Mocaverse, a Web3 project under Animoca Brands, announced on the X platform that the MOCA token public offering has ended, raising a total of $29.3 million in pre-deposit funds with an oversubscription of more than 12 times. During the period, a total of 17,000 users who completed KYC participated, and 87% of NFT Lots were guaranteed by Moca NFT holders.
The final sales results will be announced on May 7, and unsuccessful pledged funds will be returned to the user's CoinList account on the same day.
Earlier news, Mocaverse announced the details of the MOCA token public sale: the time is April 25-May 2, a total of 126,984,127 pieces will be sold, the sales price is $0.03938, the minimum purchase threshold is $100 (supports USDT, USDC), and the target fundraising is $5 million; of which TGE unlocks 5%, and the remaining tokens will be linearly released for 52 weeks after being locked for 3 months.