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Mocaverse Unveils Token Economics, Allocates Over 50% to Community

13/04 08:06

According to BlockBeats, Animoca Brands' Web3 project, Mocaverse, announced its token economics on April 12th. The total supply of MOCA tokens is set at 8,888,888,888. The allocation of these tokens is divided among various sectors, with network incentives making up 31.5% of the total supply. The ecosystem and treasury will receive 20%, while community sales will account for 1.5%. Strategic partners will be allocated 13% of the total supply, with liquidity and operating expenses receiving 10% and 5% respectively. The team will receive 12%, and issuance contributors and advisors will be allocated 7%. Over half of the total token supply will be distributed to the community. This will be done through airdrops to encourage community growth and user participation. The MOCA token will serve as the primary payment currency within the Mocaverse partner network. It will be used for cross-chain transaction fees and to demonstrate user loyalty through holding time and quantity. Furthermore, MOCA will aid in the development of growth products and services. This will allow users to generate revenue from their own data and reputation.

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