Mocaverse announces MOCA airdrop details: plans to distribute 10% of MOCA supply to Moca NFT holders

22/05 13:27

Animoca Brands' Web3 project Mocaverse released some details about the MOCA airdrop distribution on the X platform: - Moca NFT accounts for 10% of the total MOCA supply distribution (i.e. 31.7% of the entire network incentive distribution), and one-third will be unlocked at TGE (more details to be disclosed); - The Moca ID airdrop will be launched in two phases; - The TGE unlocking of "network incentives" increased from 15% to 20%; - The upper limit of the total airdrop amount will be unlocked by the first two batches of network reward distribution (the first batch - TGE unlocking, the second batch - TGE + 1 month unlocking); - Consider including external communities in the airdrop distribution, including but not limited to strategic partnerships and marketing incentives - Subject to final changes. Specifically: -Moca NFT holders (circulating NFTs only): 10% of the MOCA supply, users need to hold NFTs at the time of airdrop claim to be eligible, 1/3 of which will be unlocked at TGE, 1/3 will be vested weekly after 3 months, completed in 12 months, and 1/3 will be reserved for Moca NFT for future incentives; -Moca ID holders: The airdrop to Moca ID holders will be carried out in two rounds, the first round has no vesting period, and the second round will be carried out after TGE, details to be announced. There will be a minimum RP threshold for airdrop eligibility (which will be announced along with the mechanism when TGE is approaching). RP is a form of proof of participation, and airdrops will be distributed in a non-linear manner based on participation assessments; -Use network incentives: The remaining network incentives (and other network tokens) will be distributed to all participants, including MOCA holders, Moca ID and Moca NFT holders, in accordance with the value-based mechanism of the Moca network.

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Mocaverse announces MOCA airdrop details: plans to distribute 10% of MOCA supply to Moca NFT holders

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