method: USDT/USDC
• Prerequisite: Requires Moca ID
• Participation Conditions: All users with a Moca ID can participate, prioritized as follows: Moca NFT > Guaranteed Codes > Waitlist Codes > Other Moca ID users

Participants owning Moca NFTs must link their NFTs with Moca ID to access allocation rights during the sale.

The Public Sale will be conducted on a licensed platform with KYC infrastructure. To comply with regional regulations, all participants must undergo KYC. Residents of the US, Canada, China, and certain other regions are excluded from the Public Sale (full list available in FAQ). Mocaverse cannot retain any KYC information beyond verification status.

Additionally, participating in the Public Sale may lead to rewards in future reward distribution events, details of which will be announced later.

How to Participate in MOCA Token Public Sale:

• Public Sale Codes and Lots: There are two types of codes: Guaranteed Code and Waitlist Code
• Guaranteed Code ensures token allocation during the Public Sale
• Waitlist Code undergoes a random draw process for allocation after Guaranteed Codes are exhausted
• Codes are limited and released periodically for crafting

Participants must activate Guaranteed Code and Waitlist Code into Guaranteed Lots and Waitlist Lots before 15:00 PM on April 11, 2024 (Vietnam time).

For Moca NFT Holders:

• Moca NFT Guaranteed Lots: Each NFT guarantees at least 3 Guaranteed Lots. More Lots accumulate with more NFT holdings. Additional Guaranteed distribution rewards if participant's Moca NFT meets XP thresholds and has certain 1/1 rarity traits.
• Waitlist Lots Bonus: Connect Moca NFT wallet before April 3, 2024, to receive 3 Waitlist Lots Bonus (subject to change) per NFT, shareable with friends.

No maximum limit for NFT Guaranteed Lots.

For Users with Moca ID:

• Shard Rush: Shard Rush Mining Period 3 is the final round for users to generate Shards for crafting Public Sale Codes. All Shards will be burnt after crafting for the community sale. Future Shard Rush events will be introduced.
• Crafting Public Sale Codes: Use Shards earned during Mining Periods 1-3 to craft codes (with additional mining rewards). Each Moca ID can craft up to 30 codes (Guaranteed + Waitlist).
• Code Limit per Moca ID: Each Moca ID can hold a maximum of 10 Lots (up to 3 Public Guaranteed Lots).
• Community Partnerships: Join strategic partner communities of Mocaverse to acquire additional codes.
• Realm Ticket Holders: Connect Realm Ticket wallet as Giveaway Wallet in "Manage My Account" before 15:00 PM on April 8, 2024 (Vietnam time) to receive airdropped code.

For Whales (Large Investors):

• Whale Allocation: Requires a minimum commitment of $100,000 USD to participate in the Whale Round of this Public Sale to ensure allocation.
• Limited Whale Allocation: Total public sale allocation for Whales is $500,000 USD, distributed based on the ratio of Whale participants. For example, if 100 Whales commit at least $100,000 USD, each Whale receives $5,000 USD (1% of $500,000 USD) in guaranteed allocation.

As reported by Coin68, Mocaverse is a project developing Web3 tools for gaming and entertainment products, backed by a $20 million USD investment from Hong Kong-based industry leader Animoca Brands. Moca ID serves as a non-transferable NFT collection used to initiate and maintain on-chain identities within the Mocaverse ecosystem.

The funding round was led by CMCC Global, with participation from Kingsway Capital, Liberty City Ventures, and GameFi Ventures. Notable figures such as Aleksander Larsen, co-founder of Sky Mavis, and Gabby Dizon, founder of Yield Guild Games (YGG), are also involved.

The launch of MOCA coin was previously teased in posts on X (formerly Twitter) in January 2024, announcing a collaborative partnership between Mocaverse and MOCA Foundation. The partnership aims to expand the ecosystem across multiple platforms. With the imminent launch of the MOCA token, expectations are high for its contribution to the growth and development of both Moca Foundation and Animoca Brands.